[grudk]

I'd say that ppty over a million is falling slowly in price while inventory is sitting (even more true over 1.5). Under 500 is moving much better, with multiples/overbids not uncommon in some areas (where prices have been beaten down to attractive levels by REO)

I think the pain in the high-end in SoCal is yet to come. Time will tell, but I'm voting with my $, patiently renting.

Sold out a third of my retirement today, too. Wagering that the bear rally is nearing the top. I'll get back in if we approach the lows. If wrong, I'll take the tax hit and buy myself a toy. Life is too short. #$%@ it.