re AZ Guy
Yep, similar story, nothing about the 1st phase being the reduction of new home prices, though, that is why the inventory of existing homes numbers are so high. There is a cause and effect of everything in real estate. Things just don't happen, like in the stock market, LOL.... Like Today LOL...what a great day. Long article by the way, my ADD kicked in at least 3 times while reading it.... :o)