RealtyTrac article: Most think housing will be down until 2014

[CarolinaAppraiser]

Originally Posted by Bill Hitchcock

But in every "bad" market there are always target specific golden opportunities.

Yes sir. Bad markets make for excellent opportunities.

[Bill Hitchcock]

Just as a warning. A little bit of information can be dangerous. So can comparing apples to oranges.
The national scene may have little or no similarities to a local market. And posting a few facts and figures can be misleading no matter how accurate those facts and figures may be.