I was reading last week the top areas where home values have dropped the most. Riverside County is like number 4 (not to mention the fact that about 4/5 out of the top ten were in California). I believe it too. My house (condo) value is less then half of what I paid for it two years ago. eek Thank goodness I plan to stay here for a while and that I put an nice down payment on it so I'm not upside down on the mortgage.

I have to believe that what goes down must go back up again. It's gotta bottom out and then rise. I'm speculating that 09 will still be rough, but hopefully by mid/end year it'll start to improve. I hope I'm right.

TIS

"Mankind must put an end to war before war puts an end to mankind. War will exist until that distant day when the conscientious objector enjoys the same reputation and prestige that the warrior does today." JFK

"War is over, if you want it" - John Lennon