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[–] 3 pts

Most are going to take it in the shorts before this is over. The lion's share of those homes won't sell for years.

[–] 2 pts

Who'd buy one now, with the prices still dropping and likely to for a while.

[–] 2 pts

Exactly. And with a reduced demand for local housing because of dramatically reduced federal payrolls,, who even needs a house in that area? Dramatic increase in inventory + dramatic reduction in demand ... there will be a lot of pain. And as you say, who wants to grab at a dropping knife?

[–] 2 pts

And as you say, who wants to grab at a dropping knife?

I wish I was clever enough to come up with that phrase.

[–] 2 pts

Getting out while the getting is good

[–] 1 pt

Good news: they can always learn to code.