Except prices in The Bay Area are already down ~10%, and the rate of monthly decline is increasing. Seattle, Los Angeles, Las Vegas, and most of the boom towns

Except prices in The Bay Area are already down ~10%, and the rate of monthly decline is increasing. Seattle, Los Angeles, Las Vegas, and most of the boom towns outside of Florida are only a few months behind The Bay. A ~20% decline is going to more than wipe out all inflation adjusted (real) gains in almost all markets.