OfflineHere is an article from the Associated Press and MSNBC.com:
http://www.msnbc.msn.com/id/41051419/ns/business-real_estate/
Some states are going to be worse and some states are going to stabilize. Just know that the former states will probably affect your comps dramatically in 2011 and the latter will allow your comps to equalize. Just be careful out there because you can lose money in this market. Remember that free amrkets allow you to make as much money as you can but also allow you to lose everything.
__________________
Always Looking to Acquire Houses | Always Looking to Amaze Investors
Bill's point it's very true, if there's an additional 5% depreciation of housing values this year, you must be careful while comping the property.
This is why it makes it more important to go after the "killer" deals so there is more margin to work with, this is especially true for people who want to wholesale properties.
Investors that are buying & holding and are in an area that can collect substantial rents & have employed tenants that can pay rent in a timely manor are fortunate because they can ride the market out & then either "refi" or sell at a higher profit.
Be careful & do your research because even seasoned investors can make mistakes & lose money.