Ingo Winzer Quotations

Although we hear of a slowing real estate market, we don't yet see any price declines in the data.

It's not like prices are going to fall 72 percent or 39 percent. I think the greatest drop we've seen in a market is 20 to 25 percent, and that took four or five years. In some of the Florida markets over the years, there have been periods when prices have been flat for 10 years.

That's a much better position to be in than a lot of the other markets right now that are at the end of a period of expansion. The places that have had the strongest appreciation over the last five years especially in California and Florida are very likely to give a bunch of it back.