[az2fla]

I agree with JohnN. Foreclosures in TV would be rare. However, some of those who are carrying the expenses of two (2) homes while waiting for their home in the North to sell will face increased pressure. Either they will be forced to lower their listing price or they will sell their TV home. Keeping in mind that there already are sellers in TV who want out for various reasons prices will continue to adjust to market conditions. Everything for sale from pencils to homes must be marked to market. When a store has too much inventory and not enough buyers, sale prices reduce that inventory. Foreclosures in TV - NO....price adjustments - YES. At least, throughout 2008, anyway.