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To: John Vosilla who wrote (1487)	10/24/2007 9:58:32 AM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 1718

Are these tail values though or are they indicative of what a common buyer would get for a similar property? In other words, are all comps now based on these values? Not seeing that in NY metro yet. We're definitely at 2004 right now which means 10-15% off the top overall with some areas and some properties seeing declines 20%+. When do you think we hit a nominal bottom in price? I think the Case Shiller Futures are a good guage.