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Big Picture Real Estate Predictions

What do you see in YOUR crystal ball?

Am I being reasonable in these predictions?

Change in number of single family home sales:
  • 2005 to 2006:  -11%
  • 2006 to 2007:  -12%
  • 2007 to 2008:  -18%
  • 2008 to 2009:  -14%
  • 2009 to 2010:  -1% (but, a tax credit)
  • My 2011 Prediction:  -5%
 Change in median price of single family homes sold:
  • 2005 to 2006:  +8%
  • 2006 to 2007:  -1%
  • 2007 to 2008:  -4%
  • 2008 to 2009:  -5%
  • 2009 to 2010:  -2%
  • My 2011 Prediction:  -2%
Would you guess higher, or lower trends?
  

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