ON CNBC now; Demand in FLA. has virtually

fallen off a cliff!!! No one has any idea where the bottom will be, until transactions sort out over the next two years. Universal agreement among analysts that supply has mushroomed exponentially over the last several months, and demand has exponentially shrunk at the same time.

The bullish analyst, who represents the interests of brokers and the industry in Florida, maintains now acknowledges only that the market has slowed, but it doesn't necessarily will be going down significantly in price.

Recall back to a few months ago, when the typical National Association of Realtor figurehead on TV, would maintain that they expected only that "appreciation to moderate"

The writing doesn't appear to be on the wall; it is now flashing in neon signage.