Gateway is still a solid market. Homes are actually selling well.

I could look at sales six months ago and they're at one level, but this year there might be 28 homes on the market, none pending, and one closed sale in the last six months.

Should you need to sell the home within a year or two there is not a lot of equity there.

Probably in the last six months I've seen more 100% financing deals than I've seen in the last two to three years.

Because we have more inventory right now prices are starting to come down. The market is re-balancing itself. It was out of balance there for a while and we had too many buyers and not enough inventory and now it's the other way around.

We're starting to see hundreds of price reductions a day.