1.0 link 74250 <![CDATA[How Low Will Housing Market Go? Much Lower, Say Experts]]> http://www.huffingtonpost.com/2007/11/27/how-low-will-housing-mark_n_74250.html Eric S. Broida wants to trade up. He has been eyeing a multimillion-dollar house near his Pacific Palisades home and thinks it might be a bargain. Eventually, that is.

The 4,600-square-foot house has languished on the market for six months. The sellers have cut the asking price several times, slashing it from $4.6 million to $3.6 million.

When the price falls by an additional $400,000 or so, Broida will be ready to pounce.

"There is nowhere to go but down...

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