Housing boom and Kubler-Ross.

Dr. Elisabeth Kübler-Ross, five stages of grief. Denial, anger, bargaining, depression, and acceptance.

Simplistic, I know, but it seems to me in the local housing market that we've gone from outraged denials, to blaming the media, to many facets of "we're different", to lower prices are a 'good' thing, to lately....... an eerie quiet.

Have we entered the depressed phase?

Seems like it.