All right so two and a half years ago I bet my friend his house would drop in value 40%. He lives in Wilmington, Delaware. The values there rose pretty high....I think about 50%. Well the national average decline in home prices is around 13%. Every major area has been hit and they are calling for no end in site. Prices could drop another 25%. read this article http://money.cnn.com/2008/04/29/real_estate/housing_price_fall_deepens/index.htm?ref=patrick.net Get this he claims his house has appreciated 7%. I don't think I have to say anything else.....give me your feedback please.