LA Times blogger Peter Viles interviewed local realtor Leo Nordine in the wake of this week's news.
By Viles' reckoning, Leo is "among the most bearish industry players we know," but he knows our market and he knows tough times.
Here's a link to today's interview
. Recommended. Warning:
It would appear Leo believes the sky actually is falling.
Also, twice previously the LA Land blog at the Times spoke w/ Leo: here
, and here
More bullish views are appearing in the comments to this recent MBC post
, thanks (presumably) to a local realtor.