Another -15% this year. It would be good if it stopped there. We will probably overshoot, a part of me hope the damage is already done. Namely if we don't see a doubling of foreclosures on this doubling of price drop.
In related news, Obama has pledged another $700B bailout even before getting into office. That is TARP2. I fear we may need TARP5 before we get a hold of this running bull.