the reality is, if you take a snap shot of all propertys right now, and then you drop the median by 30% any property that had a little bit of growth now, will most definietly be down also by then.
people mostly want to live in town, when prices get to high they buy in the outer cheaper area's which push's them prices up.. thats why you see price growth in these times when most are falling.
it will be short lived.
as housing falls, then demand moves back closer to town again, taking the heat out of the outer areas.
