More trouble for the real estate market?

Sorry for not being able to write for a long time. I was deadly busy now a days ..first of all want to wish you all of you reader Merry Christmas. Ok…So as we all aware that Real Estate Business plays a big and important role in American Economy. The buying and selling of residential homes makes up only a portion, yet a large portion, of the real estate business in America.
I just read an article forecasting more trouble for real estate in 2009. For many people, the question is whether 2009 will be any better for the real estate market? some markets were even approaching Pre-Bubble price levels as though that was an organic impossibility.
If you check you will see that the last two real estate booms in the 70's and 80's resulted in prices dropping back to pre-boom levels before they took off again. Unfortunately these big troubles will continue to drive prices down even further. Although some markets are in fact approaching pre-boom prices, the pendulum may not stop at mid point and may actually swing all the way past pre-boom prices. Have you ever known a pendulum to stop mid way through its swing?
In a last week I read a report it said that rental of a typical space on a freighter delivering goods to the US fell from $236,000 for the trans Pacific crossing to $5,000.
I do believe certain parts of the country will see their markets stabilize a bit. Then again, my prediction is hardly any more accurate at this moment than any other REAL ESTATE GURUS! Check back in a year to see who was right! God better know what gonna happens in Real Estate market.