when it crashed, realtor peter zalewski started condo vultures and it was no joke. >> we are going up a unit. look at that view. that's -- >> this is a nice hotel. >> nice hotel room. you know, you have great brand of nuts over here. >> but what is -- so somebody owns this and then it's ruented out as a hotel? units sold for $550,000 back in 2005. last week, the same condos sold for $32,000 when an investment bond fought 51 heavily discounted units from the bankrupt builder. you're saying this was worth $1,100 a square foot? when it will worth that again? >> i don't think i will have will be alive? >> ever? >> i might seette worth -- see it worth $500 a square foot. >> it was a one of a kind deal, but the news is that prices are so falling so far that properties are beginning to move. the regent is one of nine bulk sales that have seen vulture funds scoop up hundreds of condos at 50 to 90%. last night we sat in on a seminar for first time home buyers and it sounded like what we he were -- what we heard during the boom. >> if you don't own a home, you need to buy one. >> we find carlos