Housing price graphs

I like this graphic, it shows pretty clearly how the housing situation is in America today. I cannot help but notice how much has to happen before the area under the curve equals the area above it. This is a likely conclusion since incomes haven't increased much, and households have become smaller. If it happens though we are a long ways from done with the housing price drops. Looking at the inflation adjusted numbers I would say the crash is about 1/3rd to 1/2 over. That may be thrown off a fair amount by how poor the current inflation numbers are though...