Professor Karl Case was nice enough to send me a copy of the slide show from Monday’s lecture and I thought you all would find it interesting to peruse (good lunchtime reading!).
I wish I could also supply the quality elaboration on each slide that Professor Case provided during his lecture but possibly an alternative is to re-read his original post from August while paging through the slides.
Here’s the link to the PowerPoint slideshow entitled "The Central Role of Housing Prices in The Current Financial Crisis - How Will The Market Clear?".