Just a question.
I am usually looking in san diego, so I have little real interest in other areas. However, a friend recently traded up froma house in redondo that he had for more than 10 years to a house in MB a few blocks away.
I was quite shocked at the value explosion in the MB area since 2000, a place that was 495k was selling for 1.7M. Anyone have any idea what the decline might turn out to be for these types of areas. even fifty percent would put teh 10 year return at more than 100%!! WTF!
How much of MB was turned over in the last 7 years?