Wow, I survived the night without being called a troll or a real estate agent (no offense to you, SDR). 🙂 Not that I would mind being called one. After all, this site is titled “Southern California Housing Bubble News and Analysis”. What else can you expect?
By the way, I appreciate all the comments so far. I guess I’ve finally found the right crowd to hang with.
DWCAP, I’m not sure we disagree much on CV. I did say that I believe CV prices will experience a relatively small decline towards the end of the cycle. If I have to guess, I would say it will be about 20% on average, not insignificant for million dollar homes.
raptorduck, your description on your home buying process is the best advise for a couple that I’ve ever read. It is no easy feat to strike that kind of balance though.
