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Home › Forums › Housing › Temperature Check for 2008 – Now how low do you think it will go? › I agree Stan, I think most

February 24, 2008 at 9:34 AM #159259
Nor-LA-SD-guy
Participant

I agree Stan,

I think most of the problems were caused by speculators in the 2004 to 2005 time frame in the Temecula Valley.

People who live here are not abandoning their homes in large number IMO.

Personally I think we are within 10% of a bottom in the Temecula area.

I think I heard somewhere that I.E. affordability is at 45~% I believe thats high for SoCal at anytime.