sdrealtor did hit it on for me but also so did sdduuuude.

“Plus, the Piggs are finding deals, possibly even driving comps to the bottom.

So, maybe the market hasn’t bottomed, but the Piggs are shopping under the market.

It is fascinating, though. A hint that someday this will be the “unreasonably bullish” real estate blog when everyone else is scared.”

“Shopping under the market”. I really really like this term. As for the more prime areas, hell no we are not done yet. These people have the most bullish sentiment and most cash (debt) to bleed till all hope is gone. We are an easy year off in the better areas.

Edit: Don’t foreget where some of the pigs are buying. You really should discount pigs buying in IE as you cannot compare to SD unless you compare it to Chula Vista I guess or below the 8.