I have been wondering when the “spring selling season” starts. Would we normally be seeing new stuff coming on now? I am looking at SFRs in La Jolla and there is not much new inventory at all. Most of the “new” listings are the same old retreads that have been on the market forever at 30-50% OVER peak pricing.

Waiting for the high end correction ($2Millon plus homes) is like watching paint dry. Urbanrealtor implied in another thread that La Jolla won’t drop much. Why not?