You guys need to stop threadskimming and go back to read the whole thing. The post of mine that was quoted was a follow-up to this one by OCR

Submitted by ocrenter on August 20, 2006 – 11:14pm.

“Those looking for a dramtaic crash to 500K have been sadly disappointed.” sdrealtor, 6/06.

San Marcos currently has a 1 year supply of homes for sale, now we got 4 foreclosures in one single community. I’m now looking at these properties going down into low $400,000’s mid to late next year.

So he was calling for low 400’s in late 2007 which proved wrong.

You also missed my follow up post:

Submitted by sdrealtor on August 21, 2006 – 9:48am.

OCR,
I stand by my comments on 6/6 but dont disagree that we could get into the mid 400’s by the end of next year.

I called for mid 400’s by late 2007 which proved correct.

It has since taken another year to get to the low 400’s.