I have a friend who sold a house in Mt. Helix earlier this year – divorce sale, took awhile to get escrow done. She wants to buy again and is considering a 2/2 house in La Mesa which has a wishing price of $600K.

She thinks she might get the owner down to $550K – and she is convinced that the market is as low as it will go, and will go up again RIGHT AFTER SHE CLOSES.

I have a hard time with people like her. I want to be a friend, but she doesn’t want to hear it. I know someone else who closed last month… I heard this after I made comments about the market heading increasingly south.