[quote=AN][quote=CA renter]
AN,

As to your first two paragraphs, the answer to #2 is “yes, that’s what I’m saying,” which explains the divergence from those who have witnessed the large declines mentioned in your first paragraph. 🙂 [/quote]
CAR, what do you think about these property? They’re in Encinitas, sold for more than 700k in 2005 and they’re around 500k now.

http://www.sdlookup.com/MLS-100011183-211_Seeman_Dr_Encinitas_CA_92024
http://www.sdlookup.com/MLS-090041117-1115_Monterey_Vista_Dr_Encinitas_CA_92024
http://www.sdlookup.com/MLS-090068598-351_Village_Run_Encinitas_CA_92024
http://www.sdlookup.com/MLS-100009572-1132_Aloha_Dr_Encinitas_CA_92024%5B/quote%5D

Here’s my take . Seeman street is a funky street but in a good way. Monterey Vista and Aloha are funky streets but not necessarily in such a good way as Seeman. How Village Run ever sold for 745K without alot of blatant fraud is beyond me. Comps never supported that.