[quote=Pbranding][quote=The-Shoveler]I have never seen the media so intent on causing a housing market decline, every other article seems to be predicting housing crash LOL.
IMO people waiting for a housing crash like 2008-11 will probably be disappointed.[/quote]
Not 2008-11 but definitely going down and fast. I’m seeing frequent price drops in poway/scripps ranch/4s/Del Sur. Even SDR indicated a 10% give in the areas he follows closely. More rate hikes to come too.[/quote]
I would expect the poway/4s/sr to also have given back that 10%. I’d have to check to verify. It’s also important to remember that the last Bump came on the heels a very low volume so even with that give back there are very few people are in anything close to the negative position