Temeculaguy is right. We could probably go on forever with this. I am already thinking of some bank repo condos I have seen at half price. We could exclude bank repos, riverside county, and any places where the stench of mortgage fraud still lingers. (all three rules resulting in the exclusion of Temecula listings)

But then we would be missing half the fun!

This thread can be a great way to gauge just how bad things are getting out there. After seeing some houses get marked way down then sell all summer, now I am seeing some houses get way marked down, then still NOT selling (see highwood st house above). How low do they need to go to sell a house in this market??? This thread might help us find out.