1. Do you see a bottom of $100 sqft hitting late next year?
Next Year? In Murrieta we’re there now. Check out these 2 listings they are in Wildomar just outside the city limits of Murrieta http://www.redfin.com/stingray/do/printable-listing?listing-id=1290333 http://www.redfin.com/stingray/do/printable-listing?listing-id=1288205
2. When was the last time we saw $100 sqft (1997?)?
I bought a 2600 sq ft home in Murrieta from the builder in late 2001 for right at $100 psf
3. Any news on when the new round of price cuts with any builders?
Just got an email from KB Homes, they reduced the price of their Shady Grove homes in Fallbrook by 50K