Allan
I absolutely beleive there is a 2nd leg down coming. I expect my house to decline 15 to 20% from where it is now. That would bring it down to the level I predicted it would hit when I came on this site 3 years ago, reiterated every year since and still believe.
As an aside, I just had an interesting take on Carmel Valley which I dont particularly care for but lots of folks do. Chew on this one. If you lost your multi-million dollar estate in Rancho Santa Fe and had to find a place to live more modestly but wanted to minimize and impact from relocating your family….where do you think you would go? Do you think CV will be on the list of displaced RSF families to keep their kids in the same schools and community?
BTW, Alan dont know if you saw my post but how would you like to line up against Pop Warner teams coached by Rick Mirer, Andre Reed and Duane Bickett?
