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.
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.
