Cashman, don’t get frustrated, it really is around the corner. Based on where you want to live and the price point you can almost guess when it will hit. It is not a tornado that just hits a few spots, it is more like a hurricane and as you see it get closer you can guess when it will hit. A year ago there weren’t many examples bt a lot of good guesses around here. Those guesses were right and the outlying areas like Temecula, El Cajon and Chula Vista are showing some serious declines, next stop will be the mid to low range stuff in the city, the 78 corridor and the more speculative or recently built areas. Then the higher end recently built stuff and lastly will be coastal and high end established neighborhoods with good schools. Based on what you want it may be tomorrow, December, middle of 2008 or 2009. If you want an oompa loompa you may have to wait until the end of the tour.
