desmond, good move! What was your thought process in selling? Last October, when you closed… that means you listed in September? At that time, the median was all over the “real estate only goes up” stories. Selling to cash out was relatively rare. I did the same thing, listing in October 05. I also was nervous during escrow, because I thought my buyers would figure out we are in a housing bubble that was just starting to leak air.
So, where did you get your information to decide it was a bubble, and that the peak was here?