[quote=eclipxe]Just to echo what TG has said – I’ve been in the Temecula/Murrieta market for about 8 months now and I’m finally closing escrow next week. Based on all of the doom and gloom on the bubble blogs, I placed low ball offers on over 20 places in hopes of picking up a deal. Outbid. Every. Single. Time.[/quote]
Personally, I think that’s great news. Even if it means I can never afford to buy a house or condo here in California. I prefer renting to a full on economic collapse.
Hopefully more people will pick up on the fact that foreclosures are *good* and the faster they happen the quicker the housing market will turn around.