Flyer, it was a builder and it was in Temecula. While the R/E market is more fragile here the financing rules are more universal, on another board they are posting some internal memmos about tightening standards that are inline with what I am seeing and hearing. The “have a pulse and you qualify” days seem to be ending and that is goig to hurt sellers. Now you have to not only find someone who wants your house, you have to find someone that can afford it.
