Good stuff sdrebear and I bet you are glad you are renting!
It’s clear to me that buyers don’t care about minor price reducations of 10, 20, even 30k right now and are only buying when sellers make huge discounts. Walk into the models at San Elijo and you will see that the new homebuilders have picked up on this and they are offering 100k+ discounts and financing just to unload properties. Will be interesting to see what happens here since many people need to sell!
