Here’s hoping for Q4 earnings to disappoint in mid-January and the bickering over the budget to flare up again. Those two things might be the catalysts needed to get the Big Tumble(tm) started.
This being said, momentum in the market has slowed down a LOT since this summer/spring. I’m not even sure if closing prices are a good indicator, since deals take a while to close.
If you look at asking prices, they’re steady or falling a bit at this point. Maybe not in CV, but in SD Co as a whole.
PS – why the f would you be happy as an existing owner, unless you’re planning to ATM the place and invest in rentals elsewhere? An $100,000 rise in house value and a grapefruit still gets you your house and a grapefruit.
