HWG,
Most of the NOT’s are in the lower end areas. The few in the really desirable areas get pickup up rather quick. Now when the option ARMS start hitting, all bets are off. Maybe your hypothesis will turn out correct, which could be an even better thing for SD as large numbers of well taken care of entry level houses open up with reasonable prices. That is what SD needs more than anything to get a health market again. Unfornatually the FED and the US congress are trying to rig the rules. Hopefully if this crap gets too bad the 50% of America that doesnt support it will get out those pitchforks someone else on here talked about.
