I don’t know about the general trend but for me personally, my attitude changed over the past few weeks in terms of house search.
As I realize any decent attached property will have to be around $300/sqft range, and climbing fast, I’m beginning to think that soon we’ll reach the peak days again.
That $8K, $10K gov’t incentive did a lot for buyers in low price market to do overbid at least $8K, $10K. I’ll wait to see how the market changes after the program and if it stays up, I’ll just have to rent a couple of more years… or find job outside San Diego
