I’m kinda happy to see all the buying activity. IMO this means when the real deals come on the market, many other bidders will have already wasted their money on the poopy old houses (think Mira Mesa, Clairemont) that they’re getting such great “deals” on now. I certainly hope it pans out this way. As many have discussed, the high-end market is stickier on the way down so hopefully there will be few buyers left when those hit the market. Anyhoo, sitting tight in my condo, waiting for some blood on the streets.
