I’m pretty sure the average foreclosure “victim” who is watching their home resell for $100,000k less than what they paid 2 years ago has a different viewpoint about SD prices than a lot of Piggington regulars.
These prices just about can’t drop 20% in a single year – there aren’t enough transactions closing to establish the benchmarks necessary to create that kind of expectation among the buyers. A 10-12% drop in a single year would be huge when you consider that our sales volumes are dwindling.
