I’m still thinking about 30% off peak in my submarket which is the only area I feel truly qualified to comment on. For those wondering, that puts a 4BR/3BA 2600 sq ft home built in 1999 or later in the La Costa/Encinitas area in the mid to low 600’s at the bottom. If it goes lower I will admit defeat.
Russ, Hats off to you for calling the Big Chunk which has certainly hit the outlying areas which I dont follow so closely. I look at places like Esconodido and Chulajuana and see 20% plus declines since August. Right on Bro!!
