It goes without saying that the housing market is heavily manipulated, and I tend to agree with shoveler – I think an event horizon is definitely approaching.
Some type of Lehman~ish shock event.
The economy – which has been on life support anyway – is now contracting.
I’m not surprised there are a lot of San Diego housing bulls here – I think some may be suffering from a normalcy bias.
At any rate, San Diego generally is not that good of a value IMO – and I think this has been and will continue to be good for Temecula.
I just wish I could figure out how to acquire more Temecula properties – which is not in contrary to my original statement. It’s all about timing.