It’s not my fault, oc posted the comps, how was I supposed to know they weren’t in that tract? While we are on the topic, 2000 pricing is a little optimistic, what would 2003 pricing be? or 2001? I have an itchy trigger finger, i say anything sub 2003 is good, the closer to 2001 the better but sub 03 is where I think it lands. Regardless of how nice it is, it was nice then too, if some areas never get below or to 2003 pricing during cycles but enjoy the same upward percentage, over time they get too far out of whack. If home x is worth double home y in 1985 and 1995 and 2003, it will end up worth double in 2010, not triple and not the same, the market ripples will put it at it’s percentage higher eventually.
