I’ve been following the SD market for many years but never posted here. I have friends and family there who confirm the market has slowed dramatically and started declining in certain areas. So I have to ask, with so much anecdotal evidence that prices in SD have been flat or even declined 10% in much of San Diego since 2004, how is it that the technician’s house in question managed a 60% gain?? I’m finding this very hard to believe. Maybe said technician was delusional in believing his house was ever worth $1.1M like so many of today’s sellers?
