lbc,
I’m in! Here’s how I think it will play out. Sales volume will be more or less equal to lst year but the decline will be much slower this year. From an SDR perspective, many johnnycomelately’s will be working away at their new careers in the service sector and there will be better years for folks like myself and sd r. I just think we are in for a slow stagnant market regarding price declines. The steep drop in prices last year was easy because it all came so unexpectantly and quickly two years ago. Now we are back to prices that have much more fundamental support as I see it.
BTW, 6 houses sold at prices well over $1M today in Encinitas/South Carlsbad. That is more than I have EVER seen before.
