lendingbubbleco,
I’m as bearish as the next and have been since I saw what happened in Spring 2004. I just want to make sure the facts are not misrepresented. Your Insight as shown by the headline of this thread is a 25% decline in Bressi Ranch whhich is clearly hyperbole. If you already live here and are invested in the area the house you buy will likely fare about the same probably better (if you buy new) than what you currently have. If you living situation changes (need more or less room, different job location, promotion etc.) why not move? Now if you are coming to the area with new money to invest in a home, that’s a little different.
FYI…models are very overdone and frequently have $100 to 200K in additional upgrades. I’d never buy one but know clients that have lots of money and don’t care. All they want is a designer perfect move-in ready house. Different strokes for……
