[quote=leucadiarenter]
AK – Curious what areas/homes you are talking about, you have any examples? Thanks…[/quote]
The low end in Oceanside, Vista, and Escondido has been massacred to the point that the buy/rent equation balances out. Many Piggs aren’t looking in these areas, but plenty of other buyers are … sales stats are way up and I’m hearing reliable first-hand reports of bidding wars and shoulder-to-shoulder crowds at open houses.
Chula Vista has taken a big plunge too, but I guess buyers are taking a long, hard look at the tax rates, M-R, and association fees in the newer developments.
I think the chart posted at bubbleinfo.com says it all:
