Ok, Ok, Ok… I have too much A.D.D. to get into some of these arguments, but they are both interesting and complex! But as this was supposed to be about housing up or down – my wife wants to put her two cents in…
We bought a house in Coronado in Feb 2010. She said that each month prices are trending down there, as well as very overpriced houses getting more reasonable. It seems that the inventory of houses between 1M and 1.5M don’t stay on the market very long (if they are decent), but the higher priced houses seem to be coming down in price – whether they sell or not remains to be seen.
Now that I own two houses, anyone want to buy a nice big home in Madison, WI????!!!! (Please)