Oz, if this was your plan, the time to sell would have been in mid-2006 and you would have been sitting on the sidelines for however long it took for your target market to settle.
Remember what I said about the different markets moving at different paces. When it comes to the big pricing declines, most of the price segments in Carlsbad/Encinitas/Solana Bch will be among the last “joiners”, along with CV and Scripps. That means you’ll have have even more patience in those areas than in others.
It’ll be the least desirable areas and property types that will reach that re-entry point soonest. From there, everyone else will just have to wait.
