Looks like your #1 is surely happening. I wonder what percentage of Piggs have bought already. From the posts, it looks pretty high.
Still, too much of #s 10, 9, 6, and (not) 5 going on to believe it’s really a bottom, but that’s just me.[/quote]
I should add that prices for the best deals (in decent areas) are still double or more the prices in 1996. Even after adjusting for inflation, that’s still a lot of proven room for more downward movement.[/quote]
Well there is more yet to comedown these prices – if you see those houses still trying to hold at Carmel Valley (but sure no buyers at all) and other areas in Delsur, 4S Ranch etc should accept the real price what they have started in 2002 when the construction started. Here is the trick and patient what you or everyone needed. Honestly it is simply “we” are making these prices jump or escalate. Just stand where you can afford and stay away from buying of all those cheap tricks or rich attractions a while. When many may not afford where those prices should go – it has to come to your level. Just a trick with patience you need to observe, also there is nothing hype in Housing anymore- no more gurantee you can getback that money in the future – so think a bit and invest wisely after all onetime a bigy buy this housing is which can keep us total failure forever if we do mistake.