People Keep talking about comp killers etc… but once you get to a certain point (I think we are there in Temecula Valley), No one is going to sell voluntarily ( ie.. you got to have a gun pointed at their head to get them to sell at these prices).
So basically what you have is foreclosures and a few builders trying to close out their tracts without losing too much money.
Someday these will get sold out. Then the place will start to get back to normal.
