[quote]You would think that you would see a lot more for sale signs up in the high end area’s of SD than I have been able to see if this was going to hit SD hard.
But maybe these guys are just going to ride this to the end, or they are praying for a loan work out (or at least praying anyway).
I guess the last part of this year is going to be interesting to watch.
It’s been fun here in Temecula this last year, looks like you guy’s in SD may be able to join the fun now .
There is nothing like seeing brown lawns and abandon homes to cheer you up in the morning.
needless to say yard maintenance is not a priority when you are in the foreclosure process.
[/quote]
Perhaps unemployment hasn’t hit (yet) and people can sort of squeak by for now?
Can someone who was here in 1993 summarize what the local job market was like then? Perhaps that would be an interesting comparison. I wasn’t here and didn’t know the details, though I read and heard a lot of about high(er) unemployment here during that time.