[quote=Scarlett]Has the higher-end housing bottomed out yet then?
I thought that the higher-end housing still has a way to go down – in any case, to bottom out later than the cheaper houses. No?[/quote]
I think that there’s a bit of a disconnect at the high end. If you take one of those condos and pick a SFR in La Jolla that sold for the same price as the condo before the bubble (say, 500k in 2000) … today, the condo may be listed for 650-700k and the house may be listed for 850k.
