[quote=schizo2buyORnot]The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]
The ONLY thing that would stop prices from dropping is if we were to go back to loose lending standards, and that isn’t going to happen, so keep dreaming. The prices you’re seeing now are still artificially high, the downward pressure is enormous, and absolutely nothing (not low rates, not government bailouts) will stop them from going back to where they should be.
So why am I feeding the troll? I’ll just bump this thread in August.
