[quote=SD Realtor]No worries… No question about the dichotomy of markets out there. It is like that in other places like Fallbrook. Some people don’t get that. Yep yep yep about the higher end getting slammed out there. Same thing in Fallbrook. Same thing in alot of places. I am waiting for it in Poway and it is sputtering along and really pissing me off. Between the lenders letting people live for free and the fact that people just have no problem waiting, and waiting and waiting, it seems that this is a long drawn out process. Especially with the market bump… it is like the damn let a big spoosh down the river of denial.[/quote]
SDR: Yeah, we’re still getting smacked around up here in the upper ranges. I know one seller who has dropped from a high of $1.5MM to $899K (4,000sf custom built on 2.5ac in a nice neighborhood) over a 20 month period. Nothing. Not a single offer. Anything over $800K is essentially dead. The lower ranges are more active, but nothing near the boom years.