SD realtor,
First, you’re crazy for biking in this heat…sounds like something my hubby would do too!
I’m watching Poway closely and I’m amazed at how sticky the prices have been throughout the summer. Also amazingly it seems to me that the properties over in Green Valley have actually been selling at a quicker rate than other areas. These are homes that are mostly priced 850K to over 1 mil. Can you imagine with the credit crunch how much people would have to have in Cash down on one of these properties to get a reasonable loan…or should I say even to get a loan?
I don’t quite get how these prices aren’t coming down dramatically right now…but am being patient.