[quote=sdcellar]Also, I don’t think every single buyer who got left holding the bag on an overpriced home will end up in distress. Plenty (and I mean plenty) can afford it, they just didn’t fare as well financially as they could have.[/quote]
Yep, and that ties in perfectly with what I was trying to say that maybe people who bought in areas like NCC can afford it and stretch much less than people who bought in Chula Vista. That’s why it fared much better so far. That just my guess. That’s the only logical explanation in my mind.