sdr, appreciate your first hand info. Can you give us some sense about how many people with 20% down have already bought in the past few months…and how many people are still looking? I think there’s definitely pent-up demand (for lots of people waiting years in SD for a reasonable house price), but I don’t know how quick it will dry up (assume that economy does not deteriorate as well as price doesn’t get lower to draw new buyers in). Thanks!
