sdr, my feelings are hurt, hurt that you accuse me of data mining/selective data sharing.
Sure, I picked the top and bottom to illustrate my point. But, there is no doubt that there’s a nice drop in median prices for resale homes in La Jolla from $600-800K in mid ’91 to $400-500K over mid ’93 through mid ’96.
I feel comfortable that the pain of significantly falling prices will return to my neck of the woods. And, that it will be worse this time around, due to the weak (recession, moving to depression) national economics.
