sdrealtor– Frankly, I took your bellwether remark in the initial post to be more relevant to declines rather than some kind of uptick in the market. In other words, I thought you mostly meant that if we see CV go to heck, then that will confirm that the market in San Diego is generally getting worse.
I don’t find this inconsistent with the concept that it’s the less desirable areas are the true (or at least initial) indicator of a shift in the market.
There’s been a lot of discussion in various threads lately (and over time of course) regarding superior properties/areas and how they’ll be affected .
I like the idea of watching CV to get an idea when Del Mar, La Jolla and the like are (relatively) next in line (for the defecate to hit the oscillator).