sdrealtor said:
“How many of you out there would be happy buying a home at 20% off current prices at the bottom of the market? ”
sdrealtor – I don’t care how much it has fallen off. If it is truly the bottom of the market, I’d like to buy because I look to the future when making investments, not the past.
sdrealtor said:
“If we asssume prices are already down 10% off the peak”
I’d just like to point out I think my Clairemont neighborhood has been pretty flat for the last year. I did looked at Zillow and ran some comps on the house I sold last year and it hasn’t really budged more than a couple percent.
I hear alot of the North County folk talk about 10% decreases so far, which I can’t dispute, but it is interesting that I don’t see that in my neighborhood – yet.