Thanks for this post. I value your “in the field” numbers but I also value the Case-Schiller index, which only show us down 3% or so. Those are county-wide numbers, though. Why so different? Was North County’s boom a bit more aggressive than the rest of the county?
It is certainly important to distinguish between “early 2004” and “late 2004” prices, thats for sure. The peak was maybe 8 or 10 percent up from late 2004, and up over 30% from early 2004.
