She makes a point. Rich is a big boy he can take it into consideration or not( he probably already has). With these big Temecula and Eastlake/Otay Ranch houses falling hard it could contribute to the effect she is talking about. Conversely, sales of relatively small houses with better locations or improved ammenities could be holding the price per square foot up.Causation and correlation are tough to pin down. Maybe she can do it perfectly, deliver it sweetly, and then we will all know. That said Rich’s stuff and this blog are awesome.
I personally don’t see a need to get incredibly anal about this particular issue. Comps and same house sales cover this question well enough IMHO.