Steve Beebo,
Your data could be mined. Or is it real? You would have to do analysis on each property to make sure no major remodels or other factors intervened. This is why I tend to agree with sdrealtor who drills down a little more in his analysis. Why do you think that the downturn could last 1-2 years instead of 5-10 years as suggested by historical trends? I have not lived in So Cal in years and some of the antics on this board make me glad I DON’T live in So Cal. It was a land of opportunity 50 years ago but I’m not so sure now.
