True dat. I watch the zips near me (upstate NY) as closely as I do those in San Diego. In the nearest city and surrounding zips, there is only one with any bubble-looking inventory. Lo and behold, it is the same town where two guys were convicted of mortgage fraud last month.
I think some areas didnt jump into the gambling-on-real-estate activity. These non-carbonated areas may still fall somewhat, but there is no great fear for the residents. I can see them answering the polls as the majority did. really, prices are so low here, how much further could they fall?
