The only neighborhood I check out from time to time now that I haved moved away, is pt loma. It is crashing if you ask me…I have seen more than a few single family residences going for at or below 400…that was unthinkable last year. So maybe the case shiller isn’t showing it because of the distressed exclusion. It is getting way cheaper, dare I say 100k cheaper in PL for the bottom rung homes since 09.
