Was just out showing properties in Encinitas/South Carlsbad. Don’t know about the prices but there are some really nice homes coming on the market htese days. Probably the nicest homes/locations I’ve seen in at least 3 years. I wouldnt expect a massive drop in the next 6 months. Five percent could happen but 10% seems very unlikely as there isnt massive inventory. As nice as the homes are that I saw today (about 8), I’d be very surprised if at least 4 of them dont sell within 30 days. The problem isnt getting a big house at a great price, its finding one you actually really like at a good deal or otherwise.
