We’re “looking”, but not yet buying. Although I will admit that we’re not your typical San Diego buyer. We actually will be able to put up a 25%-35% down payment. No 100%, “stated income” mortgages here. And we’re looking for a place to STAY, not flip and move out of in 6 months. All above-board and fiscally responsible.
The million dollar question, of course, is when do prices stop declining? We’re in absolutely no rush. We simply want a larger place in which to raise some rugrats. (and we want to be in the Carmel Valley area.)