Westside of LA down 15- 40% from last June

[latesummer2008]

Latesummer2008 for S.D. County is more correct. And yes, prices are sticky in the coastal and higher end areas but will also come down. It all has to do with financing instruments. Alt-A, ARMs etc… Look for significant price drops in affluent areas STARTING in Late Summer 08′. be patient, they ARE coming. Plenty of buying opportunities in the future (2008 – 2012) depending on your location.

http://westsideremeltdown.blogspot.com

[mixxalot]

Santa Monica and Malibu

Are beautiful places and would love to be able to afford a small home with ocean view there. More nightlife than San Diego and better for a single guy than here in “Man-Diego” where ratio is 2:1 men to women. LA has more single women than men so I like to live in city with great nightlife and beach town. Miami looks good as well except for those darn hurricanes.

[mixxalot]

Santa Monica and Malibu

Are beautiful places and would love to be able to afford a small home with ocean view there. More nightlife than San Diego and better for a single guy than here in “Man-Diego” where ratio is 2:1 men to women. LA has more single women than men so I like to live in city with great nightlife and beach town. Miami looks good as well except for those darn hurricanes.

[mixxalot]

Santa Monica and Malibu

Are beautiful places and would love to be able to afford a small home with ocean view there. More nightlife than San Diego and better for a single guy than here in “Man-Diego” where ratio is 2:1 men to women. LA has more single women than men so I like to live in city with great nightlife and beach town. Miami looks good as well except for those darn hurricanes.

[mixxalot]

Santa Monica and Malibu

Are beautiful places and would love to be able to afford a small home with ocean view there. More nightlife than San Diego and better for a single guy than here in “Man-Diego” where ratio is 2:1 men to women. LA has more single women than men so I like to live in city with great nightlife and beach town. Miami looks good as well except for those darn hurricanes.

[mixxalot]

Santa Monica and Malibu

Are beautiful places and would love to be able to afford a small home with ocean view there. More nightlife than San Diego and better for a single guy than here in “Man-Diego” where ratio is 2:1 men to women. LA has more single women than men so I like to live in city with great nightlife and beach town. Miami looks good as well except for those darn hurricanes.

[peterb]

Timing is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.

[peterb]

Timing is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.

[peterb]

Timing is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.

[peterb]

Timing is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.

[peterb]

Timing is always the hardest thing to predict. Bruce Norris was calling for this down cycle in 2004. I went to a seminar he gave in 2005 called “The California Crash”. He outlined everything that’s happened so far and added that if oil went up as well as unemployment, then all bets were off as to how bad it could really get!! His worst case scenario is playing out at this time. Thanks to him, I sold all my real estate within the next 1.5 years after that seminar. His analysis was spot on, but he admitted that timing is the hardest thing to get exactly right due to so many unknown little factors. But the overall trend was unmistakeable.

[Author]

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