[sdrealtor]

I think 2009 will be a repeat of 2008 in some areas but not in others. I think countywide stats are worthless because we are a series of submarkets moving at different paces. I think downtown luxury condos will get hit much more than 10%. I think in our area (NCC) an approx 10% decline sounds about right.

[sdrealtor]

Kev
Most of the decline they predicted has already happened as they are basing it on the median for all of 2008 and we are already down well over 20% from that figure. Oh yeah, they are always wrong and late in their predictions so we are being contrarians.

sdr

[sdrealtor]

Kev
Most of the decline they predicted has already happened as they are basing it on the median for all of 2008 and we are already down well over 20% from that figure. Oh yeah, they are always wrong and late in their predictions so we are being contrarians.

sdr

[sdrealtor]

Kev
Most of the decline they predicted has already happened as they are basing it on the median for all of 2008 and we are already down well over 20% from that figure. Oh yeah, they are always wrong and late in their predictions so we are being contrarians.

sdr

[sdrealtor]

Kev
Most of the decline they predicted has already happened as they are basing it on the median for all of 2008 and we are already down well over 20% from that figure. Oh yeah, they are always wrong and late in their predictions so we are being contrarians.

sdr

[sdrealtor]

Kev
Most of the decline they predicted has already happened as they are basing it on the median for all of 2008 and we are already down well over 20% from that figure. Oh yeah, they are always wrong and late in their predictions so we are being contrarians.

sdr

[sdrealtor]

To get to the other side?

[sdrealtor]

To get to the other side?

[sdrealtor]

To get to the other side?

[sdrealtor]

To get to the other side?

[sdrealtor]

To get to the other side?

[sdrealtor]

I am bullish on places like Oceanside, Vista, Mira Mesa, Escondido where prices have rapidly recalibrated and purchases today should look like they were sound decisions in 3 to 5 years. At the opposite end of the scale I am very bearish downtown where sellers and buyers are so far apart it is laughable.

In my area, I am neutral if you can find a good deal on a fabulous property that meets your needs and you can well afford I say go for it. It is getting harder and harder to find a good one. Neighborhoods that had 100 sales per year between 2001 and 2007 have had 40 last year and will likely fall below 20 next year. In general, I think it will take 5 to 7 years for purchases in my market to look sound.

[sdrealtor]

I am bullish on places like Oceanside, Vista, Mira Mesa, Escondido where prices have rapidly recalibrated and purchases today should look like they were sound decisions in 3 to 5 years. At the opposite end of the scale I am very bearish downtown where sellers and buyers are so far apart it is laughable.

In my area, I am neutral if you can find a good deal on a fabulous property that meets your needs and you can well afford I say go for it. It is getting harder and harder to find a good one. Neighborhoods that had 100 sales per year between 2001 and 2007 have had 40 last year and will likely fall below 20 next year. In general, I think it will take 5 to 7 years for purchases in my market to look sound.

[sdrealtor]

I am bullish on places like Oceanside, Vista, Mira Mesa, Escondido where prices have rapidly recalibrated and purchases today should look like they were sound decisions in 3 to 5 years. At the opposite end of the scale I am very bearish downtown where sellers and buyers are so far apart it is laughable.

In my area, I am neutral if you can find a good deal on a fabulous property that meets your needs and you can well afford I say go for it. It is getting harder and harder to find a good one. Neighborhoods that had 100 sales per year between 2001 and 2007 have had 40 last year and will likely fall below 20 next year. In general, I think it will take 5 to 7 years for purchases in my market to look sound.

[sdrealtor]

I am bullish on places like Oceanside, Vista, Mira Mesa, Escondido where prices have rapidly recalibrated and purchases today should look like they were sound decisions in 3 to 5 years. At the opposite end of the scale I am very bearish downtown where sellers and buyers are so far apart it is laughable.

In my area, I am neutral if you can find a good deal on a fabulous property that meets your needs and you can well afford I say go for it. It is getting harder and harder to find a good one. Neighborhoods that had 100 sales per year between 2001 and 2007 have had 40 last year and will likely fall below 20 next year. In general, I think it will take 5 to 7 years for purchases in my market to look sound.

[Author]

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