OC december #s out

NEW -> Contingent Buyer Assistance Program
Remember how a couple of years ago we had a grip of douchebags saying stuff like "If you can't afford to buy in the OC you need to stop whining and move to the Inland Empire." The median home price in Orange County is now comfortably below the median home price for Riverside throughout most of 2006 and early 2007. How about that?
 
freedomCM said:
my neighborhood is only down ~5%, to ~$900k. of course, sales are off 50%.
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lots of neighboorhoods fit this profile lately - only a dozen so sales in zipcodes with 10K+ homes, lots of listings falling in and out of escrow, etc.

this is the year when the housing reaper comes for those places and slashes 700-900K values down to 500-700K IMO.

San Diego is out now as well - I would speculate that it leads this trend, as it generally has.

Encinitas 92024 17 $640,000 -37.9% ay caramba!
 
no_vaseline said:
NewportCoastRenter said:
'Revenge is a dish best served not at all...'
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FYP, but point taken.
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Thanks, but I'll enjoy my revenge (shadenfreude) cold...

http://en.wikipedia.org/wiki/Revenge

"The first written appearance of the proverb "revenge is a dish best served cold" is often credited to the 18th century novel Les liaisons dangereuses ("La vengeance est un plat qui se mange froid"). The phrase, "Revenge is a dish best served cold", was actually borrowed by the British from the Pashtuns and popularized in the West, directing its original source to Afghanistan.[2] The English version of this phrase in that exact wording can be attributed to The Godfather by Mario Puzo, a major bestseller in 1969. However, the phrase appeared in the 1949 film Kind Hearts and Coronets as "revenge is a dish which people of taste prefer to eat cold".[3] The more well-known wording of this quote is also featured in the title sequence of the Quentin Tarantino film Kill Bill: Vol 1, accredited as an "Old Klingon Proverb", referencing the phrase's usage in Star Trek II: The Wrath of Khan, where it is similarly cited as such. It means that to be successful, revenge should be a considered and planned response enacted when the time is right, rather than a hasty and 'hot-blooded' action which will increase the chances of failure."
 
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