Aren't these some of those "bubble" areas you keep talking about?
If L.A. stays strong it trickles down to S.D. and Vegas.
If NYC stays strong then so does Miami.
You guys can be as bearish as you want but I challenge you to find me even one prime area in any market in the country where prices are falling precipitously.
In SoFla yea, prices are down 20%. Big deal. They quadrupled over the previous 13 years.
