For all the published doom and gloom, Rancho Del Oro in Oceanside, CA continues to be a popular area for buyers due to it's good schools in either the Oceanside or Vista school districts, a convenient location, and an association doing it's job maintaining the grounds to preserve the look of the neighborhoods.

As of 1/27/09, there are only 28 Active listings of detached homes in the MLS and 20 homes are in escrow. I consider a normal inventory of Active listings to be about 40-50. Low inventory, low interest rates, and increasing number of sales should help prices stabilize. However, the banks controlling the short sales and foreclosure listings continue to price lower than prior sales. I don't think they really need to, but until they stop, they are driving the prices lower and hurting themselves and all the non-distressed sellers or existing owners in the process.