San Diego Housing Market News and Analysis

I'd appreciate some help on this from any, all realtors on here, or anyone who knows the San Diego area. I've got to make a decision soon.

Thanks!

Find a rental in the area and see if it fits your needs. You have kids, you need to checkout schools, sports/after school opertunities, your commute, etc etc. You dont have to buy immediatly, for any reason. Find where you want to be, then buy. There is no excuse to buy right now, cause the market is going nowhere but down from here (best case is things hold steady for the next year).

Condo-$1600
http://sandiego.craigslist.org/csd/apa/9...

House-$1350
http://sandiego.craigslist.org/csd/apa/9...

Condo-$1295
http://sandiego.craigslist.org/csd/apa/9...

The area around SDSU has a VERY high crime rate. The area you are talking about borders on what I would call "the hood". Personally, I wouldn't even rent anything in that part of town, let alone buy anything...but that's just me.

If you haven't bought at Parc@54, you should have. The prices have already risen $6K, and they haven't all been built as of today. This complex is a spark of getting the neighborhood better. There are apts next door that will be converting into condos, and the Sears Essential store will be gone with either a new strip mall or more upscale housing developments. This neighborhood is turning around like so many here in San Diego. There is a satellite police station nearby as well. So, if you haven't bought because of some words of fear - You lost out!

Wow $6000....WhooooHoooo...........Appreciation...
WhoooHoooo..

Never mind the cost to buy and resell is anywhere from 4-6% for RE commissions. This place has appreciated $6000... Whohooo!!!!!!!

Flu,
Maybe sdbkhomes/luvsan will give you a break on their commission if you ask nicely. That would take the sting out of missing that $6000 appreciation.

Well - if they're putting in a new strip mall nearby, I'm all in. (snark)

$6K in appreciation and I can walk down to El Cajon when I need a prostitute - shit, sign me up!!!

I would have to say that they got balls. They did tell me that prices were rising. At the time it made me laugh. I'm not laughing anymore. I'm more in shock. This has got to be one of the dumbest moves ever. This new price change must have just happened in the last couple weeks. Why would you raise the prices when rates are rising and the selling season is ending. This is not going to scare anyone into making a move. It's just going to price people out. The reason why anyone would buy there in the first place is the affordable price for a brand new home. Affordable price, low inventory, low rates, first time buyer rebate, new home tax rebate are the reasons that any units are selling. Take away any of those and sales will drop, take away two of these and you are asking for trouble. Don't forget to change the sign from High 100's to Low 200's.

They only have 14 units left!

That is in only 3 months! You're just being a smart ass!

Remember when prostitution was in Pt. Loma? Then in North Park. THis area will get cleaned up.

Don't you mean "I only have 14 units left!"?

I think he/she meant "I only have 14 units left!, for this phase.... I still have phases 4,5,6,7,8 to sell too"

luvsan lets take a step back for a moment. Let me ask you a few questions:

How long have you lived in San Diego?

Do your kids live with you or not?

If so will they be going to school while living with you?

What is more important, owning a home, or having a location that is more conducive for your kids?

Also, if you are recently divorced what is the rush to buy a home?

Now some answers... First off, anyone that is relocating should really consider holding off before buying a home. Unless they have previously lived in the area, I just do not recommend buying first and then getting to know the area second. That is like getting married on the second date. Second, I have a rental home not terribly far from there. From a pricing perspective yes the prices are not bad. However this is not where I would be thrilled to live. That is only me personally. It is not the greatest part of town. It is not a sh-t hole but given that there are so many great places to live in San Diego, I just think that if you are going to live here, there are much better places to investigate.

My recommendation would be that you should rent a place that you can afford while you get the feel for the city. Lots of different areas that you may like, even if it is to rent. Of course affordability is an entirely different question but I would tighten the reins a bit and check out other areas of interest.

SDR, I think the OP posted this back in November 2008. I think this thread was resurrected by someone(s) else trying to sell this particular establishment.

This has nothing to do with the discussion but I would like to offer a tip about screen name creation and the IQ of the averge piggy.

sdkbhomes, that is so obvious I can't decide if it's too obvious and it's made up. kb homes is the builder or this project in San Diego, let me break out my decoder ring.

You aren't allowed to create a screen name indicating you represent a particular homebuilder then refer to them in the third person.

I was almost suspicious that the OP was also the builder and this was well written spam but the OP has been a member for 30 weeks, this is their first post, it's rare to create a thread as one's first venture on the boards but 30 weeks is too well planned.

deleted

Damnit TG. I was commenting on your thread before you deleted it.

deleted.

my bad flu, I see that luvsan fired and forgot, so it was likely double bladed spam, sdkb and luvsan is one in the same, have fun with it

I actually bought one. I am NOT KB Homes.

No, I don't. You should be educated before you speak. Go and check them out yourself. Don't be ignorant and then say something that you are not educated about!

Nor am I luvsan. I just made up that screen name and I could have made up any other of the sort.

FLU I never even looked at the op date!

Shows you where I am at man...heheheh...

I will be up in your neck of the woods Sunday.

Congrats on the $6k appreciation:)

Really, for a showing or to take a clientele around?

Forgive me for stating the obvious, but your handle is SDKBHOMES.

However, you're NOT KB Homes? Sure, that makes perfect sense. You sound like someone shilling KB Homes' product, you just bought a KB Homes product and "KB Homes" is prominently displayed in your handle... But you're not KB Homes.

Well, as the old expression goes: "If it walks like a duck, looks like a duck and quacks like a duck: It's a duck!".

Quack, quack.

Showing.

Allan there was a brief time when the bolts had kelcher, big hands johnson and fred dean on the d line... nice...

too bad they had a secondary with guys like elvis patterson and vincie glenn...

SDR: Yeah, that was definitely a suspect secondary. We had Raiders seasons tickets back then, and the Raiders - Chargers game in Oakland was my favorite. Stabler versus Fouts and whichever team had the ball last, won.

I remember watching that 1981 Chargers - Dolphins AFC Divisional game with my dad and I was sure that the Chargers would be in the Superbowl that year. Dan Fouts is arguably one of the best QBs to never go to the Superbowl. Of course, I have a soft spot in my heart for old Dan, him being a former 49ers ball boy and St. Ignatius HS (San Francisco) alumnus. His dad, Bob Fouts, was the voice of the 49ers for years.