85007, the zip referred to in the article is a historic area with 60 to 100 year old homes.
I am not trying to compare Phoenix to San Diego, I am trying to illustrate how you can’t fight the cycle that has occurred throughout time. Prime is the first to rise, last to fall.
My one and only point, the historic rythm of realestate is alive and well in Phoenix. This is meant only as a cautionary post for those who think that for San Diego “it is different this time”.
Other than the present cycle, (which by a long shot is not over) every cycle has always completed the rythm.
Perhpas “it is different this time” time will tell.