IMHO, there are only about a handful of metro ateas in the US that strongly correlate to the global market. Those are NYC, SF, DC, Miami, and maybe coastal LA County. Frenzy in SD may be slowing down. I just saw something that would have fetched a price in the $170-190k range even four months ago sell in the mid $130s. Good condition 1/1, too.
Not rental material (too good condition, so not enough upside) but still a deal I haven’t seen in the last 9-10 months.