Thanks for the replies folks. Based on them, it looks like

1. Most of the folks are reasonably optimistic about the housing market for the next couple of years at least.

2. The decision has very little to do with cash flow from rent, but a lot to do with housing price trends due. This of course is unpredictable and hence makes this a tough decision.

Do you agree?

What also concerns me as far as our home is the increase in inventory in the Carmel Valley/Del Sur areas? Or would those be targeting different buyers at different price points? Thoughts…