[quote=Escoguy][quote=sdrealtor]Agree with both and I’d add that I would try to do it asap. With the pent up demand we are likely to see prices increasing this Spring. I know a few spots that fit your general criteria that are ripe to appreciate 10%. The benefit of buying early this year is assuming prices continue as they seem certain to do your 10 to 15% down payment will be 20% or more equity later this year. That will allow you to refi into a fully conventional prime loan without PMI or an adjustable 2nd subject to rising rates.[/quote]

When I survey greater North County (inland to the coast) it looks like the 1M to 1.2M will be the entry point for 4BR 2000 sf home soon.

The dearth of inventory is humbling and somewhat shocking.

That being said, there are many high paying jobs here, if both can work, even a mild downturn should be manageable.

I don’t see 2008 happening again.[/quote]

$1m is the entry point in Coastal as well as RB already. Money seems to be pouring in with no end in sight