I agree with you, SD. In this neck of 92104, there are few families with kids. Gays and older (still working) couples mostly, I think. There are no decent schools in the hood with the exception of St Agustine’s.
Believe it or not, the condo dwellers are the ones with kids. Owners or renters, who knows.
There are homes with asking pices over the 1 million mark here…….unless they overlook the golf course they don’t stand a chance of selling at that price. There was a house for sale across from Morley with an asking price over 1 million. It went in and out of excrow a couple times before it finally sold for something like 700K.
Over on Laurel/San Marcos/Burlingame some houses are still selling for close to 1 million, near Switzer Canyon.
A guy we know who’s lived here in 92104 his whole life swears houses here will never be worth less than 0.5 million dollars. Last year he tried to convince us to buy an 800 sq ft 80 year old house for 549K because it was such a good deal………………he’s dreaming.
