I was jogging through Liberty Station this morning (used to be NTC in Pt Loma) and noticed numerous For Sale signs.
I assume that most of these houses were bought by speculators and they are now bailing.
These houses had been selling for as high as $1.3 mil but they aren’t anymore.
I have been watching one in particular that came on the market just under $1.1 mil back in Oct/Nov of 2005. It is still on the market today – asking price is $899K.