Actually I’m an ex-San Diegan. I left the rat race and moved to Monterey.
The home is a short sale and at the peak it was refi-ed for 1.2 million. I got it for 450K. 3300 sf on an acre of land in a gated community. 10 years old. TWO furnaces!! Lots of short sales up here if you can stand the 6 month wait. But for 3.75% I can wait a long time. 132 bucks a SF. Can’t beat that!
The market up here is lively! All houses we liked were bought by cash offers in less than a week. Can’t compete in Monterey.
The working stiff has to commute from the outer regions but it’s still only 20 minutes on four lane highways. Get to watch the surf roll in most of the way.
