[quote=AN]I don’t think you’re that bearish at all if you think some areas are immune. At least not when you compare yourself to some of the real bears in here.[/quote]
I don’t think some areas are “immune” but I DO think some areas, such as NCC (presumably west of the 5), where sdcellar has placed an offer, are MUCH BETTER investments than other zips within the county.
If you have a young family (like sdcellar) and *NEED* to buy right now, interest rates are at record lows. This is coming from a bear who purchased properties using P.M. loans with 7%, 9.25% and 10.5% interest-rates when MY NEED was there.