Coronado resident. excellent neighborhood, overpriced and generally speaking, sellers will sit it out. Listings will increase though, along with must-sell inventory. All in the course of death and divorce, as they say. Conditions will eventually take their toll, as no neighborhood can escape the asset deflation currently underway. Something to consider, the depth and duration of this business cycle remains to be seen. And while sellers have a bit more flexibility here, the lending picture is challenging, with fewer move up buyers.
Unless you have a boat, I believe the Village has more to offer, better lifestyle for most people. We have friends who really enjoy living in the Cays, though. Have you considered renting for a couple of more years?
