Don't worry……………sdrealtor has told all of us that North County Coastal won't suffer nearly as bad as other areas. Of course, he's full of shit but that doesn't stop him from saying stupid things.
um. That was harsh. I must have missed that thread. I thought all he /she said with North County isn't currently suffering as bad as other places…. which I think is true for the detached markets. I haven't seen big price drops we'd like to see on the detached markets across the board (though I wouldn't call things "holding value" either as some other thread mentioned 🙂 ) I also think sdrealtor especially mentioned that the his insight wasn't on the attached market, as he/she didn't really follow that as closely.
From the activity in 92130 at least, it at least appears like the attached market and detached markets aren't moving in the same way. Can't comment on other north county areas, nor am I really a resident expert of 92130 frankly.
I'm only looking at selective data to see if there is anything remotely that makes sense as an investment and/or a tradeup. ( I haven't found any here in 92130) , even if attached markets did drop a bit in some units back in march: the $485k for the 3/3 that I was looking at was still a good ways off to make sense as an investment. i was hoping for things to go down to around $400k, but it doesn't seem things have fallen to this level yet.
Oh well, I guess folks on this board are getting a bit edgy these days and have a few bones to pick (inclusive of myself). Whatever floats people's boats.
