[quote=EconProf]I am about to sell a 5-year old Normal Heights/University Heights house. I see rents falling, little future in investments in this state, and a brief window of opportunity to sell during the subsidy-hyped winter months before buyer’s credit ends.
Rental houses only make sense in San Diego in the rare periods of strong appreciation. We won’t be there for quite a long time.[/quote]
Agree with this, and have been telling everyone I know that this is most definitely a sellers’ market. Lots of people still think the market is slow (because they aren’t out there watching it). If I had some property to sell, I would be listing it tomorrow.