Heh, Scarlett, I was about to slam you on your views on GM….But thanks for pointing out you aren’t that person. Just kidding
I love talking about CV townhomes…My favorite subject.
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Since the townhomes and twinhomes in CV are starting to take a hit, I was thinking of buying one next year, instead of a larger SFR home but farther away. I have not seen many large ones that went on the market. By large town-/twin-home I mean >1650 sf, 3 br+.
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I personally like (1) Crest atDel Mar (2) Analucia
For small SFH, antares is in a good location, but not the best quality homes.
Townhomes have taken a huge plunge. It hasn’t just started, it’s been happening for some time.
Peak prices for a townhomes 3/3 1533-1584sqft were $630k+. Recent prices have been as low as $480k in the same complex.
The majority of the larger size townhomes are 3/3 1533-1584sqft. I can’t personally predict how much further home prices fall, but I an personally waiting for something back to around the low 4’s, which at one point I thought was impossible, but seems to be more and more possible these days.
One thing you are probably are aware of that there is a large glut of townhomes in CV, mainly due to (1) new construction (2) condo conversions
