SD Realtor here, different person then sdrealtor. If you are planning on occupying the home you live in for several years then you should be okay. Make no mistake I do believe we have more depreciation coming so be prepared to take a ride down and then back up again. However if you enjoy where you live and have a secure financing vehicle then you will be fine. My brother lived there for many years and loved it. There was definite noise from the flight path (where he lived) so beware of that. If you are south down towards Pt Loma then you will be fine. Also as others have commented the east side of the hill is really nice as well. I am not overly thrilled about the Southpark area due to the school districts. The same is true for North Park, Talmadge, Kensington, University Heights areas. Don’t get me wrong, they are nice places, I own a home in Talmadge, however unless you plan on private schools I would not recommend those locations for a family raising thier kids and sending them to public schools. As other posts have recommended alot of people recommended Carmel Valley. Cookie cutter homes with not much personality but they are newer, and the school districts are very good. You may want to compromise in a community like University City. The home stock is a bit older but they are still nice homes and the school district is good, not as great as Carmel Valley but still good. Finally you get a bit more value then Carmel Valley and you are about 15 minutes closer to downtown.