i did not find any homes in 92106 or 92103 at 12x rents, but i read several threads here that said that is what prices should be (10-12x). i think actually there are some prices in that range, but not where we want to live. we bought early enough and with enough down in MD that we are okay renting it, and the location is attractive to several good demographics of renters. as you note, we are timed exactly wrong with our WA house. so i guess it is time to not throw good money after bad and sell it.
thanks
jim
