When I walk / skate /jog through Liberty Station I make a point of looking for streets that DON’T have at least one For Sale sign – there aren’t many
Last time I counted For Sale signs a full 7% of the single-family units were for sale – seems high to me – how does this compare to other newly built neighborhoods?
Personally, the idea of paying $800K+ for a townhome in Liberty Station is laughable – these units are so close to one another that you can borrow a cup of sugar from your neighbor by sticking your hand out the kitchen window (not kidding!)
If San Diego’s market does what I expect it to do, there will be distressed units in Liberty Station for $600K’ish in 2011-2012
