I lived in Encinitas for 30 years and it was/is a very nice place to live. The big economic picture, however, will catch up with that area. Has anyone noticed that stocks are down 25 or so percent, the ecomomy is crumbling, California is in the beginning of a severe recession, unemployment is 7% and going up. The reasons are almost too numerous to mention. Encinitas is not immune to price declines.
Accoding to Zillow, the 92024 area code has dropped only about 11.5%, with the bulk of that in the last year. The trend is decidely DOWN.
