I was looking at Mira Mesa quite a bit over the last six months. It seems quite clear that prices there have flattened and are starting to ebb. Like Clairemont, some of the neighborhoods are hit or miss; some nice little enclaves but a lot of properties that have not been kept up. In terms of price appreciation, Mira Mesa seems to lag somewhat. I was considering purchasing a home in west mira mesa for a good few months, but market conditions look to be deteriorating. I suppose in a 20 year time frame, a home purchase almost anywhere in SD would likely turn out well. But life moves too fast these days and I know very few people who can say where they will be in 3 years let alone 20. For myself, I decided to hold off on purchasing a home in SD. Right now, it just seems that the downside risk outweighs the upside potential.
