I was recently at a conference with both Stan Humphries (from Zillow) and Gary London (from the London Group). While Stan was predicting about 7% appreciation for San Diego in 2014, it was surprising to hear Gary so upbeat.
He did nail the bottom but he says that he predicts that 2014 will be the best year yet in recent years for property appreciation in San Diego.
I can’t say I agree with him that 2014 will be better than 2013 was in appreciation but surprising nonetheless to hear him so upbeat.