JES, you make really good points. I too beleive that this time around the Internet will allow savvy buyers to have an advantage. Over time, slowly, the Internet will change how houses are bought and sold.
Buyers will be very reluctant to pay the high profit margins once that information is widely available.
By paying attention to the market we can determine when the right time to buy is. It’s still some years away though.
For rental property, I think that Merced, in the long run, might be a better deal than San Marcos. UC Merced is growing and the market there is already crashing.
What price point for a decent SFR would make you stay in San Diego? I guess you’ll know it when that time comes.
