Actually, relative to 2005, prices in this attached market have started to fallen considerably, more so than the detached markets. And there won't imho be any stimulus to thwart addition price falls in the attached markets. The extra variable about the CV attached market is the unusually large number of inventory, not just from people trying to sell, but from all the developers and condo-converts adding to an already bloated inventory. In the past, some of the condo-converts have been trying to limit sales. It seems like a lot of them have lately started to give the "hail mary" and dump a large set of inventory onto the market. This can't be good for resale. Carmel Pointe, Heights, Analucia, are just three of a couple of apartments that converted. By far, Heights isn't the worst, but it probably converted during the worst time (at the end of the peek).My advice if you are looking in the attached markets would be to wait. But if you are indeed looking, look to these converts to depress other nicer attached units elsewhere in CV.
San Diegan, Ok I stand corrected on the school district. Last time I asked, elementary was designated as Carmel Creek, but I guess that one is full. If I remember, some of the buildings had units below ground level.
