I think you need to be more patient. San Diego has some of the best weather, schools and infrastructure in the country. Rents are very reasonable. If you can wait 18 months and have at least $40,000 in the bank, you should be able to pick up something in the future at the price you want. I figure that there should be 100,000 houses on the market by then. Right now, we have close to 20,000 and it should go parabolic in about 6 months.
As for SDrealtor, he has some good info–he’s in a combat area, his perspective gives you more of a feel to the real estate market. It gives you a fuller picture.
