[quote=MANmom]$290 psf. is a bit high, and the main street for x-mas card lane is Oviedo, but that is probably the second most traveled street there during Christmas. Very quiet area, though and centrally located, pretty much walking distance to all schools.[/quote]
+1
I’m in the same boat as MANom. $290 psf is a bit high. If you have young children who are going to BMMS and MCHS, it will be convenient for them to walk home from great schools. This benefit can only be realized if you plan on living in the home for many(5+) years.
It’s not a good time to by property in San Diego right now. In general, there are too few properties on the market with too many people looking to buy – as evidenced by house prices rising this summer. The 8k tax credit is motivating many people, but shouldn’t be the deciding factor for a house that’s listing for ~540K. A few great deals pop up here and there, this listing is not one of them.
IMHO, it’s best to wait until the effects of government intervention on the housing market subside. This advice is contingent upon rates staying low for at least the next year.