Neighborhoods Considering: Carmel Valley, Del Mar, Del Mar Mesa, Del Mar Heights
Condo/House: House
Price Range: $1.2M-$1.6M
Size Range: 3900-5100 Sq. Ft.
Currently (Rent/Own): Rent
Shopping the Market?: Watching closely, but not ready to make any offers (even lowball). Forcing ourselves to wait until at least Winter 2007, but prepared to wait it out until fall/winter 2008 or longer. Would like to see pricing reach 2003 levels, but will move quickly if data starts to convince me a turn is imminent (I don’t expect this will happen for 3-4 years). Quite comfortable in our rental at the moment.