Neighborhoods considering: Birdrock, Lower Hermosa (LJ), possibly Del Mar.
House/Condo: House with privacy
Size: 2,500-4,000 sq ft.
Price: 1.4M-2.5M
Rent/Own: Sold house in Olivenhain in 2006, renting now.
Shopping the Market?: We have been looking hard and have decided that we will rent for 2 years, possibly 4-5. Renting a great house at 40% (nut) vs.owning. Hoping that prices steadily drop and interest rates go up (for personal goals, not for pain in others). Believe that the air will keep getting let out of the tires as more and more economic issues keep playing out in the market. Had 2 acres, more interested in short walks to town, ocean view, NO MAJOR CONSTRUCTION PROJECTS!
