recordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.