rustico,
keep it coming. I thrive on irreverence and dont mind the attacks or challenges. The data available on RE is horrible IMHO. Every data point has some unique aspects that I really dont trust anything as a true measure outside of my gut feeling of what a given house is worth today vs what i beleive it would have sold for 1 year ago etc. Data like this is valuable for one reason, over time it allows you to follow how the market changes in direction and at what rate. nothing more.
gn
CV is not the least expensive area in NCC it is actually one of the most expensive. What is most interesting about it to me is how far the homes range across the spectrum. There are starter homes in the 600’s and it goes up to around 3M. Its a wonderful cross section covering many price ranges.
I also beleive that while not everyone aspires to CV (I dont) it is a good indicator of what is happening among relatively well paid professionals seeking homes close to work. I beleive that descirbes most of the piggingtons. What is happening here is probably similar to what is happening in the nicer communites with good locations like Scripps, Tierasanta, Poway, RB/4S, UC etc.
