[quote=SD Realtor]I would agree with what Scarlett said. I would be more comfortable with the 1750 sf homes down lower then where they are now. At the 500k price they are horrible investment properties. Most of those that were bought for investments were done so long ago. The majority were owner occupied and bought at a low price and then the owners moved on but kept the unit. I am not sure how low they will go because it is a nice area that has decent demand. I do believe they will move down though.[/quote]
Since the interest rates will go up eventually do you think that the lower priced properties in Scripps Ranch will become more popular than the more expensive ones and thus lose less value since they are more “affordable”? It just seems to me that Miro is more attractive than some of the surrounding neighborhoods.
