thanks again for the insight…Just to clarify from your earlier post, I was saying that La Jolla is not all that it is cracked up to be…The schools are part of the San Diego Unified School District, thus are subject to busing and certain “liberal ideas” which dumb things down toward the mean, etc.(i won’t go into details”….But mainly I was saying that offers have been getting accepted well below the lower end of the value range..Plus I live in one of those stupid gated communities in La Jolla where homes are sitting on the market for more than a year…
I think upper middle class families are flocking to the CV and that is why the prices are holding up…Doctors and lawyers are essentially recession proof…people always get sick and there are always lawsuits…
I am just trying to figure out if the CV will be stable in the short term or get sucked down with the rest of the market….