[quote=sdrealtor]Basically a twist on the best properties are in the strongest hands case I have presented for years. It is what CAR is facing trying to pluck one of those cherries in an established NCC neighborhood. Its hard to get one in any market, good or bad. Its sounds like the other CV is the same as well. I’d bet its the same in PQ also. Any established neighborhood will have the prime properties and those lucky enough to have one rartely let them go.
BTW, the strongest hands dont necessarily have to be the wealthiest. One of my favorite properties in Encinitas is owned free and clear by an older woman who works as the “lunch lady” at a local elementary school. She’s been there for years and would never think of selling or taking cash out in a refi. She knows what she has and that not only could she never get something like that again but that no one could get what she has even if they have tons of money. She lives a simple life and loves the life she lives. Thats as strong a hand as I’ve seen.[/quote]
Very well said and I agree with that.
bearishgurl, we got side track but the original point was, you asked what’s the “draw” for a lower middle class area like PQ. I gave you the reason. Those draw doesn’t apply to you. Which is understandable. However, the market has spoken and there are quite a few people who disagree with you. That’s all it is. Like it or not, there are plenty of people who found a lot of draw to PQ, enough to keep its price relatively inflated compare to lesser desirable areas.
