sort of out of options… I agree with you about CV but a gem pops up once in a while. It’s definitely been a while since I’ve seen one and they are usually significantly pricier. 92127 corridor is full of mello-roos ranging from a few hundred to well over $1K p/month. That’s another $100K borrowing power for buyers. I’ve seen nice homes sell in the mid-800s to low 900s so I’m open to consideration there in low mello areas. You definitely caught the sweet spot in 2011. Sellers are pricing too aggressively right now charged by early signs of recovery and low inventory. If things don’t shape up, I’ll have to get comfortable renting. 🙂
