Thanks for the inputs everyone. We will continue to be patient. Hopefully the higher end will be cheaper by next summer. Having no children, I hadn’t given much thought to the schools issue in Mission Hills and Kensington.
We just renewed our lease in Coronado, giving us another year. Additionally, the landlord lowered our rent after we stated that we were looking for a less-expensive house. Lots of properties here for rent, something we are not used to seeing particularly in summer.
Regarding Kensington, I have talked to more people who have stated that Kensington is their favorite neighborhood in San Diego. I guess when it gets down to family considerations, many who would like to live there and could afford to do so put their kids first and choose areas with better schools. I can just imagine how expensive Kensington would be if it had decent schools.
Regarding current housing prices throughout the county, it appears that there may be a price point where buyers are balking. Perhaps it’s somewhere between $600,000 and a million. Maybe it has to do with the conforming loan limit. Properties below this magic number are moving quickly, while those above aren’t.
A gross generalization perhaps? Neighborhood dependent?
The bike is a 1972 H2 almost fully restored. I ride it maybe three times a year. It’s a head turner. Partner hates it because it’s not comfortable and because we always smell like two-stroke oil after taking it out (part of the charm actually). So I’m pretty much left to short spins around town.
