Thanks SD Realtor. It was nice to know that a realtor is on my side of the fence. We have been looking in the San Gabriel area of LA for two years, but I have been trying to convince my wife to include San Diego which is a more manageable town. We’re not very familiar with it in terms of areas but want to be close to the water. La Jolla is more than we want to pay. I have been relying more on hearsay, news reports, and general observations, rather than number crunching minutiae. I had hoped that Zillow was going to do that for me, but it shows a different picture from the one I wanted to believe. It seems that there are micro climates in the real estate weather patterns, and I notice that Zillow offers a weekly change rate, so you have wonder at its accuracy. As a realtor you are no doubt being confronted with buyers (and sellers) armed with Ziller figures. It must be creating a little friction in the industry.
Oh, by the way, I think your view is very balanced and spot on.
