Unfortunately (I’m a renter) you can add Scripps Ranch, Carmel Valley, and 4S Ranch to that list (areas I want to buy). The drops here have been painfully slow. The stickiness of prices seems counter intuitive but prices remain very high . . . . As in any RE cycle the places which are currently getting hammered the worst in SD are the worst areas. The good areas seem to be holding for now.
“holding” = 5-10% decline but no retrenchment to 2003 levels.
