We’ve been renting for 3 years now, but we haven’t looked actively until now. Only recently we started to think again about buying. but the prices haven’t dropped as much as we wanted. I surely hope for another leg down.
Our requirements are more modest than yours, even 3 bdr. would do, if spacious (>1800 sf). We’d be even ok with a townhome, but in CV or Torrey highlands they are mostly over 500K (the spacious ones), plus MRs plus HOAs – extra 400$/mo to fork. Haven’t been very actively, just internet and driving around for open houses, to get a feel. We even explored other ‘hoods, but usually the commute is the killer.
We’ll probably start looking at 4S (the lower MRs) too.
Good luck with your home search, MANmom.
SD Realtor, do you have any insight about what is going to happen with PQ? Are we going to see finally more inventory this year ( my impression was that is has been trickling for the last 2 years, but maybe I am wrong)? Is it more prone for a downturn?