Wondering how all this activity will impact west of 5/east of 5 values.
I’m wondering what all you real estate experts think about what will happen to east of 5 property values?
West of 5 is skyrocketing – I mean there are properties on Eolus in the high two – three millions!
Del Mar Heights is solidly at $3m+ for the fancy flips.
Cardiff homes near the composer district are flying off the shelf in mid-two millions.
Will this *permanently* influence values east of 5, or is east of 5 a bubble waiting to pop?
New construction off Urania near Leucadia Blvd and east of 5 is almost mid-2s. Shea just listed the model off Leucadia Blvd just north of Urania for $2.
Even Caudor, Sparta area is getting pretty pricey.
For as long as I can remember (decades and decades), west of 5 is like a meditation mantra for North County Coastal real estate.
Will the current real estate situation change that?
