[quote=ybitz]What size and price are you looking for, Strawberryfields?
Do you folks think there’s much chance of a 3 or 4 bedroom single family detached home in Scripps Ranch dropping to median price of below $250/sq-ft within 2 years? According to Redfin, current median is $280/sq-ft.[/quote]
Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
