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temeculaguy.
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June 12, 2008 at 2:23 PM #222167June 12, 2008 at 2:57 PM #222046
macmichael
ParticipantSome observations about SD economy
Some parts of SD economy are in trough at present, but other parts are not.
Heavy construction is very strong. Bio – stem cell funding from prop 71 is about to get flowing. A/E community is fairly busy. Many big project working their way thru planning ( eg hugh Marriott by ballpark ). Pendleton has large amount of allocated $$ for buildings, ditto Navy at 32nd. Bio conference has many job openings for SD area.
Are there problem areas – absolutely yes, but compared to alot of the rest of US we look in pretty good shape. Not every area obviously such as Eastlake, Vista, San Marcos and others that can be named, but lots of other areas are becoming more stable abeit at a lower level than 2005/2006. So choosing the area is most important.
June 12, 2008 at 2:57 PM #222149ParticipantSome observations about SD economy
Some parts of SD economy are in trough at present, but other parts are not.
Heavy construction is very strong. Bio – stem cell funding from prop 71 is about to get flowing. A/E community is fairly busy. Many big project working their way thru planning ( eg hugh Marriott by ballpark ). Pendleton has large amount of allocated $$ for buildings, ditto Navy at 32nd. Bio conference has many job openings for SD area.
Are there problem areas – absolutely yes, but compared to alot of the rest of US we look in pretty good shape. Not every area obviously such as Eastlake, Vista, San Marcos and others that can be named, but lots of other areas are becoming more stable abeit at a lower level than 2005/2006. So choosing the area is most important.
June 12, 2008 at 2:57 PM #222162ParticipantSome observations about SD economy
Some parts of SD economy are in trough at present, but other parts are not.
Heavy construction is very strong. Bio – stem cell funding from prop 71 is about to get flowing. A/E community is fairly busy. Many big project working their way thru planning ( eg hugh Marriott by ballpark ). Pendleton has large amount of allocated $$ for buildings, ditto Navy at 32nd. Bio conference has many job openings for SD area.
Are there problem areas – absolutely yes, but compared to alot of the rest of US we look in pretty good shape. Not every area obviously such as Eastlake, Vista, San Marcos and others that can be named, but lots of other areas are becoming more stable abeit at a lower level than 2005/2006. So choosing the area is most important.
June 12, 2008 at 2:57 PM #222195ParticipantSome observations about SD economy
Some parts of SD economy are in trough at present, but other parts are not.
Heavy construction is very strong. Bio – stem cell funding from prop 71 is about to get flowing. A/E community is fairly busy. Many big project working their way thru planning ( eg hugh Marriott by ballpark ). Pendleton has large amount of allocated $$ for buildings, ditto Navy at 32nd. Bio conference has many job openings for SD area.
Are there problem areas – absolutely yes, but compared to alot of the rest of US we look in pretty good shape. Not every area obviously such as Eastlake, Vista, San Marcos and others that can be named, but lots of other areas are becoming more stable abeit at a lower level than 2005/2006. So choosing the area is most important.
June 12, 2008 at 2:57 PM #222212ParticipantSome observations about SD economy
Some parts of SD economy are in trough at present, but other parts are not.
Heavy construction is very strong. Bio – stem cell funding from prop 71 is about to get flowing. A/E community is fairly busy. Many big project working their way thru planning ( eg hugh Marriott by ballpark ). Pendleton has large amount of allocated $$ for buildings, ditto Navy at 32nd. Bio conference has many job openings for SD area.
Are there problem areas – absolutely yes, but compared to alot of the rest of US we look in pretty good shape. Not every area obviously such as Eastlake, Vista, San Marcos and others that can be named, but lots of other areas are becoming more stable abeit at a lower level than 2005/2006. So choosing the area is most important.
June 12, 2008 at 3:01 PM #222061sdrealtor
ParticipantOne point that I made in my post missed getting over to this thread. Residential Real Estate markets are very, very fragmented. There is no such thing as a bottom for a every house, only a point in time when the marketwide data/statistics hit a bottom. You make your own bottom through hard work, patience and a little luck.
June 12, 2008 at 3:01 PM #222164ParticipantOne point that I made in my post missed getting over to this thread. Residential Real Estate markets are very, very fragmented. There is no such thing as a bottom for a every house, only a point in time when the marketwide data/statistics hit a bottom. You make your own bottom through hard work, patience and a little luck.
June 12, 2008 at 3:01 PM #222177ParticipantOne point that I made in my post missed getting over to this thread. Residential Real Estate markets are very, very fragmented. There is no such thing as a bottom for a every house, only a point in time when the marketwide data/statistics hit a bottom. You make your own bottom through hard work, patience and a little luck.
June 12, 2008 at 3:01 PM #222210ParticipantOne point that I made in my post missed getting over to this thread. Residential Real Estate markets are very, very fragmented. There is no such thing as a bottom for a every house, only a point in time when the marketwide data/statistics hit a bottom. You make your own bottom through hard work, patience and a little luck.
June 12, 2008 at 3:01 PM #222228ParticipantOne point that I made in my post missed getting over to this thread. Residential Real Estate markets are very, very fragmented. There is no such thing as a bottom for a every house, only a point in time when the marketwide data/statistics hit a bottom. You make your own bottom through hard work, patience and a little luck.
June 12, 2008 at 3:07 PM #222066nostradamus
ParticipantWow bjensen I’m honored to be on that list.
The only semi-IE area I’m looking at is Jamul because I need space and I’ve heard such good things about it from Rustico and other residents. That place is for me to live.
For rentals I’m looking in Mira Mesa (I’m sticking West of Cam Ruiz), Sorrento Valley, and Clairemont/Bay Park. I’m never going to the Stepford wife towns of CV or 4S, I just don’t like it and reminds me of the movie Little Children (do see this movie). This is just my personal opinion. The premium to live in those areas is, IMO, not worth it. Of course, those places are also depicted in Weeds.
Anyhow, prices are still about 25% off what would work for me. We know about foreclosures and we speculate about shadow inventory. One fact is that rates will rise and I think that factor alone is enough to warrant a 25% drop in price so I’m fine, just saving my money for that day. There is no hurry at all.
June 12, 2008 at 3:07 PM #222169ParticipantWow bjensen I’m honored to be on that list.
The only semi-IE area I’m looking at is Jamul because I need space and I’ve heard such good things about it from Rustico and other residents. That place is for me to live.
For rentals I’m looking in Mira Mesa (I’m sticking West of Cam Ruiz), Sorrento Valley, and Clairemont/Bay Park. I’m never going to the Stepford wife towns of CV or 4S, I just don’t like it and reminds me of the movie Little Children (do see this movie). This is just my personal opinion. The premium to live in those areas is, IMO, not worth it. Of course, those places are also depicted in Weeds.
Anyhow, prices are still about 25% off what would work for me. We know about foreclosures and we speculate about shadow inventory. One fact is that rates will rise and I think that factor alone is enough to warrant a 25% drop in price so I’m fine, just saving my money for that day. There is no hurry at all.
June 12, 2008 at 3:07 PM #222182ParticipantWow bjensen I’m honored to be on that list.
The only semi-IE area I’m looking at is Jamul because I need space and I’ve heard such good things about it from Rustico and other residents. That place is for me to live.
For rentals I’m looking in Mira Mesa (I’m sticking West of Cam Ruiz), Sorrento Valley, and Clairemont/Bay Park. I’m never going to the Stepford wife towns of CV or 4S, I just don’t like it and reminds me of the movie Little Children (do see this movie). This is just my personal opinion. The premium to live in those areas is, IMO, not worth it. Of course, those places are also depicted in Weeds.
Anyhow, prices are still about 25% off what would work for me. We know about foreclosures and we speculate about shadow inventory. One fact is that rates will rise and I think that factor alone is enough to warrant a 25% drop in price so I’m fine, just saving my money for that day. There is no hurry at all.
June 12, 2008 at 3:07 PM #222215ParticipantWow bjensen I’m honored to be on that list.
The only semi-IE area I’m looking at is Jamul because I need space and I’ve heard such good things about it from Rustico and other residents. That place is for me to live.
For rentals I’m looking in Mira Mesa (I’m sticking West of Cam Ruiz), Sorrento Valley, and Clairemont/Bay Park. I’m never going to the Stepford wife towns of CV or 4S, I just don’t like it and reminds me of the movie Little Children (do see this movie). This is just my personal opinion. The premium to live in those areas is, IMO, not worth it. Of course, those places are also depicted in Weeds.
Anyhow, prices are still about 25% off what would work for me. We know about foreclosures and we speculate about shadow inventory. One fact is that rates will rise and I think that factor alone is enough to warrant a 25% drop in price so I’m fine, just saving my money for that day. There is no hurry at all.
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