Highlands Village in Carmel Valley: need advice!

[joec]

I still think your best bet is to just wait a bit more and save for a larger down payment. Since you don’t need the space yet until kids, and with in-laws living with you, it sounds like a SFH is probably what you really want to be in…in CV as well. I can understand worrying about missing the bottom, but most people here don’t think it will rocket back up so you should have time to buy something which is a better fit long term…As mentioned before, transactions in real estate cost a lot of time and money so I know I wouldn’t buy something short term now, and then when kids come, be forced to find something else quickly again…

I wouldn’t bank on pricing changing too much in 6 months. A lot of the new home builders are really controlling their supply so will only build as much as they can to sell easily. Especially Pardee and CV so you are sorta stuck since they own all? (most) of the land out there. We looked at the Carriage Homes and I think they are still the same price as they were 2 years ago (low 700k? I think).

I’m probably in the minority camp that thinks the market is probably flat/slight down depending on area. There are enough piggs that have bought to make me think that way or it’s “close enough” for all those folks to buy themselves. However, I don’t think any of those bought homes in CV so maybe that area still has some room to fall.

I know the new places in 4S ranch were all selling same day and some of the earlier phases all sold out in an hour so the builder is probably not lying when they say they have enough folks on the waiting list already. Best bet is to just get yourself on the waiting list as well and go during a release day to see how quickly they sell. If you aren’t on the waiting list, you really don’t have a chance to even buy in Dec.

Inventory tends to drop come Sep so your choices become very limited in terms of resale homes so I’d probably wait longer if I was in your shoes…

Lastly, don’t worry too much about timing the exact bottom. No one can do that anyways, but from reading about your situation, you don’t really “need” more space or a SFH yet so until you do, might as well watch or rent instead, then save more now for something which will be a better fit maybe in a year or 2 instead and plan to stay for a longer time afterwards.

[Anonymous]

For under $600k I would be looking at Trilogy (Carmel Creek at Carmel Mountain Rd). They are SFH’s with a small yard, very convenient location.

Or else I would save more and try to get into the $700k range and then I would be looking at Pacific Highlands Ranch such as Manzanita Trail. PHR is going to be really nice when finished and if the repeal of Prop M goes through in November, they should start really building in that area.

[Anonymous]

For under $600k I would be looking at Trilogy (Carmel Creek at Carmel Mountain Rd). They are SFH’s with a small yard, very convenient location.

Or else I would save more and try to get into the $700k range and then I would be looking at Pacific Highlands Ranch such as Manzanita Trail. PHR is going to be really nice when finished and if the repeal of Prop M goes through in November, they should start really building in that area.

[Anonymous]

For under $600k I would be looking at Trilogy (Carmel Creek at Carmel Mountain Rd). They are SFH’s with a small yard, very convenient location.

Or else I would save more and try to get into the $700k range and then I would be looking at Pacific Highlands Ranch such as Manzanita Trail. PHR is going to be really nice when finished and if the repeal of Prop M goes through in November, they should start really building in that area.

[Anonymous]

For under $600k I would be looking at Trilogy (Carmel Creek at Carmel Mountain Rd). They are SFH’s with a small yard, very convenient location.

Or else I would save more and try to get into the $700k range and then I would be looking at Pacific Highlands Ranch such as Manzanita Trail. PHR is going to be really nice when finished and if the repeal of Prop M goes through in November, they should start really building in that area.

[Anonymous]

For under $600k I would be looking at Trilogy (Carmel Creek at Carmel Mountain Rd). They are SFH’s with a small yard, very convenient location.

Or else I would save more and try to get into the $700k range and then I would be looking at Pacific Highlands Ranch such as Manzanita Trail. PHR is going to be really nice when finished and if the repeal of Prop M goes through in November, they should start really building in that area.

[sdduuuude]

This move makes no sense to me. You spend all that money for a slightly bigger house and you don’t even have kids yet.

Even the fact that you live in North County and don’t have kids makes no sense to me. You are paying a serious premium for shools and not making use of it. Move somewhere that is nice with a crappy school district and save your money. Or, move somewhere mediocre with a crappy school district and save even more money. When you have kids and they get close to kindergarten age, then go for the over-priced neighborhood w/ the great school district and you’ll be ble to afford a better place because you saved up.

[sdduuuude]

This move makes no sense to me. You spend all that money for a slightly bigger house and you don’t even have kids yet.

Even the fact that you live in North County and don’t have kids makes no sense to me. You are paying a serious premium for shools and not making use of it. Move somewhere that is nice with a crappy school district and save your money. Or, move somewhere mediocre with a crappy school district and save even more money. When you have kids and they get close to kindergarten age, then go for the over-priced neighborhood w/ the great school district and you’ll be ble to afford a better place because you saved up.

[sdduuuude]

This move makes no sense to me. You spend all that money for a slightly bigger house and you don’t even have kids yet.

Even the fact that you live in North County and don’t have kids makes no sense to me. You are paying a serious premium for shools and not making use of it. Move somewhere that is nice with a crappy school district and save your money. Or, move somewhere mediocre with a crappy school district and save even more money. When you have kids and they get close to kindergarten age, then go for the over-priced neighborhood w/ the great school district and you’ll be ble to afford a better place because you saved up.

[sdduuuude]

This move makes no sense to me. You spend all that money for a slightly bigger house and you don’t even have kids yet.

Even the fact that you live in North County and don’t have kids makes no sense to me. You are paying a serious premium for shools and not making use of it. Move somewhere that is nice with a crappy school district and save your money. Or, move somewhere mediocre with a crappy school district and save even more money. When you have kids and they get close to kindergarten age, then go for the over-priced neighborhood w/ the great school district and you’ll be ble to afford a better place because you saved up.

[sdduuuude]

This move makes no sense to me. You spend all that money for a slightly bigger house and you don’t even have kids yet.

Even the fact that you live in North County and don’t have kids makes no sense to me. You are paying a serious premium for shools and not making use of it. Move somewhere that is nice with a crappy school district and save your money. Or, move somewhere mediocre with a crappy school district and save even more money. When you have kids and they get close to kindergarten age, then go for the over-priced neighborhood w/ the great school district and you’ll be ble to afford a better place because you saved up.

[sdrealtor]

Sorry dude but that logic would have left someone buried in San Marcos, Vista or Escondido a couple hundred grand underwater instead in relatively good shape in Carmel Valley, Encinitas or Carlsbad.

Whether you have kids in the schools or not, great schools help protect your property values.

[sdrealtor]

Sorry dude but that logic would have left someone buried in San Marcos, Vista or Escondido a couple hundred grand underwater instead in relatively good shape in Carmel Valley, Encinitas or Carlsbad.

Whether you have kids in the schools or not, great schools help protect your property values.

[sdrealtor]

Sorry dude but that logic would have left someone buried in San Marcos, Vista or Escondido a couple hundred grand underwater instead in relatively good shape in Carmel Valley, Encinitas or Carlsbad.

Whether you have kids in the schools or not, great schools help protect your property values.

[sdrealtor]

Sorry dude but that logic would have left someone buried in San Marcos, Vista or Escondido a couple hundred grand underwater instead in relatively good shape in Carmel Valley, Encinitas or Carlsbad.

Whether you have kids in the schools or not, great schools help protect your property values.

[Author]

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