Highlands Village in Carmel Valley: need advice!

[lepetitangel]

Thanks for all the advices.
I think for coastal properties, the lot size is what determines the value. The land is worth far more than the house.

For me and my husband, it makes sense to focus on North County as I work in Carlsbad and he works in RB. It doesn’t make sense for us to live in Clairemont or other Southern areas.

I understand how we shouldn’t pay premium for good school district unless we have kids going to school soon. I just hope the over-inflated market price can drop when all the tax incentive by the gov is taken out. And again I think real estate is about location. Coastal areas are more expensive just because you cannot build into the waters. Also another concern…having been in SD for 8 years and going through TWO wild fires, I’m a little worrid for the area east or I-15 or close to 15. We were evacuated 3 years ago in 4S Ranch. I would not consider buying east of I-15 for that particular reason…just gives me a peach of mind. Also if I already have something in RB area, why would I buy my 2nd property there? doesn’t make sense to put all eggs in one basket.

I think every family has different needs…and hopefully I will be patient and lucky enough to find something I like that’s not over-priced too much.

[joec]

I still don’t know what’s the huge rush to buy in 6 months. There aren’t kids yet (or planned immediately) so like sdduuuude said, it’s a waste to pay for something (MR) you aren’t using.

2 years is a pretty long time out I think and the housing market isn’t going anywhere so there will always be places to buy.

Knowing full well how the nesting gene works, once a baby is coming, you will probably feel a huge pressure to buy something larger (been there, done that and know other folks that were in that boat), but since it’s not here yet, don’t feel rushed to get something this year. The Realtors can confirm, but I assume listings are starting to slow down already?

I can understand the commute can be bad and I hate traffic so much I feel like I get road rage daily (I assume you don’t have it as bad as me), but like the rest of the good honest advice, it seems for your situation, it sounds unwise to get something in 6 months. There aren’t even anymore tax credits left to try to rush in for that.

Also, why not sell the condo and not have that obligation when trying to qualify for a loan?

[joec]

I still don’t know what’s the huge rush to buy in 6 months. There aren’t kids yet (or planned immediately) so like sdduuuude said, it’s a waste to pay for something (MR) you aren’t using.

2 years is a pretty long time out I think and the housing market isn’t going anywhere so there will always be places to buy.

Knowing full well how the nesting gene works, once a baby is coming, you will probably feel a huge pressure to buy something larger (been there, done that and know other folks that were in that boat), but since it’s not here yet, don’t feel rushed to get something this year. The Realtors can confirm, but I assume listings are starting to slow down already?

I can understand the commute can be bad and I hate traffic so much I feel like I get road rage daily (I assume you don’t have it as bad as me), but like the rest of the good honest advice, it seems for your situation, it sounds unwise to get something in 6 months. There aren’t even anymore tax credits left to try to rush in for that.

Also, why not sell the condo and not have that obligation when trying to qualify for a loan?

[joec]

I still don’t know what’s the huge rush to buy in 6 months. There aren’t kids yet (or planned immediately) so like sdduuuude said, it’s a waste to pay for something (MR) you aren’t using.

2 years is a pretty long time out I think and the housing market isn’t going anywhere so there will always be places to buy.

Knowing full well how the nesting gene works, once a baby is coming, you will probably feel a huge pressure to buy something larger (been there, done that and know other folks that were in that boat), but since it’s not here yet, don’t feel rushed to get something this year. The Realtors can confirm, but I assume listings are starting to slow down already?

I can understand the commute can be bad and I hate traffic so much I feel like I get road rage daily (I assume you don’t have it as bad as me), but like the rest of the good honest advice, it seems for your situation, it sounds unwise to get something in 6 months. There aren’t even anymore tax credits left to try to rush in for that.

Also, why not sell the condo and not have that obligation when trying to qualify for a loan?

[joec]

I still don’t know what’s the huge rush to buy in 6 months. There aren’t kids yet (or planned immediately) so like sdduuuude said, it’s a waste to pay for something (MR) you aren’t using.

2 years is a pretty long time out I think and the housing market isn’t going anywhere so there will always be places to buy.

Knowing full well how the nesting gene works, once a baby is coming, you will probably feel a huge pressure to buy something larger (been there, done that and know other folks that were in that boat), but since it’s not here yet, don’t feel rushed to get something this year. The Realtors can confirm, but I assume listings are starting to slow down already?

I can understand the commute can be bad and I hate traffic so much I feel like I get road rage daily (I assume you don’t have it as bad as me), but like the rest of the good honest advice, it seems for your situation, it sounds unwise to get something in 6 months. There aren’t even anymore tax credits left to try to rush in for that.

Also, why not sell the condo and not have that obligation when trying to qualify for a loan?

[joec]

I still don’t know what’s the huge rush to buy in 6 months. There aren’t kids yet (or planned immediately) so like sdduuuude said, it’s a waste to pay for something (MR) you aren’t using.

2 years is a pretty long time out I think and the housing market isn’t going anywhere so there will always be places to buy.

Knowing full well how the nesting gene works, once a baby is coming, you will probably feel a huge pressure to buy something larger (been there, done that and know other folks that were in that boat), but since it’s not here yet, don’t feel rushed to get something this year. The Realtors can confirm, but I assume listings are starting to slow down already?

I can understand the commute can be bad and I hate traffic so much I feel like I get road rage daily (I assume you don’t have it as bad as me), but like the rest of the good honest advice, it seems for your situation, it sounds unwise to get something in 6 months. There aren’t even anymore tax credits left to try to rush in for that.

Also, why not sell the condo and not have that obligation when trying to qualify for a loan?

[lepetitangel]

Yah…I agree that I should not “rush” to buy in 6-months. But I will actively look to see if there’s any price fluctuation during these times. I guess I was assuming if there’s double-drip in housing, it should come in the next 6-month~1-year. But seems like people just think price will be flat instead of tanking. I wonder if the economy will fall into almost 0-growth GDP scenerio.

I just see inventory going up and up although my realtor said sales are going strong (which I doubt). The problem is the older homes I like get sold pretty fast. But again I will be patient.

Do people think we will get a housing double-dip? Lots of economists think so but I don’t know if it will become reality or not. I wish it does.

[lepetitangel]

Yah…I agree that I should not “rush” to buy in 6-months. But I will actively look to see if there’s any price fluctuation during these times. I guess I was assuming if there’s double-drip in housing, it should come in the next 6-month~1-year. But seems like people just think price will be flat instead of tanking. I wonder if the economy will fall into almost 0-growth GDP scenerio.

I just see inventory going up and up although my realtor said sales are going strong (which I doubt). The problem is the older homes I like get sold pretty fast. But again I will be patient.

Do people think we will get a housing double-dip? Lots of economists think so but I don’t know if it will become reality or not. I wish it does.

[lepetitangel]

Yah…I agree that I should not “rush” to buy in 6-months. But I will actively look to see if there’s any price fluctuation during these times. I guess I was assuming if there’s double-drip in housing, it should come in the next 6-month~1-year. But seems like people just think price will be flat instead of tanking. I wonder if the economy will fall into almost 0-growth GDP scenerio.

I just see inventory going up and up although my realtor said sales are going strong (which I doubt). The problem is the older homes I like get sold pretty fast. But again I will be patient.

Do people think we will get a housing double-dip? Lots of economists think so but I don’t know if it will become reality or not. I wish it does.

[lepetitangel]

Yah…I agree that I should not “rush” to buy in 6-months. But I will actively look to see if there’s any price fluctuation during these times. I guess I was assuming if there’s double-drip in housing, it should come in the next 6-month~1-year. But seems like people just think price will be flat instead of tanking. I wonder if the economy will fall into almost 0-growth GDP scenerio.

I just see inventory going up and up although my realtor said sales are going strong (which I doubt). The problem is the older homes I like get sold pretty fast. But again I will be patient.

Do people think we will get a housing double-dip? Lots of economists think so but I don’t know if it will become reality or not. I wish it does.

[lepetitangel]

Yah…I agree that I should not “rush” to buy in 6-months. But I will actively look to see if there’s any price fluctuation during these times. I guess I was assuming if there’s double-drip in housing, it should come in the next 6-month~1-year. But seems like people just think price will be flat instead of tanking. I wonder if the economy will fall into almost 0-growth GDP scenerio.

I just see inventory going up and up although my realtor said sales are going strong (which I doubt). The problem is the older homes I like get sold pretty fast. But again I will be patient.

Do people think we will get a housing double-dip? Lots of economists think so but I don’t know if it will become reality or not. I wish it does.

[Anonymous]

I still think you will be able to find a small SFH in central CV for around $600k. I would try to get at least a 3 bed, 2 bath home so you don’t outgrow it once you have kids. Here are 2 examples of homes that are close to what I am referring to:
http://www.sdlookup.com/MLS-100042791-4061_San_Ardo_Cove_San_Diego_CA_92130

http://www.sdlookup.com/MLS-100042585-12972_Cristallo_Pl_San_Diego_CA_92130

If you decide you want more house for the $, I would look at Rancho Penasquitos. There are dozens of homes for sale under $600k.

One VERY IMPORTANT fact to take into account when looking in Carmel Valley is school district. Part of CV belongs to the Solana Beach district, not Del Mar. IMO Del Mar schools are slightly higher ranked and homes in the DMUSD seem to hold their value better. Here is the map to the DMUSD boundaries:
http://www.dmusd.org/district/files/openFile.aspx?fileID=2940

[Anonymous]

I still think you will be able to find a small SFH in central CV for around $600k. I would try to get at least a 3 bed, 2 bath home so you don’t outgrow it once you have kids. Here are 2 examples of homes that are close to what I am referring to:
http://www.sdlookup.com/MLS-100042791-4061_San_Ardo_Cove_San_Diego_CA_92130

http://www.sdlookup.com/MLS-100042585-12972_Cristallo_Pl_San_Diego_CA_92130

If you decide you want more house for the $, I would look at Rancho Penasquitos. There are dozens of homes for sale under $600k.

One VERY IMPORTANT fact to take into account when looking in Carmel Valley is school district. Part of CV belongs to the Solana Beach district, not Del Mar. IMO Del Mar schools are slightly higher ranked and homes in the DMUSD seem to hold their value better. Here is the map to the DMUSD boundaries:
http://www.dmusd.org/district/files/openFile.aspx?fileID=2940

[Anonymous]

I still think you will be able to find a small SFH in central CV for around $600k. I would try to get at least a 3 bed, 2 bath home so you don’t outgrow it once you have kids. Here are 2 examples of homes that are close to what I am referring to:
http://www.sdlookup.com/MLS-100042791-4061_San_Ardo_Cove_San_Diego_CA_92130

http://www.sdlookup.com/MLS-100042585-12972_Cristallo_Pl_San_Diego_CA_92130

If you decide you want more house for the $, I would look at Rancho Penasquitos. There are dozens of homes for sale under $600k.

One VERY IMPORTANT fact to take into account when looking in Carmel Valley is school district. Part of CV belongs to the Solana Beach district, not Del Mar. IMO Del Mar schools are slightly higher ranked and homes in the DMUSD seem to hold their value better. Here is the map to the DMUSD boundaries:
http://www.dmusd.org/district/files/openFile.aspx?fileID=2940

[Anonymous]

I still think you will be able to find a small SFH in central CV for around $600k. I would try to get at least a 3 bed, 2 bath home so you don’t outgrow it once you have kids. Here are 2 examples of homes that are close to what I am referring to:
http://www.sdlookup.com/MLS-100042791-4061_San_Ardo_Cove_San_Diego_CA_92130

http://www.sdlookup.com/MLS-100042585-12972_Cristallo_Pl_San_Diego_CA_92130

If you decide you want more house for the $, I would look at Rancho Penasquitos. There are dozens of homes for sale under $600k.

One VERY IMPORTANT fact to take into account when looking in Carmel Valley is school district. Part of CV belongs to the Solana Beach district, not Del Mar. IMO Del Mar schools are slightly higher ranked and homes in the DMUSD seem to hold their value better. Here is the map to the DMUSD boundaries:
http://www.dmusd.org/district/files/openFile.aspx?fileID=2940

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