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CA renter.
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February 18, 2011 at 1:12 AM #668923February 18, 2011 at 2:50 AM #667798
pemeliza
Participant“Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?”
DZ, you may be right but I tend to think it happens the other way around. Recent considerable weakness in the desirable coastal areas has pretty much decimated demand in second tier inland areas with less than stellar school districts such as Mt. Helix. Personally, I think that certain areas are going to drastically over-correct this downturn and Mt. Helix looks to be one of them.
February 18, 2011 at 2:50 AM #667860Participant“Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?”
DZ, you may be right but I tend to think it happens the other way around. Recent considerable weakness in the desirable coastal areas has pretty much decimated demand in second tier inland areas with less than stellar school districts such as Mt. Helix. Personally, I think that certain areas are going to drastically over-correct this downturn and Mt. Helix looks to be one of them.
February 18, 2011 at 2:50 AM #668466Participant“Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?”
DZ, you may be right but I tend to think it happens the other way around. Recent considerable weakness in the desirable coastal areas has pretty much decimated demand in second tier inland areas with less than stellar school districts such as Mt. Helix. Personally, I think that certain areas are going to drastically over-correct this downturn and Mt. Helix looks to be one of them.
February 18, 2011 at 2:50 AM #668605Participant“Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?”
DZ, you may be right but I tend to think it happens the other way around. Recent considerable weakness in the desirable coastal areas has pretty much decimated demand in second tier inland areas with less than stellar school districts such as Mt. Helix. Personally, I think that certain areas are going to drastically over-correct this downturn and Mt. Helix looks to be one of them.
February 18, 2011 at 2:50 AM #668948Participant“Any reason to think those prices don’t portend bigger drops in the future for desirable coastal areas?”
DZ, you may be right but I tend to think it happens the other way around. Recent considerable weakness in the desirable coastal areas has pretty much decimated demand in second tier inland areas with less than stellar school districts such as Mt. Helix. Personally, I think that certain areas are going to drastically over-correct this downturn and Mt. Helix looks to be one of them.
February 18, 2011 at 6:19 AM #667823protorio
Participant[quote=pemeliza] Here are some examples in Mt. Helix that blow away anything we looked at there a couple of years ago at similar price points:
http://www.sdlookup.com/MLS-110006266-9565_Alto_Dr_La_Mesa_CA_91941
http://www.sdlookup.com/MLS-100073352-4825_Mount_Helix_La_Mesa_CA_91941
[/quote]The first one is by notable architect Robert Des Lauriers. Maybe Mt. Helix is where the deals are around this price (finding a bottom?). Coast and midtown seem unrealistically sticky to me, whereas many areas in the county are flirting with serious affordability.
February 18, 2011 at 6:19 AM #667885Participant[quote=pemeliza] Here are some examples in Mt. Helix that blow away anything we looked at there a couple of years ago at similar price points:
http://www.sdlookup.com/MLS-110006266-9565_Alto_Dr_La_Mesa_CA_91941
http://www.sdlookup.com/MLS-100073352-4825_Mount_Helix_La_Mesa_CA_91941
[/quote]The first one is by notable architect Robert Des Lauriers. Maybe Mt. Helix is where the deals are around this price (finding a bottom?). Coast and midtown seem unrealistically sticky to me, whereas many areas in the county are flirting with serious affordability.
February 18, 2011 at 6:19 AM #668491Participant[quote=pemeliza] Here are some examples in Mt. Helix that blow away anything we looked at there a couple of years ago at similar price points:
http://www.sdlookup.com/MLS-110006266-9565_Alto_Dr_La_Mesa_CA_91941
http://www.sdlookup.com/MLS-100073352-4825_Mount_Helix_La_Mesa_CA_91941
[/quote]The first one is by notable architect Robert Des Lauriers. Maybe Mt. Helix is where the deals are around this price (finding a bottom?). Coast and midtown seem unrealistically sticky to me, whereas many areas in the county are flirting with serious affordability.
February 18, 2011 at 6:19 AM #668630Participant[quote=pemeliza] Here are some examples in Mt. Helix that blow away anything we looked at there a couple of years ago at similar price points:
http://www.sdlookup.com/MLS-110006266-9565_Alto_Dr_La_Mesa_CA_91941
http://www.sdlookup.com/MLS-100073352-4825_Mount_Helix_La_Mesa_CA_91941
[/quote]The first one is by notable architect Robert Des Lauriers. Maybe Mt. Helix is where the deals are around this price (finding a bottom?). Coast and midtown seem unrealistically sticky to me, whereas many areas in the county are flirting with serious affordability.
February 18, 2011 at 6:19 AM #668973Participant[quote=pemeliza] Here are some examples in Mt. Helix that blow away anything we looked at there a couple of years ago at similar price points:
http://www.sdlookup.com/MLS-110006266-9565_Alto_Dr_La_Mesa_CA_91941
http://www.sdlookup.com/MLS-100073352-4825_Mount_Helix_La_Mesa_CA_91941
[/quote]The first one is by notable architect Robert Des Lauriers. Maybe Mt. Helix is where the deals are around this price (finding a bottom?). Coast and midtown seem unrealistically sticky to me, whereas many areas in the county are flirting with serious affordability.
February 18, 2011 at 8:31 AM #667869sdrealtor
ParticipantYes but dont forget the Butterfly theory that everything is interconnected. Eventually the young professional family targeting a nice home in a prime NCC neighborhood full of kids and with great schools will find the social isolation,non-access to beaches/quality restaurants/good shopping and less than stellar schools so compelling they will move to Mt Helix because of those low prices. It has to impact the Coast……it just has toooooo!!!
snark/
February 18, 2011 at 8:31 AM #667929ParticipantYes but dont forget the Butterfly theory that everything is interconnected. Eventually the young professional family targeting a nice home in a prime NCC neighborhood full of kids and with great schools will find the social isolation,non-access to beaches/quality restaurants/good shopping and less than stellar schools so compelling they will move to Mt Helix because of those low prices. It has to impact the Coast……it just has toooooo!!!
snark/
February 18, 2011 at 8:31 AM #668536ParticipantYes but dont forget the Butterfly theory that everything is interconnected. Eventually the young professional family targeting a nice home in a prime NCC neighborhood full of kids and with great schools will find the social isolation,non-access to beaches/quality restaurants/good shopping and less than stellar schools so compelling they will move to Mt Helix because of those low prices. It has to impact the Coast……it just has toooooo!!!
snark/
February 18, 2011 at 8:31 AM #668675ParticipantYes but dont forget the Butterfly theory that everything is interconnected. Eventually the young professional family targeting a nice home in a prime NCC neighborhood full of kids and with great schools will find the social isolation,non-access to beaches/quality restaurants/good shopping and less than stellar schools so compelling they will move to Mt Helix because of those low prices. It has to impact the Coast……it just has toooooo!!!
snark/
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