- This topic has 222 replies, 18 voices, and was last updated 16 years, 9 months ago by
(former)FormerSanDiegan.
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November 28, 2007 at 12:37 PM #104619November 28, 2007 at 12:38 PM #104469
Eugene
Participant1997 prices in a good neighborhood in San Diego? As much as I’d like to see that, it’s not going to happen. Incomes are up 30-40%, interest rates are lower than in 1997, and there was not enough overbuilding to drive prices down. That’s the difference between San Diego and AZ/NV/FL.
1997 prices might happen in Riverside County, and 2000-2001 prices could happen in overbuilt peripheral areas (San Marcos, Escondido, Otay Lakes), but good central neighborhoods like Penasquitos and UTC will not go much lower than 2003.
November 28, 2007 at 12:38 PM #104559Participant1997 prices in a good neighborhood in San Diego? As much as I’d like to see that, it’s not going to happen. Incomes are up 30-40%, interest rates are lower than in 1997, and there was not enough overbuilding to drive prices down. That’s the difference between San Diego and AZ/NV/FL.
1997 prices might happen in Riverside County, and 2000-2001 prices could happen in overbuilt peripheral areas (San Marcos, Escondido, Otay Lakes), but good central neighborhoods like Penasquitos and UTC will not go much lower than 2003.
November 28, 2007 at 12:38 PM #104567Participant1997 prices in a good neighborhood in San Diego? As much as I’d like to see that, it’s not going to happen. Incomes are up 30-40%, interest rates are lower than in 1997, and there was not enough overbuilding to drive prices down. That’s the difference between San Diego and AZ/NV/FL.
1997 prices might happen in Riverside County, and 2000-2001 prices could happen in overbuilt peripheral areas (San Marcos, Escondido, Otay Lakes), but good central neighborhoods like Penasquitos and UTC will not go much lower than 2003.
November 28, 2007 at 12:38 PM #104593Participant1997 prices in a good neighborhood in San Diego? As much as I’d like to see that, it’s not going to happen. Incomes are up 30-40%, interest rates are lower than in 1997, and there was not enough overbuilding to drive prices down. That’s the difference between San Diego and AZ/NV/FL.
1997 prices might happen in Riverside County, and 2000-2001 prices could happen in overbuilt peripheral areas (San Marcos, Escondido, Otay Lakes), but good central neighborhoods like Penasquitos and UTC will not go much lower than 2003.
November 28, 2007 at 12:38 PM #104615Participant1997 prices in a good neighborhood in San Diego? As much as I’d like to see that, it’s not going to happen. Incomes are up 30-40%, interest rates are lower than in 1997, and there was not enough overbuilding to drive prices down. That’s the difference between San Diego and AZ/NV/FL.
1997 prices might happen in Riverside County, and 2000-2001 prices could happen in overbuilt peripheral areas (San Marcos, Escondido, Otay Lakes), but good central neighborhoods like Penasquitos and UTC will not go much lower than 2003.
November 28, 2007 at 12:39 PM #104479lendingbubblecontinues
Participantgolfproz–are you predicting the whole country isn’t going to go down the crapper?
That’s pretty optimistic!
November 28, 2007 at 12:39 PM #104569Participantgolfproz–are you predicting the whole country isn’t going to go down the crapper?
That’s pretty optimistic!
November 28, 2007 at 12:39 PM #104577Participantgolfproz–are you predicting the whole country isn’t going to go down the crapper?
That’s pretty optimistic!
November 28, 2007 at 12:39 PM #104603Participantgolfproz–are you predicting the whole country isn’t going to go down the crapper?
That’s pretty optimistic!
November 28, 2007 at 12:39 PM #104624Participantgolfproz–are you predicting the whole country isn’t going to go down the crapper?
That’s pretty optimistic!
November 28, 2007 at 12:42 PM #104499patientlywaiting
ParticipantEX-SD makes a good point. We are too focused on San Diego and the high cost areas such as OC and West LA.
Look at what is happening to other parts of country. Look at Temecula, Riverside and Bakersfield. Under $100/sf will be very common.
November 28, 2007 at 12:42 PM #104590ParticipantEX-SD makes a good point. We are too focused on San Diego and the high cost areas such as OC and West LA.
Look at what is happening to other parts of country. Look at Temecula, Riverside and Bakersfield. Under $100/sf will be very common.
November 28, 2007 at 12:42 PM #104597ParticipantEX-SD makes a good point. We are too focused on San Diego and the high cost areas such as OC and West LA.
Look at what is happening to other parts of country. Look at Temecula, Riverside and Bakersfield. Under $100/sf will be very common.
November 28, 2007 at 12:42 PM #104623ParticipantEX-SD makes a good point. We are too focused on San Diego and the high cost areas such as OC and West LA.
Look at what is happening to other parts of country. Look at Temecula, Riverside and Bakersfield. Under $100/sf will be very common.
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