Bugs, it’s good to hear your input on this (I respect your opinion as much as RT himself!). I never claimed that these growing CV foreclosures were causing any price action…yet. It is helpful to hear your observation that the 25% to 30% level of total sales is the trigger point for foreclosures driving the pricing. All I’m really saying is that this increasing number of NOD’s in the prime areas of CV does not bode well for this “Sacred Cow.” At the high-end, seller behaviour indicates many are still in “la la land”. I’m in the fortunate position of being able to buy anywhere and at anytime I choose in CV, but all the data is telling me the next 12-24 months won’t be pretty, so renting still feels good for the time being. I really appreciate (as we all do) the inputs on this blog from everyone, including sdrealtor, SD Realtor, asianautica, raptorduck, yourself, and all the others.
School District, New Homes, Proximity to engineering and biotech jobs in the triangle. If you want a the first of those two items (or at least a home built in the past 7 years) you are limited to CV or else your next stop Torrey Highlands, then all the development off Camino Del Sur up to 4S.
While CV is not sdrealtors or cowboys choice, (nor is it my choice either) it is a desired destination for many folks, especially younger families.
(Actually I like a slice of the older developments in Del Mar Highlands but that is about it for me)
School District, New Homes, Proximity to engineering and biotech jobs in the triangle. If you want a the first of those two items (or at least a home built in the past 7 years) you are limited to CV or else your next stop Torrey Highlands, then all the development off Camino Del Sur up to 4S.
While CV is not sdrealtors or cowboys choice, (nor is it my choice either) it is a desired destination for many folks, especially younger families.
(Actually I like a slice of the older developments in Del Mar Highlands but that is about it for me)
School District, New Homes, Proximity to engineering and biotech jobs in the triangle. If you want a the first of those two items (or at least a home built in the past 7 years) you are limited to CV or else your next stop Torrey Highlands, then all the development off Camino Del Sur up to 4S.
While CV is not sdrealtors or cowboys choice, (nor is it my choice either) it is a desired destination for many folks, especially younger families.
(Actually I like a slice of the older developments in Del Mar Highlands but that is about it for me)
School District, New Homes, Proximity to engineering and biotech jobs in the triangle. If you want a the first of those two items (or at least a home built in the past 7 years) you are limited to CV or else your next stop Torrey Highlands, then all the development off Camino Del Sur up to 4S.
While CV is not sdrealtors or cowboys choice, (nor is it my choice either) it is a desired destination for many folks, especially younger families.
(Actually I like a slice of the older developments in Del Mar Highlands but that is about it for me)
