North County Coastal Market-Why so sticky?

[an]

[quote=sdcellar]Also, I don’t think every single buyer who got left holding the bag on an overpriced home will end up in distress. Plenty (and I mean plenty) can afford it, they just didn’t fare as well financially as they could have.[/quote]
Yep, and that ties in perfectly with what I was trying to say that maybe people who bought in areas like NCC can afford it and stretch much less than people who bought in Chula Vista. That’s why it fared much better so far. That just my guess. That’s the only logical explanation in my mind.

[Nor-LA-SD-guy]

So what I take away from this is (usually much different than most)

I need to tell my nephew to either start his own biz or get a City job and work his way up to management.

[Nor-LA-SD-guy]

So what I take away from this is (usually much different than most)

I need to tell my nephew to either start his own biz or get a City job and work his way up to management.

[Nor-LA-SD-guy]

So what I take away from this is (usually much different than most)

I need to tell my nephew to either start his own biz or get a City job and work his way up to management.

[Nor-LA-SD-guy]

So what I take away from this is (usually much different than most)

I need to tell my nephew to either start his own biz or get a City job and work his way up to management.

[Nor-LA-SD-guy]

So what I take away from this is (usually much different than most)

I need to tell my nephew to either start his own biz or get a City job and work his way up to management.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[sdcellar]

AN, I think the phenomena is what sdrealtor has talked about before, the lowest priced properties (and areas) bubbled the most. They also had the least financially sound pool of buyers as you’re pointing out. This leaves higher priced areas with a little less to fall and generally better strength among owners. Newer construction seems disproportionally vulnerable as well, even at higher price ranges, but that would be my opinion.

Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.

[an]

[quote=sdcellar]
Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.[/quote]
You were. My position hasn’t changed. We both seem to be saying the same thing, just in different ways.

[an]

[quote=sdcellar]
Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.[/quote]
You were. My position hasn’t changed. We both seem to be saying the same thing, just in different ways.

[an]

[quote=sdcellar]
Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.[/quote]
You were. My position hasn’t changed. We both seem to be saying the same thing, just in different ways.

[an]

[quote=sdcellar]
Perhaps I was reading too much into your earlier posts, but your position sounds more moderate now, so I can only agree with it.[/quote]
You were. My position hasn’t changed. We both seem to be saying the same thing, just in different ways.

[Author]

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