North County walk-to-surf properties will not go back to pre-bubble price

[Mooki]

Townhome and condo price are near bubble pricing also in the walk-to-surf areas. People are renting them out rather than selling them low (I mean lower than bubble price). I’m not sure if price will decline at all given the limited supply. It may just stay the same for the next 10 years.

[ArmoRealtor]

Sounds like you want to live where everyone wants to live. Some may disagree, but I dont think that area is going to come down because too many people want to live there. The economy and housing may fluctuate a bit, but there will always be a surplus of people with the means that want to live there.

I’m renting a guest house on Neptune for $1300 and I’ll probably never own something like that, but am stoked right now. I’m gonna run down to stone steps to catch a couple after work today. Sure does suck being a renter.

[ArmoRealtor]

Sounds like you want to live where everyone wants to live. Some may disagree, but I dont think that area is going to come down because too many people want to live there. The economy and housing may fluctuate a bit, but there will always be a surplus of people with the means that want to live there.

I’m renting a guest house on Neptune for $1300 and I’ll probably never own something like that, but am stoked right now. I’m gonna run down to stone steps to catch a couple after work today. Sure does suck being a renter.

[ArmoRealtor]

Sounds like you want to live where everyone wants to live. Some may disagree, but I dont think that area is going to come down because too many people want to live there. The economy and housing may fluctuate a bit, but there will always be a surplus of people with the means that want to live there.

I’m renting a guest house on Neptune for $1300 and I’ll probably never own something like that, but am stoked right now. I’m gonna run down to stone steps to catch a couple after work today. Sure does suck being a renter.

[ArmoRealtor]

Sounds like you want to live where everyone wants to live. Some may disagree, but I dont think that area is going to come down because too many people want to live there. The economy and housing may fluctuate a bit, but there will always be a surplus of people with the means that want to live there.

I’m renting a guest house on Neptune for $1300 and I’ll probably never own something like that, but am stoked right now. I’m gonna run down to stone steps to catch a couple after work today. Sure does suck being a renter.

[ArmoRealtor]

Sounds like you want to live where everyone wants to live. Some may disagree, but I dont think that area is going to come down because too many people want to live there. The economy and housing may fluctuate a bit, but there will always be a surplus of people with the means that want to live there.

I’m renting a guest house on Neptune for $1300 and I’ll probably never own something like that, but am stoked right now. I’m gonna run down to stone steps to catch a couple after work today. Sure does suck being a renter.

[briansd1]

[quote=CA renter]Long, slow, painful, agonizing decline…
[/quote]

Adjusted for inflation, the pre-bubble proportions between neighborhoods will return, over time.

If you don’t have patience and can’t live with an alternative, then you have to pay the price.

Some contractors I know call it the “right now” price. If you want it “right now” then you have to pay much more than if you can wait.

[briansd1]

[quote=CA renter]Long, slow, painful, agonizing decline…
[/quote]

Adjusted for inflation, the pre-bubble proportions between neighborhoods will return, over time.

If you don’t have patience and can’t live with an alternative, then you have to pay the price.

Some contractors I know call it the “right now” price. If you want it “right now” then you have to pay much more than if you can wait.

[briansd1]

[quote=CA renter]Long, slow, painful, agonizing decline…
[/quote]

Adjusted for inflation, the pre-bubble proportions between neighborhoods will return, over time.

If you don’t have patience and can’t live with an alternative, then you have to pay the price.

Some contractors I know call it the “right now” price. If you want it “right now” then you have to pay much more than if you can wait.

[briansd1]

[quote=CA renter]Long, slow, painful, agonizing decline…
[/quote]

Adjusted for inflation, the pre-bubble proportions between neighborhoods will return, over time.

If you don’t have patience and can’t live with an alternative, then you have to pay the price.

Some contractors I know call it the “right now” price. If you want it “right now” then you have to pay much more than if you can wait.

[briansd1]

[quote=CA renter]Long, slow, painful, agonizing decline…
[/quote]

Adjusted for inflation, the pre-bubble proportions between neighborhoods will return, over time.

If you don’t have patience and can’t live with an alternative, then you have to pay the price.

Some contractors I know call it the “right now” price. If you want it “right now” then you have to pay much more than if you can wait.

[capeman]

These coastal areas will be the last to fall in line with top tier income earner affordability. The inland areas are becoming more reasonable very quickly and since I’ve got pressure to buy is probably where I will go.

The up side to these houses not coming down in price is that they are not moving inventory at all in this market. I’ve got multiple houses in walk-to-surf neighborhood I rent in sitting for 3+ years on the market. They will move when the sellers get a clue.

[capeman]

These coastal areas will be the last to fall in line with top tier income earner affordability. The inland areas are becoming more reasonable very quickly and since I’ve got pressure to buy is probably where I will go.

The up side to these houses not coming down in price is that they are not moving inventory at all in this market. I’ve got multiple houses in walk-to-surf neighborhood I rent in sitting for 3+ years on the market. They will move when the sellers get a clue.

[capeman]

These coastal areas will be the last to fall in line with top tier income earner affordability. The inland areas are becoming more reasonable very quickly and since I’ve got pressure to buy is probably where I will go.

The up side to these houses not coming down in price is that they are not moving inventory at all in this market. I’ve got multiple houses in walk-to-surf neighborhood I rent in sitting for 3+ years on the market. They will move when the sellers get a clue.

[capeman]

These coastal areas will be the last to fall in line with top tier income earner affordability. The inland areas are becoming more reasonable very quickly and since I’ve got pressure to buy is probably where I will go.

The up side to these houses not coming down in price is that they are not moving inventory at all in this market. I’ve got multiple houses in walk-to-surf neighborhood I rent in sitting for 3+ years on the market. They will move when the sellers get a clue.

[Author]

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