Oceanside – good areas?

[SD Realtor]

Have to be honest arenter and say no I don’t know a whole lot about that subdivision. That is out off of 76 as you head east. At least it is relatively to the west which is good. I have had listings in the condo land out off of Douglas. The homes look okay on the MLS but yeah the proximity of less desireable homes is something to always be concerned about. The demographics of Oceanside is going to play out like that.

A few things to note. I believe areas like this will get hit pretty darn hard and relatively soon because while they are not far out like Temecula, they are out there pretty far. For instance, 3372 Toopal is listed right now at 575k-599k. Well it had just sold for 660k on 1/27/06. It has been on the market 44 days.

Now I believe pretty much all of the Oceanside homes will take a pretty good hit (and they already have taken a hit) but more to come in the next 1-2 years due to the outlying proximity of them and the fast runup they had.

If you can stretch another year or two I think you will find some fabulous deals up there.

SD Realtor

[SD Realtor]

Have to be honest arenter and say no I don’t know a whole lot about that subdivision. That is out off of 76 as you head east. At least it is relatively to the west which is good. I have had listings in the condo land out off of Douglas. The homes look okay on the MLS but yeah the proximity of less desireable homes is something to always be concerned about. The demographics of Oceanside is going to play out like that.

A few things to note. I believe areas like this will get hit pretty darn hard and relatively soon because while they are not far out like Temecula, they are out there pretty far. For instance, 3372 Toopal is listed right now at 575k-599k. Well it had just sold for 660k on 1/27/06. It has been on the market 44 days.

Now I believe pretty much all of the Oceanside homes will take a pretty good hit (and they already have taken a hit) but more to come in the next 1-2 years due to the outlying proximity of them and the fast runup they had.

If you can stretch another year or two I think you will find some fabulous deals up there.

SD Realtor

[arenter]

Yes, I have to agree with you. We were looking at the new divisions out in Arrowood (Breakaway and Bellingham) when we first moved out here in June and the 3000K+ sq ft homes were running in the $600K’s. We went by there last week and they were in the high $500k’s with $50-80K in incentives being offered. I think we’ve put ourselves in a pretty good position by renting for the next year or two. We don’t love the house but it’s got adequate space for our growing family and a huge yard. I don’t look forward to living here for another 3+ years, but I think I can deal with another year or two. We had relocated from the Washington DC area to Denver 3 years ago and made the mistake of buying a place on the house-hunting trip my husband’s company paid for. When we decided to relocate to San Diego (via my company this time) we vowed not to make the same mistake, especially when we were in a total panic when trying to sell our home in the much, much more depressed housing market of Denver. Luckily we had an excellent RE agent and sold our house in 8 days!

[arenter]

Yes, I have to agree with you. We were looking at the new divisions out in Arrowood (Breakaway and Bellingham) when we first moved out here in June and the 3000K+ sq ft homes were running in the $600K’s. We went by there last week and they were in the high $500k’s with $50-80K in incentives being offered. I think we’ve put ourselves in a pretty good position by renting for the next year or two. We don’t love the house but it’s got adequate space for our growing family and a huge yard. I don’t look forward to living here for another 3+ years, but I think I can deal with another year or two. We had relocated from the Washington DC area to Denver 3 years ago and made the mistake of buying a place on the house-hunting trip my husband’s company paid for. When we decided to relocate to San Diego (via my company this time) we vowed not to make the same mistake, especially when we were in a total panic when trying to sell our home in the much, much more depressed housing market of Denver. Luckily we had an excellent RE agent and sold our house in 8 days!

[novice1027]

Arenter,
My husband & I have always liked the Montemar homes in the Arrowood developement, although we would never spend that kind of money, espcecially given the surrounding area.
But when we first started looking at those homes about a year ago, they started in the $900k range with no upgrades. Now they are going in the mid $700’s with all of the upgrades, including backyard landscaping!
Amazing!
Kind of fun to watch the thing unravel.
My husband and I could never understand why someone would spend a million dollars on a home and the nearist shopping is K-mart, Wal-Mart, and Big lots!

[novice1027]

Arenter,
My husband & I have always liked the Montemar homes in the Arrowood developement, although we would never spend that kind of money, espcecially given the surrounding area.
But when we first started looking at those homes about a year ago, they started in the $900k range with no upgrades. Now they are going in the mid $700’s with all of the upgrades, including backyard landscaping!
Amazing!
Kind of fun to watch the thing unravel.
My husband and I could never understand why someone would spend a million dollars on a home and the nearist shopping is K-mart, Wal-Mart, and Big lots!

[Author]

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