Relo to San Diego

[Ren]

Yeah, living close to the coast really sucks … in May and June, that is. I would trade in my central A/C unit and the associated bills and for about 30 extra days of coastal fog anytime.

No doubt. We live in CV just east of the 5 off Del Mar Heights, and we haven’t turned on AC or heater in over a year. I LOVE this weather. This coming from someone who lived and worked in Rancho Bernardo/Carmel Mountain. I will never live inland again.

[SD Realtor]

Don’t expect much relief this spring if you are looking at coastal properties, especially detached homes. My expectations are that later in the summer you should see a bit of relief. I have seen alot of listings coming on line again and the inventory is starting to roll up. In places like Scripps, PQ and MM I have even seen REO and shorts come out with very aggressive pricing. Those that do get alot of activities and even offers. Spring is typically a seasonal boon for real estate.

No this is not an endorsement of a bull market. Just a statement that there is ALOT more activity in Feb/March/April then there is in July/Aug/Sept.

SD Realtor

[SD Realtor]

Don’t expect much relief this spring if you are looking at coastal properties, especially detached homes. My expectations are that later in the summer you should see a bit of relief. I have seen alot of listings coming on line again and the inventory is starting to roll up. In places like Scripps, PQ and MM I have even seen REO and shorts come out with very aggressive pricing. Those that do get alot of activities and even offers. Spring is typically a seasonal boon for real estate.

No this is not an endorsement of a bull market. Just a statement that there is ALOT more activity in Feb/March/April then there is in July/Aug/Sept.

SD Realtor

[SD Realtor]

Don’t expect much relief this spring if you are looking at coastal properties, especially detached homes. My expectations are that later in the summer you should see a bit of relief. I have seen alot of listings coming on line again and the inventory is starting to roll up. In places like Scripps, PQ and MM I have even seen REO and shorts come out with very aggressive pricing. Those that do get alot of activities and even offers. Spring is typically a seasonal boon for real estate.

No this is not an endorsement of a bull market. Just a statement that there is ALOT more activity in Feb/March/April then there is in July/Aug/Sept.

SD Realtor

[SD Realtor]

Don’t expect much relief this spring if you are looking at coastal properties, especially detached homes. My expectations are that later in the summer you should see a bit of relief. I have seen alot of listings coming on line again and the inventory is starting to roll up. In places like Scripps, PQ and MM I have even seen REO and shorts come out with very aggressive pricing. Those that do get alot of activities and even offers. Spring is typically a seasonal boon for real estate.

No this is not an endorsement of a bull market. Just a statement that there is ALOT more activity in Feb/March/April then there is in July/Aug/Sept.

SD Realtor

[SD Realtor]

Don’t expect much relief this spring if you are looking at coastal properties, especially detached homes. My expectations are that later in the summer you should see a bit of relief. I have seen alot of listings coming on line again and the inventory is starting to roll up. In places like Scripps, PQ and MM I have even seen REO and shorts come out with very aggressive pricing. Those that do get alot of activities and even offers. Spring is typically a seasonal boon for real estate.

No this is not an endorsement of a bull market. Just a statement that there is ALOT more activity in Feb/March/April then there is in July/Aug/Sept.

SD Realtor

[NewtoSanDiego]

I guess the nicer areas are always the last to fall.

Been seeing similar thing in DC area, PG county and other areas have been hammered. Nicer areas like Great Falls, Potomac, Chevy Chase seem to be holding firm. Time will tell.

DC area is well diversified with alot of govt employees, Beltway Bandits (govt contractors), bio tech, etc. If govt spending craters it will get hit.

Friends in DOD are saying Navy budget is gonna get hammered in next budget cycle. It will probably trend down for next few years. Army and Marines have been bearing brunt of the continued Iraq, Afghan operations.

Although not considered a “Navy town” anymore, San Diego will probably get hit on this front also.

[NewtoSanDiego]

I guess the nicer areas are always the last to fall.

Been seeing similar thing in DC area, PG county and other areas have been hammered. Nicer areas like Great Falls, Potomac, Chevy Chase seem to be holding firm. Time will tell.

DC area is well diversified with alot of govt employees, Beltway Bandits (govt contractors), bio tech, etc. If govt spending craters it will get hit.

Friends in DOD are saying Navy budget is gonna get hammered in next budget cycle. It will probably trend down for next few years. Army and Marines have been bearing brunt of the continued Iraq, Afghan operations.

Although not considered a “Navy town” anymore, San Diego will probably get hit on this front also.

[NewtoSanDiego]

I guess the nicer areas are always the last to fall.

Been seeing similar thing in DC area, PG county and other areas have been hammered. Nicer areas like Great Falls, Potomac, Chevy Chase seem to be holding firm. Time will tell.

DC area is well diversified with alot of govt employees, Beltway Bandits (govt contractors), bio tech, etc. If govt spending craters it will get hit.

Friends in DOD are saying Navy budget is gonna get hammered in next budget cycle. It will probably trend down for next few years. Army and Marines have been bearing brunt of the continued Iraq, Afghan operations.

Although not considered a “Navy town” anymore, San Diego will probably get hit on this front also.

[NewtoSanDiego]

I guess the nicer areas are always the last to fall.

Been seeing similar thing in DC area, PG county and other areas have been hammered. Nicer areas like Great Falls, Potomac, Chevy Chase seem to be holding firm. Time will tell.

DC area is well diversified with alot of govt employees, Beltway Bandits (govt contractors), bio tech, etc. If govt spending craters it will get hit.

Friends in DOD are saying Navy budget is gonna get hammered in next budget cycle. It will probably trend down for next few years. Army and Marines have been bearing brunt of the continued Iraq, Afghan operations.

Although not considered a “Navy town” anymore, San Diego will probably get hit on this front also.

[NewtoSanDiego]

I guess the nicer areas are always the last to fall.

Been seeing similar thing in DC area, PG county and other areas have been hammered. Nicer areas like Great Falls, Potomac, Chevy Chase seem to be holding firm. Time will tell.

DC area is well diversified with alot of govt employees, Beltway Bandits (govt contractors), bio tech, etc. If govt spending craters it will get hit.

Friends in DOD are saying Navy budget is gonna get hammered in next budget cycle. It will probably trend down for next few years. Army and Marines have been bearing brunt of the continued Iraq, Afghan operations.

Although not considered a “Navy town” anymore, San Diego will probably get hit on this front also.

[paramount]

Having moved from the DC Area myself, it doesn’t seem like DC has taken the same hit as So. Cal. in terms of housing. And yet, the prices went straight up just like in So. Cal.

I consider the DC Area to be the largest welfare region in the country – and I am referring to all of the gov’t and gov’t related jobs. DC is recession proof by sucking the life blood out of the rest of the nation.

[paramount]

Having moved from the DC Area myself, it doesn’t seem like DC has taken the same hit as So. Cal. in terms of housing. And yet, the prices went straight up just like in So. Cal.

I consider the DC Area to be the largest welfare region in the country – and I am referring to all of the gov’t and gov’t related jobs. DC is recession proof by sucking the life blood out of the rest of the nation.

[paramount]

Having moved from the DC Area myself, it doesn’t seem like DC has taken the same hit as So. Cal. in terms of housing. And yet, the prices went straight up just like in So. Cal.

I consider the DC Area to be the largest welfare region in the country – and I am referring to all of the gov’t and gov’t related jobs. DC is recession proof by sucking the life blood out of the rest of the nation.

[paramount]

Having moved from the DC Area myself, it doesn’t seem like DC has taken the same hit as So. Cal. in terms of housing. And yet, the prices went straight up just like in So. Cal.

I consider the DC Area to be the largest welfare region in the country – and I am referring to all of the gov’t and gov’t related jobs. DC is recession proof by sucking the life blood out of the rest of the nation.

[Author]

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