[bearishgurl]

Amen, Russell and Equalizer!

One of my neighbors has purchased seven cars and an RV and boat in the last few years. All but the boat is parked in the street because they only have a one-car garage, which is – you guessed it – full. They inherited their property free and clear under Prop. 13 ($350 yr. taxes) and then – – you got it – mortgaged it to the hilt after taking out 2 seconds, one HELOC and 7 “cash-out” refi’s. Now they’re pushing retirement age saddled with yet another new “cash-out” 30-year mortgage that just closed. They’ve paid more in closing costs than I took out on my first trust deed! Guess I’m the stupid one still driving a 16 year-old vehicle . . . Hail to CONSUMERISM!!!!

I’m sure I’ll be around to see the day their bank rolls in a 34-foot dumpster – LOL! They’re on “disability.”

[bearishgurl]

Amen, Russell and Equalizer!

One of my neighbors has purchased seven cars and an RV and boat in the last few years. All but the boat is parked in the street because they only have a one-car garage, which is – you guessed it – full. They inherited their property free and clear under Prop. 13 ($350 yr. taxes) and then – – you got it – mortgaged it to the hilt after taking out 2 seconds, one HELOC and 7 “cash-out” refi’s. Now they’re pushing retirement age saddled with yet another new “cash-out” 30-year mortgage that just closed. They’ve paid more in closing costs than I took out on my first trust deed! Guess I’m the stupid one still driving a 16 year-old vehicle . . . Hail to CONSUMERISM!!!!

I’m sure I’ll be around to see the day their bank rolls in a 34-foot dumpster – LOL! They’re on “disability.”

[bearishgurl]

Amen, Russell and Equalizer!

One of my neighbors has purchased seven cars and an RV and boat in the last few years. All but the boat is parked in the street because they only have a one-car garage, which is – you guessed it – full. They inherited their property free and clear under Prop. 13 ($350 yr. taxes) and then – – you got it – mortgaged it to the hilt after taking out 2 seconds, one HELOC and 7 “cash-out” refi’s. Now they’re pushing retirement age saddled with yet another new “cash-out” 30-year mortgage that just closed. They’ve paid more in closing costs than I took out on my first trust deed! Guess I’m the stupid one still driving a 16 year-old vehicle . . . Hail to CONSUMERISM!!!!

I’m sure I’ll be around to see the day their bank rolls in a 34-foot dumpster – LOL! They’re on “disability.”

[bearishgurl]

Yes, Scarlett, I agree that CV is too far away to commute. Sorrento Valley is definitely 45 mins + commute from dtn. CV in rush hr and 35-40 mins. to LJ Cove – I don’t care what anyone else tells you.

Just hang in there for awhile, and wait ’til the tax credits disappear at the end of April to place another offer. Then you will not be bumping into so many bids at each (scarce) listing.

The “loan-mods” you speak of are fundamentally flawed because they do not address the exorbitant principal balance owed. I believe a great percentage of these will turn into “cash for keys” and foreclosures within the year. I also predict the many more bank-owned properties (shadow inventory) will flood the market in the coming months.

There are more two-story homes in 92117 which are in the size you’re looking for. 92111 has mostly (circa 1961) 1600-1800 SF (Mtn. Sts.) single- story properties but some are remodeled with a second story.

Probably Bay Ho (92110) is out of your price range, but have you thought of Bay Park near the flats of Morena Blvd (still 92110)? Your kids would still be eligible to attend the same elem. school. I know a family in Bay Park whose kids are going to school in LJ. If I’m not mistaken, I think Bay Ho and/or Bay Park might be in the LJ High attendance area. Check it out.

Also, try UC’s east side for weed-infested former rentals or foreclosures for price. It’s a little cheaper and you’ll still get to attend UC High.

Don’t be so concerned about elem. school, esp. kindergarten. Your kids have a long way to go and K-3 is mandated to no more than 20 students per classroom in CA public schools. Believe me, I’ve had kids attend elem. school when there were 30+ students-per-room and one attending when there were only 20 students per classroom and there was a HUGE difference in the amount they learned and retained. Your main concern is how well the local high school prepares kids for college entrance. This is the bottom line.

Again, I don’t think age should be a concern at all in coastal zones. Take Pt. Loma for example. 92106 is one of the only zips that has retained most or all of its value during this recession and the average home was built between 1933 and 1945. The top of Fleetridge is one of its “newest” areas and it was built in 1958. These are the among most sought-after properties in the entire county.

I’m not saying you are a SD transplant (most of us are, to some degree) but my experience is that many recent transplants have a propensity to value newer construction over older but in the case of SD’s best locations, the exact opposite is true. It is a difficult concept for many to grasp. PLEASE DO NOT DISCOUNT AGE. AGE-RELATED PROBLEMS CAN BE FIXED. LOCATION CAN NEVER BE FIXED. Just my .02.

[bearishgurl]

Yes, Scarlett, I agree that CV is too far away to commute. Sorrento Valley is definitely 45 mins + commute from dtn. CV in rush hr and 35-40 mins. to LJ Cove – I don’t care what anyone else tells you.

Just hang in there for awhile, and wait ’til the tax credits disappear at the end of April to place another offer. Then you will not be bumping into so many bids at each (scarce) listing.

The “loan-mods” you speak of are fundamentally flawed because they do not address the exorbitant principal balance owed. I believe a great percentage of these will turn into “cash for keys” and foreclosures within the year. I also predict the many more bank-owned properties (shadow inventory) will flood the market in the coming months.

There are more two-story homes in 92117 which are in the size you’re looking for. 92111 has mostly (circa 1961) 1600-1800 SF (Mtn. Sts.) single- story properties but some are remodeled with a second story.

Probably Bay Ho (92110) is out of your price range, but have you thought of Bay Park near the flats of Morena Blvd (still 92110)? Your kids would still be eligible to attend the same elem. school. I know a family in Bay Park whose kids are going to school in LJ. If I’m not mistaken, I think Bay Ho and/or Bay Park might be in the LJ High attendance area. Check it out.

Also, try UC’s east side for weed-infested former rentals or foreclosures for price. It’s a little cheaper and you’ll still get to attend UC High.

Don’t be so concerned about elem. school, esp. kindergarten. Your kids have a long way to go and K-3 is mandated to no more than 20 students per classroom in CA public schools. Believe me, I’ve had kids attend elem. school when there were 30+ students-per-room and one attending when there were only 20 students per classroom and there was a HUGE difference in the amount they learned and retained. Your main concern is how well the local high school prepares kids for college entrance. This is the bottom line.

Again, I don’t think age should be a concern at all in coastal zones. Take Pt. Loma for example. 92106 is one of the only zips that has retained most or all of its value during this recession and the average home was built between 1933 and 1945. The top of Fleetridge is one of its “newest” areas and it was built in 1958. These are the among most sought-after properties in the entire county.

I’m not saying you are a SD transplant (most of us are, to some degree) but my experience is that many recent transplants have a propensity to value newer construction over older but in the case of SD’s best locations, the exact opposite is true. It is a difficult concept for many to grasp. PLEASE DO NOT DISCOUNT AGE. AGE-RELATED PROBLEMS CAN BE FIXED. LOCATION CAN NEVER BE FIXED. Just my .02.

[bearishgurl]

Yes, Scarlett, I agree that CV is too far away to commute. Sorrento Valley is definitely 45 mins + commute from dtn. CV in rush hr and 35-40 mins. to LJ Cove – I don’t care what anyone else tells you.

Just hang in there for awhile, and wait ’til the tax credits disappear at the end of April to place another offer. Then you will not be bumping into so many bids at each (scarce) listing.

The “loan-mods” you speak of are fundamentally flawed because they do not address the exorbitant principal balance owed. I believe a great percentage of these will turn into “cash for keys” and foreclosures within the year. I also predict the many more bank-owned properties (shadow inventory) will flood the market in the coming months.

There are more two-story homes in 92117 which are in the size you’re looking for. 92111 has mostly (circa 1961) 1600-1800 SF (Mtn. Sts.) single- story properties but some are remodeled with a second story.

Probably Bay Ho (92110) is out of your price range, but have you thought of Bay Park near the flats of Morena Blvd (still 92110)? Your kids would still be eligible to attend the same elem. school. I know a family in Bay Park whose kids are going to school in LJ. If I’m not mistaken, I think Bay Ho and/or Bay Park might be in the LJ High attendance area. Check it out.

Also, try UC’s east side for weed-infested former rentals or foreclosures for price. It’s a little cheaper and you’ll still get to attend UC High.

Don’t be so concerned about elem. school, esp. kindergarten. Your kids have a long way to go and K-3 is mandated to no more than 20 students per classroom in CA public schools. Believe me, I’ve had kids attend elem. school when there were 30+ students-per-room and one attending when there were only 20 students per classroom and there was a HUGE difference in the amount they learned and retained. Your main concern is how well the local high school prepares kids for college entrance. This is the bottom line.

Again, I don’t think age should be a concern at all in coastal zones. Take Pt. Loma for example. 92106 is one of the only zips that has retained most or all of its value during this recession and the average home was built between 1933 and 1945. The top of Fleetridge is one of its “newest” areas and it was built in 1958. These are the among most sought-after properties in the entire county.

I’m not saying you are a SD transplant (most of us are, to some degree) but my experience is that many recent transplants have a propensity to value newer construction over older but in the case of SD’s best locations, the exact opposite is true. It is a difficult concept for many to grasp. PLEASE DO NOT DISCOUNT AGE. AGE-RELATED PROBLEMS CAN BE FIXED. LOCATION CAN NEVER BE FIXED. Just my .02.

[bearishgurl]

Yes, Scarlett, I agree that CV is too far away to commute. Sorrento Valley is definitely 45 mins + commute from dtn. CV in rush hr and 35-40 mins. to LJ Cove – I don’t care what anyone else tells you.

Just hang in there for awhile, and wait ’til the tax credits disappear at the end of April to place another offer. Then you will not be bumping into so many bids at each (scarce) listing.

The “loan-mods” you speak of are fundamentally flawed because they do not address the exorbitant principal balance owed. I believe a great percentage of these will turn into “cash for keys” and foreclosures within the year. I also predict the many more bank-owned properties (shadow inventory) will flood the market in the coming months.

There are more two-story homes in 92117 which are in the size you’re looking for. 92111 has mostly (circa 1961) 1600-1800 SF (Mtn. Sts.) single- story properties but some are remodeled with a second story.

Probably Bay Ho (92110) is out of your price range, but have you thought of Bay Park near the flats of Morena Blvd (still 92110)? Your kids would still be eligible to attend the same elem. school. I know a family in Bay Park whose kids are going to school in LJ. If I’m not mistaken, I think Bay Ho and/or Bay Park might be in the LJ High attendance area. Check it out.

Also, try UC’s east side for weed-infested former rentals or foreclosures for price. It’s a little cheaper and you’ll still get to attend UC High.

Don’t be so concerned about elem. school, esp. kindergarten. Your kids have a long way to go and K-3 is mandated to no more than 20 students per classroom in CA public schools. Believe me, I’ve had kids attend elem. school when there were 30+ students-per-room and one attending when there were only 20 students per classroom and there was a HUGE difference in the amount they learned and retained. Your main concern is how well the local high school prepares kids for college entrance. This is the bottom line.

Again, I don’t think age should be a concern at all in coastal zones. Take Pt. Loma for example. 92106 is one of the only zips that has retained most or all of its value during this recession and the average home was built between 1933 and 1945. The top of Fleetridge is one of its “newest” areas and it was built in 1958. These are the among most sought-after properties in the entire county.

I’m not saying you are a SD transplant (most of us are, to some degree) but my experience is that many recent transplants have a propensity to value newer construction over older but in the case of SD’s best locations, the exact opposite is true. It is a difficult concept for many to grasp. PLEASE DO NOT DISCOUNT AGE. AGE-RELATED PROBLEMS CAN BE FIXED. LOCATION CAN NEVER BE FIXED. Just my .02.

[bearishgurl]

Yes, Scarlett, I agree that CV is too far away to commute. Sorrento Valley is definitely 45 mins + commute from dtn. CV in rush hr and 35-40 mins. to LJ Cove – I don’t care what anyone else tells you.

Just hang in there for awhile, and wait ’til the tax credits disappear at the end of April to place another offer. Then you will not be bumping into so many bids at each (scarce) listing.

The “loan-mods” you speak of are fundamentally flawed because they do not address the exorbitant principal balance owed. I believe a great percentage of these will turn into “cash for keys” and foreclosures within the year. I also predict the many more bank-owned properties (shadow inventory) will flood the market in the coming months.

There are more two-story homes in 92117 which are in the size you’re looking for. 92111 has mostly (circa 1961) 1600-1800 SF (Mtn. Sts.) single- story properties but some are remodeled with a second story.

Probably Bay Ho (92110) is out of your price range, but have you thought of Bay Park near the flats of Morena Blvd (still 92110)? Your kids would still be eligible to attend the same elem. school. I know a family in Bay Park whose kids are going to school in LJ. If I’m not mistaken, I think Bay Ho and/or Bay Park might be in the LJ High attendance area. Check it out.

Also, try UC’s east side for weed-infested former rentals or foreclosures for price. It’s a little cheaper and you’ll still get to attend UC High.

Don’t be so concerned about elem. school, esp. kindergarten. Your kids have a long way to go and K-3 is mandated to no more than 20 students per classroom in CA public schools. Believe me, I’ve had kids attend elem. school when there were 30+ students-per-room and one attending when there were only 20 students per classroom and there was a HUGE difference in the amount they learned and retained. Your main concern is how well the local high school prepares kids for college entrance. This is the bottom line.

Again, I don’t think age should be a concern at all in coastal zones. Take Pt. Loma for example. 92106 is one of the only zips that has retained most or all of its value during this recession and the average home was built between 1933 and 1945. The top of Fleetridge is one of its “newest” areas and it was built in 1958. These are the among most sought-after properties in the entire county.

I’m not saying you are a SD transplant (most of us are, to some degree) but my experience is that many recent transplants have a propensity to value newer construction over older but in the case of SD’s best locations, the exact opposite is true. It is a difficult concept for many to grasp. PLEASE DO NOT DISCOUNT AGE. AGE-RELATED PROBLEMS CAN BE FIXED. LOCATION CAN NEVER BE FIXED. Just my .02.

[bearishgurl]

Kibu, right on. CV is a jewel.

I joined Pigg back near when it started and am very intrigued by this discussion. I grew up in Alameda County (bay area) and lived in downtown and SE SD from ’79 to ’92 and Bonita and CV since then. Bonita and CV are fantastic places to live and raise a family.

The best zips are:

91902: zoned 3 or less units per acre; only one rental complex in area with 32,000 pop.; 90% SFR; 3 public elem. schools (all good); Feeds into Bonita Vista Middle and High Schools in CV, both good; CV Golf Course to walk/run around (3.3 mi.); 14-16 miles to downtown SD; assessment rate of .098 + extermination fee and sewer fee; avg. house age is about 35 years old.

91910: many properties bet. I-805 to just east of 2nd Ave. are 1/4, 1/3 and 1/2 acre lots; walkable community with mature tree easement between wide sidewalk and street in inc. areas; excellent construction with raised foundation in many homes; 9-11 miles to downtown SD; several good elem. schools; feeds into Hilltop middle/high AND CV middle/high, both good; assessnent rate is .11; avg house age is 60 years old.

I have kids and even if I had the money, I would not pay $9000+ a year (1st kid) to send my kids to Mater Dei (Catholic) HS. Why would anyone do that when the public schools are preparing these kids for college through the IB program and AP classes? If you knew what these kids had to do to graduate HS these days, you’d be shocked!

Scarlett, you started this thread but appear not to be too familiar with SD County. Central CV (NOT the neighborhoods that have been previously mentioned on this thread) and Bonita do NOT have MR (props. assessed at roughly 2.7% of value) and there is HOA in very few communities in these two areas (for the most part, annual dues only). 91902/91910 are 40-45 mins. from Sorrento Valley. Otay Ranch Mall (“Windingwalk” like you mentioned earlier) is 10-12 more miles SE. All of these “newer” areas are annexed zip codes to CV. The lots there avg. 3500-4000 SF and all those units are subject to MR and HOA, adding $700+ a month to the costs. In addition, Otay Ranch currently has an extremely high foreclosure rate, some streets having more than 8-10 bank-owned vacant “shadow inventory” just sitting.

I have been a RE licensee since 1984 and have seen A LOT of stuff in my day. I’ve also owned several homes in SD County. Coastal zone property has historically held its value while inland property has been subject to great fluctuations. I agree that property prices are currently flat and after 4/30 (when the tax incentive is gone), I believe much more inventory will be dumped on the market.

If I were you, I would NOT commute at all. Life can be short. DO NOT DISCOUNT SIZE AND AGE! These things are NOT important in this county and have NOTHING do with value. LOCATION is the only thing that is important. Listen to the posters here and look at 30+ year-old homes in UC and 40+ year-old homes in Clairemont (92111/92117). Take Genessee or Governor Dr. to work. You can remodel little by little. Your kids don’t need gigantic rooms. There are many large lots and canyon lots in these areas. SDUSD has zone transfers and magnet programs available. Standley Middle and UC High are great schools. Other great HS’s in SD are Pt. Loma, Henry, Scripps Ranch and La Jolla. There are many noteable elem. schools.

‘Nuff said. Don’t get wrapped up in new construction hoopla. There aren’t any comps to support the inflated prices the developers are asking.

[bearishgurl]

Kibu, right on. CV is a jewel.

I joined Pigg back near when it started and am very intrigued by this discussion. I grew up in Alameda County (bay area) and lived in downtown and SE SD from ’79 to ’92 and Bonita and CV since then. Bonita and CV are fantastic places to live and raise a family.

The best zips are:

91902: zoned 3 or less units per acre; only one rental complex in area with 32,000 pop.; 90% SFR; 3 public elem. schools (all good); Feeds into Bonita Vista Middle and High Schools in CV, both good; CV Golf Course to walk/run around (3.3 mi.); 14-16 miles to downtown SD; assessment rate of .098 + extermination fee and sewer fee; avg. house age is about 35 years old.

91910: many properties bet. I-805 to just east of 2nd Ave. are 1/4, 1/3 and 1/2 acre lots; walkable community with mature tree easement between wide sidewalk and street in inc. areas; excellent construction with raised foundation in many homes; 9-11 miles to downtown SD; several good elem. schools; feeds into Hilltop middle/high AND CV middle/high, both good; assessnent rate is .11; avg house age is 60 years old.

I have kids and even if I had the money, I would not pay $9000+ a year (1st kid) to send my kids to Mater Dei (Catholic) HS. Why would anyone do that when the public schools are preparing these kids for college through the IB program and AP classes? If you knew what these kids had to do to graduate HS these days, you’d be shocked!

Scarlett, you started this thread but appear not to be too familiar with SD County. Central CV (NOT the neighborhoods that have been previously mentioned on this thread) and Bonita do NOT have MR (props. assessed at roughly 2.7% of value) and there is HOA in very few communities in these two areas (for the most part, annual dues only). 91902/91910 are 40-45 mins. from Sorrento Valley. Otay Ranch Mall (“Windingwalk” like you mentioned earlier) is 10-12 more miles SE. All of these “newer” areas are annexed zip codes to CV. The lots there avg. 3500-4000 SF and all those units are subject to MR and HOA, adding $700+ a month to the costs. In addition, Otay Ranch currently has an extremely high foreclosure rate, some streets having more than 8-10 bank-owned vacant “shadow inventory” just sitting.

I have been a RE licensee since 1984 and have seen A LOT of stuff in my day. I’ve also owned several homes in SD County. Coastal zone property has historically held its value while inland property has been subject to great fluctuations. I agree that property prices are currently flat and after 4/30 (when the tax incentive is gone), I believe much more inventory will be dumped on the market.

If I were you, I would NOT commute at all. Life can be short. DO NOT DISCOUNT SIZE AND AGE! These things are NOT important in this county and have NOTHING do with value. LOCATION is the only thing that is important. Listen to the posters here and look at 30+ year-old homes in UC and 40+ year-old homes in Clairemont (92111/92117). Take Genessee or Governor Dr. to work. You can remodel little by little. Your kids don’t need gigantic rooms. There are many large lots and canyon lots in these areas. SDUSD has zone transfers and magnet programs available. Standley Middle and UC High are great schools. Other great HS’s in SD are Pt. Loma, Henry, Scripps Ranch and La Jolla. There are many noteable elem. schools.

‘Nuff said. Don’t get wrapped up in new construction hoopla. There aren’t any comps to support the inflated prices the developers are asking.

[bearishgurl]

Kibu, right on. CV is a jewel.

I joined Pigg back near when it started and am very intrigued by this discussion. I grew up in Alameda County (bay area) and lived in downtown and SE SD from ’79 to ’92 and Bonita and CV since then. Bonita and CV are fantastic places to live and raise a family.

The best zips are:

91902: zoned 3 or less units per acre; only one rental complex in area with 32,000 pop.; 90% SFR; 3 public elem. schools (all good); Feeds into Bonita Vista Middle and High Schools in CV, both good; CV Golf Course to walk/run around (3.3 mi.); 14-16 miles to downtown SD; assessment rate of .098 + extermination fee and sewer fee; avg. house age is about 35 years old.

91910: many properties bet. I-805 to just east of 2nd Ave. are 1/4, 1/3 and 1/2 acre lots; walkable community with mature tree easement between wide sidewalk and street in inc. areas; excellent construction with raised foundation in many homes; 9-11 miles to downtown SD; several good elem. schools; feeds into Hilltop middle/high AND CV middle/high, both good; assessnent rate is .11; avg house age is 60 years old.

I have kids and even if I had the money, I would not pay $9000+ a year (1st kid) to send my kids to Mater Dei (Catholic) HS. Why would anyone do that when the public schools are preparing these kids for college through the IB program and AP classes? If you knew what these kids had to do to graduate HS these days, you’d be shocked!

Scarlett, you started this thread but appear not to be too familiar with SD County. Central CV (NOT the neighborhoods that have been previously mentioned on this thread) and Bonita do NOT have MR (props. assessed at roughly 2.7% of value) and there is HOA in very few communities in these two areas (for the most part, annual dues only). 91902/91910 are 40-45 mins. from Sorrento Valley. Otay Ranch Mall (“Windingwalk” like you mentioned earlier) is 10-12 more miles SE. All of these “newer” areas are annexed zip codes to CV. The lots there avg. 3500-4000 SF and all those units are subject to MR and HOA, adding $700+ a month to the costs. In addition, Otay Ranch currently has an extremely high foreclosure rate, some streets having more than 8-10 bank-owned vacant “shadow inventory” just sitting.

I have been a RE licensee since 1984 and have seen A LOT of stuff in my day. I’ve also owned several homes in SD County. Coastal zone property has historically held its value while inland property has been subject to great fluctuations. I agree that property prices are currently flat and after 4/30 (when the tax incentive is gone), I believe much more inventory will be dumped on the market.

If I were you, I would NOT commute at all. Life can be short. DO NOT DISCOUNT SIZE AND AGE! These things are NOT important in this county and have NOTHING do with value. LOCATION is the only thing that is important. Listen to the posters here and look at 30+ year-old homes in UC and 40+ year-old homes in Clairemont (92111/92117). Take Genessee or Governor Dr. to work. You can remodel little by little. Your kids don’t need gigantic rooms. There are many large lots and canyon lots in these areas. SDUSD has zone transfers and magnet programs available. Standley Middle and UC High are great schools. Other great HS’s in SD are Pt. Loma, Henry, Scripps Ranch and La Jolla. There are many noteable elem. schools.

‘Nuff said. Don’t get wrapped up in new construction hoopla. There aren’t any comps to support the inflated prices the developers are asking.

[bearishgurl]

Kibu, right on. CV is a jewel.

I joined Pigg back near when it started and am very intrigued by this discussion. I grew up in Alameda County (bay area) and lived in downtown and SE SD from ’79 to ’92 and Bonita and CV since then. Bonita and CV are fantastic places to live and raise a family.

The best zips are:

91902: zoned 3 or less units per acre; only one rental complex in area with 32,000 pop.; 90% SFR; 3 public elem. schools (all good); Feeds into Bonita Vista Middle and High Schools in CV, both good; CV Golf Course to walk/run around (3.3 mi.); 14-16 miles to downtown SD; assessment rate of .098 + extermination fee and sewer fee; avg. house age is about 35 years old.

91910: many properties bet. I-805 to just east of 2nd Ave. are 1/4, 1/3 and 1/2 acre lots; walkable community with mature tree easement between wide sidewalk and street in inc. areas; excellent construction with raised foundation in many homes; 9-11 miles to downtown SD; several good elem. schools; feeds into Hilltop middle/high AND CV middle/high, both good; assessnent rate is .11; avg house age is 60 years old.

I have kids and even if I had the money, I would not pay $9000+ a year (1st kid) to send my kids to Mater Dei (Catholic) HS. Why would anyone do that when the public schools are preparing these kids for college through the IB program and AP classes? If you knew what these kids had to do to graduate HS these days, you’d be shocked!

Scarlett, you started this thread but appear not to be too familiar with SD County. Central CV (NOT the neighborhoods that have been previously mentioned on this thread) and Bonita do NOT have MR (props. assessed at roughly 2.7% of value) and there is HOA in very few communities in these two areas (for the most part, annual dues only). 91902/91910 are 40-45 mins. from Sorrento Valley. Otay Ranch Mall (“Windingwalk” like you mentioned earlier) is 10-12 more miles SE. All of these “newer” areas are annexed zip codes to CV. The lots there avg. 3500-4000 SF and all those units are subject to MR and HOA, adding $700+ a month to the costs. In addition, Otay Ranch currently has an extremely high foreclosure rate, some streets having more than 8-10 bank-owned vacant “shadow inventory” just sitting.

I have been a RE licensee since 1984 and have seen A LOT of stuff in my day. I’ve also owned several homes in SD County. Coastal zone property has historically held its value while inland property has been subject to great fluctuations. I agree that property prices are currently flat and after 4/30 (when the tax incentive is gone), I believe much more inventory will be dumped on the market.

If I were you, I would NOT commute at all. Life can be short. DO NOT DISCOUNT SIZE AND AGE! These things are NOT important in this county and have NOTHING do with value. LOCATION is the only thing that is important. Listen to the posters here and look at 30+ year-old homes in UC and 40+ year-old homes in Clairemont (92111/92117). Take Genessee or Governor Dr. to work. You can remodel little by little. Your kids don’t need gigantic rooms. There are many large lots and canyon lots in these areas. SDUSD has zone transfers and magnet programs available. Standley Middle and UC High are great schools. Other great HS’s in SD are Pt. Loma, Henry, Scripps Ranch and La Jolla. There are many noteable elem. schools.

‘Nuff said. Don’t get wrapped up in new construction hoopla. There aren’t any comps to support the inflated prices the developers are asking.

[bearishgurl]

Kibu, right on. CV is a jewel.

I joined Pigg back near when it started and am very intrigued by this discussion. I grew up in Alameda County (bay area) and lived in downtown and SE SD from ’79 to ’92 and Bonita and CV since then. Bonita and CV are fantastic places to live and raise a family.

The best zips are:

91902: zoned 3 or less units per acre; only one rental complex in area with 32,000 pop.; 90% SFR; 3 public elem. schools (all good); Feeds into Bonita Vista Middle and High Schools in CV, both good; CV Golf Course to walk/run around (3.3 mi.); 14-16 miles to downtown SD; assessment rate of .098 + extermination fee and sewer fee; avg. house age is about 35 years old.

91910: many properties bet. I-805 to just east of 2nd Ave. are 1/4, 1/3 and 1/2 acre lots; walkable community with mature tree easement between wide sidewalk and street in inc. areas; excellent construction with raised foundation in many homes; 9-11 miles to downtown SD; several good elem. schools; feeds into Hilltop middle/high AND CV middle/high, both good; assessnent rate is .11; avg house age is 60 years old.

I have kids and even if I had the money, I would not pay $9000+ a year (1st kid) to send my kids to Mater Dei (Catholic) HS. Why would anyone do that when the public schools are preparing these kids for college through the IB program and AP classes? If you knew what these kids had to do to graduate HS these days, you’d be shocked!

Scarlett, you started this thread but appear not to be too familiar with SD County. Central CV (NOT the neighborhoods that have been previously mentioned on this thread) and Bonita do NOT have MR (props. assessed at roughly 2.7% of value) and there is HOA in very few communities in these two areas (for the most part, annual dues only). 91902/91910 are 40-45 mins. from Sorrento Valley. Otay Ranch Mall (“Windingwalk” like you mentioned earlier) is 10-12 more miles SE. All of these “newer” areas are annexed zip codes to CV. The lots there avg. 3500-4000 SF and all those units are subject to MR and HOA, adding $700+ a month to the costs. In addition, Otay Ranch currently has an extremely high foreclosure rate, some streets having more than 8-10 bank-owned vacant “shadow inventory” just sitting.

I have been a RE licensee since 1984 and have seen A LOT of stuff in my day. I’ve also owned several homes in SD County. Coastal zone property has historically held its value while inland property has been subject to great fluctuations. I agree that property prices are currently flat and after 4/30 (when the tax incentive is gone), I believe much more inventory will be dumped on the market.

If I were you, I would NOT commute at all. Life can be short. DO NOT DISCOUNT SIZE AND AGE! These things are NOT important in this county and have NOTHING do with value. LOCATION is the only thing that is important. Listen to the posters here and look at 30+ year-old homes in UC and 40+ year-old homes in Clairemont (92111/92117). Take Genessee or Governor Dr. to work. You can remodel little by little. Your kids don’t need gigantic rooms. There are many large lots and canyon lots in these areas. SDUSD has zone transfers and magnet programs available. Standley Middle and UC High are great schools. Other great HS’s in SD are Pt. Loma, Henry, Scripps Ranch and La Jolla. There are many noteable elem. schools.

‘Nuff said. Don’t get wrapped up in new construction hoopla. There aren’t any comps to support the inflated prices the developers are asking.

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