[San Diego Native]

San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!

[San Diego Native]

San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!

[San Diego Native]

San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!

[San Diego Native]

San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!

[San Diego Native]

San Diego homeowners (probably 80%) with tons of equity and fat investments could care less. We are living in the dream houses we purchased for the high five or low six figures, (most with $500-1000 payments, or less) and are also watching this fiasco unravel.

Those who came to the party late, are in over their heads, and are grabbing all of the headlines now because of their bad busines decisions, but most of us who call this city home are just fine and enjoying life–thanks!!

[San Diego Native]

As mentioned in my previous post, the answer to your question, “PF” is that, “yes,” you will be able to find a fantastic home in the $1.5-$2.5MM range in San Diego county, and “yes” you will get more for your money by waiting a little longer–how much longer, well???

We got into a huge home in La Jolla for the low six figures, pre-boom, and I doubt if it will drop that far again–but you never know. It doesn’t matter to us, because, as other posters have mentioned, we live here because it’s the lifestyle that we love. Our kids will soon graduate from high school, and have grown up to be great human beings.

You’ll just have to monitor the specific area of town you are interested in based on many personal factors, and watch for the “great deal” you are looking for.

[San Diego Native]

As mentioned in my previous post, the answer to your question, “PF” is that, “yes,” you will be able to find a fantastic home in the $1.5-$2.5MM range in San Diego county, and “yes” you will get more for your money by waiting a little longer–how much longer, well???

We got into a huge home in La Jolla for the low six figures, pre-boom, and I doubt if it will drop that far again–but you never know. It doesn’t matter to us, because, as other posters have mentioned, we live here because it’s the lifestyle that we love. Our kids will soon graduate from high school, and have grown up to be great human beings.

You’ll just have to monitor the specific area of town you are interested in based on many personal factors, and watch for the “great deal” you are looking for.

[San Diego Native]

As mentioned in my previous post, the answer to your question, “PF” is that, “yes,” you will be able to find a fantastic home in the $1.5-$2.5MM range in San Diego county, and “yes” you will get more for your money by waiting a little longer–how much longer, well???

We got into a huge home in La Jolla for the low six figures, pre-boom, and I doubt if it will drop that far again–but you never know. It doesn’t matter to us, because, as other posters have mentioned, we live here because it’s the lifestyle that we love. Our kids will soon graduate from high school, and have grown up to be great human beings.

You’ll just have to monitor the specific area of town you are interested in based on many personal factors, and watch for the “great deal” you are looking for.

[San Diego Native]

As mentioned in my previous post, the answer to your question, “PF” is that, “yes,” you will be able to find a fantastic home in the $1.5-$2.5MM range in San Diego county, and “yes” you will get more for your money by waiting a little longer–how much longer, well???

We got into a huge home in La Jolla for the low six figures, pre-boom, and I doubt if it will drop that far again–but you never know. It doesn’t matter to us, because, as other posters have mentioned, we live here because it’s the lifestyle that we love. Our kids will soon graduate from high school, and have grown up to be great human beings.

You’ll just have to monitor the specific area of town you are interested in based on many personal factors, and watch for the “great deal” you are looking for.

[San Diego Native]

As mentioned in my previous post, the answer to your question, “PF” is that, “yes,” you will be able to find a fantastic home in the $1.5-$2.5MM range in San Diego county, and “yes” you will get more for your money by waiting a little longer–how much longer, well???

We got into a huge home in La Jolla for the low six figures, pre-boom, and I doubt if it will drop that far again–but you never know. It doesn’t matter to us, because, as other posters have mentioned, we live here because it’s the lifestyle that we love. Our kids will soon graduate from high school, and have grown up to be great human beings.

You’ll just have to monitor the specific area of town you are interested in based on many personal factors, and watch for the “great deal” you are looking for.

[San Diego Native]

PF

IMHO the “bottom” you are looking for will vary depending on the area of San Diego in which you are looking. In my area of La Jolla, most of the homes now selling in the
$4-5MM+ range seem to be holding, and even appreciating.

In this, and other “high end” areas, like Rancho Santa Fe, Del Mar, etc., friends are seeing lots of foreign buyers paying cash, so employment issues and loans are not a factor.

Realize, about 80%+ of San Diego homeowners–low to high end–purchased their homes for an extremely reasonable price–prior to the “big boom” years–did not HELOC themselves to ruin–and are fat with equity.

That said, you WILL find the bargain you are looking for in the other 20% or so of homebuyers who got in way over their heads. Simply choose the area in which you want to live, and just keep making those lowball offers.

Good luck!!

[San Diego Native]

PF

IMHO the “bottom” you are looking for will vary depending on the area of San Diego in which you are looking. In my area of La Jolla, most of the homes now selling in the
$4-5MM+ range seem to be holding, and even appreciating.

In this, and other “high end” areas, like Rancho Santa Fe, Del Mar, etc., friends are seeing lots of foreign buyers paying cash, so employment issues and loans are not a factor.

Realize, about 80%+ of San Diego homeowners–low to high end–purchased their homes for an extremely reasonable price–prior to the “big boom” years–did not HELOC themselves to ruin–and are fat with equity.

That said, you WILL find the bargain you are looking for in the other 20% or so of homebuyers who got in way over their heads. Simply choose the area in which you want to live, and just keep making those lowball offers.

Good luck!!

[San Diego Native]

PF

IMHO the “bottom” you are looking for will vary depending on the area of San Diego in which you are looking. In my area of La Jolla, most of the homes now selling in the
$4-5MM+ range seem to be holding, and even appreciating.

In this, and other “high end” areas, like Rancho Santa Fe, Del Mar, etc., friends are seeing lots of foreign buyers paying cash, so employment issues and loans are not a factor.

Realize, about 80%+ of San Diego homeowners–low to high end–purchased their homes for an extremely reasonable price–prior to the “big boom” years–did not HELOC themselves to ruin–and are fat with equity.

That said, you WILL find the bargain you are looking for in the other 20% or so of homebuyers who got in way over their heads. Simply choose the area in which you want to live, and just keep making those lowball offers.

Good luck!!

[San Diego Native]

PF

IMHO the “bottom” you are looking for will vary depending on the area of San Diego in which you are looking. In my area of La Jolla, most of the homes now selling in the
$4-5MM+ range seem to be holding, and even appreciating.

In this, and other “high end” areas, like Rancho Santa Fe, Del Mar, etc., friends are seeing lots of foreign buyers paying cash, so employment issues and loans are not a factor.

Realize, about 80%+ of San Diego homeowners–low to high end–purchased their homes for an extremely reasonable price–prior to the “big boom” years–did not HELOC themselves to ruin–and are fat with equity.

That said, you WILL find the bargain you are looking for in the other 20% or so of homebuyers who got in way over their heads. Simply choose the area in which you want to live, and just keep making those lowball offers.

Good luck!!

[San Diego Native]

PF

IMHO the “bottom” you are looking for will vary depending on the area of San Diego in which you are looking. In my area of La Jolla, most of the homes now selling in the
$4-5MM+ range seem to be holding, and even appreciating.

In this, and other “high end” areas, like Rancho Santa Fe, Del Mar, etc., friends are seeing lots of foreign buyers paying cash, so employment issues and loans are not a factor.

Realize, about 80%+ of San Diego homeowners–low to high end–purchased their homes for an extremely reasonable price–prior to the “big boom” years–did not HELOC themselves to ruin–and are fat with equity.

That said, you WILL find the bargain you are looking for in the other 20% or so of homebuyers who got in way over their heads. Simply choose the area in which you want to live, and just keep making those lowball offers.

Good luck!!

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