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San Diego Native
Participantbeachlover
You certainly don’t have to apologize for enjoying the San Diego lifestyle for over 20 years and wishing to move forward again. We have friends who are in the same situation–long-time San Diego residents with great homes that were paid off long ago (even though we’re all only in our 40’s)and lotsa cash–waiting for the right time to move up again.
Like you, they are fully aware of the real estate situation in San Diego County, and are being very careful. They have everything they want, are grateful for what they have, and would never wish anything but the best for others.
Probably best just to ignore miserable people, and focus on advice from those who have achieved their ultimate goals. After all, they are the ones who have proven themselves in life.
Good luck in your quest!!
September 27, 2007 at 10:52 PM in reply to: Fairbanks Ranch vs. Santaluz vs. Cielo vs. rest of Rancho Santa Fe #86202ParticipantJust a comment about Cielo.
A couple of families we know moved from La Jolla to Cielo, and are now thinking about moving again–it’s beautiful, but a bit inconvenient, when it comes to getting kids to school, errands, and to the I-5, etc.
We have a little clique we like to call “Hollywood South,”
writers, producers, actors etc., etc., who work in the film and TV industry in LA, but choose to raise our families in the La Jolla area, so we do like to have access to the I-5, if we have to drive up. Most times, we fly, so it’s generally of no consequence, but if one had to negotiate Del Dios on a daily basis, it could get old.Just something to consider.
September 27, 2007 at 12:56 PM in reply to: Fairbanks Ranch vs. Santaluz vs. Cielo vs. rest of Rancho Santa Fe #86122ParticipantAs a native who has lived in La Jolla for over 20 years I would definitely suggest renting in this market–that is what we are suggesting to friends who want to move here.
We were very fortunate to get over an acre with ocean and golf course views in the low six-figures when we purchased our home, but for those who are just now entering the market here, waiting for the inevitable price drops would seem to be the wise choice.
Whatever you do–ENJOY!!
ParticipantTotally agree sdrealtor.
Thousands of people in San Diego purchased their homes years ago, (we did, even though we’re still in our 40’s) did not HELOC themselves to death, saved a fortune, and are enjoying their lives.
ParticipantTotally agree sdrealtor.
Thousands of people in San Diego purchased their homes years ago, (we did, even though we’re still in our 40’s) did not HELOC themselves to death, saved a fortune, and are enjoying their lives.
ParticipantTotally agree sdrealtor.
Thousands of people in San Diego purchased their homes years ago, (we did, even though we’re still in our 40’s) did not HELOC themselves to death, saved a fortune, and are enjoying their lives.
ParticipantAs a Native San Diegan (La Jolla) who has also lived many other places in the world for extended periods of time, the lifestyle my family and I enjoy here, is perfect for us. Both my wife and I (who are in our 40’s) work in the very fast paced world of entertainment–film and television–in Hollywood (which, by the way, is where the REAL money is these days) but wanted to raise our kids in a more normal atmosphere near both of our very large extended families. We’re never bored, because we have the best of both worlds, and love every minute of it!
ParticipantAs a Native San Diegan (La Jolla) who has also lived many other places in the world for extended periods of time, the lifestyle my family and I enjoy here, is perfect for us. Both my wife and I (who are in our 40’s) work in the very fast paced world of entertainment–film and television–in Hollywood (which, by the way, is where the REAL money is these days) but wanted to raise our kids in a more normal atmosphere near both of our very large extended families. We’re never bored, because we have the best of both worlds, and love every minute of it!
ParticipantAs a Native San Diegan (La Jolla) who has also lived many other places in the world for extended periods of time, the lifestyle my family and I enjoy here, is perfect for us. Both my wife and I (who are in our 40’s) work in the very fast paced world of entertainment–film and television–in Hollywood (which, by the way, is where the REAL money is these days) but wanted to raise our kids in a more normal atmosphere near both of our very large extended families. We’re never bored, because we have the best of both worlds, and love every minute of it!
ParticipantRegarding Coastal Properties. . .
Just about everyone in my family (about 30+ of us now) have lived along the coastal areas of San Diego since the 1970’s. Since everyone bought their homes long before any significant price increases, we will always be ahead of the game, (no HELOC’s here) but since the recent extreme price escalation, we have seen some fluctuations off an on. For example, my brother lives in Sunset Cliffs–right on the ocean–and homes there have moved up and down a bit.
Same deal for others in La Jolla, PB, Del Mar, etc.Personally, no one we know is or will be desperate to sell multi-million dollar properties near the ocean at “fire sale” prices. From the people I know, I really believe that about 80%+ of “old school” (those in their 40’s like me, or older) San Diego residents are just fine financially–you’ll find the more disastrous housing decisions made by San Diego “newbies.”
I would think your best best would be to work with a realtor and look for distress sales–homes that have been purchases in the last two-three years. They might not be in the exact location you have envisioned, but you might find a great deal!!
ParticipantRegarding Coastal Properties. . .
Just about everyone in my family (about 30+ of us now) have lived along the coastal areas of San Diego since the 1970’s. Since everyone bought their homes long before any significant price increases, we will always be ahead of the game, (no HELOC’s here) but since the recent extreme price escalation, we have seen some fluctuations off an on. For example, my brother lives in Sunset Cliffs–right on the ocean–and homes there have moved up and down a bit.
Same deal for others in La Jolla, PB, Del Mar, etc.Personally, no one we know is or will be desperate to sell multi-million dollar properties near the ocean at “fire sale” prices. From the people I know, I really believe that about 80%+ of “old school” (those in their 40’s like me, or older) San Diego residents are just fine financially–you’ll find the more disastrous housing decisions made by San Diego “newbies.”
I would think your best best would be to work with a realtor and look for distress sales–homes that have been purchases in the last two-three years. They might not be in the exact location you have envisioned, but you might find a great deal!!
ParticipantThis is truly an interesting thread!!
I work in the Film/TV industry, and choose to live in San Diego, and it’s true that within the ranks of the “uber-rich” (as referenced in the noted article) monetary concerns with regard to real estate purchases seem to be minimal, if not absent.
However, I’m not really certain how this applies to most people who are trying to decide whether or not they should invest in real estate–given the current financial environment.
Even those of us who have owned homes in San Diego (La Jolla) for years, and have excellent incomes would be foolish not observe the warning signs, and make our plans accordingly.
Just my thoughts. . .
ParticipantThis is truly an interesting thread!!
I work in the Film/TV industry, and choose to live in San Diego, and it’s true that within the ranks of the “uber-rich” (as referenced in the noted article) monetary concerns with regard to real estate purchases seem to be minimal, if not absent.
However, I’m not really certain how this applies to most people who are trying to decide whether or not they should invest in real estate–given the current financial environment.
Even those of us who have owned homes in San Diego (La Jolla) for years, and have excellent incomes would be foolish not observe the warning signs, and make our plans accordingly.
Just my thoughts. . .
Participantwanttobuy. . .
Do you happen to have the new prices lists that you could post for the various developments you mentioned–Pienza, Silhouette, etc.–along with any incentives you know of that they may be offering?
The friends I mentioned in my original post are interested in 4S, and that info would be very helpful!!
Thanks!
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