[SD Realtor]

Like the previous two posters mentioned, LCV is a very nice place. The lots are bigger then 4S, not quite as big as Stonebridge, but the proximity to the coast is really nice. The biggest problem with Stonebridge is that there is not any infrastructure to speak of which is not the case for both LCV and 4S. I would suggest you drive up to LCV and check it out. The area has been seeing alot of activity as well.

The depreciation I mentioned is something that will affect most all homeowners that are buying in most all submarkets with the exception of low end. This of course is only my opinion. I think we have seen that most of the drivers that we all thought would burn the market down have occurred or are continuing to occur right? Obviously staggering unemployment and the credit crunch have had strong effects and pushed the market down as have lots of foreclosures. However we have seen that the market can be effectively manipulated which is the cause for the rally. The next leg down in my opinion will be caused by interest rate shock. That is not to say that foreclosures will not continue to happen because they will. However we have seen that between Wall St and the govt, they have been able to suppress inventory enough to prevent the price tsunami. However if there is no govt support for the secondary market and rates pop and high downpayments are needed, then substantial depreciation seems quite probable if not unavoidable.

Will it occur in one year or five years is anybodys guess.

[SD Realtor]

Like the previous two posters mentioned, LCV is a very nice place. The lots are bigger then 4S, not quite as big as Stonebridge, but the proximity to the coast is really nice. The biggest problem with Stonebridge is that there is not any infrastructure to speak of which is not the case for both LCV and 4S. I would suggest you drive up to LCV and check it out. The area has been seeing alot of activity as well.

The depreciation I mentioned is something that will affect most all homeowners that are buying in most all submarkets with the exception of low end. This of course is only my opinion. I think we have seen that most of the drivers that we all thought would burn the market down have occurred or are continuing to occur right? Obviously staggering unemployment and the credit crunch have had strong effects and pushed the market down as have lots of foreclosures. However we have seen that the market can be effectively manipulated which is the cause for the rally. The next leg down in my opinion will be caused by interest rate shock. That is not to say that foreclosures will not continue to happen because they will. However we have seen that between Wall St and the govt, they have been able to suppress inventory enough to prevent the price tsunami. However if there is no govt support for the secondary market and rates pop and high downpayments are needed, then substantial depreciation seems quite probable if not unavoidable.

Will it occur in one year or five years is anybodys guess.

[SD Realtor]

Like the previous two posters mentioned, LCV is a very nice place. The lots are bigger then 4S, not quite as big as Stonebridge, but the proximity to the coast is really nice. The biggest problem with Stonebridge is that there is not any infrastructure to speak of which is not the case for both LCV and 4S. I would suggest you drive up to LCV and check it out. The area has been seeing alot of activity as well.

The depreciation I mentioned is something that will affect most all homeowners that are buying in most all submarkets with the exception of low end. This of course is only my opinion. I think we have seen that most of the drivers that we all thought would burn the market down have occurred or are continuing to occur right? Obviously staggering unemployment and the credit crunch have had strong effects and pushed the market down as have lots of foreclosures. However we have seen that the market can be effectively manipulated which is the cause for the rally. The next leg down in my opinion will be caused by interest rate shock. That is not to say that foreclosures will not continue to happen because they will. However we have seen that between Wall St and the govt, they have been able to suppress inventory enough to prevent the price tsunami. However if there is no govt support for the secondary market and rates pop and high downpayments are needed, then substantial depreciation seems quite probable if not unavoidable.

Will it occur in one year or five years is anybodys guess.

[SD Realtor]

Like the previous two posters mentioned, LCV is a very nice place. The lots are bigger then 4S, not quite as big as Stonebridge, but the proximity to the coast is really nice. The biggest problem with Stonebridge is that there is not any infrastructure to speak of which is not the case for both LCV and 4S. I would suggest you drive up to LCV and check it out. The area has been seeing alot of activity as well.

The depreciation I mentioned is something that will affect most all homeowners that are buying in most all submarkets with the exception of low end. This of course is only my opinion. I think we have seen that most of the drivers that we all thought would burn the market down have occurred or are continuing to occur right? Obviously staggering unemployment and the credit crunch have had strong effects and pushed the market down as have lots of foreclosures. However we have seen that the market can be effectively manipulated which is the cause for the rally. The next leg down in my opinion will be caused by interest rate shock. That is not to say that foreclosures will not continue to happen because they will. However we have seen that between Wall St and the govt, they have been able to suppress inventory enough to prevent the price tsunami. However if there is no govt support for the secondary market and rates pop and high downpayments are needed, then substantial depreciation seems quite probable if not unavoidable.

Will it occur in one year or five years is anybodys guess.

[SD Realtor]

Stonebridge has enjoyed appreciation just like most other similar neighborhoods over this past year. I feel that once the govt empties the bag of tricks and has to actually let the market run unsubsidized then Stonebridge will suffer once again. Hard to say when that will be. Of course interest rates are the wild card. So if you have a year or two for wait time, then you could see Stonebridge depreciation.

Your constraint about being built after Y2K will severely limit your selections. You are pretty much going to be in Stonebridge, 4S Ranch, La Costa Valley, Carmel Valley.

As far as distressed sales, absolutely they will continue. However the problem you are facing is the stock of buyers pretty much looking for exactly what you are searching for. Lots and lots of employed engineers who have a couple hundred k in the bank and maybe they make between 100-200k in annual salary. They are looking for exactly what you declined. What you need is for them to get the homes and drop out of the pool. Alternately you need more and more of these properties to go belly up.

I believe they will and you will have opportunities in the price range you stated. I have already seen them out there. They go quick but they are there. More will come.

You just need to know the risk of depreciation in the future. Also others will argue the entire banking system and real estate market will crater. That could be true but that is something you need to reconcile for yourself.

[SD Realtor]

Stonebridge has enjoyed appreciation just like most other similar neighborhoods over this past year. I feel that once the govt empties the bag of tricks and has to actually let the market run unsubsidized then Stonebridge will suffer once again. Hard to say when that will be. Of course interest rates are the wild card. So if you have a year or two for wait time, then you could see Stonebridge depreciation.

Your constraint about being built after Y2K will severely limit your selections. You are pretty much going to be in Stonebridge, 4S Ranch, La Costa Valley, Carmel Valley.

As far as distressed sales, absolutely they will continue. However the problem you are facing is the stock of buyers pretty much looking for exactly what you are searching for. Lots and lots of employed engineers who have a couple hundred k in the bank and maybe they make between 100-200k in annual salary. They are looking for exactly what you declined. What you need is for them to get the homes and drop out of the pool. Alternately you need more and more of these properties to go belly up.

I believe they will and you will have opportunities in the price range you stated. I have already seen them out there. They go quick but they are there. More will come.

You just need to know the risk of depreciation in the future. Also others will argue the entire banking system and real estate market will crater. That could be true but that is something you need to reconcile for yourself.

[SD Realtor]

Stonebridge has enjoyed appreciation just like most other similar neighborhoods over this past year. I feel that once the govt empties the bag of tricks and has to actually let the market run unsubsidized then Stonebridge will suffer once again. Hard to say when that will be. Of course interest rates are the wild card. So if you have a year or two for wait time, then you could see Stonebridge depreciation.

Your constraint about being built after Y2K will severely limit your selections. You are pretty much going to be in Stonebridge, 4S Ranch, La Costa Valley, Carmel Valley.

As far as distressed sales, absolutely they will continue. However the problem you are facing is the stock of buyers pretty much looking for exactly what you are searching for. Lots and lots of employed engineers who have a couple hundred k in the bank and maybe they make between 100-200k in annual salary. They are looking for exactly what you declined. What you need is for them to get the homes and drop out of the pool. Alternately you need more and more of these properties to go belly up.

I believe they will and you will have opportunities in the price range you stated. I have already seen them out there. They go quick but they are there. More will come.

You just need to know the risk of depreciation in the future. Also others will argue the entire banking system and real estate market will crater. That could be true but that is something you need to reconcile for yourself.

[SD Realtor]

Stonebridge has enjoyed appreciation just like most other similar neighborhoods over this past year. I feel that once the govt empties the bag of tricks and has to actually let the market run unsubsidized then Stonebridge will suffer once again. Hard to say when that will be. Of course interest rates are the wild card. So if you have a year or two for wait time, then you could see Stonebridge depreciation.

Your constraint about being built after Y2K will severely limit your selections. You are pretty much going to be in Stonebridge, 4S Ranch, La Costa Valley, Carmel Valley.

As far as distressed sales, absolutely they will continue. However the problem you are facing is the stock of buyers pretty much looking for exactly what you are searching for. Lots and lots of employed engineers who have a couple hundred k in the bank and maybe they make between 100-200k in annual salary. They are looking for exactly what you declined. What you need is for them to get the homes and drop out of the pool. Alternately you need more and more of these properties to go belly up.

I believe they will and you will have opportunities in the price range you stated. I have already seen them out there. They go quick but they are there. More will come.

You just need to know the risk of depreciation in the future. Also others will argue the entire banking system and real estate market will crater. That could be true but that is something you need to reconcile for yourself.

[SD Realtor]

Stonebridge has enjoyed appreciation just like most other similar neighborhoods over this past year. I feel that once the govt empties the bag of tricks and has to actually let the market run unsubsidized then Stonebridge will suffer once again. Hard to say when that will be. Of course interest rates are the wild card. So if you have a year or two for wait time, then you could see Stonebridge depreciation.

Your constraint about being built after Y2K will severely limit your selections. You are pretty much going to be in Stonebridge, 4S Ranch, La Costa Valley, Carmel Valley.

As far as distressed sales, absolutely they will continue. However the problem you are facing is the stock of buyers pretty much looking for exactly what you are searching for. Lots and lots of employed engineers who have a couple hundred k in the bank and maybe they make between 100-200k in annual salary. They are looking for exactly what you declined. What you need is for them to get the homes and drop out of the pool. Alternately you need more and more of these properties to go belly up.

I believe they will and you will have opportunities in the price range you stated. I have already seen them out there. They go quick but they are there. More will come.

You just need to know the risk of depreciation in the future. Also others will argue the entire banking system and real estate market will crater. That could be true but that is something you need to reconcile for yourself.

[SD Realtor]

You know how much I hate to admit it when you are right.

[SD Realtor]

You know how much I hate to admit it when you are right.

[SD Realtor]

You know how much I hate to admit it when you are right.

[SD Realtor]

You know how much I hate to admit it when you are right.

[SD Realtor]

You know how much I hate to admit it when you are right.

[SD Realtor]

I think you are not alone in the “grass is less green” syndrome when talking about leaving San Diego. I could not agree more.

[Author]

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