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SD Realtor
ParticipantI think that PQ still has potential downward movement with a large dependency on the type of home you are buying. Are you looking at single family detached or are you looking at some of the twin homes? All you can do to measure the quality of your deal is compare the deal you are getting to previous sales. Your deal may be good compared to 2006 pricing but not compared to 2003 pricing. Additionally what may be a good deal now may not look like a good deal 2 years from now. Yours is a starter situation where it sounds like you are trying to hit the school district. Is there any chance you can rent in the area so you can still get in the school district, yet continue to save money for the downpayment?
SD Realtor
ParticipantI think that PQ still has potential downward movement with a large dependency on the type of home you are buying. Are you looking at single family detached or are you looking at some of the twin homes? All you can do to measure the quality of your deal is compare the deal you are getting to previous sales. Your deal may be good compared to 2006 pricing but not compared to 2003 pricing. Additionally what may be a good deal now may not look like a good deal 2 years from now. Yours is a starter situation where it sounds like you are trying to hit the school district. Is there any chance you can rent in the area so you can still get in the school district, yet continue to save money for the downpayment?
SD Realtor
ParticipantI think that PQ still has potential downward movement with a large dependency on the type of home you are buying. Are you looking at single family detached or are you looking at some of the twin homes? All you can do to measure the quality of your deal is compare the deal you are getting to previous sales. Your deal may be good compared to 2006 pricing but not compared to 2003 pricing. Additionally what may be a good deal now may not look like a good deal 2 years from now. Yours is a starter situation where it sounds like you are trying to hit the school district. Is there any chance you can rent in the area so you can still get in the school district, yet continue to save money for the downpayment?
SD Realtor
ParticipantI think that PQ still has potential downward movement with a large dependency on the type of home you are buying. Are you looking at single family detached or are you looking at some of the twin homes? All you can do to measure the quality of your deal is compare the deal you are getting to previous sales. Your deal may be good compared to 2006 pricing but not compared to 2003 pricing. Additionally what may be a good deal now may not look like a good deal 2 years from now. Yours is a starter situation where it sounds like you are trying to hit the school district. Is there any chance you can rent in the area so you can still get in the school district, yet continue to save money for the downpayment?
SD Realtor
ParticipantI believe the land values will continue to fall at Cielo. I know of several examples of people who purchased lots in 2003 and held onto them rather then letting them go at the peak. As you noted there is a large overhang of inventory for the lots there. Many of the people who did this do seem to have resources that allow them to hang onto the lots however. In some cases though you will see people let them go cheap if you have enough patience. I believe the lot values there could come down another 20% over the next few years if you can wait that long.
SD Realtor
ParticipantI believe the land values will continue to fall at Cielo. I know of several examples of people who purchased lots in 2003 and held onto them rather then letting them go at the peak. As you noted there is a large overhang of inventory for the lots there. Many of the people who did this do seem to have resources that allow them to hang onto the lots however. In some cases though you will see people let them go cheap if you have enough patience. I believe the lot values there could come down another 20% over the next few years if you can wait that long.
SD Realtor
ParticipantI believe the land values will continue to fall at Cielo. I know of several examples of people who purchased lots in 2003 and held onto them rather then letting them go at the peak. As you noted there is a large overhang of inventory for the lots there. Many of the people who did this do seem to have resources that allow them to hang onto the lots however. In some cases though you will see people let them go cheap if you have enough patience. I believe the lot values there could come down another 20% over the next few years if you can wait that long.
SD Realtor
ParticipantI believe the land values will continue to fall at Cielo. I know of several examples of people who purchased lots in 2003 and held onto them rather then letting them go at the peak. As you noted there is a large overhang of inventory for the lots there. Many of the people who did this do seem to have resources that allow them to hang onto the lots however. In some cases though you will see people let them go cheap if you have enough patience. I believe the lot values there could come down another 20% over the next few years if you can wait that long.
SD Realtor
ParticipantI believe the land values will continue to fall at Cielo. I know of several examples of people who purchased lots in 2003 and held onto them rather then letting them go at the peak. As you noted there is a large overhang of inventory for the lots there. Many of the people who did this do seem to have resources that allow them to hang onto the lots however. In some cases though you will see people let them go cheap if you have enough patience. I believe the lot values there could come down another 20% over the next few years if you can wait that long.
SD Realtor
Participantnybuyer – SDR hear as opposed to sdr… I grew up in the south bay as well… a little up the road from you in venice/marina del rey. For sure the climate out in the Crosby and in the Covenant in general is hotter then the south bay of L.A. While it is not way inland you would be surprised at the difference if you spend some time out there. It is a surprising difference from say Fairbanks Ranch which literally is only a few miles closer to the coast. Strange but true.
Olivenhain has alot of very nice stuff but I didn’t mention it because there is not as much housing stock out there is as new as what you seem to be looking at. Definitely the homes are not as old as say Fairbanks Ranch AND there are a few custom homes built in 2004 and newer on the MLS but not at the 1M mark either. Anyways it is nice out there though and if you want horse property you can get some places out there that are zoned for that. So yeah as sdr said you should keep an eye out for something there as well.
Taking your upbringing into account AND your penchant for golf I was thinking Aviara may appeal to you as well. Some of the places in La Costa as well. Alot of development there that you may want to consider looking at. Aviara is much much closer to the coast. Anyways an example would be like the listing on Bulrush, it is 3780 sf but it is only a 3/3.5 home (with an optional room) at 1.289M. The MR is 590 (A YEAR) and the other fees are 800 a year with an HOA of 80 a month and you get a gold course view as well.
Don’t know if this would appeal to you but certainly worth a bit of your time to keep an eye on… not this home perhaps but the area.
SD Realtor
ps – and yeah if you can hold out another year or better yet 2 years you will be that much better for it.
Participantnybuyer – SDR hear as opposed to sdr… I grew up in the south bay as well… a little up the road from you in venice/marina del rey. For sure the climate out in the Crosby and in the Covenant in general is hotter then the south bay of L.A. While it is not way inland you would be surprised at the difference if you spend some time out there. It is a surprising difference from say Fairbanks Ranch which literally is only a few miles closer to the coast. Strange but true.
Olivenhain has alot of very nice stuff but I didn’t mention it because there is not as much housing stock out there is as new as what you seem to be looking at. Definitely the homes are not as old as say Fairbanks Ranch AND there are a few custom homes built in 2004 and newer on the MLS but not at the 1M mark either. Anyways it is nice out there though and if you want horse property you can get some places out there that are zoned for that. So yeah as sdr said you should keep an eye out for something there as well.
Taking your upbringing into account AND your penchant for golf I was thinking Aviara may appeal to you as well. Some of the places in La Costa as well. Alot of development there that you may want to consider looking at. Aviara is much much closer to the coast. Anyways an example would be like the listing on Bulrush, it is 3780 sf but it is only a 3/3.5 home (with an optional room) at 1.289M. The MR is 590 (A YEAR) and the other fees are 800 a year with an HOA of 80 a month and you get a gold course view as well.
Don’t know if this would appeal to you but certainly worth a bit of your time to keep an eye on… not this home perhaps but the area.
SD Realtor
ps – and yeah if you can hold out another year or better yet 2 years you will be that much better for it.
Participantnybuyer – SDR hear as opposed to sdr… I grew up in the south bay as well… a little up the road from you in venice/marina del rey. For sure the climate out in the Crosby and in the Covenant in general is hotter then the south bay of L.A. While it is not way inland you would be surprised at the difference if you spend some time out there. It is a surprising difference from say Fairbanks Ranch which literally is only a few miles closer to the coast. Strange but true.
Olivenhain has alot of very nice stuff but I didn’t mention it because there is not as much housing stock out there is as new as what you seem to be looking at. Definitely the homes are not as old as say Fairbanks Ranch AND there are a few custom homes built in 2004 and newer on the MLS but not at the 1M mark either. Anyways it is nice out there though and if you want horse property you can get some places out there that are zoned for that. So yeah as sdr said you should keep an eye out for something there as well.
Taking your upbringing into account AND your penchant for golf I was thinking Aviara may appeal to you as well. Some of the places in La Costa as well. Alot of development there that you may want to consider looking at. Aviara is much much closer to the coast. Anyways an example would be like the listing on Bulrush, it is 3780 sf but it is only a 3/3.5 home (with an optional room) at 1.289M. The MR is 590 (A YEAR) and the other fees are 800 a year with an HOA of 80 a month and you get a gold course view as well.
Don’t know if this would appeal to you but certainly worth a bit of your time to keep an eye on… not this home perhaps but the area.
SD Realtor
ps – and yeah if you can hold out another year or better yet 2 years you will be that much better for it.
Participantnybuyer – SDR hear as opposed to sdr… I grew up in the south bay as well… a little up the road from you in venice/marina del rey. For sure the climate out in the Crosby and in the Covenant in general is hotter then the south bay of L.A. While it is not way inland you would be surprised at the difference if you spend some time out there. It is a surprising difference from say Fairbanks Ranch which literally is only a few miles closer to the coast. Strange but true.
Olivenhain has alot of very nice stuff but I didn’t mention it because there is not as much housing stock out there is as new as what you seem to be looking at. Definitely the homes are not as old as say Fairbanks Ranch AND there are a few custom homes built in 2004 and newer on the MLS but not at the 1M mark either. Anyways it is nice out there though and if you want horse property you can get some places out there that are zoned for that. So yeah as sdr said you should keep an eye out for something there as well.
Taking your upbringing into account AND your penchant for golf I was thinking Aviara may appeal to you as well. Some of the places in La Costa as well. Alot of development there that you may want to consider looking at. Aviara is much much closer to the coast. Anyways an example would be like the listing on Bulrush, it is 3780 sf but it is only a 3/3.5 home (with an optional room) at 1.289M. The MR is 590 (A YEAR) and the other fees are 800 a year with an HOA of 80 a month and you get a gold course view as well.
Don’t know if this would appeal to you but certainly worth a bit of your time to keep an eye on… not this home perhaps but the area.
SD Realtor
ps – and yeah if you can hold out another year or better yet 2 years you will be that much better for it.
Participantnybuyer – SDR hear as opposed to sdr… I grew up in the south bay as well… a little up the road from you in venice/marina del rey. For sure the climate out in the Crosby and in the Covenant in general is hotter then the south bay of L.A. While it is not way inland you would be surprised at the difference if you spend some time out there. It is a surprising difference from say Fairbanks Ranch which literally is only a few miles closer to the coast. Strange but true.
Olivenhain has alot of very nice stuff but I didn’t mention it because there is not as much housing stock out there is as new as what you seem to be looking at. Definitely the homes are not as old as say Fairbanks Ranch AND there are a few custom homes built in 2004 and newer on the MLS but not at the 1M mark either. Anyways it is nice out there though and if you want horse property you can get some places out there that are zoned for that. So yeah as sdr said you should keep an eye out for something there as well.
Taking your upbringing into account AND your penchant for golf I was thinking Aviara may appeal to you as well. Some of the places in La Costa as well. Alot of development there that you may want to consider looking at. Aviara is much much closer to the coast. Anyways an example would be like the listing on Bulrush, it is 3780 sf but it is only a 3/3.5 home (with an optional room) at 1.289M. The MR is 590 (A YEAR) and the other fees are 800 a year with an HOA of 80 a month and you get a gold course view as well.
Don’t know if this would appeal to you but certainly worth a bit of your time to keep an eye on… not this home perhaps but the area.
SD Realtor
ps – and yeah if you can hold out another year or better yet 2 years you will be that much better for it.
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