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AN, here are some reasons why MH location wise has such appeal versus LJ, and its not generational appreciation for older homes, we know tons of 30s and 40s who live in MH or would DIE to live in MH. We rent a home in MH currently and here are some observations as well as commentary from neighbors/friends:

1. Most of the original homes that have not had extensive BAD remodels/gut jobs done to them are built with SKILLED labor. This typically means your home is going to hold up better and the materials used back then were of much higher quality in a lot of these homes. The built ins, the carefully framed arched doorways/hallways, the molding etc. Its very rare if not impossible to find that in a home built recently. And yes, many are architectually unique with charm versus cookie cutter tract homes. Most people here shudder at the though of living in tract homes that they consider Pleasantville.

2. North MH ( not including the hospital area) for instance is remarkably consistent in terms of how “nice” each street is from street to street.

3. There seems to be no shortage of well to do professional GAY couples who can afford to buy these homes and they find is an ideal neighbhorhood for them to live in versus LJ or NC where there are less of their kind/friends.

4. The area is VERY walkable/ bikeable to grocery stores, a LARGE variety of restaurants/bars, to Balboa park, to Coronado, to the beach. For those who like the idea of parking their cars on the weekend and not having to drive them, this is totally achievable living in MH. You can enjoy both a very nice neighborhood, the outdoors, and urban living.

5. There is a sense of community with neighbors who know each other have each other over for parties, dinner, help one another out. This is not a transient neighborhood with most people living in MH for a long time.

6. The area is very central for most when it comes to jobs. There are a lot of folks who work downtown, but for those work in UTC or Sorrento Valley its still a short commute with easy access to freeways. It is also very close to the airport for those who travel. There are a lot of doctors /lawyers who live in the area given the proximity to hospitals/courts

7. This area is relatively unpretentious compared to LJ. People may have money, but its often a “quiet” wealth more closely similar to the rich who live on the coast in Cardiff/Encinitas versus LJ

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Thanks BG, wasn’t suggesting you look them up, just pointing out to those who might be doubters haha

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Thanks BG, wasn’t suggesting you look them up, just pointing out to those who might be doubters haha

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Thanks BG, wasn’t suggesting you look them up, just pointing out to those who might be doubters haha

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Thanks BG, wasn’t suggesting you look them up, just pointing out to those who might be doubters haha

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Thanks BG, wasn’t suggesting you look them up, just pointing out to those who might be doubters haha

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BG, agree on what you said about MH. I WANT(ED) to believe more gloom and doom was going to happen in MH and certain other pockets, but it just hasn’t happened and the more I look in those neighborhoods, I just don’t see it happening to truly GREAT homes. There will always be that crappy house in MH that sells way below what it did in 05, but I don’t want to live there anyhow.

I do know lots of folks who are underwater, and if they lost their jobs, they would be screwed, but none of them are in MH. I also know A LOT of couples who have dual incomes, both making 150k+ and only live on one income, banking the rest. Some of them own business or work for themselves and have pretty downturn resistant jobs. A lot of people in MH have tons of equity in their homes either having lived there for 30 years, or a lot of late 30s, 40s bought early and as they moved up, put all the accrued equity into their 1M+ homes. Its not anectdotal, you can look up their loan amounts.

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BG, agree on what you said about MH. I WANT(ED) to believe more gloom and doom was going to happen in MH and certain other pockets, but it just hasn’t happened and the more I look in those neighborhoods, I just don’t see it happening to truly GREAT homes. There will always be that crappy house in MH that sells way below what it did in 05, but I don’t want to live there anyhow.

I do know lots of folks who are underwater, and if they lost their jobs, they would be screwed, but none of them are in MH. I also know A LOT of couples who have dual incomes, both making 150k+ and only live on one income, banking the rest. Some of them own business or work for themselves and have pretty downturn resistant jobs. A lot of people in MH have tons of equity in their homes either having lived there for 30 years, or a lot of late 30s, 40s bought early and as they moved up, put all the accrued equity into their 1M+ homes. Its not anectdotal, you can look up their loan amounts.

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BG, agree on what you said about MH. I WANT(ED) to believe more gloom and doom was going to happen in MH and certain other pockets, but it just hasn’t happened and the more I look in those neighborhoods, I just don’t see it happening to truly GREAT homes. There will always be that crappy house in MH that sells way below what it did in 05, but I don’t want to live there anyhow.

I do know lots of folks who are underwater, and if they lost their jobs, they would be screwed, but none of them are in MH. I also know A LOT of couples who have dual incomes, both making 150k+ and only live on one income, banking the rest. Some of them own business or work for themselves and have pretty downturn resistant jobs. A lot of people in MH have tons of equity in their homes either having lived there for 30 years, or a lot of late 30s, 40s bought early and as they moved up, put all the accrued equity into their 1M+ homes. Its not anectdotal, you can look up their loan amounts.

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BG, agree on what you said about MH. I WANT(ED) to believe more gloom and doom was going to happen in MH and certain other pockets, but it just hasn’t happened and the more I look in those neighborhoods, I just don’t see it happening to truly GREAT homes. There will always be that crappy house in MH that sells way below what it did in 05, but I don’t want to live there anyhow.

I do know lots of folks who are underwater, and if they lost their jobs, they would be screwed, but none of them are in MH. I also know A LOT of couples who have dual incomes, both making 150k+ and only live on one income, banking the rest. Some of them own business or work for themselves and have pretty downturn resistant jobs. A lot of people in MH have tons of equity in their homes either having lived there for 30 years, or a lot of late 30s, 40s bought early and as they moved up, put all the accrued equity into their 1M+ homes. Its not anectdotal, you can look up their loan amounts.

[zzz]

BG, agree on what you said about MH. I WANT(ED) to believe more gloom and doom was going to happen in MH and certain other pockets, but it just hasn’t happened and the more I look in those neighborhoods, I just don’t see it happening to truly GREAT homes. There will always be that crappy house in MH that sells way below what it did in 05, but I don’t want to live there anyhow.

I do know lots of folks who are underwater, and if they lost their jobs, they would be screwed, but none of them are in MH. I also know A LOT of couples who have dual incomes, both making 150k+ and only live on one income, banking the rest. Some of them own business or work for themselves and have pretty downturn resistant jobs. A lot of people in MH have tons of equity in their homes either having lived there for 30 years, or a lot of late 30s, 40s bought early and as they moved up, put all the accrued equity into their 1M+ homes. Its not anectdotal, you can look up their loan amounts.

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JP, I don’t know how closely you’re following 92103, but I am viewing a lot of the homes, streets, lots and overall the inventory is VERY poor. So the homes that sit on the market are because they have a lot of issues, have very por layout or very poor remodels. But nice homes in 92103 get snatched up with bidding wars. The house on Bush is not a great deal in my opinion because there is no driveway, no garage, not really any ideal places to park. There is no yard either as its built over the canyon. Also, the bedrooms are below the slab, and feel a bit damp and musty. The kitchen and bathroom off of it are a bit funky.

I think I saw one of your posts about the low end in MH and those homes on Goldfinch and Reynard are not desirable. That is a VERY busy street with a lot of cars driving very fast and high speed car crashes. Also there are very few single family homes on the street.

A lot of what’s on the market that might look like a great deal is not, and the pictures are very deceiving. I can’t tell you how many times I’ve looked at the pictures thinking it has promise only to see the house and its nothing like it.

If you are really interested in MH, I’d suggest you start looking at the homes, because there are so many variables within the neighborhood in terms of pockets of it, streets, etc.

PM if you want any insights on specific properties.

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JP, I don’t know how closely you’re following 92103, but I am viewing a lot of the homes, streets, lots and overall the inventory is VERY poor. So the homes that sit on the market are because they have a lot of issues, have very por layout or very poor remodels. But nice homes in 92103 get snatched up with bidding wars. The house on Bush is not a great deal in my opinion because there is no driveway, no garage, not really any ideal places to park. There is no yard either as its built over the canyon. Also, the bedrooms are below the slab, and feel a bit damp and musty. The kitchen and bathroom off of it are a bit funky.

I think I saw one of your posts about the low end in MH and those homes on Goldfinch and Reynard are not desirable. That is a VERY busy street with a lot of cars driving very fast and high speed car crashes. Also there are very few single family homes on the street.

A lot of what’s on the market that might look like a great deal is not, and the pictures are very deceiving. I can’t tell you how many times I’ve looked at the pictures thinking it has promise only to see the house and its nothing like it.

If you are really interested in MH, I’d suggest you start looking at the homes, because there are so many variables within the neighborhood in terms of pockets of it, streets, etc.

PM if you want any insights on specific properties.

[zzz]

JP, I don’t know how closely you’re following 92103, but I am viewing a lot of the homes, streets, lots and overall the inventory is VERY poor. So the homes that sit on the market are because they have a lot of issues, have very por layout or very poor remodels. But nice homes in 92103 get snatched up with bidding wars. The house on Bush is not a great deal in my opinion because there is no driveway, no garage, not really any ideal places to park. There is no yard either as its built over the canyon. Also, the bedrooms are below the slab, and feel a bit damp and musty. The kitchen and bathroom off of it are a bit funky.

I think I saw one of your posts about the low end in MH and those homes on Goldfinch and Reynard are not desirable. That is a VERY busy street with a lot of cars driving very fast and high speed car crashes. Also there are very few single family homes on the street.

A lot of what’s on the market that might look like a great deal is not, and the pictures are very deceiving. I can’t tell you how many times I’ve looked at the pictures thinking it has promise only to see the house and its nothing like it.

If you are really interested in MH, I’d suggest you start looking at the homes, because there are so many variables within the neighborhood in terms of pockets of it, streets, etc.

PM if you want any insights on specific properties.

[zzz]

JP, I don’t know how closely you’re following 92103, but I am viewing a lot of the homes, streets, lots and overall the inventory is VERY poor. So the homes that sit on the market are because they have a lot of issues, have very por layout or very poor remodels. But nice homes in 92103 get snatched up with bidding wars. The house on Bush is not a great deal in my opinion because there is no driveway, no garage, not really any ideal places to park. There is no yard either as its built over the canyon. Also, the bedrooms are below the slab, and feel a bit damp and musty. The kitchen and bathroom off of it are a bit funky.

I think I saw one of your posts about the low end in MH and those homes on Goldfinch and Reynard are not desirable. That is a VERY busy street with a lot of cars driving very fast and high speed car crashes. Also there are very few single family homes on the street.

A lot of what’s on the market that might look like a great deal is not, and the pictures are very deceiving. I can’t tell you how many times I’ve looked at the pictures thinking it has promise only to see the house and its nothing like it.

If you are really interested in MH, I’d suggest you start looking at the homes, because there are so many variables within the neighborhood in terms of pockets of it, streets, etc.

PM if you want any insights on specific properties.

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