san diego traders

Quote from sdtrader:

right about location. Even within the same city limits. My grandmother just had her 5 bedroom, also in HB but on the Harbor, appraised at 2.75 mil.
Although very similar, I do believe SD is higher than OC. My friend just sold his 3 bdrm condo in Mission Valley (not close to being beach prop) for 379K. But I agree your #'s are closer than the 900K for an average house.
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San Diego county has had a roller coaster ride in real estate: over the last couple of years it led the nation in transaction price increases: last year it had one of the biggest declines.

California is an expensive place to live - even if you are not on the beach. State taxes (personal and business) are very high. For the price of an average single family home in orange, or los angeles counties you can get a mansion in a second tier midwest city. The San Francisco / Silicon Valley areas are even more expensive. On the other hand, the real estate investment gains here have been larger so that if you bought property here your gain would far outstrip the gain in most other places. Will it continue ? Probably not at the same rate.
 
Is where i would love to live & trade but getting up for the 3am market opening bell seems a little ridiculous....maybe swing trading would work ?
 
i'd say just under $400,000 (maybe $350,000 for smaller older home) is a decent house (inland), small (under 2,000 SF/over $200.SF) but in an "acceptable" area... you can go on www.realtor.com and check out the housing prices to get a general "feel." coastal housing in that price range is probably a condo.

not trying to argue, but id say that housing prices are higher in coastal o.c. than coastal san diego.

i looked at a small apt project in carlsbad last year, about a 15-minute walk from the beach. 1br/1bth (600 sf) with 1/2 a double garage were $925 and 2br/2bth units with 1/2 a dbl garage were $1,350. i think most people could live there - 1980's vintage project - and if you split a 2br with someone, thats less than $700 a month. prices inland are cheaper - maybe $200 a month less. by comparison, in manahattan beach in l.a. county, 1br/1bth in the el porto area (north end) are usually $1,200 to $1,400 and 2br/2bth are usually $1,700 to $2,250. manhattan beach is a nice area (for l.a.).


ive lived in l.a. and s.d., and ive lived in tokyo, oaxaca, paris and outside of frankfurt.... oh yeah, salt lak city too (ski bummed). in my EXPERT opinion, overall orange county has the best looking women in the friggin world. dont argue!:eek:

BTW, if you are thinking of living inland, spanish is recommended but not required
 
C-bad and O-side are a lot less expensive than say Del Mar, Solana Beach, PB, La Jolla and the like. C-bad is in between OC and SD. Doesn't really matter...I think we can all agree that SD, OC, LA or SF are very expensive places to live in comparison to the rest of the US.
 
Quote from CalTrader:



San Diego county has had a roller coaster ride in real estate: over the last couple of years it led the nation in transaction price increases: last year it had one of the biggest declines.

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CalTrader where do you get this from? One of the biggest declines in the nation? I think you are mistaken. Prices increased in San Diego last year. The real estate market in San Diego has been anything but cyclical over the last seven years, it has basically been steadily increasing. While the market is cyclical over longer periods of time, it is definitely in one of the longest uptrends we have seen for some time.
 
OC is cheaper, and inland is cheaper.
Prices decline as you move away from san diego.

Ocean Side is quite some distance away.
Nobody from san diego would hang out with me
if I lived that far away:
http://www.mapquest.com/maps/map.ad...ceanside&state=ca&zipcode=&homesubmit=Get+Map
Scroll down until you see san diego.... not considered
the san diego area.

Prices also go up real fast as you approach the beaches,
where I live.

DO check out realtor.com, and search in La Jolla, Pacific Beach,
and OB(Ocean Beach - cheaper because under the airport),
and look at what you can get for 300-400K, you will cry :D

If you want to live anywhere near the beach, AND near
the city of san diego (PB, La Jolla, etc ) the prices
I posted are realistic. ( The tiny house 4 houses down from
me sold for 900K ). I'm 1 block to the beach.

You can get a decent sized home for 400-500K,
about 30-40 mins inland, but double that in the beach
communities.

Oh.. and that 2 foot border of grass, is now called
your YARD.... LOL :D

peace

axeman
 
As a new homeowner in Carlsbad from about 31/2 years ago and I can say that my house was going up about 10-12 thousand a month for about a year in half then plateaued for about 6mos to a year maybe even dipped slightly as many speculators in for two years flooded the market in my development and then after that inventory was mopped up my house popped up again in the last year. Based on what my neighbors paid my house is up about 60% in three in half years. Anyone want to buy?
 
Quote from axeman:

OC is cheaper, and inland is cheaper.
Prices decline as you move away from san diego.


peace

axeman
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well, i wont argue (but i doubt it - note i said coastal). anyway, "cheap" and "cheaper" are certainly relative terms in socal coastal real estate. laguna beach, newport beach and huntington beach may be less expensive than some areas of costal san diego, but it still takes a lot of coin to buy a house there, even a very small one. :)
 
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