I found this interesting article regarding the real estate market in the San Diego area, specifically La Jolla which is several miles north of downtown San Diego.
We actually drove through La Jolla when we were in the area in December. It’s a beautiful place, with homes in the hills overlooking the ocean. I find it interesting that even they were not immune to the housing crash with million dollar homes ending up in foreclosure.
How great that we can enjoy the area and weather of the area in our home on wheels. Someday, I’d like to go back and stay at the Carlsbad State Beach campground right on the ocean.
This got me thinking about how the housing market is in Phoenix where we are headed next week. It seems the housing market is very flat there as well. I was also surprised to see Phoenix is the 5th largest city in the United States!
All of this makes me so glad that we sold our house when we did. We didn’t get as much money as we would have 5 years earlier, but at least it sold. I think if we would have waited, we would have gotten even less.
The housing market doesn't seem to be rebounding anywhere! Very sad for those that are trying to sell.
ReplyDeleteTake care!
Oh yeah. Mine has been on the market off and on for over 2 years. The latest bout since July 2010. It's getting frustrating as we keep lowering the price, but no interest :(
ReplyDeleteI'm just hoping it will be better in a year.
ReplyDeleteI'm working hard to make it as sellable as possible. The house is great, but has some big defects. The best thing I can do this year is make the most of the positives!
If it doesn't sell, we may just become "any timers."for a few years.
I'm sure glad I decided to get out when I did (2006)! :)
ReplyDelete