Quote:
Originally Posted by 4sranch_buyer
1. Is this area is going to get further hit by the economy?
2. High HOA + Melloroos (almost $450 per month together)
3. Wildfire fear
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I think long term (10+ years) the area will hold up well. It is very popular. But in the shorter term, it has some pressures. One of the biggest questions is about what will happen to the biotech industry, which is a huge driver for 4S ranch homebuyers and has still not yet turned into the revenue-producing powerhouse it was predicted to be.
The San Diego Biotech Survival Index 2: Clinging to Cash in the Downturn | Xconomy
voiceofsandiego.org: Science... No More Swinging for the Fences in Biotech
Wildfire fear will never go away but doesn't seem to be a factor in home prices as long as the area is desirable. The high HOA / Mello-Roos will be a turnoff to some, but the benefits (neat and well-kept neighborhoods and new roads and schools) will probably not be an issue for buyers who can afford it.
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4S Ranch homes - Good time to buy?
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