San Diego Ranks #1/Most Overpriced City

[giffman]

Originally Posted by Surferjd

NC is a backwards southern city. Most people don't like LA as much as other coastal CA cities until they get more familiar with the city. People who know the city well love it. People from New York love it so much that they relocate there driving up the housing prices and then complain that it isn't like New York.

NC is a state Spicoli.

My sister lives in San Diego and we paid a visit two summers ago. I picked up a paper and on the front page of the real estate section was a two bedroom / two bathroom trailer (located in a trailer park). Asking price was $695,000. Talk about supply demand, nice weather, and saving money on AC all you want. Prices out there don't make sense.

I've visited NC and So Cal several times. If I were to relocate, NC would win hands down.

[Sassberto]

Originally Posted by giffman

NC is a state Spicoli.

My sister lives in San Diego and we paid a visit two summers ago. I picked up a paper and on the front page of the real estate section was a two bedroom / two bathroom trailer (located in a trailer park). Asking price was $695,000. Talk about supply demand, nice weather, and saving money on AC all you want. Prices out there don't make sense.

I've visited NC and So Cal several times. If I were to relocate, NC would win hands down.

You can buy a trailer in a park in SD for anywhere from 50-100k, I have never seen one over 100k. Maybe you are talking about a trailer on an oceanfront lot?

[NCN]

Originally Posted by giffman

NC is a state Spicoli.

My sister lives in San Diego and we paid a visit two summers ago. I picked up a paper and on the front page of the real estate section was a two bedroom / two bathroom trailer (located in a trailer park). Asking price was $695,000. Talk about supply demand, nice weather, and saving money on AC all you want. Prices out there don't make sense.

I've visited NC and So Cal several times. If I were to relocate, NC would win hands down.

Actually, North Carolina has at least one very expensive trailer. We took a boat tour on Lake Lure, NC, and were told about a trailer that was sold for a lot of money. If I remember correctly, it was a million dollars. The people who bought the house trailer really just wanted the land. The prices have gone through the roof in that area. Location, location, location!

[socketz]

Originally Posted by Sassberto

You can buy a trailer in a park in SD for anywhere from 50-100k, I have never seen one over 100k. Maybe you are talking about a trailer on an oceanfront lot?

I agree, this is completely unrepresentative of the local market.

Unless your looking at homes within a mile of the coast, 695k in San Diego buys you a pretty nice 2000 sq/ft 4Bdr/2Ba home in a posh suburban area to the north. I know, I just sold one for alot less than that.

The sub 600k market is growing daily as well. Lots of choices.