Dude are quality homes in San Diego like that really listing for $265,000? Damn TeleAtlas maps don't have a scale bar but that doesn't look too far from downtown.
A home like that 3 years ago was probably $500,000.
Maybe I need to look at investment property out there?
I'm saying this but I could look in my own hood. I just saw a few homes that sold for under $40,000 right around my street. For how little that is I'd just knock down the place and set up a fire ring and tent in the summer.
I'm trying to unload my uncle's place in the Gold Coast where similar units were selling for $870,000 in 2007. I'm asking $550,000+parking and getting a few bites. Wish I could hang onto it but the taxes and condo assessments are $2000/m.