I sold my last home (my personal residence) a little over 2 years ago for $495,000. Unfortunately it ended up in foreclosure and just closed escrow for $250,000!!!! That is an extreme example of what has happened here in Oceanside. The beach properties are much more stable, but anything that is entry level was hit hard. As a local Realtor with 90% of my business in Oceanside I have mixed feelings about what is happening. So I have decided to make the best of it and concentrate on helping buyers get a great deal. I am working with more first time home buyers than ever and my move up buyers that don't need to sell are thrilled at the prices.
Two different cities right next to each other. There are similarities, but a lot of differences.
Carlsbad has everything you could want in a beach community. From the quaint downtown villageto the upscale 4 star Aviara community and resort it is easy to find your comfort zone in Carlsbad. There is a wonderful walkwayright along the coast that is taken advantage of 7 days a week. Calrsbad is always a nice place to be and as an Oceanside resident I visit is almost every day.
Oceanside has a lot to offer as well, but in a different way. The attraction to Oceanside is its beautiful beaches and its sheer affordability due to an explosion of foreclosures. The plans to make it a popular resort destination have finally started to materialize. There are 2 new resort towers overlooking the ocean with more to come in the next year. Oceanside is more of a working town. Industry is more visible and downtown still caters to the ever present military personnel, but I see that slowly changing. It is on of the most affordable beach towns you will find.
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