
Adam Huntington
34.7K posts

Adam Huntington
@Adventuring_RE
Real Estate and Finance since 2012 - Urban Planning & Development USC - Realtor, Investor, LoanOfficer - Historian/Futurist/Part-Time Comedian



My response to this article: Cleanest description of San Diego is: unaffordable, illiquid, supply-constrained, & still supported by enough wealthy buyers to prevent broad price discovery downward. Low volume means buyers and sellers disagree and neither side is compelled to act. It does not tell you which side will ultimately move. The Great Recession comparison is especially misleading. In 2008 there were forced sellers, bad underwriting, negative equity, foreclosures, & excess inventory. Today there is substantial equity, predominantly fixed-rate debt, & insufficient inventory. Similar transaction counts do not mean similar financial conditions. A metro median-income model is particularly weak for oceanfront and prime coastal property, where the marginal buyer often has substantial equity, inherited wealth, business income or cash unrelated to San Diego’s median wage. My base case is not a 25% nominal correction. It is continued low turnover, highly selective buyers, and mostly flat to low-single-digit nominal appreciation while incomes and inflation slowly repair affordability. Five years of flat nominal pricing with 3% inflation equals roughly a 14% real decline, without homeowners ever seeing a dramatic nominal crash. For my portfolio, this reinforces my existing strategy rather than changing it: underwrite current financing costs, realistic capital expenditures & a flat-to-wider exit cap, treat any rate decline as upside, reduce floating-rate debt, & retain scarce assets with favorable fixed financing with continuing to invest in $VTI. The bigger plausible risk is several years of mediocre real returns & weak liquidity, not a forced 25% coastal repricing. "California home prices must fall for sales crash to end sandiegouniontribune.com/2026/07/13/cal… "




Watch this 3 minute video of my comments at last week's Chula Vista City Council meeting where I spoke against the huge pay raise and essentially doubling their term limits. Support my campaign and I will continue to fearlessly stand up for the interests of the citizens. gregforchulavista.com



@Adventuring_RE Remember when SD popo would not think twice bout kicking your ass. Now they are like…you are free to go destroy the city. Unbelievable












