- This topic has 15 replies, 4 voices, and was last updated 16 years, 11 months ago by
little lady.
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January 16, 2008 at 11:34 AM #11526January 16, 2008 at 1:21 PM #136790
maybe
ParticipantSo– after a further 10-25% price decline, a traditional investor w/ 10% down might think about buying such a house? This brings us back to re-entering the real estate market sometime in 2010.
January 16, 2008 at 1:21 PM #136991ParticipantSo– after a further 10-25% price decline, a traditional investor w/ 10% down might think about buying such a house? This brings us back to re-entering the real estate market sometime in 2010.
January 16, 2008 at 1:21 PM #137022ParticipantSo– after a further 10-25% price decline, a traditional investor w/ 10% down might think about buying such a house? This brings us back to re-entering the real estate market sometime in 2010.
January 16, 2008 at 1:21 PM #137050ParticipantSo– after a further 10-25% price decline, a traditional investor w/ 10% down might think about buying such a house? This brings us back to re-entering the real estate market sometime in 2010.
January 16, 2008 at 1:21 PM #137090ParticipantSo– after a further 10-25% price decline, a traditional investor w/ 10% down might think about buying such a house? This brings us back to re-entering the real estate market sometime in 2010.
January 16, 2008 at 3:00 PM #136803garysears
ParticipantThere is some fine print those $200k homes listed. I don’t know if you actually own the land with all of them. At least one of them lists an HOA of $733 per month. The real bottom end of the El Cajon market (where you don’t have an HOA and actually own land) is $250k-$260k. I’m thinking around $200k might be reasonable in a few years, but I’m talking 1100-1300 sf houses, not 1800 sf.
January 16, 2008 at 3:00 PM #137005ParticipantThere is some fine print those $200k homes listed. I don’t know if you actually own the land with all of them. At least one of them lists an HOA of $733 per month. The real bottom end of the El Cajon market (where you don’t have an HOA and actually own land) is $250k-$260k. I’m thinking around $200k might be reasonable in a few years, but I’m talking 1100-1300 sf houses, not 1800 sf.
January 16, 2008 at 3:00 PM #137037ParticipantThere is some fine print those $200k homes listed. I don’t know if you actually own the land with all of them. At least one of them lists an HOA of $733 per month. The real bottom end of the El Cajon market (where you don’t have an HOA and actually own land) is $250k-$260k. I’m thinking around $200k might be reasonable in a few years, but I’m talking 1100-1300 sf houses, not 1800 sf.
January 16, 2008 at 3:00 PM #137064ParticipantThere is some fine print those $200k homes listed. I don’t know if you actually own the land with all of them. At least one of them lists an HOA of $733 per month. The real bottom end of the El Cajon market (where you don’t have an HOA and actually own land) is $250k-$260k. I’m thinking around $200k might be reasonable in a few years, but I’m talking 1100-1300 sf houses, not 1800 sf.
January 16, 2008 at 3:00 PM #137105ParticipantThere is some fine print those $200k homes listed. I don’t know if you actually own the land with all of them. At least one of them lists an HOA of $733 per month. The real bottom end of the El Cajon market (where you don’t have an HOA and actually own land) is $250k-$260k. I’m thinking around $200k might be reasonable in a few years, but I’m talking 1100-1300 sf houses, not 1800 sf.
January 16, 2008 at 4:01 PM #136823little lady
ParticipantI believe the houses you are describing are manufactured homes on land that you get a 99 year lease for. They are out in the Flynn Springs area and are by no means any kind of deal unless you HAVE had to rent. Now though, this shouldn’t be the case because of the current housing market tanking.
Houses in the El Cajon area are priced at approximately the same amounts found in Temecula……….though they tend to be alot older.
http://www.rondurrett.com/template1/nextpage.asp?lnv=4434436
January 16, 2008 at 4:01 PM #137024ParticipantI believe the houses you are describing are manufactured homes on land that you get a 99 year lease for. They are out in the Flynn Springs area and are by no means any kind of deal unless you HAVE had to rent. Now though, this shouldn’t be the case because of the current housing market tanking.
Houses in the El Cajon area are priced at approximately the same amounts found in Temecula……….though they tend to be alot older.
http://www.rondurrett.com/template1/nextpage.asp?lnv=4434436
January 16, 2008 at 4:01 PM #137057ParticipantI believe the houses you are describing are manufactured homes on land that you get a 99 year lease for. They are out in the Flynn Springs area and are by no means any kind of deal unless you HAVE had to rent. Now though, this shouldn’t be the case because of the current housing market tanking.
Houses in the El Cajon area are priced at approximately the same amounts found in Temecula……….though they tend to be alot older.
http://www.rondurrett.com/template1/nextpage.asp?lnv=4434436
January 16, 2008 at 4:01 PM #137084ParticipantI believe the houses you are describing are manufactured homes on land that you get a 99 year lease for. They are out in the Flynn Springs area and are by no means any kind of deal unless you HAVE had to rent. Now though, this shouldn’t be the case because of the current housing market tanking.
Houses in the El Cajon area are priced at approximately the same amounts found in Temecula……….though they tend to be alot older.
http://www.rondurrett.com/template1/nextpage.asp?lnv=4434436
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