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- This topic has 45 replies, 6 voices, and was last updated 16 years, 6 months ago by
SD Realtor.
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March 12, 2008 at 7:31 PM #12085March 12, 2008 at 8:23 PM #168255
SD Realtor
ParticipantGotta run to help the mrs out with the kids. Will comment later tonite. There are also a few people here who have strong Coronado experience.
SD Realtor
March 12, 2008 at 8:23 PM #168583SD Realtor
ParticipantGotta run to help the mrs out with the kids. Will comment later tonite. There are also a few people here who have strong Coronado experience.
SD Realtor
March 12, 2008 at 8:23 PM #168586SD Realtor
ParticipantGotta run to help the mrs out with the kids. Will comment later tonite. There are also a few people here who have strong Coronado experience.
SD Realtor
March 12, 2008 at 8:23 PM #168614SD Realtor
ParticipantGotta run to help the mrs out with the kids. Will comment later tonite. There are also a few people here who have strong Coronado experience.
SD Realtor
March 12, 2008 at 8:23 PM #168687SD Realtor
ParticipantGotta run to help the mrs out with the kids. Will comment later tonite. There are also a few people here who have strong Coronado experience.
SD Realtor
March 12, 2008 at 11:08 PM #168733SD Realtor
ParticipantOkay I am back… I have found that Coronado homeowners that are looking to sell are amongst the strongest in denial right now. I ran a pretty comprehensive analysis for a client out there a few days ago and I was quite surprised at how few transactions there are out there. Even with the lack of pendings (homes in escrow) sellers still don’t seem to get it. I have indeed seen price declines on the sold homes there even in light of the denial.
I think your analysis that Coronado will not be near the bottom a year from now is one that I agree with. I think Coronado will be on the back end of the cycle and whether it depreciates as much as lower end areas is debateable. Are you interested in the village or the cays? At any rate you seem spot on regarding your analysis so you should do well.
SD Realtor
March 12, 2008 at 11:08 PM #168809SD Realtor
ParticipantOkay I am back… I have found that Coronado homeowners that are looking to sell are amongst the strongest in denial right now. I ran a pretty comprehensive analysis for a client out there a few days ago and I was quite surprised at how few transactions there are out there. Even with the lack of pendings (homes in escrow) sellers still don’t seem to get it. I have indeed seen price declines on the sold homes there even in light of the denial.
I think your analysis that Coronado will not be near the bottom a year from now is one that I agree with. I think Coronado will be on the back end of the cycle and whether it depreciates as much as lower end areas is debateable. Are you interested in the village or the cays? At any rate you seem spot on regarding your analysis so you should do well.
SD Realtor
March 12, 2008 at 11:08 PM #168706SD Realtor
ParticipantOkay I am back… I have found that Coronado homeowners that are looking to sell are amongst the strongest in denial right now. I ran a pretty comprehensive analysis for a client out there a few days ago and I was quite surprised at how few transactions there are out there. Even with the lack of pendings (homes in escrow) sellers still don’t seem to get it. I have indeed seen price declines on the sold homes there even in light of the denial.
I think your analysis that Coronado will not be near the bottom a year from now is one that I agree with. I think Coronado will be on the back end of the cycle and whether it depreciates as much as lower end areas is debateable. Are you interested in the village or the cays? At any rate you seem spot on regarding your analysis so you should do well.
SD Realtor
March 12, 2008 at 11:08 PM #168703SD Realtor
ParticipantOkay I am back… I have found that Coronado homeowners that are looking to sell are amongst the strongest in denial right now. I ran a pretty comprehensive analysis for a client out there a few days ago and I was quite surprised at how few transactions there are out there. Even with the lack of pendings (homes in escrow) sellers still don’t seem to get it. I have indeed seen price declines on the sold homes there even in light of the denial.
I think your analysis that Coronado will not be near the bottom a year from now is one that I agree with. I think Coronado will be on the back end of the cycle and whether it depreciates as much as lower end areas is debateable. Are you interested in the village or the cays? At any rate you seem spot on regarding your analysis so you should do well.
SD Realtor
March 12, 2008 at 11:08 PM #168375SD Realtor
ParticipantOkay I am back… I have found that Coronado homeowners that are looking to sell are amongst the strongest in denial right now. I ran a pretty comprehensive analysis for a client out there a few days ago and I was quite surprised at how few transactions there are out there. Even with the lack of pendings (homes in escrow) sellers still don’t seem to get it. I have indeed seen price declines on the sold homes there even in light of the denial.
I think your analysis that Coronado will not be near the bottom a year from now is one that I agree with. I think Coronado will be on the back end of the cycle and whether it depreciates as much as lower end areas is debateable. Are you interested in the village or the cays? At any rate you seem spot on regarding your analysis so you should do well.
SD Realtor
March 13, 2008 at 7:17 AM #168518Casca
ParticipantSDR is exactly right. I’ve lived here for the past decade, and witnessed the bottom to top rise. There has been a lot of condo construction, “Billy Boxes”, named after a local builder famous for stuffing a three unit on one lot. At the peak, these individual units were going for over a mil. I don’t have any numbers, but my perception is that a lot of the newer units are empty. There are a lot of properties for sale in the village. By the time you get here, the denial stage should be over.
March 13, 2008 at 7:17 AM #168846Casca
ParticipantSDR is exactly right. I’ve lived here for the past decade, and witnessed the bottom to top rise. There has been a lot of condo construction, “Billy Boxes”, named after a local builder famous for stuffing a three unit on one lot. At the peak, these individual units were going for over a mil. I don’t have any numbers, but my perception is that a lot of the newer units are empty. There are a lot of properties for sale in the village. By the time you get here, the denial stage should be over.
March 13, 2008 at 7:17 AM #168852Casca
ParticipantSDR is exactly right. I’ve lived here for the past decade, and witnessed the bottom to top rise. There has been a lot of condo construction, “Billy Boxes”, named after a local builder famous for stuffing a three unit on one lot. At the peak, these individual units were going for over a mil. I don’t have any numbers, but my perception is that a lot of the newer units are empty. There are a lot of properties for sale in the village. By the time you get here, the denial stage should be over.
March 13, 2008 at 7:17 AM #168875Casca
ParticipantSDR is exactly right. I’ve lived here for the past decade, and witnessed the bottom to top rise. There has been a lot of condo construction, “Billy Boxes”, named after a local builder famous for stuffing a three unit on one lot. At the peak, these individual units were going for over a mil. I don’t have any numbers, but my perception is that a lot of the newer units are empty. There are a lot of properties for sale in the village. By the time you get here, the denial stage should be over.
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