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  • May 18, 2008 at 8:51 AM #12776
    tomato
    Participant

    First time here, nice site to get a dose of reality.
    I am probably much older than most of you here, owning many homes over many years. Lost money on some, made a lot on many others. (Owner occupied on all).
    I know there will be future bloodletting in the wild and unpredictable market. I just moved here and my wife and I will always be a homeowner in an upscale house.
    I am amazed and the “variableness” of the $ per square foot ratios in these two areas. Some people think a larger back yard is worth $150,000 premium. And there they sit with a “holier than thou” attitude with the house on the market. Trouble is, I want to buy it and I wont submit an offer that wont be considered.
    Soooooo, I sit tight yet cautiously look for the reasonable seller. We will definitely buy this Spring/Summer as my personal situation is not one focused on money. I am amazed at the number of sellers who think this market has bottomed and they plan to personally start the reversal back up.
    Question – why the optimism from so many sellers in Scripps ranch? $340/sq.ft. !

    Also, to those that predict with absolute certainty what will happen here or there. A word of advice. If you are so very sure of where something is headed, then play the commodities market.

    Just a bit of commentary!

    FYI: Looking for a home about 2500 sq ft with a nice kitchen and gardenable backyard with at least a bit of privacy in Scripps or CV.

    May 18, 2008 at 1:54 PM #206982
    San Diego Native
    Participant

    You might want to check out sdlookup.com. The zip codes for the areas you mentioned would be 92131 for Scripps and 92130 for CV. Lots of good information there–PPSF/HOA Fees/Mello Roos, Schools, etc. Also, there are several great realtors on this forum, who, I’m sure, would be glad to work with you.

    If you check out previous posts by SD Realtor in particular, you will note that the areas you desire are still very “sticky” with regard to
    price–because they are so desirable.

    We own a home in La Jolla, and, it seems, pricing is “sticky” here, too. Only time will tell to what degree prices in the most desirable areas will fall. You could always try making offers if you find something you like.

    May 18, 2008 at 1:54 PM #207036
    San Diego Native
    Participant

    You might want to check out sdlookup.com. The zip codes for the areas you mentioned would be 92131 for Scripps and 92130 for CV. Lots of good information there–PPSF/HOA Fees/Mello Roos, Schools, etc. Also, there are several great realtors on this forum, who, I’m sure, would be glad to work with you.

    If you check out previous posts by SD Realtor in particular, you will note that the areas you desire are still very “sticky” with regard to
    price–because they are so desirable.

    We own a home in La Jolla, and, it seems, pricing is “sticky” here, too. Only time will tell to what degree prices in the most desirable areas will fall. You could always try making offers if you find something you like.

    May 18, 2008 at 1:54 PM #207065
    San Diego Native
    Participant

    You might want to check out sdlookup.com. The zip codes for the areas you mentioned would be 92131 for Scripps and 92130 for CV. Lots of good information there–PPSF/HOA Fees/Mello Roos, Schools, etc. Also, there are several great realtors on this forum, who, I’m sure, would be glad to work with you.

    If you check out previous posts by SD Realtor in particular, you will note that the areas you desire are still very “sticky” with regard to
    price–because they are so desirable.

    We own a home in La Jolla, and, it seems, pricing is “sticky” here, too. Only time will tell to what degree prices in the most desirable areas will fall. You could always try making offers if you find something you like.

    May 18, 2008 at 1:54 PM #207091
    San Diego Native
    Participant

    You might want to check out sdlookup.com. The zip codes for the areas you mentioned would be 92131 for Scripps and 92130 for CV. Lots of good information there–PPSF/HOA Fees/Mello Roos, Schools, etc. Also, there are several great realtors on this forum, who, I’m sure, would be glad to work with you.

    If you check out previous posts by SD Realtor in particular, you will note that the areas you desire are still very “sticky” with regard to
    price–because they are so desirable.

    We own a home in La Jolla, and, it seems, pricing is “sticky” here, too. Only time will tell to what degree prices in the most desirable areas will fall. You could always try making offers if you find something you like.

    May 18, 2008 at 1:54 PM #207119
    San Diego Native
    Participant

    You might want to check out sdlookup.com. The zip codes for the areas you mentioned would be 92131 for Scripps and 92130 for CV. Lots of good information there–PPSF/HOA Fees/Mello Roos, Schools, etc. Also, there are several great realtors on this forum, who, I’m sure, would be glad to work with you.

    If you check out previous posts by SD Realtor in particular, you will note that the areas you desire are still very “sticky” with regard to
    price–because they are so desirable.

    We own a home in La Jolla, and, it seems, pricing is “sticky” here, too. Only time will tell to what degree prices in the most desirable areas will fall. You could always try making offers if you find something you like.

    May 18, 2008 at 5:19 PM #207082
    tomato
    Participant

    I found this forum via links from SDLookup – great site.
    I checked out Tierrasanta today, I was pleasantly surprised.
    One thing that confused me on the SDLookup site – the $/ft ratio is pegged using the highest of the range. That’s just wrong as there is nobody buying anything at the top, or even the bottom.

    May 18, 2008 at 5:19 PM #207136
    tomato
    Participant

    I found this forum via links from SDLookup – great site.
    I checked out Tierrasanta today, I was pleasantly surprised.
    One thing that confused me on the SDLookup site – the $/ft ratio is pegged using the highest of the range. That’s just wrong as there is nobody buying anything at the top, or even the bottom.

    May 18, 2008 at 5:19 PM #207164
    tomato
    Participant

    I found this forum via links from SDLookup – great site.
    I checked out Tierrasanta today, I was pleasantly surprised.
    One thing that confused me on the SDLookup site – the $/ft ratio is pegged using the highest of the range. That’s just wrong as there is nobody buying anything at the top, or even the bottom.

    May 18, 2008 at 5:19 PM #207220
    tomato
    Participant

    I found this forum via links from SDLookup – great site.
    I checked out Tierrasanta today, I was pleasantly surprised.
    One thing that confused me on the SDLookup site – the $/ft ratio is pegged using the highest of the range. That’s just wrong as there is nobody buying anything at the top, or even the bottom.

    May 18, 2008 at 5:19 PM #207192
    tomato
    Participant

    I found this forum via links from SDLookup – great site.
    I checked out Tierrasanta today, I was pleasantly surprised.
    One thing that confused me on the SDLookup site – the $/ft ratio is pegged using the highest of the range. That’s just wrong as there is nobody buying anything at the top, or even the bottom.

    May 18, 2008 at 7:11 PM #207275
    SD Realtor
    Participant

    Hi Tomato –

    Trying to figure out sellers behavior is really tough. They (or shall I say most of them) really don’t figure it out until it is to late. Sprinkle that in with some buying activity where the buyers simply did not care simmer over a pretty active spring for a few weeks and you get baked denial. The flipped home on Reisling is a sparkling example of what should have never been… but what did happen. A purchase at 612k and a CASH sale in the high 700k almost 800k range several months later. Patience will be required…

    Tierra Santa is not a bad alternative in terms of making your dollar stretch a bit farther.

    SD Realtor

    May 18, 2008 at 7:11 PM #207246
    SD Realtor
    Participant

    Hi Tomato –

    Trying to figure out sellers behavior is really tough. They (or shall I say most of them) really don’t figure it out until it is to late. Sprinkle that in with some buying activity where the buyers simply did not care simmer over a pretty active spring for a few weeks and you get baked denial. The flipped home on Reisling is a sparkling example of what should have never been… but what did happen. A purchase at 612k and a CASH sale in the high 700k almost 800k range several months later. Patience will be required…

    Tierra Santa is not a bad alternative in terms of making your dollar stretch a bit farther.

    SD Realtor

    May 18, 2008 at 7:11 PM #207222
    SD Realtor
    Participant

    Hi Tomato –

    Trying to figure out sellers behavior is really tough. They (or shall I say most of them) really don’t figure it out until it is to late. Sprinkle that in with some buying activity where the buyers simply did not care simmer over a pretty active spring for a few weeks and you get baked denial. The flipped home on Reisling is a sparkling example of what should have never been… but what did happen. A purchase at 612k and a CASH sale in the high 700k almost 800k range several months later. Patience will be required…

    Tierra Santa is not a bad alternative in terms of making your dollar stretch a bit farther.

    SD Realtor

    May 18, 2008 at 7:11 PM #207189
    SD Realtor
    Participant

    Hi Tomato –

    Trying to figure out sellers behavior is really tough. They (or shall I say most of them) really don’t figure it out until it is to late. Sprinkle that in with some buying activity where the buyers simply did not care simmer over a pretty active spring for a few weeks and you get baked denial. The flipped home on Reisling is a sparkling example of what should have never been… but what did happen. A purchase at 612k and a CASH sale in the high 700k almost 800k range several months later. Patience will be required…

    Tierra Santa is not a bad alternative in terms of making your dollar stretch a bit farther.

    SD Realtor

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