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SD Realtor.
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December 16, 2008 at 2:37 PM #14635December 16, 2008 at 3:09 PM #316285December 16, 2008 at 3:09 PM #316639December 16, 2008 at 3:09 PM #316680December 16, 2008 at 3:09 PM #316698December 16, 2008 at 3:09 PM #316775December 16, 2008 at 7:46 PM #316471
sunny88
ParticipantJust like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.
December 16, 2008 at 7:46 PM #316822ParticipantJust like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.
December 16, 2008 at 7:46 PM #316864ParticipantJust like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.
December 16, 2008 at 7:46 PM #316885ParticipantJust like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.
December 16, 2008 at 7:46 PM #316958ParticipantJust like you we have been watching the market in Santaluz closely. Many homes in the gated community have been on the market for a long time without price reduction. A few weekends ago there were over 10 open houses in this community. One of the agents told us that some of the homes were bought by realtors in the hope of a quick sale and were never occupied. I can’t imagine that any of these homes will be sold at the current asking prices! We are therefore also waiting for a price reduction before making a bid.
December 16, 2008 at 10:19 PM #316932SD Realtor
ParticipantI think that both of these communities will come down dramatically over time. My sheer speculative guess would be 20% in the next 2 years would not be outlandish. Could be a bit more. You just need to be patient and hope that some of these homeowners lose thier homes.
December 16, 2008 at 10:19 PM #317069ParticipantI think that both of these communities will come down dramatically over time. My sheer speculative guess would be 20% in the next 2 years would not be outlandish. Could be a bit more. You just need to be patient and hope that some of these homeowners lose thier homes.
December 16, 2008 at 10:19 PM #316995ParticipantI think that both of these communities will come down dramatically over time. My sheer speculative guess would be 20% in the next 2 years would not be outlandish. Could be a bit more. You just need to be patient and hope that some of these homeowners lose thier homes.
December 16, 2008 at 10:19 PM #316974ParticipantI think that both of these communities will come down dramatically over time. My sheer speculative guess would be 20% in the next 2 years would not be outlandish. Could be a bit more. You just need to be patient and hope that some of these homeowners lose thier homes.
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