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  • January 28, 2010 at 1:33 PM #16963
    werewolf34
    Participant

    Hi all

    Anybody still tracking downtown condos?

    I am curious what the latest info is on the area?

    Can anybody get loans on these?
    Have the cash buyers rushed in?
    Will Lassie save Timmy from the well?

    January 28, 2010 at 7:20 PM #506763
    briansd1
    Guest

    Most of downtown was built during the boom.

    Most of the purchases were speculative and even the residents gambled on their own units.

    Those purchases will be purged one way or another. Losses in excess of $100,000 are the norm and apply to almost all listings. People can’t absorb those kinds of losses. The unraveling will leave few standing.

    A recovery from the trough is not the same as a return to the peak. Only a quick return to the peak and beyond will save those who are running out of wherewithal.

    Here is an example.
    http://www.sdlookup.com/Property-9CC29247-1199_Pacific_Hwy_504_San_Diego_CA_92101#94683

    January 28, 2010 at 7:20 PM #506911
    briansd1
    Guest

    Most of downtown was built during the boom.

    Most of the purchases were speculative and even the residents gambled on their own units.

    Those purchases will be purged one way or another. Losses in excess of $100,000 are the norm and apply to almost all listings. People can’t absorb those kinds of losses. The unraveling will leave few standing.

    A recovery from the trough is not the same as a return to the peak. Only a quick return to the peak and beyond will save those who are running out of wherewithal.

    Here is an example.
    http://www.sdlookup.com/Property-9CC29247-1199_Pacific_Hwy_504_San_Diego_CA_92101#94683

    January 28, 2010 at 7:20 PM #507667
    briansd1
    Guest

    Most of downtown was built during the boom.

    Most of the purchases were speculative and even the residents gambled on their own units.

    Those purchases will be purged one way or another. Losses in excess of $100,000 are the norm and apply to almost all listings. People can’t absorb those kinds of losses. The unraveling will leave few standing.

    A recovery from the trough is not the same as a return to the peak. Only a quick return to the peak and beyond will save those who are running out of wherewithal.

    Here is an example.
    http://www.sdlookup.com/Property-9CC29247-1199_Pacific_Hwy_504_San_Diego_CA_92101#94683

    January 28, 2010 at 7:20 PM #507413
    briansd1
    Guest

    Most of downtown was built during the boom.

    Most of the purchases were speculative and even the residents gambled on their own units.

    Those purchases will be purged one way or another. Losses in excess of $100,000 are the norm and apply to almost all listings. People can’t absorb those kinds of losses. The unraveling will leave few standing.

    A recovery from the trough is not the same as a return to the peak. Only a quick return to the peak and beyond will save those who are running out of wherewithal.

    Here is an example.
    http://www.sdlookup.com/Property-9CC29247-1199_Pacific_Hwy_504_San_Diego_CA_92101#94683

    January 28, 2010 at 7:20 PM #507319
    briansd1
    Guest

    Most of downtown was built during the boom.

    Most of the purchases were speculative and even the residents gambled on their own units.

    Those purchases will be purged one way or another. Losses in excess of $100,000 are the norm and apply to almost all listings. People can’t absorb those kinds of losses. The unraveling will leave few standing.

    A recovery from the trough is not the same as a return to the peak. Only a quick return to the peak and beyond will save those who are running out of wherewithal.

    Here is an example.
    http://www.sdlookup.com/Property-9CC29247-1199_Pacific_Hwy_504_San_Diego_CA_92101#94683

    January 28, 2010 at 9:41 PM #507369
    blahblahblah
    Participant

    Ouch! $775/mo association fee. That’s gonna leave a mark…

    January 28, 2010 at 9:41 PM #507717
    blahblahblah
    Participant

    Ouch! $775/mo association fee. That’s gonna leave a mark…

    January 28, 2010 at 9:41 PM #507463
    blahblahblah
    Participant

    Ouch! $775/mo association fee. That’s gonna leave a mark…

    January 28, 2010 at 9:41 PM #506961
    blahblahblah
    Participant

    Ouch! $775/mo association fee. That’s gonna leave a mark…

    January 28, 2010 at 9:41 PM #506812
    blahblahblah
    Participant

    Ouch! $775/mo association fee. That’s gonna leave a mark…

    January 29, 2010 at 7:11 PM #507256
    sd_matt
    Participant

    Wow

    I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

    What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.

    January 29, 2010 at 7:11 PM #507110
    sd_matt
    Participant

    Wow

    I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

    What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.

    January 29, 2010 at 7:11 PM #507665
    sd_matt
    Participant

    Wow

    I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

    What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.

    January 29, 2010 at 7:11 PM #507758
    sd_matt
    Participant

    Wow

    I was shocked at El Cortez’s HOA of around $600. Don’t quote me though.

    What ever happened with Smart Corner? I think it is that one with the trolley going through it. It advertised for a second auction or sale.

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