Yepp I just submitted an offer to the Caminito Calor home here in Scripps. It is a fixer of sorts, but it is south of Pomerado where we really want to be. Yard wise it is just okay, the lot is a bit more then 1/4 acre but the orientation is not great. The privacy is really good though… Housewise the sf is good and the layout is pretty good as well. However it could use about 150k in work inside to get into the ballpark of being decent.
I think you may have mistook optimism for my defense of people making offers. I know we had that one stretch over the past few months in the spring where it seems like we had ALOT of people posting asking about buying and even starting off posts with “forgive me but I am submitting an offer…”
I don’t think I have ever said or even tried to imply the market is turning around or even close to it. What I have tried to do is defend those who are buying for other reasons besides trying to find the bottom of the market. It also seems that my statements about many short sales having offers on them, as well as fairly robust levels of activity for REOs in Mira Mesa and PQ, as well as quality properties in other areas may have left an implication that I was more “positive” on the market. If it did that was not the intent. The intent was to give a snapshot of the frustration that buyers have had of late. Right now I have several different offers in (from a few different buyers) on properties right now. Also another reservation for a 4S new home but to me that doesn’t count.
In all those cases the buyers know my stance 100% but they have weighed the factors involved and made thier choice accordingly. Now, on all of those properties, the buyers are prudently coming in aggressively but the properties are all short sales and very frustrating to deal with.
Anyways as far as my own offer goes it looks like I have been outbid by a few other people so looks like I am sol and am standing firm on my spot.
