Carlsbad sellers in denial: please stop wasting our time with your ads for overpriced homes. It’s not 2005 any more. If you have a nicely upgraded home with a water or pleasant canyon view in San Elijo Hills, or wherever, lots of folks are ready to buy it for $200/sq ft. If you have a lot with a home that makes you feel like you live in a fishbowl under the watchful eyes of neighbors, I think a bigger discount is warranted.
If you are trying to get $699 ($899!) for your 2500 square foot home burdened with Mello Roos, HOA fees, etc., etc., well, you may just want to take it off the market and enjoy it for a while–not one is buying and you’re cluttering up the marketplace with ads for homes that will never sell. Why the same homes get reposted several times a week for months on end without so much as a 5% discount is a mystery to many of us would-be buyers.
Sorry to be a spoilsport, but this market will remain a standstill until prices roll back to 2003 or before. It’s no one else’s problem if you paid too much, and it’s really no one else’s doing if you did so with a toxic loan that you can no longer afford. When prices reach a sensible median, which has some bearing to median household income in No. County, the market will be teeming with buyers.
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