If there is a submarket that is really taking it on the chin in Scripps it is absolutely Stonebridge. No way this home goes for what they are asking but ya know… stranger things have happened. I have whined enough about the flipper who successfully flipped the home around the corner from me on Riesling.. Bought it for like 612k and sold it for 785k… Closed escrow a few weeks ago… the buyer was represented by Prudential and paid all cash.. I wonder if that buyers agent pointed out that less then a year ago that home was sold for 612k… anyways I am bitter and that is not good…
Getting back to this home it has been listed many a time so the seller figures maybe he will find a sucker… it wouldn’t be the first right?
Also Scripps seems pretty active still… At least the active pending ratio is back below 2:1… At the moment it is 95 actives and 43 pendings… that is pretty robust to my chagrin….
