marion – Sometimes I’m rational and calm about the market and take it in stride. But I admit I have my moments when I see some sales that I wouldn’t expect to happen, I get emotional. Can’t let it get the best of me. Just throws me for a loop.
deadzone – I’ve been trying to learn by reading this board and other links on here. I’ve been watching the market for several years. Although there’s not major development in PB like, say, downtown or 4$ or Chula Vista, there are a lot of Amstrong townhomes and alike thrown up. The little shacks get bought up for 800k, pushing the price up for regular homes. Then the guy mows the shack down and throws 4 townhomes up in its place for 650-700k a piece.
Also, there’s been a lot of apartment/condo conversions as well. You told me about the story of your neighbor and you seem convinced it won’t sell at the high price they are asking. What if it did? That’s the kind of crazy sales I’m seeing in PB.
Makes me question whether I’m the one in denial. I see places on the market a long time. I see some reductions, but ever so slight. I don’t see it to 2004 levels yet on houses, or even townhomes, at least not in PB.
But I appreciate everyone’s feedback. I know it will take longer for the coast. Just have to be more patient and calm. Thanks all for letting me go on about this and thanks for your patience w/my anxieties.
