Home › Forums › Housing › A post on Housing › Price is still sticky in
Price is still sticky in carmel valley, although there appears to be signs of a big let down coming in the attached markets…
SDR, my favorite discussion. The Crest at Del Mar. The agent did lower the price 4 times…though the last one was a $1000 discount. Whoohoo.
3/3bedroom now sits at $475k and 107 days on the market.
http://www.sdlookup.com/MLS-080046466-12601_El_Camino_Real_A_San_Diego_Ca_92130
“Motivated seller” means that the person is facing foreclosure.
I forget which seller, but one of the owners selling in this complex, took equity out and invested it elsewhere in RE, so I’m told.
Off 23% from pre-peak of 2004, and about 29% off from peak of 2005.
My buy in would be probably around $390k and change. …almost there….. 🙂
