[quote=sdduuuude]bg – that was an error. Thanks for noticing it. I fixed it. Only 2 short.
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Well, ya. an inventory of 1 is enough if it is the right house.
First thing to note – the < $1M filter gets down to 14 homes right off the bat.
My personal search results which filter on objective things gets me to 6. Of those 6, I could live in 2 of them. My wife could also live in two of them. That leaves 1 we could both live with. It is overpriced by $120,000.
So, no. 60 (44, actually) is not enough.[/quote]
sdduuuude, that's the "pricing" there. Not trying to lecture here (I'm re-e-e-eally not) but what YOU consider to be $120K "overpriced," is just the property that another buyer will not.
If you are down to 14 current listings (out of 60) that you can actually afford, that area is still "doable" for you to make a deal in NOW, IMO. But if you and/or your spouse think they can only live in two out of the 14 (which all presumably “meet your filter criteria”), then either make an offer on one of the two, forget your “filter criteria” and have 14 to pick from, find a more affordable area to shop in, or stay put. Based upon your most recent post, it doesn’t sound like CarmelV may be the area for you, IMHO.
Again, not trying to be facetious, but based upon your latest post, just “real.”
I’m not trying to be a “pushy” realtor and am not, in fact, at the present time, a “Realtor.”
It’s NOT going to get much better “after the Super Bowl,” IF any better at all, and may very likely get worse. It doesn’t sound like too many owners in CarmelV are “distressed.” These owners can and most likely will “wait for a better day” to list their properties for sale.
And that “better day” (for sellers in SD County) is still in the near or far future (whichever “theory” one believes in). Even hanging on just a few more months will bring them more $$, IMHO.
sdduuuude, I have a couple of suggestions for you which you may have already heard:
(1) Place a ~lower offer on one or both of those two “short sales” in CarmelV (regardless of condition since you may be able to get the property ~150K below market) and see which one (if any) “bite” first, then rescind your other offer.
(2) Put your current home on the market NOW or ASAP after you ready it for the market. You may be surprised at how much you can now recover from the sale of it. The proceeds from the sale of it may now be enough to get you into a CarmelV property that you and/or your spouse would be “willing to live in” 🙂