[quote=SK in CV]Are there still a lot of MM homes underwater, or has that pretty much all been resolved?[/quote]
There are still underwater homes, particularly attached, but short sales get snapped up pretty quickly too.
Contrary to what some want to think, I do believe that as long as the tech center continue to hold water here, people are gonna continue to see prices rise in this neighborhood as they continue to wait. Kinda like CarmelV.
That link that AN posted to pardee…$150k would put you in a home in short sale home CarmelV…I guess some people no longer want to wait and want brand new construction and can afford it.
I remember some folks suggested 50% off of coastal property awhile back ago… Good luck getting 50% off in lizardland Mira Mesa in the foreseeable future.
I’m gonna try to shift to SFH now in this area, since I don’t think it will be possible for me to buy anything else attached at the levels that I was hoping for….Except me thinks I’m gonna get priced out now by others who will bid this up to for SFH…
I really hope those investor companies aren’t active in this area as some say they are. I believe those people who say they are active, I just wish it wasn’t true.