1025 brightwood 92078

[SD Realtor]

I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there.

[LAAFTERHOURS]

[quote=SD Realtor]I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there. [/quote]

There has to be considering homes built for the 700-800s in 2005 (3K sq ft) are dumping to low 500s.

Should be an interesting one to watch.

[LAAFTERHOURS]

[quote=SD Realtor]I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there. [/quote]

There has to be considering homes built for the 700-800s in 2005 (3K sq ft) are dumping to low 500s.

Should be an interesting one to watch.

[LAAFTERHOURS]

[quote=SD Realtor]I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there. [/quote]

There has to be considering homes built for the 700-800s in 2005 (3K sq ft) are dumping to low 500s.

Should be an interesting one to watch.

[LAAFTERHOURS]

[quote=SD Realtor]I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there. [/quote]

There has to be considering homes built for the 700-800s in 2005 (3K sq ft) are dumping to low 500s.

Should be an interesting one to watch.

[LAAFTERHOURS]

[quote=SD Realtor]I would agree with you LA… It will not surprise me if we see a bump this spring but in the long run I see more drops up there. [/quote]

There has to be considering homes built for the 700-800s in 2005 (3K sq ft) are dumping to low 500s.

Should be an interesting one to watch.

[waiting for bottom]

No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.

[waiting for bottom]

No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.

[waiting for bottom]

No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.

[waiting for bottom]

No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.

[waiting for bottom]

No way SEH gets a bump. Several homes sitting at $560K or less unsold. Nice homes too. These are the leftovers from spring for the most part – all those that sold got at least $600K.

Several more foreclosures not on the MLS yet – 1532 Crescent and 1480 Eden. Crescent was unsuccesfully listed at 550K last spring.

Also the preimer neighborhood (Schoolhouse Road) is craking down below 2004 levels – it was holding tight at 900K+ until about a week ago. I suspect this is the Alt-A territory within SEH.

[PKMAN]

SEH Mello Roos is too ridiculous

I thought long and hard about buying in SEH but ultimately looked elsewhere. This house, for example:

http://www.sdlookup.com/MLS-080071528-740_Hollowbrook_San_Marcos_Ca_92078

It looks great and at $480K is within my reach. However it’s MR is $5,400 semi-annually, with $84/mo. HOA and $9,211 of property tax. Do a quick math ($5,400×2 + $84×12 + $9,211) and I realized that I’d have to pay about $1,750 per month…before mortgage! This is too crazy.

As much as I love the “town within a town” concept of SEH, paying upward of $3,800 per month (mortgage + HOA + MR + property tax) is far from my affordability range. I think any family with combined annual income of less than $140K should stay away from SEH.

[PKMAN]

SEH Mello Roos is too ridiculous

I thought long and hard about buying in SEH but ultimately looked elsewhere. This house, for example:

http://www.sdlookup.com/MLS-080071528-740_Hollowbrook_San_Marcos_Ca_92078

It looks great and at $480K is within my reach. However it’s MR is $5,400 semi-annually, with $84/mo. HOA and $9,211 of property tax. Do a quick math ($5,400×2 + $84×12 + $9,211) and I realized that I’d have to pay about $1,750 per month…before mortgage! This is too crazy.

As much as I love the “town within a town” concept of SEH, paying upward of $3,800 per month (mortgage + HOA + MR + property tax) is far from my affordability range. I think any family with combined annual income of less than $140K should stay away from SEH.

[PKMAN]

SEH Mello Roos is too ridiculous

I thought long and hard about buying in SEH but ultimately looked elsewhere. This house, for example:

http://www.sdlookup.com/MLS-080071528-740_Hollowbrook_San_Marcos_Ca_92078

It looks great and at $480K is within my reach. However it’s MR is $5,400 semi-annually, with $84/mo. HOA and $9,211 of property tax. Do a quick math ($5,400×2 + $84×12 + $9,211) and I realized that I’d have to pay about $1,750 per month…before mortgage! This is too crazy.

As much as I love the “town within a town” concept of SEH, paying upward of $3,800 per month (mortgage + HOA + MR + property tax) is far from my affordability range. I think any family with combined annual income of less than $140K should stay away from SEH.

[PKMAN]

SEH Mello Roos is too ridiculous

I thought long and hard about buying in SEH but ultimately looked elsewhere. This house, for example:

http://www.sdlookup.com/MLS-080071528-740_Hollowbrook_San_Marcos_Ca_92078

It looks great and at $480K is within my reach. However it’s MR is $5,400 semi-annually, with $84/mo. HOA and $9,211 of property tax. Do a quick math ($5,400×2 + $84×12 + $9,211) and I realized that I’d have to pay about $1,750 per month…before mortgage! This is too crazy.

As much as I love the “town within a town” concept of SEH, paying upward of $3,800 per month (mortgage + HOA + MR + property tax) is far from my affordability range. I think any family with combined annual income of less than $140K should stay away from SEH.

[Author]

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