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Home › Forums › Closed Forums › Properties or Areas › 37% Price Drop in 4S Ranch –3000+ sq ft homes

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  • July 1, 2008 at 6:34 AM #231875
    Bugs
    Participant

    Either that or maybe there were a lot of “options and upgrades”. Most of these builders really raped their buyers for these options by grossly inflating their costs. I mean, really abusive markups.

    The irony is that in 3 or 4 years after the initial purchase these upgrades all-but disappear in the resale transactions.

    This is just the beginning. I think the really big declines for 4S are at least a year away at this point.

    July 1, 2008 at 9:37 AM #231751
    LAAFTERHOURS
    Participant

    I would like to see all of 4s drop to 200 per sq ft or less.

    July 1, 2008 at 9:37 AM #231872
    LAAFTERHOURS
    Participant

    I would like to see all of 4s drop to 200 per sq ft or less.

    July 1, 2008 at 9:37 AM #231883
    LAAFTERHOURS
    Participant

    I would like to see all of 4s drop to 200 per sq ft or less.

    July 1, 2008 at 9:37 AM #231923
    LAAFTERHOURS
    Participant

    I would like to see all of 4s drop to 200 per sq ft or less.

    July 1, 2008 at 9:37 AM #231934
    LAAFTERHOURS
    Participant

    I would like to see all of 4s drop to 200 per sq ft or less.

    July 1, 2008 at 9:46 AM #231756
    Bugs
    Participant

    That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    July 1, 2008 at 9:46 AM #231879
    Bugs
    Participant

    That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    July 1, 2008 at 9:46 AM #231888
    Bugs
    Participant

    That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    July 1, 2008 at 9:46 AM #231930
    Bugs
    Participant

    That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    July 1, 2008 at 9:46 AM #231939
    Bugs
    Participant

    That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    July 1, 2008 at 11:00 AM #231781
    an
    Participant

    [quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    [/quote]
    I really hope you’re right Bugs. @ $150/sq-ft, you’re looking at $450k for a 3000 sq-ft house. Seems very reasonable to me, even if interest rates goes up a couple of percent.

    July 1, 2008 at 11:00 AM #231905
    an
    Participant

    [quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    [/quote]
    I really hope you’re right Bugs. @ $150/sq-ft, you’re looking at $450k for a 3000 sq-ft house. Seems very reasonable to me, even if interest rates goes up a couple of percent.

    July 1, 2008 at 11:00 AM #231912
    an
    Participant

    [quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    [/quote]
    I really hope you’re right Bugs. @ $150/sq-ft, you’re looking at $450k for a 3000 sq-ft house. Seems very reasonable to me, even if interest rates goes up a couple of percent.

    July 1, 2008 at 11:00 AM #231953
    an
    Participant

    [quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

    [/quote]
    I really hope you’re right Bugs. @ $150/sq-ft, you’re looking at $450k for a 3000 sq-ft house. Seems very reasonable to me, even if interest rates goes up a couple of percent.

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