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  • January 24, 2008 at 12:39 AM #142204
    Eugene
    Participant

    BTW, I’m not saying that San Diego is back to fundamentals. I’m not even saying that 4S Ranch as a whole is back to fundamentals. In fact much of the resale market is still 15-20% or so overpriced, even at todays interest rates. (The cheapest 3500 sq ft resale I see in 4S ranch is listed for 775K)

    January 24, 2008 at 12:39 AM #141883
    an
    Participant

    drunkle, point taken. I guess I was projecting the area I’m interested in to the rest of the other areas, which is wrong. We both agree then. I should have said, “ASSUMING 2003 is at fundamental…”. But since I’m talking about Jan 01, 2003 price instead of Dec 31, 2003 price, I’m not completely wrong, right? :-D.

    January 24, 2008 at 12:39 AM #142107
    an
    Participant

    drunkle, point taken. I guess I was projecting the area I’m interested in to the rest of the other areas, which is wrong. We both agree then. I should have said, “ASSUMING 2003 is at fundamental…”. But since I’m talking about Jan 01, 2003 price instead of Dec 31, 2003 price, I’m not completely wrong, right? :-D.

    January 24, 2008 at 12:39 AM #142122
    an
    Participant

    drunkle, point taken. I guess I was projecting the area I’m interested in to the rest of the other areas, which is wrong. We both agree then. I should have said, “ASSUMING 2003 is at fundamental…”. But since I’m talking about Jan 01, 2003 price instead of Dec 31, 2003 price, I’m not completely wrong, right? :-D.

    January 24, 2008 at 12:39 AM #142147
    an
    Participant

    drunkle, point taken. I guess I was projecting the area I’m interested in to the rest of the other areas, which is wrong. We both agree then. I should have said, “ASSUMING 2003 is at fundamental…”. But since I’m talking about Jan 01, 2003 price instead of Dec 31, 2003 price, I’m not completely wrong, right? :-D.

    January 24, 2008 at 12:39 AM #142209
    an
    Participant

    drunkle, point taken. I guess I was projecting the area I’m interested in to the rest of the other areas, which is wrong. We both agree then. I should have said, “ASSUMING 2003 is at fundamental…”. But since I’m talking about Jan 01, 2003 price instead of Dec 31, 2003 price, I’m not completely wrong, right? :-D.

    January 24, 2008 at 12:45 AM #141893
    drunkle
    Participant

    asian:

    sure. and i’m looking for prices to hit where i can responsibly pay the mortgage, save for retirement and still have fun. which is why 2000 is my “fundamental”…

    btw, my “fundamental” includes a 4 car garage, 2 acres with beach access and a pool. and a shack to crash in… so it’s cool.

    January 24, 2008 at 12:45 AM #142117
    drunkle
    Participant

    asian:

    sure. and i’m looking for prices to hit where i can responsibly pay the mortgage, save for retirement and still have fun. which is why 2000 is my “fundamental”…

    btw, my “fundamental” includes a 4 car garage, 2 acres with beach access and a pool. and a shack to crash in… so it’s cool.

    January 24, 2008 at 12:45 AM #142131
    drunkle
    Participant

    asian:

    sure. and i’m looking for prices to hit where i can responsibly pay the mortgage, save for retirement and still have fun. which is why 2000 is my “fundamental”…

    btw, my “fundamental” includes a 4 car garage, 2 acres with beach access and a pool. and a shack to crash in… so it’s cool.

    January 24, 2008 at 12:45 AM #142157
    drunkle
    Participant

    asian:

    sure. and i’m looking for prices to hit where i can responsibly pay the mortgage, save for retirement and still have fun. which is why 2000 is my “fundamental”…

    btw, my “fundamental” includes a 4 car garage, 2 acres with beach access and a pool. and a shack to crash in… so it’s cool.

    January 24, 2008 at 12:45 AM #142219
    drunkle
    Participant

    asian:

    sure. and i’m looking for prices to hit where i can responsibly pay the mortgage, save for retirement and still have fun. which is why 2000 is my “fundamental”…

    btw, my “fundamental” includes a 4 car garage, 2 acres with beach access and a pool. and a shack to crash in… so it’s cool.

    January 24, 2008 at 12:45 AM #141888
    Anonymous
    Guest

    asian: But 2003 nominal price + 5 years of inflation, would not be too bad of a deal. When I’m talking about 2003 price, I mean Jan 1st, 2003, not Dec 31st, since 2003 saw a HUGE run up.

    And if the price drops 6 months later with comparable interest rates, then yeah, it’s a bad deal if you care as much as I do about losing money.

    January 24, 2008 at 12:45 AM #142112
    Anonymous
    Guest

    asian: But 2003 nominal price + 5 years of inflation, would not be too bad of a deal. When I’m talking about 2003 price, I mean Jan 1st, 2003, not Dec 31st, since 2003 saw a HUGE run up.

    And if the price drops 6 months later with comparable interest rates, then yeah, it’s a bad deal if you care as much as I do about losing money.

    January 24, 2008 at 12:45 AM #142127
    Anonymous
    Guest

    asian: But 2003 nominal price + 5 years of inflation, would not be too bad of a deal. When I’m talking about 2003 price, I mean Jan 1st, 2003, not Dec 31st, since 2003 saw a HUGE run up.

    And if the price drops 6 months later with comparable interest rates, then yeah, it’s a bad deal if you care as much as I do about losing money.

    January 24, 2008 at 12:45 AM #142152
    Anonymous
    Guest

    asian: But 2003 nominal price + 5 years of inflation, would not be too bad of a deal. When I’m talking about 2003 price, I mean Jan 1st, 2003, not Dec 31st, since 2003 saw a HUGE run up.

    And if the price drops 6 months later with comparable interest rates, then yeah, it’s a bad deal if you care as much as I do about losing money.

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