4S Ranch–Builders not negotiating

[LAAFTERHOURS]

4s Renter

My wife sells a product to homebuilders so she frequently visits all builders to promote her product and keep her relationships strong through this terrible market. She visited Maybeck the other day and found that they are releasing lower pricing in the next week or two. So I went with her to walk the models yesterday since we live around the corner (in a rental home 🙂 and the agent confirmed that prices were to be released, she guessed starting at 610-620. There are also incentives in addition to the pricing for using the financing unit of the builder (not always the best rates though).

This isnt breakthrough pricing but a step in the right direction and leads me to think that a Pricing War could happen in 4s between Pienza, Chantaclair (might have jacked the name up) and Maybeck, not to mention resale. The latter two are selling lots and new builds, while Pienza is selling existing inventory and has i think 2 or three vacant lots across from the models. All three are in the 3000 sq ft range so if one drops their entry price point to low 600s, i would think the other two would have to follow suit to stay competitive. Then the extra amenities start to get tacked on.

If the builders start competing on price and we get 3000 sq ft on a new build down to low 6’s, i would think that both resale and reo units will have to drop the price to compete.

Hope Im right…

[jpinpb]

OMG – That would be major. I think there are a lot smaller homes on the market in the 600k range. If they sell 3k sf houses for 600k, then all those smaller homes will have to reduce significally accordingly.

[jpinpb]

OMG – That would be major. I think there are a lot smaller homes on the market in the 600k range. If they sell 3k sf houses for 600k, then all those smaller homes will have to reduce significally accordingly.

[jpinpb]

OMG – That would be major. I think there are a lot smaller homes on the market in the 600k range. If they sell 3k sf houses for 600k, then all those smaller homes will have to reduce significally accordingly.

[jpinpb]

OMG – That would be major. I think there are a lot smaller homes on the market in the 600k range. If they sell 3k sf houses for 600k, then all those smaller homes will have to reduce significally accordingly.

[jpinpb]

OMG – That would be major. I think there are a lot smaller homes on the market in the 600k range. If they sell 3k sf houses for 600k, then all those smaller homes will have to reduce significally accordingly.

[5yearwaiter]

Folks if you see all the messages from experts in this site about the SD prices falling and estimates etc – all are happening or many happened as exactly. People expected Coutrywide BR almost 8 months ahead. Someone suggested to keep the money under bedsheets(instead of in Banks to keep)- this is kind of current situation about current interest rates and uncertainity of banking sector like which bank goes to BR when no clue.

So, the botom line is 4Closure Ranch is soon to hit that 38% slide compare to 2003 prices. As it hints sure the 3000 SFT house must sell around 515K to 550K at the most maximum
Don’t believe me – just surf the old posts how this site forecast all such with multiple times

5yearswaiter

[5yearwaiter]

Folks if you see all the messages from experts in this site about the SD prices falling and estimates etc – all are happening or many happened as exactly. People expected Coutrywide BR almost 8 months ahead. Someone suggested to keep the money under bedsheets(instead of in Banks to keep)- this is kind of current situation about current interest rates and uncertainity of banking sector like which bank goes to BR when no clue.

So, the botom line is 4Closure Ranch is soon to hit that 38% slide compare to 2003 prices. As it hints sure the 3000 SFT house must sell around 515K to 550K at the most maximum
Don’t believe me – just surf the old posts how this site forecast all such with multiple times

5yearswaiter

[5yearwaiter]

Folks if you see all the messages from experts in this site about the SD prices falling and estimates etc – all are happening or many happened as exactly. People expected Coutrywide BR almost 8 months ahead. Someone suggested to keep the money under bedsheets(instead of in Banks to keep)- this is kind of current situation about current interest rates and uncertainity of banking sector like which bank goes to BR when no clue.

So, the botom line is 4Closure Ranch is soon to hit that 38% slide compare to 2003 prices. As it hints sure the 3000 SFT house must sell around 515K to 550K at the most maximum
Don’t believe me – just surf the old posts how this site forecast all such with multiple times

5yearswaiter

[5yearwaiter]

Folks if you see all the messages from experts in this site about the SD prices falling and estimates etc – all are happening or many happened as exactly. People expected Coutrywide BR almost 8 months ahead. Someone suggested to keep the money under bedsheets(instead of in Banks to keep)- this is kind of current situation about current interest rates and uncertainity of banking sector like which bank goes to BR when no clue.

So, the botom line is 4Closure Ranch is soon to hit that 38% slide compare to 2003 prices. As it hints sure the 3000 SFT house must sell around 515K to 550K at the most maximum
Don’t believe me – just surf the old posts how this site forecast all such with multiple times

5yearswaiter

[5yearwaiter]

Folks if you see all the messages from experts in this site about the SD prices falling and estimates etc – all are happening or many happened as exactly. People expected Coutrywide BR almost 8 months ahead. Someone suggested to keep the money under bedsheets(instead of in Banks to keep)- this is kind of current situation about current interest rates and uncertainity of banking sector like which bank goes to BR when no clue.

So, the botom line is 4Closure Ranch is soon to hit that 38% slide compare to 2003 prices. As it hints sure the 3000 SFT house must sell around 515K to 550K at the most maximum
Don’t believe me – just surf the old posts how this site forecast all such with multiple times

5yearswaiter

[Bugs]

The homes in 4S are in the middle pricing tier of the Case-Schiller index. The median pricing for that index is comprised of high and lows throughout the region. The homes in 4S and other nearby communities obviously represent the most desirable end of that pricing tier.

When considered in context, 4S is doing just about exactly what you would expect. They haven’t gotten to Temecula-style pricing drops yet because they’re extremely close (relatively speaking) to meaningful employment.

By the time this is all over, I think 4S will end up looking more like Poway and Scripps than San Marcos and Escondido. People will consider it closer to being a destination as opposed to just another rung on the property ladder.

[Bugs]

The homes in 4S are in the middle pricing tier of the Case-Schiller index. The median pricing for that index is comprised of high and lows throughout the region. The homes in 4S and other nearby communities obviously represent the most desirable end of that pricing tier.

When considered in context, 4S is doing just about exactly what you would expect. They haven’t gotten to Temecula-style pricing drops yet because they’re extremely close (relatively speaking) to meaningful employment.

By the time this is all over, I think 4S will end up looking more like Poway and Scripps than San Marcos and Escondido. People will consider it closer to being a destination as opposed to just another rung on the property ladder.

[Bugs]

The homes in 4S are in the middle pricing tier of the Case-Schiller index. The median pricing for that index is comprised of high and lows throughout the region. The homes in 4S and other nearby communities obviously represent the most desirable end of that pricing tier.

When considered in context, 4S is doing just about exactly what you would expect. They haven’t gotten to Temecula-style pricing drops yet because they’re extremely close (relatively speaking) to meaningful employment.

By the time this is all over, I think 4S will end up looking more like Poway and Scripps than San Marcos and Escondido. People will consider it closer to being a destination as opposed to just another rung on the property ladder.

[Bugs]

The homes in 4S are in the middle pricing tier of the Case-Schiller index. The median pricing for that index is comprised of high and lows throughout the region. The homes in 4S and other nearby communities obviously represent the most desirable end of that pricing tier.

When considered in context, 4S is doing just about exactly what you would expect. They haven’t gotten to Temecula-style pricing drops yet because they’re extremely close (relatively speaking) to meaningful employment.

By the time this is all over, I think 4S will end up looking more like Poway and Scripps than San Marcos and Escondido. People will consider it closer to being a destination as opposed to just another rung on the property ladder.

[Author]

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