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August 7, 2007 at 8:54 AM #9744August 7, 2007 at 8:58 AM #71241PerryChaseParticipant
Alex, go ahead and go with your intuition and prove us wrong. Buy now and enjoy the appreciation next year. You can live in your highly desirable house for a couple of years then move up the property ladder.
What do you care what anyone else thinks? Do what is right for you.
August 7, 2007 at 8:58 AM #71354PerryChaseParticipantAlex, go ahead and go with your intuition and prove us wrong. Buy now and enjoy the appreciation next year. You can live in your highly desirable house for a couple of years then move up the property ladder.
What do you care what anyone else thinks? Do what is right for you.
August 7, 2007 at 8:58 AM #71359PerryChaseParticipantAlex, go ahead and go with your intuition and prove us wrong. Buy now and enjoy the appreciation next year. You can live in your highly desirable house for a couple of years then move up the property ladder.
What do you care what anyone else thinks? Do what is right for you.
August 7, 2007 at 8:59 AM #71244(former)FormerSanDieganParticipantAlex_angel –
Please reference the article. One thing that will happen near the bottom ( a couple years from now IMO) is that SD will be attractive for companies/jobs from elsewhere in the West Coast. This is likely too small and too early, but as you say it might aid some micro-markets.
August 7, 2007 at 8:59 AM #71357(former)FormerSanDieganParticipantAlex_angel –
Please reference the article. One thing that will happen near the bottom ( a couple years from now IMO) is that SD will be attractive for companies/jobs from elsewhere in the West Coast. This is likely too small and too early, but as you say it might aid some micro-markets.
August 7, 2007 at 8:59 AM #71363(former)FormerSanDieganParticipantAlex_angel –
Please reference the article. One thing that will happen near the bottom ( a couple years from now IMO) is that SD will be attractive for companies/jobs from elsewhere in the West Coast. This is likely too small and too early, but as you say it might aid some micro-markets.
August 7, 2007 at 9:02 AM #71250ArrayaParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).August 7, 2007 at 9:02 AM #71364ArrayaParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).August 7, 2007 at 9:02 AM #71369ArrayaParticipantTell this guy just to wait a little longer and not drop his prices help is on the way…
15266 Winesprings Court, San Diego/4S Ranch, CA 92127 (4,136 sqft)
–02/2006: purchased for $1.115 million. ($270/sqft).
–02/2007: listed for $1.2 million on the MLS.
–Price Reduced: 04/10/07 — $1,199,888 to $1,000,000
–Price Reduced: 05/02/07 — $1,000,000 to $950,000
–Price Reduced: 06/16/07 — $950,000 to $940,000
–Price Reduced: 06/28/07 — $940,000 to $900,000
–Price Reduced: 07/23/07 — $900,000 to $890,000 ($215/sqft).August 7, 2007 at 9:11 AM #71259RockemsockParticipantAs an employee of Sony that will be moving into the building to which you are referring, i can tell you that there is already a large number of Sony tech jobs in San Diego. Rancho Bernardo already has a huge facility and Sorrento Valley also has multiple buildings.
I’m not saying that there won’t be additional people coming to SD, but know that it’s not likely going to be a huge influx…definitely not enough to prop up 4closure Ranch.
August 7, 2007 at 9:11 AM #71371RockemsockParticipantAs an employee of Sony that will be moving into the building to which you are referring, i can tell you that there is already a large number of Sony tech jobs in San Diego. Rancho Bernardo already has a huge facility and Sorrento Valley also has multiple buildings.
I’m not saying that there won’t be additional people coming to SD, but know that it’s not likely going to be a huge influx…definitely not enough to prop up 4closure Ranch.
August 7, 2007 at 9:11 AM #71377RockemsockParticipantAs an employee of Sony that will be moving into the building to which you are referring, i can tell you that there is already a large number of Sony tech jobs in San Diego. Rancho Bernardo already has a huge facility and Sorrento Valley also has multiple buildings.
I’m not saying that there won’t be additional people coming to SD, but know that it’s not likely going to be a huge influx…definitely not enough to prop up 4closure Ranch.
August 7, 2007 at 9:31 AM #71277ocrenterParticipantagain, somebody just reading the headlines, but not the details. From the same article:
For much of the past year, demand for office space in the corridor has been weak.
The area’s office vacancy rate hovered near 20 percent in the second quarter – above the countywide average. The average amount of time that lease space has been on the market in the I-15 corridor area is 31 months, the highest in the county, said David Marino, a principal with tenant broker Irving Hughes.
“I-15 is a mess,” Marino said. “It’s a market that’s been tough for two years now. I don’t know where guys like Jay Paul think they’re going to find tenants.”
And here’s my personal observation: one of the buildings in that 3 building campus at I-15 and the 56 put up by Kilroy Realty was slated for none other than “NEW CENTURY MORTGAGE.”
Oh boy, the irony!
August 7, 2007 at 9:31 AM #71389ocrenterParticipantagain, somebody just reading the headlines, but not the details. From the same article:
For much of the past year, demand for office space in the corridor has been weak.
The area’s office vacancy rate hovered near 20 percent in the second quarter – above the countywide average. The average amount of time that lease space has been on the market in the I-15 corridor area is 31 months, the highest in the county, said David Marino, a principal with tenant broker Irving Hughes.
“I-15 is a mess,” Marino said. “It’s a market that’s been tough for two years now. I don’t know where guys like Jay Paul think they’re going to find tenants.”
And here’s my personal observation: one of the buildings in that 3 building campus at I-15 and the 56 put up by Kilroy Realty was slated for none other than “NEW CENTURY MORTGAGE.”
Oh boy, the irony!
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