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August 7, 2007 at 8:54 AM #9744August 7, 2007 at 8:58 AM #71241
PerryChase
ParticipantAlex, 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 #71354PerryChase
ParticipantAlex, 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 #71359PerryChase
ParticipantAlex, 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)FormerSanDiegan
ParticipantAlex_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)FormerSanDiegan
ParticipantAlex_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)FormerSanDiegan
ParticipantAlex_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 #71250Arraya
ParticipantTell 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 #71364Arraya
ParticipantTell 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 #71369Arraya
ParticipantTell 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 #71259Rockemsock
ParticipantAs 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 #71371Rockemsock
ParticipantAs 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 #71377Rockemsock
ParticipantAs 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 #71277ocrenter
Participantagain, 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 #71389ocrenter
Participantagain, 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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