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January 28, 2008 at 1:22 AM #144042January 28, 2008 at 1:22 AM #144070EugeneParticipant
I personally do know half a dozen people who are on the fence, have the downpayment & income to buy those 3000 sq ft homes in 4S
What kind of income are we talking about, if I might ask? By my standards, you need somewhere upwards of 150K (ideally, 200K) to afford a house like that. Are your friends doctors/lawyers or double engineer couples?
January 28, 2008 at 1:22 AM #144136EugeneParticipantI personally do know half a dozen people who are on the fence, have the downpayment & income to buy those 3000 sq ft homes in 4S
What kind of income are we talking about, if I might ask? By my standards, you need somewhere upwards of 150K (ideally, 200K) to afford a house like that. Are your friends doctors/lawyers or double engineer couples?
January 28, 2008 at 7:43 AM #143831BugsParticipantAll that’s going to happen is that the true $800k buyers will simply adjust their expectations upwards as the options to do so present themselves.
This trend is working its way from the outside in. These newly developed areas will be among the last, but if the trend continues they will eventually fall nonetheless. Gravity is a law of nature.
Everything else being equal, when SEH homes are selling at $500k, the equivalent home in 4S Rancho isn’t going to go for 30% more just because it’s in 92127.
January 28, 2008 at 7:43 AM #144066BugsParticipantAll that’s going to happen is that the true $800k buyers will simply adjust their expectations upwards as the options to do so present themselves.
This trend is working its way from the outside in. These newly developed areas will be among the last, but if the trend continues they will eventually fall nonetheless. Gravity is a law of nature.
Everything else being equal, when SEH homes are selling at $500k, the equivalent home in 4S Rancho isn’t going to go for 30% more just because it’s in 92127.
January 28, 2008 at 7:43 AM #144071BugsParticipantAll that’s going to happen is that the true $800k buyers will simply adjust their expectations upwards as the options to do so present themselves.
This trend is working its way from the outside in. These newly developed areas will be among the last, but if the trend continues they will eventually fall nonetheless. Gravity is a law of nature.
Everything else being equal, when SEH homes are selling at $500k, the equivalent home in 4S Rancho isn’t going to go for 30% more just because it’s in 92127.
January 28, 2008 at 7:43 AM #144100BugsParticipantAll that’s going to happen is that the true $800k buyers will simply adjust their expectations upwards as the options to do so present themselves.
This trend is working its way from the outside in. These newly developed areas will be among the last, but if the trend continues they will eventually fall nonetheless. Gravity is a law of nature.
Everything else being equal, when SEH homes are selling at $500k, the equivalent home in 4S Rancho isn’t going to go for 30% more just because it’s in 92127.
January 28, 2008 at 7:43 AM #144167BugsParticipantAll that’s going to happen is that the true $800k buyers will simply adjust their expectations upwards as the options to do so present themselves.
This trend is working its way from the outside in. These newly developed areas will be among the last, but if the trend continues they will eventually fall nonetheless. Gravity is a law of nature.
Everything else being equal, when SEH homes are selling at $500k, the equivalent home in 4S Rancho isn’t going to go for 30% more just because it’s in 92127.
January 28, 2008 at 5:49 PM #144206sdcellarParticipantwe only needed less than a dozen folks
sdrealtor– I probably missed something in this thread, but where did you come up with that dozen number? Was that supposed to be the number of $700-$800K properties in 4S Ranch (or something)?
January 28, 2008 at 5:49 PM #144444sdcellarParticipantwe only needed less than a dozen folks
sdrealtor– I probably missed something in this thread, but where did you come up with that dozen number? Was that supposed to be the number of $700-$800K properties in 4S Ranch (or something)?
January 28, 2008 at 5:49 PM #144447sdcellarParticipantwe only needed less than a dozen folks
sdrealtor– I probably missed something in this thread, but where did you come up with that dozen number? Was that supposed to be the number of $700-$800K properties in 4S Ranch (or something)?
January 28, 2008 at 5:49 PM #144474sdcellarParticipantwe only needed less than a dozen folks
sdrealtor– I probably missed something in this thread, but where did you come up with that dozen number? Was that supposed to be the number of $700-$800K properties in 4S Ranch (or something)?
January 28, 2008 at 5:49 PM #144546sdcellarParticipantwe only needed less than a dozen folks
sdrealtor– I probably missed something in this thread, but where did you come up with that dozen number? Was that supposed to be the number of $700-$800K properties in 4S Ranch (or something)?
January 28, 2008 at 7:26 PM #144250sdrealtorParticipantthat was based upon the number of homes on the market that were referenced.
January 28, 2008 at 7:26 PM #144490sdrealtorParticipantthat was based upon the number of homes on the market that were referenced.
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