Home › Forums › Closed Forums › Buying and Selling RE › 4S Ranch REO–still too high
- This topic has 354 replies, 31 voices, and was last updated 15 years, 2 months ago by
jameswenn.
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August 19, 2007 at 12:07 PM #78054August 19, 2007 at 12:08 PM #77912
Ex-SD
Participantx
August 19, 2007 at 12:08 PM #78035Participantx
August 19, 2007 at 12:08 PM #78057Participantx
August 19, 2007 at 12:11 PM #77918ParticipantThe forum software glitched and did not show posts as going through. Later, the same post showed up four times. Hence the additional posts.
August 19, 2007 at 12:11 PM #78041ParticipantThe forum software glitched and did not show posts as going through. Later, the same post showed up four times. Hence the additional posts.
August 19, 2007 at 12:11 PM #78063ParticipantThe forum software glitched and did not show posts as going through. Later, the same post showed up four times. Hence the additional posts.
August 19, 2007 at 2:22 PM #78046Raybyrnes
ParticipantBy the way, the construction quality in much of 4S is actually quite poor and will not stand the test of time.
This is a fairly bold statement to throw out. I am not going to say you are either right or wrong but I would like to know what qualifies you to say that this is poor quality.
Are you a builder? If you are an engineer do you work with Housing. Are you a materials expert?
The way I see it things are generally improving aespecially as consumers demand quality. This has been true of the automobile industry and as far as I can tell it it true the housing industry aswell. Again I am not qualified to say with certainty. Are you?
August 19, 2007 at 2:22 PM #78170ParticipantBy the way, the construction quality in much of 4S is actually quite poor and will not stand the test of time.
This is a fairly bold statement to throw out. I am not going to say you are either right or wrong but I would like to know what qualifies you to say that this is poor quality.
Are you a builder? If you are an engineer do you work with Housing. Are you a materials expert?
The way I see it things are generally improving aespecially as consumers demand quality. This has been true of the automobile industry and as far as I can tell it it true the housing industry aswell. Again I am not qualified to say with certainty. Are you?
August 19, 2007 at 2:22 PM #78192ParticipantBy the way, the construction quality in much of 4S is actually quite poor and will not stand the test of time.
This is a fairly bold statement to throw out. I am not going to say you are either right or wrong but I would like to know what qualifies you to say that this is poor quality.
Are you a builder? If you are an engineer do you work with Housing. Are you a materials expert?
The way I see it things are generally improving aespecially as consumers demand quality. This has been true of the automobile industry and as far as I can tell it it true the housing industry aswell. Again I am not qualified to say with certainty. Are you?
August 19, 2007 at 5:16 PM #780885yearwaiter
ParticipantYes 4S RANCH REO is way high and most of buyers these days are Second time home buyers like who already can pay or already earned enough on the first home sellers. Apart from this few are there and they have enough cash in the hands they don’t care the current on going trend – but now they also start considering these facts.
Whatever these facts but we really haven’t seen any significant hit on SD housing so far. There could be just overall 10 to 13% drop even that is really some unwanted areas. Still at 4S the apartments and condominiums(1480SFT) new constructions are asking mid to hi 400K figures.
5yearswaiter
August 19, 2007 at 5:16 PM #78212ParticipantYes 4S RANCH REO is way high and most of buyers these days are Second time home buyers like who already can pay or already earned enough on the first home sellers. Apart from this few are there and they have enough cash in the hands they don’t care the current on going trend – but now they also start considering these facts.
Whatever these facts but we really haven’t seen any significant hit on SD housing so far. There could be just overall 10 to 13% drop even that is really some unwanted areas. Still at 4S the apartments and condominiums(1480SFT) new constructions are asking mid to hi 400K figures.
5yearswaiter
August 19, 2007 at 5:16 PM #78235ParticipantYes 4S RANCH REO is way high and most of buyers these days are Second time home buyers like who already can pay or already earned enough on the first home sellers. Apart from this few are there and they have enough cash in the hands they don’t care the current on going trend – but now they also start considering these facts.
Whatever these facts but we really haven’t seen any significant hit on SD housing so far. There could be just overall 10 to 13% drop even that is really some unwanted areas. Still at 4S the apartments and condominiums(1480SFT) new constructions are asking mid to hi 400K figures.
5yearswaiter
August 19, 2007 at 5:43 PM #78094JWM in SD
Participant“Yes 4S RANCH REO is way high and most of buyers these days are Second time home buyers like who already can pay or already earned enough on the first home sellers.”
Not if their respective buyers can’t get a loan. Ever hear of the plankton theory???
The candle is burning at both ends folks…when the banks unleash the REOs, then watch the carnage begin.
August 19, 2007 at 5:43 PM #78218Participant“Yes 4S RANCH REO is way high and most of buyers these days are Second time home buyers like who already can pay or already earned enough on the first home sellers.”
Not if their respective buyers can’t get a loan. Ever hear of the plankton theory???
The candle is burning at both ends folks…when the banks unleash the REOs, then watch the carnage begin.
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