4S Ranch REO–still too high

[temeculaguy]

WOW OC, who knew you had this tracked back a year. I gotta get out more and see other sites. I took a link journey from BMIT and ended up watching a video of Cramer saying the inland empire needs to be plowed under and he is calling for 100% default rate on 2/28’s, I think he’s a bit of a nut but it’s nice to know he even knows the I.E. exists, hey were famous.

[bsrsharma]

How low should it go

$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.  

[bsrsharma]

How low should it go

$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.  

[bsrsharma]

How low should it go

$521,250 is the theoretical upper limit per my model. But, if I have to buy, I will offer $400K. It may take 12-24 months -mid/ end of recession time.  

[SD Realtor]

Other 92127 short sales currently on fieldthorn, paradiso place, cabela place, 2 on silver pine road, 2 on saintsbury glen, albert, purple sage, rock rose…

This was a cursory quick search using a few keywords. There may be a few more.

[SD Realtor]

Other 92127 short sales currently on fieldthorn, paradiso place, cabela place, 2 on silver pine road, 2 on saintsbury glen, albert, purple sage, rock rose…

This was a cursory quick search using a few keywords. There may be a few more.

[SD Realtor]

Other 92127 short sales currently on fieldthorn, paradiso place, cabela place, 2 on silver pine road, 2 on saintsbury glen, albert, purple sage, rock rose…

This was a cursory quick search using a few keywords. There may be a few more.

[Ex-SD]

Just keep waiting. Homes like this in this area will eventually sell for $375k – $420k. That’s all they’re really worth.

[Ex-SD]

Just keep waiting. Homes like this in this area will eventually sell for $375k – $420k. That’s all they’re really worth.

[Ex-SD]

Just keep waiting. Homes like this in this area will eventually sell for $375k – $420k. That’s all they’re really worth.

[temeculaguy]

EX, you really think so or are you throwing out a number? I don’t mean to start an argument and in an overcorrection a few low examples can be had but the settling location for a 3000 to 4000 sq ft house in a master planned area with great schools doesn’t seem like it should be fundamentally affordable to an unamrried cop, fireman, teacher, or other median single buyer with close to 100k income which are not as dependant on the economy. Most two income families would easily have the money for that in the 300 to 400 range and that is not a median home. I wish you were right but I don’t see it ever going that low.

[temeculaguy]

EX, you really think so or are you throwing out a number? I don’t mean to start an argument and in an overcorrection a few low examples can be had but the settling location for a 3000 to 4000 sq ft house in a master planned area with great schools doesn’t seem like it should be fundamentally affordable to an unamrried cop, fireman, teacher, or other median single buyer with close to 100k income which are not as dependant on the economy. Most two income families would easily have the money for that in the 300 to 400 range and that is not a median home. I wish you were right but I don’t see it ever going that low.

[temeculaguy]

EX, you really think so or are you throwing out a number? I don’t mean to start an argument and in an overcorrection a few low examples can be had but the settling location for a 3000 to 4000 sq ft house in a master planned area with great schools doesn’t seem like it should be fundamentally affordable to an unamrried cop, fireman, teacher, or other median single buyer with close to 100k income which are not as dependant on the economy. Most two income families would easily have the money for that in the 300 to 400 range and that is not a median home. I wish you were right but I don’t see it ever going that low.

[5yearwaiter]

I agree with Temeculaguy, it never go that much in San Diego and also if we see 4S ranch location is one of the TOP of the line with new parks and so amazing the development done. If this comes to 650 level that’s enough for this kind od 3700 Sqft houses.

5yearswaiter

[5yearwaiter]

I agree with Temeculaguy, it never go that much in San Diego and also if we see 4S ranch location is one of the TOP of the line with new parks and so amazing the development done. If this comes to 650 level that’s enough for this kind od 3700 Sqft houses.

5yearswaiter

[Author]

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