50% off is the regular price.

[4plexowner]

Rt.66 – one of the reasons I continue hanging around Pigg-land (OK, I’m addicted!) is to gauge sentiment

I have high confidence in these data points:

1. San Diego real estate was a bubble that has now burst

2. bubble dynamics say that ALL financial bubbles (not some, or most – ALL) fully retrace to their starting points and often overshoot to the downside

3. market psychology says that a significant downward trend (economy, real estate, consumer sentiment, incomes, rents) will not end until there is a capitulation phase – people involved in the market will be utterly repulsed by the ongoing decline – even the least economically-savvy guy on the street will ‘know’ that it is a bad idea to get involved in the declining market

As long as we continue to have threads where people are trying to rationalize purchasing San Diego real estate (especially rental property!) I will remain convinced that the RE bottom is off in the future somewhere – at the true bottom in our real estate market I doubt there will be many people blogging about real estate at all – most people will be repulsed by the mere thought of real estate and smart people who have maintained the ability to actually purchase property will be busy doing so

[carlsbadworker]

4plexowner, so you think that piggington is not the gathering place for the smart people? Why did we spot the housing bubble few years ago while most people are busy buying properties?

[carlsbadworker]

4plexowner, so you think that piggington is not the gathering place for the smart people? Why did we spot the housing bubble few years ago while most people are busy buying properties?

[carlsbadworker]

4plexowner, so you think that piggington is not the gathering place for the smart people? Why did we spot the housing bubble few years ago while most people are busy buying properties?

[carlsbadworker]

4plexowner, so you think that piggington is not the gathering place for the smart people? Why did we spot the housing bubble few years ago while most people are busy buying properties?

[carlsbadworker]

4plexowner, so you think that piggington is not the gathering place for the smart people? Why did we spot the housing bubble few years ago while most people are busy buying properties?

[Coronita]

Rt.66,

Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.

Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.

Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.

[Coronita]

Rt.66,

Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.

Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.

Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.

[Coronita]

Rt.66,

Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.

Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.

Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.

[Coronita]

Rt.66,

Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.

Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.

Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.

[Coronita]

Rt.66,

Good luck finding that SFH $165k place in a area along the coast or areas llike MM,RP,Scripps,4s,etc. If that’s your parameters (expecting 92154 pricing in these areas) good luck finding an Real Estate agent who would give you the time and day.

Folks looking for those $150k homes 92154 probably aren’t in the same economic demographics as those folks looking in the aforementioned places listed above. But if 92154 is your cup of tea, go for it. I won’t be competing with you, nor would I think some of those folks looking to buy in the aforementioned places.

Again, SD isn’t exactly like Detroit. Industries here aren’t quite in the bind like GM is. In fact, fortunately, there is more of a diversified employment basis here in SD than Detroit.

[4plexowner]

IMO smart people aren’t even considering real estate purchases right now so, from my perspective, anyone considering a real estate purchase is less-than-smart whether they happen to blog in Pigg-land or not

as always, there are caveats – if you are buying your dream property at a price that is affordable to you, more power to you and God Bless – in the four years I have been blogging here Chris (Johnson or ScoreBoar, I’m not sure which) is the only person I am aware of who has purchased their DREAM home (as opposed to just a house that makes sense for the current time and circumstances) – that’s one justifiable purchase in 4 years

and, I admit that I am very opinionated on this subject matter and could well be wrong

[4plexowner]

IMO smart people aren’t even considering real estate purchases right now so, from my perspective, anyone considering a real estate purchase is less-than-smart whether they happen to blog in Pigg-land or not

as always, there are caveats – if you are buying your dream property at a price that is affordable to you, more power to you and God Bless – in the four years I have been blogging here Chris (Johnson or ScoreBoar, I’m not sure which) is the only person I am aware of who has purchased their DREAM home (as opposed to just a house that makes sense for the current time and circumstances) – that’s one justifiable purchase in 4 years

and, I admit that I am very opinionated on this subject matter and could well be wrong

[4plexowner]

IMO smart people aren’t even considering real estate purchases right now so, from my perspective, anyone considering a real estate purchase is less-than-smart whether they happen to blog in Pigg-land or not

as always, there are caveats – if you are buying your dream property at a price that is affordable to you, more power to you and God Bless – in the four years I have been blogging here Chris (Johnson or ScoreBoar, I’m not sure which) is the only person I am aware of who has purchased their DREAM home (as opposed to just a house that makes sense for the current time and circumstances) – that’s one justifiable purchase in 4 years

and, I admit that I am very opinionated on this subject matter and could well be wrong

[4plexowner]

IMO smart people aren’t even considering real estate purchases right now so, from my perspective, anyone considering a real estate purchase is less-than-smart whether they happen to blog in Pigg-land or not

as always, there are caveats – if you are buying your dream property at a price that is affordable to you, more power to you and God Bless – in the four years I have been blogging here Chris (Johnson or ScoreBoar, I’m not sure which) is the only person I am aware of who has purchased their DREAM home (as opposed to just a house that makes sense for the current time and circumstances) – that’s one justifiable purchase in 4 years

and, I admit that I am very opinionated on this subject matter and could well be wrong

[Author]

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