6723 Blue Point – Carlsbad

[Ren]

[quote=waiting for bottom]This is very close to the type of house I will buy in 2010 or 2011. Any thoughts on future value? I am hoping for $800-$850 which seems in the bag.

I am too optimistic or does anyone else see a home like this for $800K in 2-3 years?
[/quote]

Not too optimistic at all. I’m guessing you’ll see similar homes for $800-850k in fall/winter of 2009. I wouldn’t buy it for that either, because you may see it less than $700k by 2011-12.

[CA renter]

Anyone have a good reason it won’t fall to 1998 prices (or lower), especially if we have a severe recession/depression and credit contraction???

[CA renter]

Anyone have a good reason it won’t fall to 1998 prices (or lower), especially if we have a severe recession/depression and credit contraction???

[CA renter]

Anyone have a good reason it won’t fall to 1998 prices (or lower), especially if we have a severe recession/depression and credit contraction???

[CA renter]

Anyone have a good reason it won’t fall to 1998 prices (or lower), especially if we have a severe recession/depression and credit contraction???

[CA renter]

Anyone have a good reason it won’t fall to 1998 prices (or lower), especially if we have a severe recession/depression and credit contraction???

[waiting for bottom]

Using CS HPI, December 1998 would be a 50% fall from April or 65% from peak. We might get there in real terms but I doubt it nominally.

[waiting for bottom]

Using CS HPI, December 1998 would be a 50% fall from April or 65% from peak. We might get there in real terms but I doubt it nominally.

[waiting for bottom]

Using CS HPI, December 1998 would be a 50% fall from April or 65% from peak. We might get there in real terms but I doubt it nominally.

[waiting for bottom]

Using CS HPI, December 1998 would be a 50% fall from April or 65% from peak. We might get there in real terms but I doubt it nominally.

[waiting for bottom]

Using CS HPI, December 1998 would be a 50% fall from April or 65% from peak. We might get there in real terms but I doubt it nominally.

[waiting for bottom]

6754 Solandra is another interesting case. Someone extremely overpaid a year ago at $1,185K. Now it is listed 11 months later for $1,000K and probably $100-200K overpriced for today’s market.

Going back through sales history, it’s probably worth $600-700 when all is said and done.

http://www.redfin.com/CA/Carlsbad/6754-Solandra-Dr-92011/home/3747043

[waiting for bottom]

6754 Solandra is another interesting case. Someone extremely overpaid a year ago at $1,185K. Now it is listed 11 months later for $1,000K and probably $100-200K overpriced for today’s market.

Going back through sales history, it’s probably worth $600-700 when all is said and done.

http://www.redfin.com/CA/Carlsbad/6754-Solandra-Dr-92011/home/3747043

[waiting for bottom]

6754 Solandra is another interesting case. Someone extremely overpaid a year ago at $1,185K. Now it is listed 11 months later for $1,000K and probably $100-200K overpriced for today’s market.

Going back through sales history, it’s probably worth $600-700 when all is said and done.

http://www.redfin.com/CA/Carlsbad/6754-Solandra-Dr-92011/home/3747043

[waiting for bottom]

6754 Solandra is another interesting case. Someone extremely overpaid a year ago at $1,185K. Now it is listed 11 months later for $1,000K and probably $100-200K overpriced for today’s market.

Going back through sales history, it’s probably worth $600-700 when all is said and done.

http://www.redfin.com/CA/Carlsbad/6754-Solandra-Dr-92011/home/3747043

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