92127 Stats

[ocrenter]

SD Realtor, thanks, this varifies what I’ve been seeing and blogging about.

care to comment on The Lakes by Lennar? the plan is to buil 350 million+ homes there. started last year, I took a quick look at the builder map and looks like they sold about 10% so far.

[SD Realtor]

OCR my comment would be good luck to them! I tell ya… I was even caught by a little surprise when parsing through everything you see these 1-2M homes in Santa Luz with short sales comments. The thing that really makes me think as well is that I am wondering if my 25% distress should really be like 40%. I think that there are alot of “to be” distress… people who have the rest off in 2010 sometime and they are trying to escape the impending collapse. Also how many listings just didn’t put in the correct mandatory comments. So yeah I think that it is all setting up in general to play out like many of us think it will. Hard to say what it will look like at the The Lakes other then it would not surprise me if Lennar decides to leave the land undeveloped or if they cannot weather the storm to sell it… It is pretty valuable though even with a down market.

[SD Realtor]

OCR my comment would be good luck to them! I tell ya… I was even caught by a little surprise when parsing through everything you see these 1-2M homes in Santa Luz with short sales comments. The thing that really makes me think as well is that I am wondering if my 25% distress should really be like 40%. I think that there are alot of “to be” distress… people who have the rest off in 2010 sometime and they are trying to escape the impending collapse. Also how many listings just didn’t put in the correct mandatory comments. So yeah I think that it is all setting up in general to play out like many of us think it will. Hard to say what it will look like at the The Lakes other then it would not surprise me if Lennar decides to leave the land undeveloped or if they cannot weather the storm to sell it… It is pretty valuable though even with a down market.

[SD Realtor]

OCR my comment would be good luck to them! I tell ya… I was even caught by a little surprise when parsing through everything you see these 1-2M homes in Santa Luz with short sales comments. The thing that really makes me think as well is that I am wondering if my 25% distress should really be like 40%. I think that there are alot of “to be” distress… people who have the rest off in 2010 sometime and they are trying to escape the impending collapse. Also how many listings just didn’t put in the correct mandatory comments. So yeah I think that it is all setting up in general to play out like many of us think it will. Hard to say what it will look like at the The Lakes other then it would not surprise me if Lennar decides to leave the land undeveloped or if they cannot weather the storm to sell it… It is pretty valuable though even with a down market.

[SD Realtor]

OCR my comment would be good luck to them! I tell ya… I was even caught by a little surprise when parsing through everything you see these 1-2M homes in Santa Luz with short sales comments. The thing that really makes me think as well is that I am wondering if my 25% distress should really be like 40%. I think that there are alot of “to be” distress… people who have the rest off in 2010 sometime and they are trying to escape the impending collapse. Also how many listings just didn’t put in the correct mandatory comments. So yeah I think that it is all setting up in general to play out like many of us think it will. Hard to say what it will look like at the The Lakes other then it would not surprise me if Lennar decides to leave the land undeveloped or if they cannot weather the storm to sell it… It is pretty valuable though even with a down market.

[SD Realtor]

OCR my comment would be good luck to them! I tell ya… I was even caught by a little surprise when parsing through everything you see these 1-2M homes in Santa Luz with short sales comments. The thing that really makes me think as well is that I am wondering if my 25% distress should really be like 40%. I think that there are alot of “to be” distress… people who have the rest off in 2010 sometime and they are trying to escape the impending collapse. Also how many listings just didn’t put in the correct mandatory comments. So yeah I think that it is all setting up in general to play out like many of us think it will. Hard to say what it will look like at the The Lakes other then it would not surprise me if Lennar decides to leave the land undeveloped or if they cannot weather the storm to sell it… It is pretty valuable though even with a down market.

[Navydoc]

I’ve said it before, and I’ll say it again now- 4S is Alt-A and option arm toxic mortgage central. I wonder what the average household income of 4S is. I would wager a lot of money it doesn’t support $800K+ homes with traditional fundamentals. At least not the number that exist in 4s.

People with the kind of income that support those prices want to live in La Jolla or at least Carmel Valley, not 4S. Don’t get me wrong, I like 4S, and house prices there are starting to get tempting. I suspect they will only get better from here.

[Navydoc]

I’ve said it before, and I’ll say it again now- 4S is Alt-A and option arm toxic mortgage central. I wonder what the average household income of 4S is. I would wager a lot of money it doesn’t support $800K+ homes with traditional fundamentals. At least not the number that exist in 4s.

People with the kind of income that support those prices want to live in La Jolla or at least Carmel Valley, not 4S. Don’t get me wrong, I like 4S, and house prices there are starting to get tempting. I suspect they will only get better from here.

[Navydoc]

I’ve said it before, and I’ll say it again now- 4S is Alt-A and option arm toxic mortgage central. I wonder what the average household income of 4S is. I would wager a lot of money it doesn’t support $800K+ homes with traditional fundamentals. At least not the number that exist in 4s.

People with the kind of income that support those prices want to live in La Jolla or at least Carmel Valley, not 4S. Don’t get me wrong, I like 4S, and house prices there are starting to get tempting. I suspect they will only get better from here.

[Navydoc]

I’ve said it before, and I’ll say it again now- 4S is Alt-A and option arm toxic mortgage central. I wonder what the average household income of 4S is. I would wager a lot of money it doesn’t support $800K+ homes with traditional fundamentals. At least not the number that exist in 4s.

People with the kind of income that support those prices want to live in La Jolla or at least Carmel Valley, not 4S. Don’t get me wrong, I like 4S, and house prices there are starting to get tempting. I suspect they will only get better from here.

[Navydoc]

I’ve said it before, and I’ll say it again now- 4S is Alt-A and option arm toxic mortgage central. I wonder what the average household income of 4S is. I would wager a lot of money it doesn’t support $800K+ homes with traditional fundamentals. At least not the number that exist in 4s.

People with the kind of income that support those prices want to live in La Jolla or at least Carmel Valley, not 4S. Don’t get me wrong, I like 4S, and house prices there are starting to get tempting. I suspect they will only get better from here.

[ocrenter]

[img_assist|nid=8085|title=92127|desc=|link=node|align=left|width=362|height=271]

here’s the alt-a map for 92127, you don’t get the dark burgundy for nothing.

here’s a question, with so many high end flippers just trying to hold out from santaluz to crosby competing along with The Lakes and del sur and 4s, how low are these million+ homes going to end up going for at the bottom in 2011?

[ocrenter]

[img_assist|nid=8085|title=92127|desc=|link=node|align=left|width=362|height=271]

here’s the alt-a map for 92127, you don’t get the dark burgundy for nothing.

here’s a question, with so many high end flippers just trying to hold out from santaluz to crosby competing along with The Lakes and del sur and 4s, how low are these million+ homes going to end up going for at the bottom in 2011?

[ocrenter]

[img_assist|nid=8085|title=92127|desc=|link=node|align=left|width=362|height=271]

here’s the alt-a map for 92127, you don’t get the dark burgundy for nothing.

here’s a question, with so many high end flippers just trying to hold out from santaluz to crosby competing along with The Lakes and del sur and 4s, how low are these million+ homes going to end up going for at the bottom in 2011?

[ocrenter]

[img_assist|nid=8085|title=92127|desc=|link=node|align=left|width=362|height=271]

here’s the alt-a map for 92127, you don’t get the dark burgundy for nothing.

here’s a question, with so many high end flippers just trying to hold out from santaluz to crosby competing along with The Lakes and del sur and 4s, how low are these million+ homes going to end up going for at the bottom in 2011?

[Author]

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