92127 Stats

[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?

[SD Realtor]

Yeah that is a good point OCR… Although again, the amount of smart money out there to me is crazy. I mean crazy! No doubt it cannot and will not prop things up. That is why it is smart money… Do I think a 1.5M home on the golf course in Santa Luz is gonna go for 600k? No not even in 2011 do I see that. Can it find 800 – 850k or 900k? Yeah I think that is pretty realistic. Do I think that it will also be a different interest rate environment when we do see those prices? Yeah I definitely see that as well.

Also once again, the amount of listings with comments regarding the owner is a realtor is definitely non trivial.

Finally I “want” to say that my guess on the recastable loans is that more of them are for the lower end homes in 4S and Del Sur, (lower end being 500k-800k) which is not really low end in my book but low end compared to 1-3M homes. However I have no anecdotal proof. Conversely it is not a stretch to say alot of Santa Luz and high end homes were bought by re professionals (using the term loosely) who believed the hype of a never ending appreciating market.

It sucks to be them.

[SD Realtor]

Yeah that is a good point OCR… Although again, the amount of smart money out there to me is crazy. I mean crazy! No doubt it cannot and will not prop things up. That is why it is smart money… Do I think a 1.5M home on the golf course in Santa Luz is gonna go for 600k? No not even in 2011 do I see that. Can it find 800 – 850k or 900k? Yeah I think that is pretty realistic. Do I think that it will also be a different interest rate environment when we do see those prices? Yeah I definitely see that as well.

Also once again, the amount of listings with comments regarding the owner is a realtor is definitely non trivial.

Finally I “want” to say that my guess on the recastable loans is that more of them are for the lower end homes in 4S and Del Sur, (lower end being 500k-800k) which is not really low end in my book but low end compared to 1-3M homes. However I have no anecdotal proof. Conversely it is not a stretch to say alot of Santa Luz and high end homes were bought by re professionals (using the term loosely) who believed the hype of a never ending appreciating market.

It sucks to be them.

[SD Realtor]

Yeah that is a good point OCR… Although again, the amount of smart money out there to me is crazy. I mean crazy! No doubt it cannot and will not prop things up. That is why it is smart money… Do I think a 1.5M home on the golf course in Santa Luz is gonna go for 600k? No not even in 2011 do I see that. Can it find 800 – 850k or 900k? Yeah I think that is pretty realistic. Do I think that it will also be a different interest rate environment when we do see those prices? Yeah I definitely see that as well.

Also once again, the amount of listings with comments regarding the owner is a realtor is definitely non trivial.

Finally I “want” to say that my guess on the recastable loans is that more of them are for the lower end homes in 4S and Del Sur, (lower end being 500k-800k) which is not really low end in my book but low end compared to 1-3M homes. However I have no anecdotal proof. Conversely it is not a stretch to say alot of Santa Luz and high end homes were bought by re professionals (using the term loosely) who believed the hype of a never ending appreciating market.

It sucks to be them.

[SD Realtor]

Yeah that is a good point OCR… Although again, the amount of smart money out there to me is crazy. I mean crazy! No doubt it cannot and will not prop things up. That is why it is smart money… Do I think a 1.5M home on the golf course in Santa Luz is gonna go for 600k? No not even in 2011 do I see that. Can it find 800 – 850k or 900k? Yeah I think that is pretty realistic. Do I think that it will also be a different interest rate environment when we do see those prices? Yeah I definitely see that as well.

Also once again, the amount of listings with comments regarding the owner is a realtor is definitely non trivial.

Finally I “want” to say that my guess on the recastable loans is that more of them are for the lower end homes in 4S and Del Sur, (lower end being 500k-800k) which is not really low end in my book but low end compared to 1-3M homes. However I have no anecdotal proof. Conversely it is not a stretch to say alot of Santa Luz and high end homes were bought by re professionals (using the term loosely) who believed the hype of a never ending appreciating market.

It sucks to be them.

[SD Realtor]

Yeah that is a good point OCR… Although again, the amount of smart money out there to me is crazy. I mean crazy! No doubt it cannot and will not prop things up. That is why it is smart money… Do I think a 1.5M home on the golf course in Santa Luz is gonna go for 600k? No not even in 2011 do I see that. Can it find 800 – 850k or 900k? Yeah I think that is pretty realistic. Do I think that it will also be a different interest rate environment when we do see those prices? Yeah I definitely see that as well.

Also once again, the amount of listings with comments regarding the owner is a realtor is definitely non trivial.

Finally I “want” to say that my guess on the recastable loans is that more of them are for the lower end homes in 4S and Del Sur, (lower end being 500k-800k) which is not really low end in my book but low end compared to 1-3M homes. However I have no anecdotal proof. Conversely it is not a stretch to say alot of Santa Luz and high end homes were bought by re professionals (using the term loosely) who believed the hype of a never ending appreciating market.

It sucks to be them.

[ocrenter]

rob dawg has long been pushing the idea of pricing squish down, I think we will see this more so here than any other area.

we’re not just talking $1 or $1.5 million homes here. there’s tons of $2 million plus properties here all pretty much empty. as these squish down to the low $1 million, the $1.5 million ones will occupy the $800-$900k realm. with the $1 million homes coming down to $700k.

someone just mentioned stonebridge, very likely to see stonebridge homes into the 700k range. I asked the sales lady at shea about fire prevention, she proudly mentions that each home has a sprinkler system. as for shelter in place and buffer from the fuel that surrounds stonebridge, forget about it.

[ocrenter]

rob dawg has long been pushing the idea of pricing squish down, I think we will see this more so here than any other area.

we’re not just talking $1 or $1.5 million homes here. there’s tons of $2 million plus properties here all pretty much empty. as these squish down to the low $1 million, the $1.5 million ones will occupy the $800-$900k realm. with the $1 million homes coming down to $700k.

someone just mentioned stonebridge, very likely to see stonebridge homes into the 700k range. I asked the sales lady at shea about fire prevention, she proudly mentions that each home has a sprinkler system. as for shelter in place and buffer from the fuel that surrounds stonebridge, forget about it.

[ocrenter]

rob dawg has long been pushing the idea of pricing squish down, I think we will see this more so here than any other area.

we’re not just talking $1 or $1.5 million homes here. there’s tons of $2 million plus properties here all pretty much empty. as these squish down to the low $1 million, the $1.5 million ones will occupy the $800-$900k realm. with the $1 million homes coming down to $700k.

someone just mentioned stonebridge, very likely to see stonebridge homes into the 700k range. I asked the sales lady at shea about fire prevention, she proudly mentions that each home has a sprinkler system. as for shelter in place and buffer from the fuel that surrounds stonebridge, forget about it.

[ocrenter]

rob dawg has long been pushing the idea of pricing squish down, I think we will see this more so here than any other area.

we’re not just talking $1 or $1.5 million homes here. there’s tons of $2 million plus properties here all pretty much empty. as these squish down to the low $1 million, the $1.5 million ones will occupy the $800-$900k realm. with the $1 million homes coming down to $700k.

someone just mentioned stonebridge, very likely to see stonebridge homes into the 700k range. I asked the sales lady at shea about fire prevention, she proudly mentions that each home has a sprinkler system. as for shelter in place and buffer from the fuel that surrounds stonebridge, forget about it.

[ocrenter]

rob dawg has long been pushing the idea of pricing squish down, I think we will see this more so here than any other area.

we’re not just talking $1 or $1.5 million homes here. there’s tons of $2 million plus properties here all pretty much empty. as these squish down to the low $1 million, the $1.5 million ones will occupy the $800-$900k realm. with the $1 million homes coming down to $700k.

someone just mentioned stonebridge, very likely to see stonebridge homes into the 700k range. I asked the sales lady at shea about fire prevention, she proudly mentions that each home has a sprinkler system. as for shelter in place and buffer from the fuel that surrounds stonebridge, forget about it.

[SD Realtor]

I agree with your post above… As for Stonebridge in the 700’s I have already seen several lower end homes in Stonebridge at that price. Stonebridge to me will crack 600 within a year or two and even at the lowest of low points could get beyond that… dare I say mid to low 500s? yeah I think at the bottom it will.

[SD Realtor]

I agree with your post above… As for Stonebridge in the 700’s I have already seen several lower end homes in Stonebridge at that price. Stonebridge to me will crack 600 within a year or two and even at the lowest of low points could get beyond that… dare I say mid to low 500s? yeah I think at the bottom it will.

[SD Realtor]

I agree with your post above… As for Stonebridge in the 700’s I have already seen several lower end homes in Stonebridge at that price. Stonebridge to me will crack 600 within a year or two and even at the lowest of low points could get beyond that… dare I say mid to low 500s? yeah I think at the bottom it will.

[SD Realtor]

I agree with your post above… As for Stonebridge in the 700’s I have already seen several lower end homes in Stonebridge at that price. Stonebridge to me will crack 600 within a year or two and even at the lowest of low points could get beyond that… dare I say mid to low 500s? yeah I think at the bottom it will.

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