A fresh sign of delusion

[sdrealtor]

Still waiting for our own Mr Clairemontduuddde to weigh in on this one.

[sdduuuude]

I think the low end of their range is not unrealistic, if it were listed through the MLS. Certainly not delusional. It is always tough to sell as a FSBO, though, so I don’t think they’ll have much luck. I suspect we’ll see it hit MLS in a month or two.

92117 canyon lots are hard to come by under 550K, especially with a 2400 sq. ft. house. I think that lot is in a nice part of Clairemont. It gets a little rough to the South but I think that street is probably decent enough. Any street with a canyon on one side is usually a nice street.

I know some cash-buyers who have been looking for one for about 8 months. They have found either the house is too small or they are priced at $590K. I will surely show them this listing.

[sdduuuude]

I think the low end of their range is not unrealistic, if it were listed through the MLS. Certainly not delusional. It is always tough to sell as a FSBO, though, so I don’t think they’ll have much luck. I suspect we’ll see it hit MLS in a month or two.

92117 canyon lots are hard to come by under 550K, especially with a 2400 sq. ft. house. I think that lot is in a nice part of Clairemont. It gets a little rough to the South but I think that street is probably decent enough. Any street with a canyon on one side is usually a nice street.

I know some cash-buyers who have been looking for one for about 8 months. They have found either the house is too small or they are priced at $590K. I will surely show them this listing.

[sdduuuude]

I think the low end of their range is not unrealistic, if it were listed through the MLS. Certainly not delusional. It is always tough to sell as a FSBO, though, so I don’t think they’ll have much luck. I suspect we’ll see it hit MLS in a month or two.

92117 canyon lots are hard to come by under 550K, especially with a 2400 sq. ft. house. I think that lot is in a nice part of Clairemont. It gets a little rough to the South but I think that street is probably decent enough. Any street with a canyon on one side is usually a nice street.

I know some cash-buyers who have been looking for one for about 8 months. They have found either the house is too small or they are priced at $590K. I will surely show them this listing.

[sdduuuude]

I think the low end of their range is not unrealistic, if it were listed through the MLS. Certainly not delusional. It is always tough to sell as a FSBO, though, so I don’t think they’ll have much luck. I suspect we’ll see it hit MLS in a month or two.

92117 canyon lots are hard to come by under 550K, especially with a 2400 sq. ft. house. I think that lot is in a nice part of Clairemont. It gets a little rough to the South but I think that street is probably decent enough. Any street with a canyon on one side is usually a nice street.

I know some cash-buyers who have been looking for one for about 8 months. They have found either the house is too small or they are priced at $590K. I will surely show them this listing.

[sdduuuude]

I think the low end of their range is not unrealistic, if it were listed through the MLS. Certainly not delusional. It is always tough to sell as a FSBO, though, so I don’t think they’ll have much luck. I suspect we’ll see it hit MLS in a month or two.

92117 canyon lots are hard to come by under 550K, especially with a 2400 sq. ft. house. I think that lot is in a nice part of Clairemont. It gets a little rough to the South but I think that street is probably decent enough. Any street with a canyon on one side is usually a nice street.

I know some cash-buyers who have been looking for one for about 8 months. They have found either the house is too small or they are priced at $590K. I will surely show them this listing.

[barnaby33]

sdduuuude, it is delusional placed in a historic context. Yes its a better part of Clairemont, but not even BayHo. Saying that is a lot like saying the tallest midget.

A large lot that is mostly unbuildable is not a large lot, its just extra liability.

Mainly what I found so delusional is the listing itself. First of all its FSBO. Second they make a point of talking about an appraisal that is 18 months old. Second the price was reduced yes, but not that much, not if its, “priced to sell.” Certainly not viewed from a historical perspective.

Josh

[barnaby33]

sdduuuude, it is delusional placed in a historic context. Yes its a better part of Clairemont, but not even BayHo. Saying that is a lot like saying the tallest midget.

A large lot that is mostly unbuildable is not a large lot, its just extra liability.

Mainly what I found so delusional is the listing itself. First of all its FSBO. Second they make a point of talking about an appraisal that is 18 months old. Second the price was reduced yes, but not that much, not if its, “priced to sell.” Certainly not viewed from a historical perspective.

Josh

[barnaby33]

sdduuuude, it is delusional placed in a historic context. Yes its a better part of Clairemont, but not even BayHo. Saying that is a lot like saying the tallest midget.

A large lot that is mostly unbuildable is not a large lot, its just extra liability.

Mainly what I found so delusional is the listing itself. First of all its FSBO. Second they make a point of talking about an appraisal that is 18 months old. Second the price was reduced yes, but not that much, not if its, “priced to sell.” Certainly not viewed from a historical perspective.

Josh

[barnaby33]

sdduuuude, it is delusional placed in a historic context. Yes its a better part of Clairemont, but not even BayHo. Saying that is a lot like saying the tallest midget.

A large lot that is mostly unbuildable is not a large lot, its just extra liability.

Mainly what I found so delusional is the listing itself. First of all its FSBO. Second they make a point of talking about an appraisal that is 18 months old. Second the price was reduced yes, but not that much, not if its, “priced to sell.” Certainly not viewed from a historical perspective.

Josh

[barnaby33]

sdduuuude, it is delusional placed in a historic context. Yes its a better part of Clairemont, but not even BayHo. Saying that is a lot like saying the tallest midget.

A large lot that is mostly unbuildable is not a large lot, its just extra liability.

Mainly what I found so delusional is the listing itself. First of all its FSBO. Second they make a point of talking about an appraisal that is 18 months old. Second the price was reduced yes, but not that much, not if its, “priced to sell.” Certainly not viewed from a historical perspective.

Josh

[sdduuuude]

When I see a reference to a “delusional” seller, I think it to mean they have listed their property at a price that is much higher than they could reasonably expect to get for it in the current market. Such is not the case. The current market can almost support the low end of their range.

Here’s a 2000 sq. ft house down the street that sold in Sept for $552K:
http://www.redfin.com/CA/San-Diego/5134-Park-Rim-Dr-92117/home/6238515

And a bigger one nearby at $558K in Nov:
http://www.redfin.com/CA/San-Diego/3374-Park-Rim-Ct-92117/home/6238534

Now, the current market may be a continuation of “housing bubble madness” and the ad may have some overly positive sentiment due to the fact that they are trying to sell it, but the sellers are not “delusional” though they may be disappointed that they’ll have to get a realtor.

The appeal of the lot is not the useable size, but the fact that there are no neighbors to the back and a wide open feeling of space. It’s a completely different market than the standard Clairemont house and I’m closely in touch with it as I have been helping friends look for such a place all last year.

It seems the cost of a house on a canyon lot over and above a similar house on a non-canyon lot has been increasing in the past year. It used to be about a $50K premium and seems to be more like $75K now. So, the canyon homes in Clairemont are acting a bit like the higher-end markets – sticky.

Call it a “Canyon lot bubble” that has yet to burst.

[sdduuuude]

When I see a reference to a “delusional” seller, I think it to mean they have listed their property at a price that is much higher than they could reasonably expect to get for it in the current market. Such is not the case. The current market can almost support the low end of their range.

Here’s a 2000 sq. ft house down the street that sold in Sept for $552K:
http://www.redfin.com/CA/San-Diego/5134-Park-Rim-Dr-92117/home/6238515

And a bigger one nearby at $558K in Nov:
http://www.redfin.com/CA/San-Diego/3374-Park-Rim-Ct-92117/home/6238534

Now, the current market may be a continuation of “housing bubble madness” and the ad may have some overly positive sentiment due to the fact that they are trying to sell it, but the sellers are not “delusional” though they may be disappointed that they’ll have to get a realtor.

The appeal of the lot is not the useable size, but the fact that there are no neighbors to the back and a wide open feeling of space. It’s a completely different market than the standard Clairemont house and I’m closely in touch with it as I have been helping friends look for such a place all last year.

It seems the cost of a house on a canyon lot over and above a similar house on a non-canyon lot has been increasing in the past year. It used to be about a $50K premium and seems to be more like $75K now. So, the canyon homes in Clairemont are acting a bit like the higher-end markets – sticky.

Call it a “Canyon lot bubble” that has yet to burst.

[sdduuuude]

When I see a reference to a “delusional” seller, I think it to mean they have listed their property at a price that is much higher than they could reasonably expect to get for it in the current market. Such is not the case. The current market can almost support the low end of their range.

Here’s a 2000 sq. ft house down the street that sold in Sept for $552K:
http://www.redfin.com/CA/San-Diego/5134-Park-Rim-Dr-92117/home/6238515

And a bigger one nearby at $558K in Nov:
http://www.redfin.com/CA/San-Diego/3374-Park-Rim-Ct-92117/home/6238534

Now, the current market may be a continuation of “housing bubble madness” and the ad may have some overly positive sentiment due to the fact that they are trying to sell it, but the sellers are not “delusional” though they may be disappointed that they’ll have to get a realtor.

The appeal of the lot is not the useable size, but the fact that there are no neighbors to the back and a wide open feeling of space. It’s a completely different market than the standard Clairemont house and I’m closely in touch with it as I have been helping friends look for such a place all last year.

It seems the cost of a house on a canyon lot over and above a similar house on a non-canyon lot has been increasing in the past year. It used to be about a $50K premium and seems to be more like $75K now. So, the canyon homes in Clairemont are acting a bit like the higher-end markets – sticky.

Call it a “Canyon lot bubble” that has yet to burst.

[sdduuuude]

When I see a reference to a “delusional” seller, I think it to mean they have listed their property at a price that is much higher than they could reasonably expect to get for it in the current market. Such is not the case. The current market can almost support the low end of their range.

Here’s a 2000 sq. ft house down the street that sold in Sept for $552K:
http://www.redfin.com/CA/San-Diego/5134-Park-Rim-Dr-92117/home/6238515

And a bigger one nearby at $558K in Nov:
http://www.redfin.com/CA/San-Diego/3374-Park-Rim-Ct-92117/home/6238534

Now, the current market may be a continuation of “housing bubble madness” and the ad may have some overly positive sentiment due to the fact that they are trying to sell it, but the sellers are not “delusional” though they may be disappointed that they’ll have to get a realtor.

The appeal of the lot is not the useable size, but the fact that there are no neighbors to the back and a wide open feeling of space. It’s a completely different market than the standard Clairemont house and I’m closely in touch with it as I have been helping friends look for such a place all last year.

It seems the cost of a house on a canyon lot over and above a similar house on a non-canyon lot has been increasing in the past year. It used to be about a $50K premium and seems to be more like $75K now. So, the canyon homes in Clairemont are acting a bit like the higher-end markets – sticky.

Call it a “Canyon lot bubble” that has yet to burst.

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