Home › Forums › Closed Forums › Properties or Areas › Another short steal
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sdrealtor.
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February 2, 2011 at 10:33 AM #662691February 2, 2011 at 3:00 PM #661772
no_such_reality
ParticipantWhat steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000
09/01/2005 $1,275,000
44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
February 2, 2011 at 3:00 PM #661834ParticipantWhat steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000
09/01/2005 $1,275,000
44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
February 2, 2011 at 3:00 PM #662437ParticipantWhat steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000
09/01/2005 $1,275,000
44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
February 2, 2011 at 3:00 PM #662574ParticipantWhat steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000
09/01/2005 $1,275,000
44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
February 2, 2011 at 3:00 PM #662906ParticipantWhat steal?
It’s right at the price/sf of all the other home sales in the vicinity of the last six months. In fact, on $/sf, it’s on the high end.
here’s another property up there that sold 2000, 2003, sold 2009 back to 2003 pricing and just resold in 2011 for a slight increase on 2009 prices.
[quote]01/31/2011 $720,000
09/01/2005 $1,275,000
44% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]No, just looks like a very frothy bubble flipping neighborhood. There’s plenty of examples of homes that sold ’98, 2000, 2003, 2005-2006 and tripled/quadrupled price.
February 2, 2011 at 3:17 PM #661777jpinpb
ParticipantOver a million seems to be what they were going for back then. Just 2 years ago 6737 Camphor Pl sold for $1,125,000. Some areas were not seeing any declines last year and now they are showing distress.
February 2, 2011 at 3:17 PM #661839ParticipantOver a million seems to be what they were going for back then. Just 2 years ago 6737 Camphor Pl sold for $1,125,000. Some areas were not seeing any declines last year and now they are showing distress.
February 2, 2011 at 3:17 PM #662442ParticipantOver a million seems to be what they were going for back then. Just 2 years ago 6737 Camphor Pl sold for $1,125,000. Some areas were not seeing any declines last year and now they are showing distress.
February 2, 2011 at 3:17 PM #662579ParticipantOver a million seems to be what they were going for back then. Just 2 years ago 6737 Camphor Pl sold for $1,125,000. Some areas were not seeing any declines last year and now they are showing distress.
February 2, 2011 at 3:17 PM #662911ParticipantOver a million seems to be what they were going for back then. Just 2 years ago 6737 Camphor Pl sold for $1,125,000. Some areas were not seeing any declines last year and now they are showing distress.
February 2, 2011 at 4:10 PM #661787bearishgurl
Participant[quote=jimmyle]01/31/2011 $720,000
09/01/2005 $1,275,00044% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]
Yes, jimmyle. 2005 WAS the peak. November 2005, to be more precise.
February 2, 2011 at 4:10 PM #661849Participant[quote=jimmyle]01/31/2011 $720,000
09/01/2005 $1,275,00044% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]
Yes, jimmyle. 2005 WAS the peak. November 2005, to be more precise.
February 2, 2011 at 4:10 PM #662452Participant[quote=jimmyle]01/31/2011 $720,000
09/01/2005 $1,275,00044% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]
Yes, jimmyle. 2005 WAS the peak. November 2005, to be more precise.
February 2, 2011 at 4:10 PM #662589Participant[quote=jimmyle]01/31/2011 $720,000
09/01/2005 $1,275,00044% lost?? 2005 wasn’t the peak. Something fishy going on.[/quote]
Yes, jimmyle. 2005 WAS the peak. November 2005, to be more precise.
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