Any deals on coastal condos?

[profhoff]

I saw that price drop. That has got to be some sort of loss leader pricing to get you in the door – either that or something is seriously wrong with it.

It’s hard to imagine one of those with that kind of view going for $450k, but, if so, then all the condos in CV are really overpriced.

BTW, condo prices seem to be coming down dramatically in CV. You can pick up something pretty nice for around $450k now and if you want something older, then they are closer to $400k.

I thought we’d have to wait at least another quarter to see these kind of price drops.

The condos on the bluff in SB are also dropping and the prices in 92008 near the beach for the older complexes are getting very close to $400k.

By December, who knows what the prices will be!

[SD Realtor]

I agree… it could be a leader just to get offers in to hose out the short sale process with the lender. you never know though.

Agreeed about 92130 condos. FLU has been tracking them bigtime watching them skid.

[SD Realtor]

I agree… it could be a leader just to get offers in to hose out the short sale process with the lender. you never know though.

Agreeed about 92130 condos. FLU has been tracking them bigtime watching them skid.

[SD Realtor]

I agree… it could be a leader just to get offers in to hose out the short sale process with the lender. you never know though.

Agreeed about 92130 condos. FLU has been tracking them bigtime watching them skid.

[SD Realtor]

I agree… it could be a leader just to get offers in to hose out the short sale process with the lender. you never know though.

Agreeed about 92130 condos. FLU has been tracking them bigtime watching them skid.

[SD Realtor]

I agree… it could be a leader just to get offers in to hose out the short sale process with the lender. you never know though.

Agreeed about 92130 condos. FLU has been tracking them bigtime watching them skid.

[Anonymous]

Not so sure about the bluff Condos. Just when I think they are starting to move in the southerly direction I see stuff like this:

http://www.sdlookup.com/MLS-080043914-675_Sierra_8_Solana_Beach_Ca_92075

or this

http://www.sdlookup.com/MLS-086032281-135_Sierra_Ave_27_Solana_Beach_Ca_92075

The second one looks like it’s a Realtor owned unit, they picked it up at auction and thought they could flip it for a cool $200K

[Anonymous]

Not so sure about the bluff Condos. Just when I think they are starting to move in the southerly direction I see stuff like this:

http://www.sdlookup.com/MLS-080043914-675_Sierra_8_Solana_Beach_Ca_92075

or this

http://www.sdlookup.com/MLS-086032281-135_Sierra_Ave_27_Solana_Beach_Ca_92075

The second one looks like it’s a Realtor owned unit, they picked it up at auction and thought they could flip it for a cool $200K

[Anonymous]

Not so sure about the bluff Condos. Just when I think they are starting to move in the southerly direction I see stuff like this:

http://www.sdlookup.com/MLS-080043914-675_Sierra_8_Solana_Beach_Ca_92075

or this

http://www.sdlookup.com/MLS-086032281-135_Sierra_Ave_27_Solana_Beach_Ca_92075

The second one looks like it’s a Realtor owned unit, they picked it up at auction and thought they could flip it for a cool $200K

[Anonymous]

Not so sure about the bluff Condos. Just when I think they are starting to move in the southerly direction I see stuff like this:

http://www.sdlookup.com/MLS-080043914-675_Sierra_8_Solana_Beach_Ca_92075

or this

http://www.sdlookup.com/MLS-086032281-135_Sierra_Ave_27_Solana_Beach_Ca_92075

The second one looks like it’s a Realtor owned unit, they picked it up at auction and thought they could flip it for a cool $200K

[Anonymous]

Not so sure about the bluff Condos. Just when I think they are starting to move in the southerly direction I see stuff like this:

http://www.sdlookup.com/MLS-080043914-675_Sierra_8_Solana_Beach_Ca_92075

or this

http://www.sdlookup.com/MLS-086032281-135_Sierra_Ave_27_Solana_Beach_Ca_92075

The second one looks like it’s a Realtor owned unit, they picked it up at auction and thought they could flip it for a cool $200K

[profhoff]

The bluff is tricky. That first one is dreaming. Notice what they paid for it last year. Travertine floors just aren’t going to get people worked up anymore.

The second one is big and – who knows – the price might keep dropping.

These complexes are circa early 70s and unevenly maintained. They don’t have A/C and the bluff assessments are enough to keep you up at night.

Then you have to add in the permenanent residents (sometimes older and rather cranky about their territory) with the endless parade of renters.

And South Sierra is such a dump! The abandoned trailer park is still there and the area just never reall got fixed up like it should have, considering the prices.

My parents bought in Del Mar Beach Club from a plan before it was completed, back in the day when you couldn’t find Solana Beach even if you were looking for it and there was NOTHING there. They sold after many years, many assessments and an engineering report that the complex would be in the ocean soon enough.

Pity. I loved going there and often wish I could buy there, even though I know the downsides!

The proximity to the ocean is intoxicating.

[profhoff]

The bluff is tricky. That first one is dreaming. Notice what they paid for it last year. Travertine floors just aren’t going to get people worked up anymore.

The second one is big and – who knows – the price might keep dropping.

These complexes are circa early 70s and unevenly maintained. They don’t have A/C and the bluff assessments are enough to keep you up at night.

Then you have to add in the permenanent residents (sometimes older and rather cranky about their territory) with the endless parade of renters.

And South Sierra is such a dump! The abandoned trailer park is still there and the area just never reall got fixed up like it should have, considering the prices.

My parents bought in Del Mar Beach Club from a plan before it was completed, back in the day when you couldn’t find Solana Beach even if you were looking for it and there was NOTHING there. They sold after many years, many assessments and an engineering report that the complex would be in the ocean soon enough.

Pity. I loved going there and often wish I could buy there, even though I know the downsides!

The proximity to the ocean is intoxicating.

[profhoff]

The bluff is tricky. That first one is dreaming. Notice what they paid for it last year. Travertine floors just aren’t going to get people worked up anymore.

The second one is big and – who knows – the price might keep dropping.

These complexes are circa early 70s and unevenly maintained. They don’t have A/C and the bluff assessments are enough to keep you up at night.

Then you have to add in the permenanent residents (sometimes older and rather cranky about their territory) with the endless parade of renters.

And South Sierra is such a dump! The abandoned trailer park is still there and the area just never reall got fixed up like it should have, considering the prices.

My parents bought in Del Mar Beach Club from a plan before it was completed, back in the day when you couldn’t find Solana Beach even if you were looking for it and there was NOTHING there. They sold after many years, many assessments and an engineering report that the complex would be in the ocean soon enough.

Pity. I loved going there and often wish I could buy there, even though I know the downsides!

The proximity to the ocean is intoxicating.

[profhoff]

The bluff is tricky. That first one is dreaming. Notice what they paid for it last year. Travertine floors just aren’t going to get people worked up anymore.

The second one is big and – who knows – the price might keep dropping.

These complexes are circa early 70s and unevenly maintained. They don’t have A/C and the bluff assessments are enough to keep you up at night.

Then you have to add in the permenanent residents (sometimes older and rather cranky about their territory) with the endless parade of renters.

And South Sierra is such a dump! The abandoned trailer park is still there and the area just never reall got fixed up like it should have, considering the prices.

My parents bought in Del Mar Beach Club from a plan before it was completed, back in the day when you couldn’t find Solana Beach even if you were looking for it and there was NOTHING there. They sold after many years, many assessments and an engineering report that the complex would be in the ocean soon enough.

Pity. I loved going there and often wish I could buy there, even though I know the downsides!

The proximity to the ocean is intoxicating.

[Author]

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