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  • August 17, 2009 at 11:22 AM #16199
    DaCounselor
    Participant

    Just another example of some of the pretty big drops that have been happening in LJ. This one is almost $700K down in a little over 2 years – about a 30% drop. How can anyone support an argument that the coast is immune anymore?

    http://www.sdlookup.com/MLS-090016005-5585_Rutgers_Rd_La_Jolla_CA_92037

    August 17, 2009 at 11:32 AM #445588
    DaCounselor
    Participant

    Here is another recent -30% closing in LJ.

    http://www.sdlookup.com/MLS-090028838-2775_Inverness_La_Jolla_CA_92037

    August 17, 2009 at 11:32 AM #446371
    DaCounselor
    Participant

    Here is another recent -30% closing in LJ.

    http://www.sdlookup.com/MLS-090028838-2775_Inverness_La_Jolla_CA_92037

    August 17, 2009 at 11:32 AM #445779
    DaCounselor
    Participant

    Here is another recent -30% closing in LJ.

    http://www.sdlookup.com/MLS-090028838-2775_Inverness_La_Jolla_CA_92037

    August 17, 2009 at 11:32 AM #446190
    DaCounselor
    Participant

    Here is another recent -30% closing in LJ.

    http://www.sdlookup.com/MLS-090028838-2775_Inverness_La_Jolla_CA_92037

    August 17, 2009 at 11:32 AM #446119
    DaCounselor
    Participant

    Here is another recent -30% closing in LJ.

    http://www.sdlookup.com/MLS-090028838-2775_Inverness_La_Jolla_CA_92037

    August 17, 2009 at 11:41 AM #445593
    sdrealtor
    Participant

    Funny I showed the 1st one about a year ago when they wanted $2M. My clients really liked it but the price needed to be closer to where it actually sold. How this ever sold for 2.3M is laughable. The prior owners had too much spendable income and one of them was(may still be) an exec for a wireless head set company. They can afford the the loss though I doubt they are happy about it.

    August 17, 2009 at 11:41 AM #446376
    sdrealtor
    Participant

    Funny I showed the 1st one about a year ago when they wanted $2M. My clients really liked it but the price needed to be closer to where it actually sold. How this ever sold for 2.3M is laughable. The prior owners had too much spendable income and one of them was(may still be) an exec for a wireless head set company. They can afford the the loss though I doubt they are happy about it.

    August 17, 2009 at 11:41 AM #445784
    sdrealtor
    Participant

    Funny I showed the 1st one about a year ago when they wanted $2M. My clients really liked it but the price needed to be closer to where it actually sold. How this ever sold for 2.3M is laughable. The prior owners had too much spendable income and one of them was(may still be) an exec for a wireless head set company. They can afford the the loss though I doubt they are happy about it.

    August 17, 2009 at 11:41 AM #446195
    sdrealtor
    Participant

    Funny I showed the 1st one about a year ago when they wanted $2M. My clients really liked it but the price needed to be closer to where it actually sold. How this ever sold for 2.3M is laughable. The prior owners had too much spendable income and one of them was(may still be) an exec for a wireless head set company. They can afford the the loss though I doubt they are happy about it.

    August 17, 2009 at 11:41 AM #446124
    sdrealtor
    Participant

    Funny I showed the 1st one about a year ago when they wanted $2M. My clients really liked it but the price needed to be closer to where it actually sold. How this ever sold for 2.3M is laughable. The prior owners had too much spendable income and one of them was(may still be) an exec for a wireless head set company. They can afford the the loss though I doubt they are happy about it.

    August 17, 2009 at 2:05 PM #446255
    dbapig
    Participant

    [quote=sdrealtor]They can afford the the loss though I doubt they are happy about it.[/quote]

    An observation. So in order for the buyers to actually get some good deals, we need the sellers to be still making pretty $$$. This is a problem as more and more people lose jobs or income…

    August 17, 2009 at 2:05 PM #446436
    dbapig
    Participant

    [quote=sdrealtor]They can afford the the loss though I doubt they are happy about it.[/quote]

    An observation. So in order for the buyers to actually get some good deals, we need the sellers to be still making pretty $$$. This is a problem as more and more people lose jobs or income…

    August 17, 2009 at 2:05 PM #446184
    dbapig
    Participant

    [quote=sdrealtor]They can afford the the loss though I doubt they are happy about it.[/quote]

    An observation. So in order for the buyers to actually get some good deals, we need the sellers to be still making pretty $$$. This is a problem as more and more people lose jobs or income…

    August 17, 2009 at 2:05 PM #445653
    dbapig
    Participant

    [quote=sdrealtor]They can afford the the loss though I doubt they are happy about it.[/quote]

    An observation. So in order for the buyers to actually get some good deals, we need the sellers to be still making pretty $$$. This is a problem as more and more people lose jobs or income…

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