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  • August 18, 2009 at 11:03 PM #447036
    zzz
    Participant

    this is listed as a short sale so wondering if anyone knows the story on this house as the PPSF is out of whack with the neighborhood if it does go in the 900k range

    http://www.sdlookup.com/MLS-090029754-

    August 22, 2009 at 1:37 PM #447712
    DaCounselor
    Participant

    I’m encouraged by some of the big drops I have seen in LJ. I think a more definitive judgment is coming in 2011/2012 in 92037. I also watch the lower end in LJ and it has been hammered already. The high end should uniformly be down substantially in a few years.

    Also, some of the homes I have seen that have been listed at or above peak pricing have undergone some major remodeling since the peak price purchase. FWIW. Not saying the higher prices is justified, except in the owner’s mind.

    August 22, 2009 at 1:37 PM #447905
    DaCounselor
    Participant

    I’m encouraged by some of the big drops I have seen in LJ. I think a more definitive judgment is coming in 2011/2012 in 92037. I also watch the lower end in LJ and it has been hammered already. The high end should uniformly be down substantially in a few years.

    Also, some of the homes I have seen that have been listed at or above peak pricing have undergone some major remodeling since the peak price purchase. FWIW. Not saying the higher prices is justified, except in the owner’s mind.

    August 22, 2009 at 1:37 PM #448242
    DaCounselor
    Participant

    I’m encouraged by some of the big drops I have seen in LJ. I think a more definitive judgment is coming in 2011/2012 in 92037. I also watch the lower end in LJ and it has been hammered already. The high end should uniformly be down substantially in a few years.

    Also, some of the homes I have seen that have been listed at or above peak pricing have undergone some major remodeling since the peak price purchase. FWIW. Not saying the higher prices is justified, except in the owner’s mind.

    August 22, 2009 at 1:37 PM #448311
    DaCounselor
    Participant

    I’m encouraged by some of the big drops I have seen in LJ. I think a more definitive judgment is coming in 2011/2012 in 92037. I also watch the lower end in LJ and it has been hammered already. The high end should uniformly be down substantially in a few years.

    Also, some of the homes I have seen that have been listed at or above peak pricing have undergone some major remodeling since the peak price purchase. FWIW. Not saying the higher prices is justified, except in the owner’s mind.

    August 22, 2009 at 1:37 PM #448496
    DaCounselor
    Participant

    I’m encouraged by some of the big drops I have seen in LJ. I think a more definitive judgment is coming in 2011/2012 in 92037. I also watch the lower end in LJ and it has been hammered already. The high end should uniformly be down substantially in a few years.

    Also, some of the homes I have seen that have been listed at or above peak pricing have undergone some major remodeling since the peak price purchase. FWIW. Not saying the higher prices is justified, except in the owner’s mind.

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