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July 12, 2006 at 7:14 AM #28168July 12, 2006 at 7:58 AM #28169powaysellerParticipant
LookOut, thank you for your views.
Whether home prices in higher API areas are justified or a proxy of the demographics of the area, whether construction costs would be higher without illegal labor are certainly home related topics.
I am certainly open to buying a house in a lower API area and paying less, if it could be shown that the API does not matter. This is definitely housing related to me. I paid much more to buy a house in Poway vs. El Cajon or Mira Mesa, under the belief that test scores matter. Perhaps they don’t. I wanted to explore this belief, but regretfully, it seems some here are too easily offended.
Pretending differences in housing markets and the reasons that people pay more for certain areas don’t exist in the guise of political correctness would diminish our quest to understand the housing market.
I am now reluctant to post today’s story about an Escondido ordinance that would ban illegals from renting, because I don’t know if some people on this forum could handle it.
We are all loved. You are loved.
July 12, 2006 at 8:38 AM #28172novice1027Participant“but regretfully, it seems some here are too easily offended.”
PS,
you are the most thinned skin person on this board, you take things that are said about Lakeside being the “crack capital” personnally, you get upset when someone makes a joke about the irony on a realitors name, but when you make general anecdotal racial comments and pi** a majority of people off, we all are “easily offended”
I can’t figure out if you are intentially trying to insight people or what.
There were 2 pages of replies to your comments that clearly offened many of us, and in your justification, you continued down the same vein.
Just stay off your racial overtones and learn to take non personal things with a grain of salt.July 12, 2006 at 9:51 AM #28176PDParticipantAPI scores and how ethnicity and neighborhood dynamics affects them is relevant to real estate. Anything related to ethnicity is bound to offend somebody. I think that many people are far too touchy and unable to discuss the issue with sense and without emotion. Truth is truth whether it is palatable or not (this should not be construed as support for any statements made by other posters).
A perfect example of PC censorship is the instance where the President of Harvard made comments to the effect that the innate differences between the brains of men and women could explain why there are fewer female scientists. He was heavily criticized for this statement, despite the fact that study after study have shown that the brains of men and women are different. Different does not mean better or worse. I was appalled that a scientific statement by an educator was excoriated. Political correctness, where it demands that truth be ignored, is revolting.
July 12, 2006 at 10:19 AM #28177novice1027ParticipantPD,
I would agree with some of what you say. I am hardly a sensitive type, and I agree with scientific data, and there are difference in all types of people, sex, race, etc. But for someone to state their limited observations as fact is rude and insulting, and sounds bigotid, even if not intended.
I think the smart thing to do, would be when you realize that you have offened many people, then get off the topic.
I don’t think this means we are too sensitive to hear data, just not personal observation.July 12, 2006 at 10:29 AM #28178sdrealtorParticipantTo get back on topic, someone mentioned the approximately 30% vacancy rate of homes for sale. Anecdotally, the number around here has always been high and this is not an obscenely high number relativce to what I have experienced in the past.
BTW, I have officially exceeded 2005 in sales volume, have more in escrow and more buyers waiting for the right home at the right price. This is in response to a thread a month or so ago that opined all realtors are suffering because transactions are down approx 30%. I know that I am one of the exceptions but know others having great years also. Even in a very tough year, there a success stories.
July 12, 2006 at 10:31 AM #28179CardiffBaseballParticipantToo much PC in this thread so lighten up all.
PS is Iranian and German, so she is the ultimate Aryan. I went to a hookah restaurant in Encino and saw so many good looking Persian women but I digress. Yowza.
Apparently no generalizations can ever be made so let’s strike these from the record.
African’s do not have a higher percentage of fast-twitch fibers in their body. Their success in track and field and regular sports (baseball/football/basketball) is purely due to their social plight and desire to escape poverty, even if that “hood” is in the UK, Canada or Jamaica. Doesn’t matter if their parents are physicians or ex-athletes with loads of dough, these kids succeed only to escape their misery.
There is no evidence anywhere that Asians push their kids more or expect excellence in academic endeavors. However it isn’t hard to read a craig’s list forum and find many asian kids who resent being pushed so hard. It’s an evening out factor that after a generation or two stateside kids want to be lazy like long term american youth. (regardless of race)
Even if Asians did not push their kids into Soccer, neither do many white or african americans. After all it’s soccer, and in many civilized American cities, it interferes with football and basketball.
July 12, 2006 at 10:32 AM #28180AnonymousGuestPD,
Great example and well put. It is obvious that the PC police have brainwashed our current society. What surprises me is that so many folks on this forum have allowed themselves to be brainwashed by the PC police. Generally people on this forum seem to be scientifically minded people who think for themselves but obviously not in all cases.
July 12, 2006 at 12:03 PM #28184powaysellerParticipantNovice, I am sorry you were offended. It was not my intent. I was raised to value education over sports, so how is that bigoted? I am explaining my own upbringing. I am a minority race too. How can I be bigoted? I agree that political correctness has gone too far. Crediting a race with valuing academics is not even remotely similar to calling someone’s home a crack capital.
sdrealtor, congratulations on your success. How many million dollar homes did you sell this year versus last year? Do you think the high end is staying strong? You say your sales volume is up, but how is your number of sales this year versus last year, which is what we keep reading about: we read that sales are down 30%, and I wonder if your own sales are down 30% too. Perhaps you have fewer listings, but they are more expensive ones. That would be a way to keep up your revenue in a declining market, to get the higher priced listings. Hopefully there are no contingencies where your buyer must sell a property first. Those are kind of risky. But it sounds like you would not accept that type of offer anyway. I wish you the best, even if we don’t see eye to eye on many things. I value your role as a breadwinner to your family, and hope you can keep providing for your family in the manner you like. I hope you can feel the sincerity of this wish for you.
July 12, 2006 at 12:09 PM #28186novice1027ParticipantThanks, apology accepted
July 12, 2006 at 12:31 PM #28188sdrealtorParticipantFor me Units sold are up and should continue to be up at least 50%. I have a higher % of listings this year. My average sales price is up about 20%. My buyers and the people buying my listings are very strong and well qualified for the most part.
The high end is stronger than the low end but all price ranges are struggling. The house must be nice and pricing is everything.
July 12, 2006 at 2:14 PM #28194powaysellerParticipantTo what do you attribute the strength of the high end market? Do the high end buyers have homes to sell? If they don’t it would explain the strength of the high end market.
I know the bottom end weakenend first, and that affected the 2nd tier, as the moveup buyer couldn’t sell his home. Next, comes the 3rd tier. Also the bottom end is more interest rate sensitive.
While there are plenty of people making over $400K per year to afford a $1.3 mil house, I doubt there are enough to buy all the houses built for them. So I wonder how we will get buyers for all those $1.5 mil and up homes? It seems like a small pool of buyers.
July 12, 2006 at 6:04 PM #28203sdrealtorParticipantMany high end buyers are coming from out of the area. I have a firend visiting from the east coast.He lives in a suburb of NYC (about 30 minutes from NYC along the train line for commuting in NJ) and would love to live in one of the nice towns near the Jersey Shore. He looked at some of my listings and thought our prices were CHEAP!
July 13, 2006 at 12:35 AM #28217jonze170Participantlet it go.
July 13, 2006 at 5:47 AM #28222powaysellerParticipantBut while upper income buyers come out here to visit, how many leave their high paying East Coast jobs to move to San Diego and buy a home? The East Coast guy cannot replace his job or salary here. We have a net outmigration. So I don’t buy that we’ve got a bunch of wealthy individuals moving in to buy the glut of $1.2mil and up homes.
So the question remains: how many $1.2+ mil homes are on the market, and how many qualified buyers are there for those homes? And how do they afford them?
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