Carlsbad 92011 holds the fort on home prices

[pencilneck]

A sign of the times from the front page of the UT: The solitary San Diego County Zip Code whose median price did not drop in the last quarter.

http://www.signonsandiego.com/news/northcounty/20080111-9999-1n11peak.html

[blahblahblah]

There is a lot of equity to be “liberated” and 401K money to be drained up there in the 92011. Once that runs out the foreclosures will come thick and fast. Wait a couple of years.

[Aecetia]

Or less.

[svelte]

Yeah, that’s the zip code where Dominic posted the following for one street in the Bay Collection, built in 2005, 2006:

Original Sale….Mortgage 1….Mortgage 2
——————————————-
1,650,000…1,000,000
1,100,000…..900,000….20,000
1,430,000…1,143,000
1,295,000…1,036,000…130,000
1,549,000…1,000,000…394,000
1,182,000…1,211,000
1,320,000…..680,000
1,199,000…1,220,000
1,407,000…..825,000…200,000
1,250,000…1,000,000…250,000
1,438,000…..986,000
1,000,000…..800,000…150,000
1,139,000…..838,000
1,656,000…1,324,000…165,000
1,191,000…..833,000
1,400,000…1,075,000…200,000
1,258,000…..710,000
1,390,000…..900,000
1,456,000…..975,000…375,000
1,900,000…1,000,000…400,000
1,240,000…1,105,000…240,000
1,265,000…1,000,000…250,000
1,245,000…..934,000
1,360,000…1,280,000…100,000
1,205,000…1,053,000
1,238,000…..980,000…250,000
1,234,000…..987,000…200,000
1,305,000…..700,000
1,435,000…1,000,000…291,000
1,250,000…1,000,000
1,412,000…..980,000
1,409,000…1,120,000
1,378,000…1,250,000
1,762,000…1,000,000…321,000
1,790,000…..870,000
1,351,000…1,201,000

Once a recession hits and a few people lose their jobs, it is going to be sheer pandemonium in that development!!!

[Duck]

Hmmm, all of those communites are North County coastal. Must be a coincidence.

[Ex-SD]

But………..since foreclosed homes that have reverted to REO’s are recorded as a sale at the existing loan balance at the time of the foreclosure…………..it doesn’t appear that we’re getting a very clear picture……..as this would skew the numbers UP………

[Bugs]

It’s a function of the distribution of the data. Disparate datasets. A couple of the boosters even alluded to it without understanding its significance.

As far as I can tell the U-T editors either didn’t read the reporter’s notes or they did read them and they decided to rewrite the story so they could put that headline up.

[waitingtobuycarlsbad]

I have to agree. Prices are definitely on the decline in 92011. For instance 7324 Golden Star
http://www.sdlookup.com/MLS-081002567-7324_Golden_Star_Ln_Carlsbad_CA_92011.

has dropped from an original offering price of $1,149,000
based on the sale of 7338 Golden Star on 9/28/2007 for $1,050,000.
http://www.sdlookup.com/MLS-076043755-7338_Golden_Star_Ln_Carlsbad_CA_92011.
To: $875,000-$925,000.
The last comp was a REO 7318 closing on 12/24/2007 for $838,900.
http://www.sdlookup.com/MLS-071089313- 7318_Golden_Star_Ln_Carlsbad_CA_92011.

We have seen price declines here and the reporters seem to ignore it! We should see more rapid price declines soon in 92011 as there are several foreclosures currently in the works.

waitingtobuycarlsbad

[ocrenter]

absolutely right, wtbcarlsbad.

I found examples of homes asking for at least 17% less than the nearest comp just 6-12 months prior in each segments of the market in 92011.

read it here.

[ocrenter]

absolutely right, wtbcarlsbad.

I found examples of homes asking for at least 17% less than the nearest comp just 6-12 months prior in each segments of the market in 92011.

read it here.

[ocrenter]

absolutely right, wtbcarlsbad.

I found examples of homes asking for at least 17% less than the nearest comp just 6-12 months prior in each segments of the market in 92011.

read it here.

[ocrenter]

absolutely right, wtbcarlsbad.

I found examples of homes asking for at least 17% less than the nearest comp just 6-12 months prior in each segments of the market in 92011.

read it here.

[ocrenter]

absolutely right, wtbcarlsbad.

I found examples of homes asking for at least 17% less than the nearest comp just 6-12 months prior in each segments of the market in 92011.

read it here.

[waitingtobuycarlsbad]

I have to agree. Prices are definitely on the decline in 92011. For instance 7324 Golden Star
http://www.sdlookup.com/MLS-081002567-7324_Golden_Star_Ln_Carlsbad_CA_92011.

has dropped from an original offering price of $1,149,000
based on the sale of 7338 Golden Star on 9/28/2007 for $1,050,000.
http://www.sdlookup.com/MLS-076043755-7338_Golden_Star_Ln_Carlsbad_CA_92011.
To: $875,000-$925,000.
The last comp was a REO 7318 closing on 12/24/2007 for $838,900.
http://www.sdlookup.com/MLS-071089313- 7318_Golden_Star_Ln_Carlsbad_CA_92011.

We have seen price declines here and the reporters seem to ignore it! We should see more rapid price declines soon in 92011 as there are several foreclosures currently in the works.

waitingtobuycarlsbad

[waitingtobuycarlsbad]

I have to agree. Prices are definitely on the decline in 92011. For instance 7324 Golden Star
http://www.sdlookup.com/MLS-081002567-7324_Golden_Star_Ln_Carlsbad_CA_92011.

has dropped from an original offering price of $1,149,000
based on the sale of 7338 Golden Star on 9/28/2007 for $1,050,000.
http://www.sdlookup.com/MLS-076043755-7338_Golden_Star_Ln_Carlsbad_CA_92011.
To: $875,000-$925,000.
The last comp was a REO 7318 closing on 12/24/2007 for $838,900.
http://www.sdlookup.com/MLS-071089313- 7318_Golden_Star_Ln_Carlsbad_CA_92011.

We have seen price declines here and the reporters seem to ignore it! We should see more rapid price declines soon in 92011 as there are several foreclosures currently in the works.

waitingtobuycarlsbad

[waitingtobuycarlsbad]

I have to agree. Prices are definitely on the decline in 92011. For instance 7324 Golden Star
http://www.sdlookup.com/MLS-081002567-7324_Golden_Star_Ln_Carlsbad_CA_92011.

has dropped from an original offering price of $1,149,000
based on the sale of 7338 Golden Star on 9/28/2007 for $1,050,000.
http://www.sdlookup.com/MLS-076043755-7338_Golden_Star_Ln_Carlsbad_CA_92011.
To: $875,000-$925,000.
The last comp was a REO 7318 closing on 12/24/2007 for $838,900.
http://www.sdlookup.com/MLS-071089313- 7318_Golden_Star_Ln_Carlsbad_CA_92011.

We have seen price declines here and the reporters seem to ignore it! We should see more rapid price declines soon in 92011 as there are several foreclosures currently in the works.

waitingtobuycarlsbad

[waitingtobuycarlsbad]

I have to agree. Prices are definitely on the decline in 92011. For instance 7324 Golden Star
http://www.sdlookup.com/MLS-081002567-7324_Golden_Star_Ln_Carlsbad_CA_92011.

has dropped from an original offering price of $1,149,000
based on the sale of 7338 Golden Star on 9/28/2007 for $1,050,000.
http://www.sdlookup.com/MLS-076043755-7338_Golden_Star_Ln_Carlsbad_CA_92011.
To: $875,000-$925,000.
The last comp was a REO 7318 closing on 12/24/2007 for $838,900.
http://www.sdlookup.com/MLS-071089313- 7318_Golden_Star_Ln_Carlsbad_CA_92011.

We have seen price declines here and the reporters seem to ignore it! We should see more rapid price declines soon in 92011 as there are several foreclosures currently in the works.

waitingtobuycarlsbad

[Bugs]

It’s a function of the distribution of the data. Disparate datasets. A couple of the boosters even alluded to it without understanding its significance.

As far as I can tell the U-T editors either didn’t read the reporter’s notes or they did read them and they decided to rewrite the story so they could put that headline up.

[Bugs]

It’s a function of the distribution of the data. Disparate datasets. A couple of the boosters even alluded to it without understanding its significance.

As far as I can tell the U-T editors either didn’t read the reporter’s notes or they did read them and they decided to rewrite the story so they could put that headline up.

[Bugs]

It’s a function of the distribution of the data. Disparate datasets. A couple of the boosters even alluded to it without understanding its significance.

As far as I can tell the U-T editors either didn’t read the reporter’s notes or they did read them and they decided to rewrite the story so they could put that headline up.

[Bugs]

It’s a function of the distribution of the data. Disparate datasets. A couple of the boosters even alluded to it without understanding its significance.

As far as I can tell the U-T editors either didn’t read the reporter’s notes or they did read them and they decided to rewrite the story so they could put that headline up.

[Ex-SD]

But………..since foreclosed homes that have reverted to REO’s are recorded as a sale at the existing loan balance at the time of the foreclosure…………..it doesn’t appear that we’re getting a very clear picture……..as this would skew the numbers UP………

[Ex-SD]

But………..since foreclosed homes that have reverted to REO’s are recorded as a sale at the existing loan balance at the time of the foreclosure…………..it doesn’t appear that we’re getting a very clear picture……..as this would skew the numbers UP………

[Ex-SD]

But………..since foreclosed homes that have reverted to REO’s are recorded as a sale at the existing loan balance at the time of the foreclosure…………..it doesn’t appear that we’re getting a very clear picture……..as this would skew the numbers UP………

[Ex-SD]

But………..since foreclosed homes that have reverted to REO’s are recorded as a sale at the existing loan balance at the time of the foreclosure…………..it doesn’t appear that we’re getting a very clear picture……..as this would skew the numbers UP………

[Duck]

Hmmm, all of those communites are North County coastal. Must be a coincidence.

[Duck]

Hmmm, all of those communites are North County coastal. Must be a coincidence.

[Duck]

Hmmm, all of those communites are North County coastal. Must be a coincidence.

[Duck]

Hmmm, all of those communites are North County coastal. Must be a coincidence.

[svelte]

Yeah, that’s the zip code where Dominic posted the following for one street in the Bay Collection, built in 2005, 2006:

Original Sale….Mortgage 1….Mortgage 2
——————————————-
1,650,000…1,000,000
1,100,000…..900,000….20,000
1,430,000…1,143,000
1,295,000…1,036,000…130,000
1,549,000…1,000,000…394,000
1,182,000…1,211,000
1,320,000…..680,000
1,199,000…1,220,000
1,407,000…..825,000…200,000
1,250,000…1,000,000…250,000
1,438,000…..986,000
1,000,000…..800,000…150,000
1,139,000…..838,000
1,656,000…1,324,000…165,000
1,191,000…..833,000
1,400,000…1,075,000…200,000
1,258,000…..710,000
1,390,000…..900,000
1,456,000…..975,000…375,000
1,900,000…1,000,000…400,000
1,240,000…1,105,000…240,000
1,265,000…1,000,000…250,000
1,245,000…..934,000
1,360,000…1,280,000…100,000
1,205,000…1,053,000
1,238,000…..980,000…250,000
1,234,000…..987,000…200,000
1,305,000…..700,000
1,435,000…1,000,000…291,000
1,250,000…1,000,000
1,412,000…..980,000
1,409,000…1,120,000
1,378,000…1,250,000
1,762,000…1,000,000…321,000
1,790,000…..870,000
1,351,000…1,201,000

Once a recession hits and a few people lose their jobs, it is going to be sheer pandemonium in that development!!!

[svelte]

Yeah, that’s the zip code where Dominic posted the following for one street in the Bay Collection, built in 2005, 2006:

Original Sale….Mortgage 1….Mortgage 2
——————————————-
1,650,000…1,000,000
1,100,000…..900,000….20,000
1,430,000…1,143,000
1,295,000…1,036,000…130,000
1,549,000…1,000,000…394,000
1,182,000…1,211,000
1,320,000…..680,000
1,199,000…1,220,000
1,407,000…..825,000…200,000
1,250,000…1,000,000…250,000
1,438,000…..986,000
1,000,000…..800,000…150,000
1,139,000…..838,000
1,656,000…1,324,000…165,000
1,191,000…..833,000
1,400,000…1,075,000…200,000
1,258,000…..710,000
1,390,000…..900,000
1,456,000…..975,000…375,000
1,900,000…1,000,000…400,000
1,240,000…1,105,000…240,000
1,265,000…1,000,000…250,000
1,245,000…..934,000
1,360,000…1,280,000…100,000
1,205,000…1,053,000
1,238,000…..980,000…250,000
1,234,000…..987,000…200,000
1,305,000…..700,000
1,435,000…1,000,000…291,000
1,250,000…1,000,000
1,412,000…..980,000
1,409,000…1,120,000
1,378,000…1,250,000
1,762,000…1,000,000…321,000
1,790,000…..870,000
1,351,000…1,201,000

Once a recession hits and a few people lose their jobs, it is going to be sheer pandemonium in that development!!!

[svelte]

Yeah, that’s the zip code where Dominic posted the following for one street in the Bay Collection, built in 2005, 2006:

Original Sale….Mortgage 1….Mortgage 2
——————————————-
1,650,000…1,000,000
1,100,000…..900,000….20,000
1,430,000…1,143,000
1,295,000…1,036,000…130,000
1,549,000…1,000,000…394,000
1,182,000…1,211,000
1,320,000…..680,000
1,199,000…1,220,000
1,407,000…..825,000…200,000
1,250,000…1,000,000…250,000
1,438,000…..986,000
1,000,000…..800,000…150,000
1,139,000…..838,000
1,656,000…1,324,000…165,000
1,191,000…..833,000
1,400,000…1,075,000…200,000
1,258,000…..710,000
1,390,000…..900,000
1,456,000…..975,000…375,000
1,900,000…1,000,000…400,000
1,240,000…1,105,000…240,000
1,265,000…1,000,000…250,000
1,245,000…..934,000
1,360,000…1,280,000…100,000
1,205,000…1,053,000
1,238,000…..980,000…250,000
1,234,000…..987,000…200,000
1,305,000…..700,000
1,435,000…1,000,000…291,000
1,250,000…1,000,000
1,412,000…..980,000
1,409,000…1,120,000
1,378,000…1,250,000
1,762,000…1,000,000…321,000
1,790,000…..870,000
1,351,000…1,201,000

Once a recession hits and a few people lose their jobs, it is going to be sheer pandemonium in that development!!!

[svelte]

Yeah, that’s the zip code where Dominic posted the following for one street in the Bay Collection, built in 2005, 2006:

Original Sale….Mortgage 1….Mortgage 2
——————————————-
1,650,000…1,000,000
1,100,000…..900,000….20,000
1,430,000…1,143,000
1,295,000…1,036,000…130,000
1,549,000…1,000,000…394,000
1,182,000…1,211,000
1,320,000…..680,000
1,199,000…1,220,000
1,407,000…..825,000…200,000
1,250,000…1,000,000…250,000
1,438,000…..986,000
1,000,000…..800,000…150,000
1,139,000…..838,000
1,656,000…1,324,000…165,000
1,191,000…..833,000
1,400,000…1,075,000…200,000
1,258,000…..710,000
1,390,000…..900,000
1,456,000…..975,000…375,000
1,900,000…1,000,000…400,000
1,240,000…1,105,000…240,000
1,265,000…1,000,000…250,000
1,245,000…..934,000
1,360,000…1,280,000…100,000
1,205,000…1,053,000
1,238,000…..980,000…250,000
1,234,000…..987,000…200,000
1,305,000…..700,000
1,435,000…1,000,000…291,000
1,250,000…1,000,000
1,412,000…..980,000
1,409,000…1,120,000
1,378,000…1,250,000
1,762,000…1,000,000…321,000
1,790,000…..870,000
1,351,000…1,201,000

Once a recession hits and a few people lose their jobs, it is going to be sheer pandemonium in that development!!!

[Aecetia]

Or less.

[Aecetia]

Or less.

[Aecetia]

Or less.

[Aecetia]

Or less.

[blahblahblah]

There is a lot of equity to be “liberated” and 401K money to be drained up there in the 92011. Once that runs out the foreclosures will come thick and fast. Wait a couple of years.

[blahblahblah]

There is a lot of equity to be “liberated” and 401K money to be drained up there in the 92011. Once that runs out the foreclosures will come thick and fast. Wait a couple of years.

[blahblahblah]

There is a lot of equity to be “liberated” and 401K money to be drained up there in the 92011. Once that runs out the foreclosures will come thick and fast. Wait a couple of years.

[blahblahblah]

There is a lot of equity to be “liberated” and 401K money to be drained up there in the 92011. Once that runs out the foreclosures will come thick and fast. Wait a couple of years.

[niy38]

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=081002569&page=1&property_type=SFR&mls=mls_sandiego&cKey=qw9hclhn&source=SANDICOR

[niy38]

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=081002569&page=1&property_type=SFR&mls=mls_sandiego&cKey=qw9hclhn&source=SANDICOR

[niy38]

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=081002569&page=1&property_type=SFR&mls=mls_sandiego&cKey=qw9hclhn&source=SANDICOR

[niy38]

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=081002569&page=1&property_type=SFR&mls=mls_sandiego&cKey=qw9hclhn&source=SANDICOR

[niy38]

http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=081002569&page=1&property_type=SFR&mls=mls_sandiego&cKey=qw9hclhn&source=SANDICOR

[Author]

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