Carmel Valley: 12838 Briarcrest San Diego Ca 92130

[donaldduckmoore]

I did not pay attention to CV, but is that considered cheap?

[Coronita]

[quote=pepsi]That is a real blow to the neighbor:

http://www.sdlookup.com/MLS-090002582-12854_Briarcrest_San_Diego_Ca_92130

This house is staged, but whose idea is it to put a big “Long-Life” writing on the wall ?
I assume the idea is to make chinese buyers feel at home, but is there really that many chinese buying in CV ?
Any realtor would comment about this ?
[/quote]

I doubt it. I think it is “en vogue” these days and some none chinese are fascinated by putting a asian characters on something and calling it “art”. Often times without knowing what it means.

There’s a purpose for why some chinese hang a special words upside-down, because it is suppose to be good luck…

But often times, I see someone either hang that word right side up OR hang the wrong words upside down. Go figure.

Personally, I think it’s tacky, but I’m no judge of art or fashion.

[Coronita]

[quote=pepsi]That is a real blow to the neighbor:

http://www.sdlookup.com/MLS-090002582-12854_Briarcrest_San_Diego_Ca_92130

This house is staged, but whose idea is it to put a big “Long-Life” writing on the wall ?
I assume the idea is to make chinese buyers feel at home, but is there really that many chinese buying in CV ?
Any realtor would comment about this ?
[/quote]

I doubt it. I think it is “en vogue” these days and some none chinese are fascinated by putting a asian characters on something and calling it “art”. Often times without knowing what it means.

There’s a purpose for why some chinese hang a special words upside-down, because it is suppose to be good luck…

But often times, I see someone either hang that word right side up OR hang the wrong words upside down. Go figure.

Personally, I think it’s tacky, but I’m no judge of art or fashion.

[Coronita]

[quote=pepsi]That is a real blow to the neighbor:

http://www.sdlookup.com/MLS-090002582-12854_Briarcrest_San_Diego_Ca_92130

This house is staged, but whose idea is it to put a big “Long-Life” writing on the wall ?
I assume the idea is to make chinese buyers feel at home, but is there really that many chinese buying in CV ?
Any realtor would comment about this ?
[/quote]

I doubt it. I think it is “en vogue” these days and some none chinese are fascinated by putting a asian characters on something and calling it “art”. Often times without knowing what it means.

There’s a purpose for why some chinese hang a special words upside-down, because it is suppose to be good luck…

But often times, I see someone either hang that word right side up OR hang the wrong words upside down. Go figure.

Personally, I think it’s tacky, but I’m no judge of art or fashion.

[Coronita]

[quote=pepsi]That is a real blow to the neighbor:

http://www.sdlookup.com/MLS-090002582-12854_Briarcrest_San_Diego_Ca_92130

This house is staged, but whose idea is it to put a big “Long-Life” writing on the wall ?
I assume the idea is to make chinese buyers feel at home, but is there really that many chinese buying in CV ?
Any realtor would comment about this ?
[/quote]

I doubt it. I think it is “en vogue” these days and some none chinese are fascinated by putting a asian characters on something and calling it “art”. Often times without knowing what it means.

There’s a purpose for why some chinese hang a special words upside-down, because it is suppose to be good luck…

But often times, I see someone either hang that word right side up OR hang the wrong words upside down. Go figure.

Personally, I think it’s tacky, but I’m no judge of art or fashion.

[Coronita]

[quote=pepsi]That is a real blow to the neighbor:

http://www.sdlookup.com/MLS-090002582-12854_Briarcrest_San_Diego_Ca_92130

This house is staged, but whose idea is it to put a big “Long-Life” writing on the wall ?
I assume the idea is to make chinese buyers feel at home, but is there really that many chinese buying in CV ?
Any realtor would comment about this ?
[/quote]

I doubt it. I think it is “en vogue” these days and some none chinese are fascinated by putting a asian characters on something and calling it “art”. Often times without knowing what it means.

There’s a purpose for why some chinese hang a special words upside-down, because it is suppose to be good luck…

But often times, I see someone either hang that word right side up OR hang the wrong words upside down. Go figure.

Personally, I think it’s tacky, but I’m no judge of art or fashion.

[Coronita]

I don’t think this is necessarily a “steal” at $829k. Nicely priced, not steal. It won’t go for $775k

1) First, these homes i believe are in the Soleil complex. These were brand new homes in 2004-5. I haven’t checked ,but if you look at the records, they probably indicate first owner back in 2004-5.

2) These homes are off of 56, which makes the location sort of discounted.

3) I recall some of these homes sold for $850-$950k region when they first came out, depending on location floor plan etc. So even at $829k, it’s not a “steal”…
(From 04 to 05, we were seeing 100-150k “appreciation” that was occuring in homes this size in CV)…Yes, we all know the joke on “appreciation” between 04 to 05.

Also, I believe Solei is in Pacific Highland ranch. I don’t believe you have access to Carmel Valley Unified. (Could be wrong)

Edit* never mind: it is in the Carmel Valley Unified/San Diegito district. Just looked it up.

[Coronita]

I don’t think this is necessarily a “steal” at $829k. Nicely priced, not steal. It won’t go for $775k

1) First, these homes i believe are in the Soleil complex. These were brand new homes in 2004-5. I haven’t checked ,but if you look at the records, they probably indicate first owner back in 2004-5.

2) These homes are off of 56, which makes the location sort of discounted.

3) I recall some of these homes sold for $850-$950k region when they first came out, depending on location floor plan etc. So even at $829k, it’s not a “steal”…
(From 04 to 05, we were seeing 100-150k “appreciation” that was occuring in homes this size in CV)…Yes, we all know the joke on “appreciation” between 04 to 05.

Also, I believe Solei is in Pacific Highland ranch. I don’t believe you have access to Carmel Valley Unified. (Could be wrong)

Edit* never mind: it is in the Carmel Valley Unified/San Diegito district. Just looked it up.

[Coronita]

I don’t think this is necessarily a “steal” at $829k. Nicely priced, not steal. It won’t go for $775k

1) First, these homes i believe are in the Soleil complex. These were brand new homes in 2004-5. I haven’t checked ,but if you look at the records, they probably indicate first owner back in 2004-5.

2) These homes are off of 56, which makes the location sort of discounted.

3) I recall some of these homes sold for $850-$950k region when they first came out, depending on location floor plan etc. So even at $829k, it’s not a “steal”…
(From 04 to 05, we were seeing 100-150k “appreciation” that was occuring in homes this size in CV)…Yes, we all know the joke on “appreciation” between 04 to 05.

Also, I believe Solei is in Pacific Highland ranch. I don’t believe you have access to Carmel Valley Unified. (Could be wrong)

Edit* never mind: it is in the Carmel Valley Unified/San Diegito district. Just looked it up.

[Coronita]

I don’t think this is necessarily a “steal” at $829k. Nicely priced, not steal. It won’t go for $775k

1) First, these homes i believe are in the Soleil complex. These were brand new homes in 2004-5. I haven’t checked ,but if you look at the records, they probably indicate first owner back in 2004-5.

2) These homes are off of 56, which makes the location sort of discounted.

3) I recall some of these homes sold for $850-$950k region when they first came out, depending on location floor plan etc. So even at $829k, it’s not a “steal”…
(From 04 to 05, we were seeing 100-150k “appreciation” that was occuring in homes this size in CV)…Yes, we all know the joke on “appreciation” between 04 to 05.

Also, I believe Solei is in Pacific Highland ranch. I don’t believe you have access to Carmel Valley Unified. (Could be wrong)

Edit* never mind: it is in the Carmel Valley Unified/San Diegito district. Just looked it up.

[Coronita]

I don’t think this is necessarily a “steal” at $829k. Nicely priced, not steal. It won’t go for $775k

1) First, these homes i believe are in the Soleil complex. These were brand new homes in 2004-5. I haven’t checked ,but if you look at the records, they probably indicate first owner back in 2004-5.

2) These homes are off of 56, which makes the location sort of discounted.

3) I recall some of these homes sold for $850-$950k region when they first came out, depending on location floor plan etc. So even at $829k, it’s not a “steal”…
(From 04 to 05, we were seeing 100-150k “appreciation” that was occuring in homes this size in CV)…Yes, we all know the joke on “appreciation” between 04 to 05.

Also, I believe Solei is in Pacific Highland ranch. I don’t believe you have access to Carmel Valley Unified. (Could be wrong)

Edit* never mind: it is in the Carmel Valley Unified/San Diegito district. Just looked it up.

[Coronita]

[quote=donaldduckmoore]I did not pay attention to CV, but is that considered cheap?[/quote]

“cheaper”… Anything under $300/sqft would be consider “cheaper” in today’s market.

I’d call a “steal” in this market today something of this size at $700k, though I believe Realtor’s would say at $700k even today, you would see multiple offers due to pent up demand (I do think there are plenty of people on the sidelines).

I don’t see this falling to low $600k, unless some significant catastrophe occurs. And IF that happened, it wouldn’t matter to most people today hoping pricing would reach that level. Because at that point some catastrophe occurred, and would pretty much hit ground zero at most everyone because either something significant happened in SD or the U.S. economy, and chances are most of us are going to be unemployed and have no advantage over anyone else. As SDR had posted previously, there was a home in Palacio complex that sold pretty quickly, which was imho a much worst home than this one. It went pretty quick at $8xxk and change, i believe with multiple offer.

Homes in CV are still inflated, again we have still yet to see massive unemployment that is hitting close to home (yet).

30-40 people layoffs at QC is statstically insignificant, and even a part/400+ layoff at MOT here in SD would be insignificant. We saw some good people that got axed from TI a few months back, and while it sucks personally, in the macro picture, I don’t think it made a significant crater in the overall housing picture. Now, if you add up a bunch of satellite offices in SD closing, then we have a problem. A litmus test for me would be how many office vacancy signs are you starting to see. That’s what I’m using to gauge how we’re doing these days in SD. (I’ve started to see more and more of them).
Seriously.

Not downplaying layoffs, especially if it happens to you personally or someone you know. BUT, really for home prices in some of these areas to fall faster, it would take a catastrophic event, I’m taking thousands of people locally.

When you consider QC employes 10k+ employees (and that might even be low), 30-40 layoffs here and there, the company doesn’t even need to report them publicly.

Until then, we’re see this slowly trickle down in home prices, and having those 4.85-5.00% loans available isn’t helping soften demand i suspect.

[Coronita]

[quote=donaldduckmoore]I did not pay attention to CV, but is that considered cheap?[/quote]

“cheaper”… Anything under $300/sqft would be consider “cheaper” in today’s market.

I’d call a “steal” in this market today something of this size at $700k, though I believe Realtor’s would say at $700k even today, you would see multiple offers due to pent up demand (I do think there are plenty of people on the sidelines).

I don’t see this falling to low $600k, unless some significant catastrophe occurs. And IF that happened, it wouldn’t matter to most people today hoping pricing would reach that level. Because at that point some catastrophe occurred, and would pretty much hit ground zero at most everyone because either something significant happened in SD or the U.S. economy, and chances are most of us are going to be unemployed and have no advantage over anyone else. As SDR had posted previously, there was a home in Palacio complex that sold pretty quickly, which was imho a much worst home than this one. It went pretty quick at $8xxk and change, i believe with multiple offer.

Homes in CV are still inflated, again we have still yet to see massive unemployment that is hitting close to home (yet).

30-40 people layoffs at QC is statstically insignificant, and even a part/400+ layoff at MOT here in SD would be insignificant. We saw some good people that got axed from TI a few months back, and while it sucks personally, in the macro picture, I don’t think it made a significant crater in the overall housing picture. Now, if you add up a bunch of satellite offices in SD closing, then we have a problem. A litmus test for me would be how many office vacancy signs are you starting to see. That’s what I’m using to gauge how we’re doing these days in SD. (I’ve started to see more and more of them).
Seriously.

Not downplaying layoffs, especially if it happens to you personally or someone you know. BUT, really for home prices in some of these areas to fall faster, it would take a catastrophic event, I’m taking thousands of people locally.

When you consider QC employes 10k+ employees (and that might even be low), 30-40 layoffs here and there, the company doesn’t even need to report them publicly.

Until then, we’re see this slowly trickle down in home prices, and having those 4.85-5.00% loans available isn’t helping soften demand i suspect.

[Coronita]

[quote=donaldduckmoore]I did not pay attention to CV, but is that considered cheap?[/quote]

“cheaper”… Anything under $300/sqft would be consider “cheaper” in today’s market.

I’d call a “steal” in this market today something of this size at $700k, though I believe Realtor’s would say at $700k even today, you would see multiple offers due to pent up demand (I do think there are plenty of people on the sidelines).

I don’t see this falling to low $600k, unless some significant catastrophe occurs. And IF that happened, it wouldn’t matter to most people today hoping pricing would reach that level. Because at that point some catastrophe occurred, and would pretty much hit ground zero at most everyone because either something significant happened in SD or the U.S. economy, and chances are most of us are going to be unemployed and have no advantage over anyone else. As SDR had posted previously, there was a home in Palacio complex that sold pretty quickly, which was imho a much worst home than this one. It went pretty quick at $8xxk and change, i believe with multiple offer.

Homes in CV are still inflated, again we have still yet to see massive unemployment that is hitting close to home (yet).

30-40 people layoffs at QC is statstically insignificant, and even a part/400+ layoff at MOT here in SD would be insignificant. We saw some good people that got axed from TI a few months back, and while it sucks personally, in the macro picture, I don’t think it made a significant crater in the overall housing picture. Now, if you add up a bunch of satellite offices in SD closing, then we have a problem. A litmus test for me would be how many office vacancy signs are you starting to see. That’s what I’m using to gauge how we’re doing these days in SD. (I’ve started to see more and more of them).
Seriously.

Not downplaying layoffs, especially if it happens to you personally or someone you know. BUT, really for home prices in some of these areas to fall faster, it would take a catastrophic event, I’m taking thousands of people locally.

When you consider QC employes 10k+ employees (and that might even be low), 30-40 layoffs here and there, the company doesn’t even need to report them publicly.

Until then, we’re see this slowly trickle down in home prices, and having those 4.85-5.00% loans available isn’t helping soften demand i suspect.

[Coronita]

[quote=donaldduckmoore]I did not pay attention to CV, but is that considered cheap?[/quote]

“cheaper”… Anything under $300/sqft would be consider “cheaper” in today’s market.

I’d call a “steal” in this market today something of this size at $700k, though I believe Realtor’s would say at $700k even today, you would see multiple offers due to pent up demand (I do think there are plenty of people on the sidelines).

I don’t see this falling to low $600k, unless some significant catastrophe occurs. And IF that happened, it wouldn’t matter to most people today hoping pricing would reach that level. Because at that point some catastrophe occurred, and would pretty much hit ground zero at most everyone because either something significant happened in SD or the U.S. economy, and chances are most of us are going to be unemployed and have no advantage over anyone else. As SDR had posted previously, there was a home in Palacio complex that sold pretty quickly, which was imho a much worst home than this one. It went pretty quick at $8xxk and change, i believe with multiple offer.

Homes in CV are still inflated, again we have still yet to see massive unemployment that is hitting close to home (yet).

30-40 people layoffs at QC is statstically insignificant, and even a part/400+ layoff at MOT here in SD would be insignificant. We saw some good people that got axed from TI a few months back, and while it sucks personally, in the macro picture, I don’t think it made a significant crater in the overall housing picture. Now, if you add up a bunch of satellite offices in SD closing, then we have a problem. A litmus test for me would be how many office vacancy signs are you starting to see. That’s what I’m using to gauge how we’re doing these days in SD. (I’ve started to see more and more of them).
Seriously.

Not downplaying layoffs, especially if it happens to you personally or someone you know. BUT, really for home prices in some of these areas to fall faster, it would take a catastrophic event, I’m taking thousands of people locally.

When you consider QC employes 10k+ employees (and that might even be low), 30-40 layoffs here and there, the company doesn’t even need to report them publicly.

Until then, we’re see this slowly trickle down in home prices, and having those 4.85-5.00% loans available isn’t helping soften demand i suspect.

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