Case of Case Shiller calls the bottom

[an]

surveyor, can you elaborate more on this?

I myself am starting to see the beginnings of the housing starts. We are seeing dead projects being bought up and springing back to life. Soon, they will start actually building again, hiring more people.

Do you see anything in the North County coming back to life? To me, the only good deals out there are either from builders or REO. Since new housing stock are mostly large SFR or small condo/townhouse, there’s really no option for something who are looking for a modest 1500-2000 sq-ft SFR.

[Ex-SD]

To the clown who started this thread:
Read it and weep: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/14/AR2008051403698.html?hpid=topnews

The Washington DC housing market is very similar to the San Diego market re.pricing, etc. If this is happening there, guess what’s coming to San Diego? Toot toot……………..The Pain Train.

[Ex-SD]

To the clown who started this thread:
Read it and weep: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/14/AR2008051403698.html?hpid=topnews

The Washington DC housing market is very similar to the San Diego market re.pricing, etc. If this is happening there, guess what’s coming to San Diego? Toot toot……………..The Pain Train.

[Ex-SD]

To the clown who started this thread:
Read it and weep: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/14/AR2008051403698.html?hpid=topnews

The Washington DC housing market is very similar to the San Diego market re.pricing, etc. If this is happening there, guess what’s coming to San Diego? Toot toot……………..The Pain Train.

[Ex-SD]

To the clown who started this thread:
Read it and weep: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/14/AR2008051403698.html?hpid=topnews

The Washington DC housing market is very similar to the San Diego market re.pricing, etc. If this is happening there, guess what’s coming to San Diego? Toot toot……………..The Pain Train.

[Ex-SD]

To the clown who started this thread:
Read it and weep: http://www.washingtonpost.com/wp-dyn/content/article/2008/05/14/AR2008051403698.html?hpid=topnews

The Washington DC housing market is very similar to the San Diego market re.pricing, etc. If this is happening there, guess what’s coming to San Diego? Toot toot……………..The Pain Train.

[surveyor]

starts

The stuff I’m seeing is not in San Diego county.

There are a couple of stalled subdivisions in northeast Escondido that I am watching. However, the owner is being very stubborn on price. He expects bubble prices.

There are other possible subdivisions but they are probably way too north for you to consider. The County is trying to build a road from the 15 to Valley Center, and someone will probably start looking to develop there. However, it will take 10 years for it to be finished, even if they started their application today.

[surveyor]

starts

The stuff I’m seeing is not in San Diego county.

There are a couple of stalled subdivisions in northeast Escondido that I am watching. However, the owner is being very stubborn on price. He expects bubble prices.

There are other possible subdivisions but they are probably way too north for you to consider. The County is trying to build a road from the 15 to Valley Center, and someone will probably start looking to develop there. However, it will take 10 years for it to be finished, even if they started their application today.

[surveyor]

starts

The stuff I’m seeing is not in San Diego county.

There are a couple of stalled subdivisions in northeast Escondido that I am watching. However, the owner is being very stubborn on price. He expects bubble prices.

There are other possible subdivisions but they are probably way too north for you to consider. The County is trying to build a road from the 15 to Valley Center, and someone will probably start looking to develop there. However, it will take 10 years for it to be finished, even if they started their application today.

[surveyor]

starts

The stuff I’m seeing is not in San Diego county.

There are a couple of stalled subdivisions in northeast Escondido that I am watching. However, the owner is being very stubborn on price. He expects bubble prices.

There are other possible subdivisions but they are probably way too north for you to consider. The County is trying to build a road from the 15 to Valley Center, and someone will probably start looking to develop there. However, it will take 10 years for it to be finished, even if they started their application today.

[surveyor]

starts

The stuff I’m seeing is not in San Diego county.

There are a couple of stalled subdivisions in northeast Escondido that I am watching. However, the owner is being very stubborn on price. He expects bubble prices.

There are other possible subdivisions but they are probably way too north for you to consider. The County is trying to build a road from the 15 to Valley Center, and someone will probably start looking to develop there. However, it will take 10 years for it to be finished, even if they started their application today.

[sdrealtor]

Just a thought…..

Most of the distress in the North County Coastal markets seem to be in the newer tracts that were built 2003 to 2007 like San Elijo Hills (if you can call it coastal), Bressi Ranch, La Costa Greens, La Costa Oaks and Encinitas Ranch to some extent. It looks like everyone will soon be able to buy those McMansions with sky high Mello Roos and HOA fees on postage stamp sized lots that they so covet around here. (Tongue firmly in cheek).

[sdrealtor]

Just a thought…..

Most of the distress in the North County Coastal markets seem to be in the newer tracts that were built 2003 to 2007 like San Elijo Hills (if you can call it coastal), Bressi Ranch, La Costa Greens, La Costa Oaks and Encinitas Ranch to some extent. It looks like everyone will soon be able to buy those McMansions with sky high Mello Roos and HOA fees on postage stamp sized lots that they so covet around here. (Tongue firmly in cheek).

[sdrealtor]

Just a thought…..

Most of the distress in the North County Coastal markets seem to be in the newer tracts that were built 2003 to 2007 like San Elijo Hills (if you can call it coastal), Bressi Ranch, La Costa Greens, La Costa Oaks and Encinitas Ranch to some extent. It looks like everyone will soon be able to buy those McMansions with sky high Mello Roos and HOA fees on postage stamp sized lots that they so covet around here. (Tongue firmly in cheek).

[sdrealtor]

Just a thought…..

Most of the distress in the North County Coastal markets seem to be in the newer tracts that were built 2003 to 2007 like San Elijo Hills (if you can call it coastal), Bressi Ranch, La Costa Greens, La Costa Oaks and Encinitas Ranch to some extent. It looks like everyone will soon be able to buy those McMansions with sky high Mello Roos and HOA fees on postage stamp sized lots that they so covet around here. (Tongue firmly in cheek).

[Author]

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