cnn.com San Diego on its way to housing recovery

[desmond]

SDR if fixated on “his hood” so most everything he writes about is regarding this small, defined area, fine-no problem. But not everybody lives in, wants to buy, or is discussing this area and they see other trends that are actually happening elsewhere.

[Anonymous]

I think sdr took out one too many home equity loans, is under water and therefore is very sensitive about the idea that prices in his hood could actually drop more.

[Anonymous]

I think sdr took out one too many home equity loans, is under water and therefore is very sensitive about the idea that prices in his hood could actually drop more.

[Anonymous]

I think sdr took out one too many home equity loans, is under water and therefore is very sensitive about the idea that prices in his hood could actually drop more.

[Anonymous]

I think sdr took out one too many home equity loans, is under water and therefore is very sensitive about the idea that prices in his hood could actually drop more.

[Anonymous]

I think sdr took out one too many home equity loans, is under water and therefore is very sensitive about the idea that prices in his hood could actually drop more.

[CA renter]

[quote=sdrealtor]I think the difference between our thinking is the size of the mispricing:)

update: the 2nd house which was roughly a 700K house now has multiple offers on it. The $20K difference on the asking price made all the difference.[/quote]

That “$20K difference” is what has made the difference all the way down in the markets that have dropped already. All you have to do is price your house lower than your competitors…all the way down (trust me, I know this because it’s exactly what we did when the credit market first wobbled in 2007). 😉

[CA renter]

[quote=sdrealtor]I think the difference between our thinking is the size of the mispricing:)

update: the 2nd house which was roughly a 700K house now has multiple offers on it. The $20K difference on the asking price made all the difference.[/quote]

That “$20K difference” is what has made the difference all the way down in the markets that have dropped already. All you have to do is price your house lower than your competitors…all the way down (trust me, I know this because it’s exactly what we did when the credit market first wobbled in 2007). 😉

[CA renter]

[quote=sdrealtor]I think the difference between our thinking is the size of the mispricing:)

update: the 2nd house which was roughly a 700K house now has multiple offers on it. The $20K difference on the asking price made all the difference.[/quote]

That “$20K difference” is what has made the difference all the way down in the markets that have dropped already. All you have to do is price your house lower than your competitors…all the way down (trust me, I know this because it’s exactly what we did when the credit market first wobbled in 2007). 😉

[CA renter]

[quote=sdrealtor]I think the difference between our thinking is the size of the mispricing:)

update: the 2nd house which was roughly a 700K house now has multiple offers on it. The $20K difference on the asking price made all the difference.[/quote]

That “$20K difference” is what has made the difference all the way down in the markets that have dropped already. All you have to do is price your house lower than your competitors…all the way down (trust me, I know this because it’s exactly what we did when the credit market first wobbled in 2007). 😉

[CA renter]

[quote=sdrealtor]I think the difference between our thinking is the size of the mispricing:)

update: the 2nd house which was roughly a 700K house now has multiple offers on it. The $20K difference on the asking price made all the difference.[/quote]

That “$20K difference” is what has made the difference all the way down in the markets that have dropped already. All you have to do is price your house lower than your competitors…all the way down (trust me, I know this because it’s exactly what we did when the credit market first wobbled in 2007). 😉

[sdrealtor]

For the record, sdr has a 37% loan to value on his home as of his refi last month and a $1600 mortgage payment. He also has listings everywhere in SoCal from Pasadena on the Rose Bowl parade route to Chula Vista. He sees what is going on at the street level in a way you never will. My skin is made of titanium and your darts merely bounce off me.

[sdrealtor]

For the record, sdr has a 37% loan to value on his home as of his refi last month and a $1600 mortgage payment. He also has listings everywhere in SoCal from Pasadena on the Rose Bowl parade route to Chula Vista. He sees what is going on at the street level in a way you never will. My skin is made of titanium and your darts merely bounce off me.

[sdrealtor]

For the record, sdr has a 37% loan to value on his home as of his refi last month and a $1600 mortgage payment. He also has listings everywhere in SoCal from Pasadena on the Rose Bowl parade route to Chula Vista. He sees what is going on at the street level in a way you never will. My skin is made of titanium and your darts merely bounce off me.

[sdrealtor]

For the record, sdr has a 37% loan to value on his home as of his refi last month and a $1600 mortgage payment. He also has listings everywhere in SoCal from Pasadena on the Rose Bowl parade route to Chula Vista. He sees what is going on at the street level in a way you never will. My skin is made of titanium and your darts merely bounce off me.

[Author]

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