Coronado Market Predictions

[Raybyrnes]

Akula1992

last I heard Coronado and La Jolla were areas that went against the trend and saw increases during the last Housing bust. I have never researched this to confirm the validity.

It wouldn’t surprise me and here is why. There are a lot of officers on Coronado so they would not have been inpacted by the bust. And in La Jolla SAIC was going gang busters which in the 80′ so ther was a lot of cash flowing through the area.

[PD]

Coronado has gone down a good chunk and will go down further. People speculated here just like everywhere else. I know a number of people who own here and are on the edge. Even people with significant means stretch their finances.

I also know someone who went broke building townhomes in La Jolla at the start of the last bust.

People are still in denial, though. One woman told me that only the “bad” streets in Coronado would go down in value.

[PD]

Coronado has gone down a good chunk and will go down further. People speculated here just like everywhere else. I know a number of people who own here and are on the edge. Even people with significant means stretch their finances.

I also know someone who went broke building townhomes in La Jolla at the start of the last bust.

People are still in denial, though. One woman told me that only the “bad” streets in Coronado would go down in value.

[PD]

Coronado has gone down a good chunk and will go down further. People speculated here just like everywhere else. I know a number of people who own here and are on the edge. Even people with significant means stretch their finances.

I also know someone who went broke building townhomes in La Jolla at the start of the last bust.

People are still in denial, though. One woman told me that only the “bad” streets in Coronado would go down in value.

[PD]

Coronado has gone down a good chunk and will go down further. People speculated here just like everywhere else. I know a number of people who own here and are on the edge. Even people with significant means stretch their finances.

I also know someone who went broke building townhomes in La Jolla at the start of the last bust.

People are still in denial, though. One woman told me that only the “bad” streets in Coronado would go down in value.

[PD]

Coronado has gone down a good chunk and will go down further. People speculated here just like everywhere else. I know a number of people who own here and are on the edge. Even people with significant means stretch their finances.

I also know someone who went broke building townhomes in La Jolla at the start of the last bust.

People are still in denial, though. One woman told me that only the “bad” streets in Coronado would go down in value.

[gandalf]

Somewhere, I’ve seen a discussion about the Coronado market that suggested, generally speaking, that the pool of loans outstanding in the Village contains a high number of mortgage products that tend to reset in 2009-2010, etc.

I guess what I’m asking is: is there any expectation that 2009/10 mortgage resets will have a greater impact on the well-to-do neighborhoods such as Coronado, possibly because of the types of loan products?

Any insights?

[gandalf]

Somewhere, I’ve seen a discussion about the Coronado market that suggested, generally speaking, that the pool of loans outstanding in the Village contains a high number of mortgage products that tend to reset in 2009-2010, etc.

I guess what I’m asking is: is there any expectation that 2009/10 mortgage resets will have a greater impact on the well-to-do neighborhoods such as Coronado, possibly because of the types of loan products?

Any insights?

[gandalf]

Somewhere, I’ve seen a discussion about the Coronado market that suggested, generally speaking, that the pool of loans outstanding in the Village contains a high number of mortgage products that tend to reset in 2009-2010, etc.

I guess what I’m asking is: is there any expectation that 2009/10 mortgage resets will have a greater impact on the well-to-do neighborhoods such as Coronado, possibly because of the types of loan products?

Any insights?

[gandalf]

Somewhere, I’ve seen a discussion about the Coronado market that suggested, generally speaking, that the pool of loans outstanding in the Village contains a high number of mortgage products that tend to reset in 2009-2010, etc.

I guess what I’m asking is: is there any expectation that 2009/10 mortgage resets will have a greater impact on the well-to-do neighborhoods such as Coronado, possibly because of the types of loan products?

Any insights?

[gandalf]

Somewhere, I’ve seen a discussion about the Coronado market that suggested, generally speaking, that the pool of loans outstanding in the Village contains a high number of mortgage products that tend to reset in 2009-2010, etc.

I guess what I’m asking is: is there any expectation that 2009/10 mortgage resets will have a greater impact on the well-to-do neighborhoods such as Coronado, possibly because of the types of loan products?

Any insights?

[Author]

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