Home › Forums › Closed Forums › Properties or Areas › Derby Hill in CV???
- This topic has 231 replies, 22 voices, and was last updated 18 years, 3 months ago by
sdcellar.
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August 23, 2007 at 7:44 PM #80292August 23, 2007 at 8:07 PM #80154
Raybyrnes
ParticipantArty,
I hope you ae right. I just don’t foresee it.
August 23, 2007 at 8:07 PM #80284Raybyrnes
ParticipantArty,
I hope you ae right. I just don’t foresee it.
August 23, 2007 at 8:07 PM #80307Raybyrnes
ParticipantArty,
I hope you ae right. I just don’t foresee it.
August 23, 2007 at 8:24 PM #80167Reality
ParticipantThere is a lot of money out here and the lifestyle is desirable. A lot of income in San Diego does not show up in the statistics because there are a lot of small business ownere who make plenty of money and it is not being reported. Additionally there are enough old timers who have set up trust funds due to the fact that the did buy many eons ago who and going to help there kids out.
Yawn. Is all this hidden income a new phenomenon? Because affordability numbers like we’ve seen in San Diego the last few years certainly are new.
It’s really very simple. INCOMES DON’T SUPPORT PRICES.
And these “old timers” will only leave their kids a lot if they sell or sold at the right time, which means now to a couple years ago. Even so, there aren’t enough trust funds to affect the market. At a macro level, new buyers can’t (because most don’t have trust funds) pay the bubble prices.
Sure, some people can afford to buy now. But the smart ones won’t.
August 23, 2007 at 8:24 PM #80296Reality
ParticipantThere is a lot of money out here and the lifestyle is desirable. A lot of income in San Diego does not show up in the statistics because there are a lot of small business ownere who make plenty of money and it is not being reported. Additionally there are enough old timers who have set up trust funds due to the fact that the did buy many eons ago who and going to help there kids out.
Yawn. Is all this hidden income a new phenomenon? Because affordability numbers like we’ve seen in San Diego the last few years certainly are new.
It’s really very simple. INCOMES DON’T SUPPORT PRICES.
And these “old timers” will only leave their kids a lot if they sell or sold at the right time, which means now to a couple years ago. Even so, there aren’t enough trust funds to affect the market. At a macro level, new buyers can’t (because most don’t have trust funds) pay the bubble prices.
Sure, some people can afford to buy now. But the smart ones won’t.
August 23, 2007 at 8:24 PM #80319Reality
ParticipantThere is a lot of money out here and the lifestyle is desirable. A lot of income in San Diego does not show up in the statistics because there are a lot of small business ownere who make plenty of money and it is not being reported. Additionally there are enough old timers who have set up trust funds due to the fact that the did buy many eons ago who and going to help there kids out.
Yawn. Is all this hidden income a new phenomenon? Because affordability numbers like we’ve seen in San Diego the last few years certainly are new.
It’s really very simple. INCOMES DON’T SUPPORT PRICES.
And these “old timers” will only leave their kids a lot if they sell or sold at the right time, which means now to a couple years ago. Even so, there aren’t enough trust funds to affect the market. At a macro level, new buyers can’t (because most don’t have trust funds) pay the bubble prices.
Sure, some people can afford to buy now. But the smart ones won’t.
August 23, 2007 at 11:21 PM #80252wsm
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !August 23, 2007 at 11:21 PM #80383wsm
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !August 23, 2007 at 11:21 PM #80405wsm
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !August 24, 2007 at 7:22 AM #80288Coronita
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !2000+- 100 sqft @800k+ is overpriced imho, even in CV.
August 24, 2007 at 7:22 AM #80419Coronita
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !2000+- 100 sqft @800k+ is overpriced imho, even in CV.
August 24, 2007 at 7:22 AM #80441Coronita
ParticipantWe went to all 3 developments that Pardee have on the Torry Hills on Sunday, and we only want to afford the Carriage Run. I wonder if anyone have any experience with this development ?
Thanks a lot !2000+- 100 sqft @800k+ is overpriced imho, even in CV.
August 24, 2007 at 11:09 AM #80448PadreBrian
ParticipantYeah, nice small homes with low taxes and low hoa. BUT, they are 200k too high for “starter homes”. Doctors and dentists aren’t going to pay high 800’s for a starter home. With the passing of stated income loans and zero down, those are the only people that can afford such a house now.
August 24, 2007 at 11:09 AM #80578PadreBrian
ParticipantYeah, nice small homes with low taxes and low hoa. BUT, they are 200k too high for “starter homes”. Doctors and dentists aren’t going to pay high 800’s for a starter home. With the passing of stated income loans and zero down, those are the only people that can afford such a house now.
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