Estates at Stonebridge

[kcal09]

[quote=recordsclerk]Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the foreclosure that listed for 814K (pending).[/quote]

Wow, this one is clearly overpriced as the location is pretty poor with the Stonebridge Pkwy in the front and power lines in the back.

[kcal09]

[quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.

[kcal09]

[quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.

[kcal09]

[quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.

[kcal09]

[quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.

[kcal09]

[quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.

[ocrenter]

[quote=kcal09][quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.[/quote]

first, serenity is a post-bubble development, so financing for most of them would be the traditional 20% down or higher variety. and chances are most ended up getting very low 30 year interest rate.

second, like localguy mentioned on prior post, there is a market out there, homes are going. so if a house got all of the interior and exterior upgrades, it is more likely than not that it will find a buyer prior to reaching into the 700k territory. even well into 2013.

but is it possible that you might see maybe a couple of individual cases dip into the 700k range? maybe. maybe on a home that the owner could not afford to put upgrades in. and there’s a job loss. and the home already had a lot deficiency (aka minimal flat yard with steep slope in the back).

but then again, that has already happened with a couple of Davidson new homes and CityVenture Viscaya new homes. so whoever wanted a mid 700k larger Stonebridge home should have already acted. there’s no need to wait until 2013.

[ocrenter]

[quote=kcal09][quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.[/quote]

first, serenity is a post-bubble development, so financing for most of them would be the traditional 20% down or higher variety. and chances are most ended up getting very low 30 year interest rate.

second, like localguy mentioned on prior post, there is a market out there, homes are going. so if a house got all of the interior and exterior upgrades, it is more likely than not that it will find a buyer prior to reaching into the 700k territory. even well into 2013.

but is it possible that you might see maybe a couple of individual cases dip into the 700k range? maybe. maybe on a home that the owner could not afford to put upgrades in. and there’s a job loss. and the home already had a lot deficiency (aka minimal flat yard with steep slope in the back).

but then again, that has already happened with a couple of Davidson new homes and CityVenture Viscaya new homes. so whoever wanted a mid 700k larger Stonebridge home should have already acted. there’s no need to wait until 2013.

[ocrenter]

[quote=kcal09][quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.[/quote]

first, serenity is a post-bubble development, so financing for most of them would be the traditional 20% down or higher variety. and chances are most ended up getting very low 30 year interest rate.

second, like localguy mentioned on prior post, there is a market out there, homes are going. so if a house got all of the interior and exterior upgrades, it is more likely than not that it will find a buyer prior to reaching into the 700k territory. even well into 2013.

but is it possible that you might see maybe a couple of individual cases dip into the 700k range? maybe. maybe on a home that the owner could not afford to put upgrades in. and there’s a job loss. and the home already had a lot deficiency (aka minimal flat yard with steep slope in the back).

but then again, that has already happened with a couple of Davidson new homes and CityVenture Viscaya new homes. so whoever wanted a mid 700k larger Stonebridge home should have already acted. there’s no need to wait until 2013.

[ocrenter]

[quote=kcal09][quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.[/quote]

first, serenity is a post-bubble development, so financing for most of them would be the traditional 20% down or higher variety. and chances are most ended up getting very low 30 year interest rate.

second, like localguy mentioned on prior post, there is a market out there, homes are going. so if a house got all of the interior and exterior upgrades, it is more likely than not that it will find a buyer prior to reaching into the 700k territory. even well into 2013.

but is it possible that you might see maybe a couple of individual cases dip into the 700k range? maybe. maybe on a home that the owner could not afford to put upgrades in. and there’s a job loss. and the home already had a lot deficiency (aka minimal flat yard with steep slope in the back).

but then again, that has already happened with a couple of Davidson new homes and CityVenture Viscaya new homes. so whoever wanted a mid 700k larger Stonebridge home should have already acted. there’s no need to wait until 2013.

[ocrenter]

[quote=kcal09][quote=ocrenter][quote=kcal09]…the Serenity homes.[/quote]

new or resale?[/quote]

Resale of distressed homes.[/quote]

first, serenity is a post-bubble development, so financing for most of them would be the traditional 20% down or higher variety. and chances are most ended up getting very low 30 year interest rate.

second, like localguy mentioned on prior post, there is a market out there, homes are going. so if a house got all of the interior and exterior upgrades, it is more likely than not that it will find a buyer prior to reaching into the 700k territory. even well into 2013.

but is it possible that you might see maybe a couple of individual cases dip into the 700k range? maybe. maybe on a home that the owner could not afford to put upgrades in. and there’s a job loss. and the home already had a lot deficiency (aka minimal flat yard with steep slope in the back).

but then again, that has already happened with a couple of Davidson new homes and CityVenture Viscaya new homes. so whoever wanted a mid 700k larger Stonebridge home should have already acted. there’s no need to wait until 2013.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[Author]

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