First crack in the high end?

[Coronita]

Submitted by Sandi Egan on April 9, 2008 – 11:58am.

So what do you personally think is a fair price for that home?

 

Frankly, just looking at a home like this and where it's located, I have a conceived notion that this a nice home for your slightly above average worker-bee professional, that's looking for a step up. I wouldn't consider this a starter home, due to it's size and amenities.. But something that one would move into as a step up.

Something someone would move into after they already owned for awhile elsewhere and were trading into something larger. Something that even if they trade up, a folks would  have to stretch initially using a traditional 30year loan. I wouldn't consider someone who is a FB able to purchase this home. Normally, $700k would be a price that I would think would be attainable by some professional with a single income or double income with some professionals that get paid less. And no, I don't consider this high end, because it *should* be attainable most professionals who've been working for a few years or for folks that can trade up. It's no LJ, RSF, or DelMar.

….But whatever I think is a "fair" price for this (or anyone else's perception of what a fair price is)is irrelevant…The fair price is what the market currently commands.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[LAAFTERHOURS]

4s Renter

This one is pending already – http://bubbletracking.blogspot.com/2008/04/price-break-at-4closure-ranch.

Someone come back when the official numbers are out..

[LAAFTERHOURS]

4s Renter

This one is pending already – http://bubbletracking.blogspot.com/2008/04/price-break-at-4closure-ranch.

Someone come back when the official numbers are out..

[LAAFTERHOURS]

4s Renter

This one is pending already – http://bubbletracking.blogspot.com/2008/04/price-break-at-4closure-ranch.

Someone come back when the official numbers are out..

[LAAFTERHOURS]

4s Renter

This one is pending already – http://bubbletracking.blogspot.com/2008/04/price-break-at-4closure-ranch.

Someone come back when the official numbers are out..

[LAAFTERHOURS]

4s Renter

This one is pending already – http://bubbletracking.blogspot.com/2008/04/price-break-at-4closure-ranch.

Someone come back when the official numbers are out..

[an]

speculation is speculation. Be it you know what you’re getting into and just taking advantage of the situation or buying the BS and got stuck after the speculation died off. Those who made the calculated risk and not buy into the whole “we’re not building anymore land” theory made out like a bandit if/when they sold in 2005. So yes, they were speculating but those who did were on the right side of the fence. Just like how we’re speculating now in some area that have already reached parity to rent. Sure, if it keep on going down the way we expect it to, then we’ll save a lot of $. However, the economy is so complex, it can very well turn in the direction we least expected. We’re no where near done w/ all the bailout talks either.

[an]

speculation is speculation. Be it you know what you’re getting into and just taking advantage of the situation or buying the BS and got stuck after the speculation died off. Those who made the calculated risk and not buy into the whole “we’re not building anymore land” theory made out like a bandit if/when they sold in 2005. So yes, they were speculating but those who did were on the right side of the fence. Just like how we’re speculating now in some area that have already reached parity to rent. Sure, if it keep on going down the way we expect it to, then we’ll save a lot of $. However, the economy is so complex, it can very well turn in the direction we least expected. We’re no where near done w/ all the bailout talks either.

[an]

speculation is speculation. Be it you know what you’re getting into and just taking advantage of the situation or buying the BS and got stuck after the speculation died off. Those who made the calculated risk and not buy into the whole “we’re not building anymore land” theory made out like a bandit if/when they sold in 2005. So yes, they were speculating but those who did were on the right side of the fence. Just like how we’re speculating now in some area that have already reached parity to rent. Sure, if it keep on going down the way we expect it to, then we’ll save a lot of $. However, the economy is so complex, it can very well turn in the direction we least expected. We’re no where near done w/ all the bailout talks either.

[an]

speculation is speculation. Be it you know what you’re getting into and just taking advantage of the situation or buying the BS and got stuck after the speculation died off. Those who made the calculated risk and not buy into the whole “we’re not building anymore land” theory made out like a bandit if/when they sold in 2005. So yes, they were speculating but those who did were on the right side of the fence. Just like how we’re speculating now in some area that have already reached parity to rent. Sure, if it keep on going down the way we expect it to, then we’ll save a lot of $. However, the economy is so complex, it can very well turn in the direction we least expected. We’re no where near done w/ all the bailout talks either.

[an]

speculation is speculation. Be it you know what you’re getting into and just taking advantage of the situation or buying the BS and got stuck after the speculation died off. Those who made the calculated risk and not buy into the whole “we’re not building anymore land” theory made out like a bandit if/when they sold in 2005. So yes, they were speculating but those who did were on the right side of the fence. Just like how we’re speculating now in some area that have already reached parity to rent. Sure, if it keep on going down the way we expect it to, then we’ll save a lot of $. However, the economy is so complex, it can very well turn in the direction we least expected. We’re no where near done w/ all the bailout talks either.

[NotCranky]

I absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.

[NotCranky]

I absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.

[NotCranky]

I absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.

[NotCranky]

I absolutely agree with you AN. I knew this day was on it’s way and often wondered how this blog forum would do when everyone was no longer pretty much unanimously “fence sitters”. Interesting.

[Author]

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