- This topic has 295 replies, 20 voices, and was last updated 17 years, 8 months ago by
larrylujack.
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April 9, 2008 at 2:34 PM #183835April 9, 2008 at 2:42 PM #183799
an
ParticipantRustico, I agree, it’s very interesting time. It used to be so easy to make a case to rent vs buy, by showing how rent is 1/2 the mortgage. This is no longer obvious in some areas. Hopefully we can stick to the data and let every make their own conclusion and debate about it.
April 9, 2008 at 2:42 PM #183815an
ParticipantRustico, I agree, it’s very interesting time. It used to be so easy to make a case to rent vs buy, by showing how rent is 1/2 the mortgage. This is no longer obvious in some areas. Hopefully we can stick to the data and let every make their own conclusion and debate about it.
April 9, 2008 at 2:42 PM #183843an
ParticipantRustico, I agree, it’s very interesting time. It used to be so easy to make a case to rent vs buy, by showing how rent is 1/2 the mortgage. This is no longer obvious in some areas. Hopefully we can stick to the data and let every make their own conclusion and debate about it.
April 9, 2008 at 2:42 PM #183850an
ParticipantRustico, I agree, it’s very interesting time. It used to be so easy to make a case to rent vs buy, by showing how rent is 1/2 the mortgage. This is no longer obvious in some areas. Hopefully we can stick to the data and let every make their own conclusion and debate about it.
April 9, 2008 at 2:42 PM #183857an
ParticipantRustico, I agree, it’s very interesting time. It used to be so easy to make a case to rent vs buy, by showing how rent is 1/2 the mortgage. This is no longer obvious in some areas. Hopefully we can stick to the data and let every make their own conclusion and debate about it.
April 9, 2008 at 4:12 PM #183829sdnerd
ParticipantIt will be very interesting to see the final numbers for this one. I have this feeling it received multiple bids and got bumped up quite a bit.
If however it really sells for that big of a discount – I would agree; it will be interesting times.
The buy vs. rent calculations could get very interesting as this year progresses… as could the various bailout attempts.
April 9, 2008 at 4:12 PM #183847sdnerd
ParticipantIt will be very interesting to see the final numbers for this one. I have this feeling it received multiple bids and got bumped up quite a bit.
If however it really sells for that big of a discount – I would agree; it will be interesting times.
The buy vs. rent calculations could get very interesting as this year progresses… as could the various bailout attempts.
April 9, 2008 at 4:12 PM #183873sdnerd
ParticipantIt will be very interesting to see the final numbers for this one. I have this feeling it received multiple bids and got bumped up quite a bit.
If however it really sells for that big of a discount – I would agree; it will be interesting times.
The buy vs. rent calculations could get very interesting as this year progresses… as could the various bailout attempts.
April 9, 2008 at 4:12 PM #183879sdnerd
ParticipantIt will be very interesting to see the final numbers for this one. I have this feeling it received multiple bids and got bumped up quite a bit.
If however it really sells for that big of a discount – I would agree; it will be interesting times.
The buy vs. rent calculations could get very interesting as this year progresses… as could the various bailout attempts.
April 9, 2008 at 4:12 PM #183886sdnerd
ParticipantIt will be very interesting to see the final numbers for this one. I have this feeling it received multiple bids and got bumped up quite a bit.
If however it really sells for that big of a discount – I would agree; it will be interesting times.
The buy vs. rent calculations could get very interesting as this year progresses… as could the various bailout attempts.
April 9, 2008 at 10:43 PM #184084an
ParticipantI guess 4S is not the only pseudo “high end” seeing some cracks. This one is in our famous Carmel Valley. Linky. This one is 3,384 sf, Santa Rosa development, built in 2006 and was bought for $1,299,868 on 04/21/2006. It is now bank owned and bank is asking $955k. That’s a cut of 345k or 27% off 2006 price. Not too shabby I’d say.
April 9, 2008 at 10:43 PM #184100an
ParticipantI guess 4S is not the only pseudo “high end” seeing some cracks. This one is in our famous Carmel Valley. Linky. This one is 3,384 sf, Santa Rosa development, built in 2006 and was bought for $1,299,868 on 04/21/2006. It is now bank owned and bank is asking $955k. That’s a cut of 345k or 27% off 2006 price. Not too shabby I’d say.
April 9, 2008 at 10:43 PM #184128an
ParticipantI guess 4S is not the only pseudo “high end” seeing some cracks. This one is in our famous Carmel Valley. Linky. This one is 3,384 sf, Santa Rosa development, built in 2006 and was bought for $1,299,868 on 04/21/2006. It is now bank owned and bank is asking $955k. That’s a cut of 345k or 27% off 2006 price. Not too shabby I’d say.
April 9, 2008 at 10:43 PM #184135an
ParticipantI guess 4S is not the only pseudo “high end” seeing some cracks. This one is in our famous Carmel Valley. Linky. This one is 3,384 sf, Santa Rosa development, built in 2006 and was bought for $1,299,868 on 04/21/2006. It is now bank owned and bank is asking $955k. That’s a cut of 345k or 27% off 2006 price. Not too shabby I’d say.
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