First crack in the high end?

[Sandi Egan]

Every lowball price they set gets bidding wars. This is a good example. Watch it end up to 900k.

True, but still this is a big time comps killer.
Similar to Maybach’s price drop to low 600Ks on 3000 sqft houses from another topic.

I am surprised this is happening already. I expected the high-end prices to hold until the end of the Summer.

[recordsclerk]

There was a similar bank owned home listed for 849K and must have just gone pending since I don’t see it listed anymore. Someone with MLS access might be able to get the address and date it went pending. The 849K house was listed for a long time at that price, so I don’t see this 800K property going for much more then 850K unless it is far superior to the 849K home.

[recordsclerk]

There was a similar bank owned home listed for 849K and must have just gone pending since I don’t see it listed anymore. Someone with MLS access might be able to get the address and date it went pending. The 849K house was listed for a long time at that price, so I don’t see this 800K property going for much more then 850K unless it is far superior to the 849K home.

[recordsclerk]

There was a similar bank owned home listed for 849K and must have just gone pending since I don’t see it listed anymore. Someone with MLS access might be able to get the address and date it went pending. The 849K house was listed for a long time at that price, so I don’t see this 800K property going for much more then 850K unless it is far superior to the 849K home.

[recordsclerk]

There was a similar bank owned home listed for 849K and must have just gone pending since I don’t see it listed anymore. Someone with MLS access might be able to get the address and date it went pending. The 849K house was listed for a long time at that price, so I don’t see this 800K property going for much more then 850K unless it is far superior to the 849K home.

[recordsclerk]

There was a similar bank owned home listed for 849K and must have just gone pending since I don’t see it listed anymore. Someone with MLS access might be able to get the address and date it went pending. The 849K house was listed for a long time at that price, so I don’t see this 800K property going for much more then 850K unless it is far superior to the 849K home.

[NotCranky]

Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!

CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.

The 849k house that records clerk mentioned went into escrow 4/7/08.

[NotCranky]

Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!

CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.

The 849k house that records clerk mentioned went into escrow 4/7/08.

[NotCranky]

Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!

CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.

The 849k house that records clerk mentioned went into escrow 4/7/08.

[NotCranky]

Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!

CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.

The 849k house that records clerk mentioned went into escrow 4/7/08.

[NotCranky]

Well, active to pending in 92127 is 101/44 for houses under a million and 154/20 for houses over a million and 5 of those have been in escrow since 2007 and one says it has been there since 2006. I had posted on the Mira Mesa thread that we might see some traffic, but also correspondingly high failed escrows when the spring shakes out. We will see but this doesn’t look good, or bad, depending on your perspective. If I got it right that’s a CRACK. If I were a “must sell” I’d drop price too. This kind of pricing could have another effect…cause people to cancel more escrows. What if they check into piggington’s today? Instant “buyer’s remorse”.I am surprised this site doesn’t get hacked!

CV on the other hand is 59/33 for houses under a million and that is indeed “on fire” for houses over a million it is 116-20.One in escrow since 2007. This is all detached.

The 849k house that records clerk mentioned went into escrow 4/7/08.

[Coronita]

News flash. $1million +-200k home isn't considered "high end", unless you're talking about $1million in say Texas

 

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

—– Sour grapes for everyone!

[Coronita]

News flash. $1million +-200k home isn't considered "high end", unless you're talking about $1million in say Texas

 

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

—– Sour grapes for everyone!

[Coronita]

News flash. $1million +-200k home isn't considered "high end", unless you're talking about $1million in say Texas

 

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

—– Sour grapes for everyone!

[Coronita]

News flash. $1million +-200k home isn't considered "high end", unless you're talking about $1million in say Texas

 

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

—– Sour grapes for everyone!

[Author]

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