goal of buying in either mission hills or pt loma

[Borat]

Not bad when you consider what everything else coastal
costs these days. A million isn’t what it used to be.

Most of us still aren’t making that kind of money. Has your salary gone up? How are your investments doing? For most of us the answers are “no” and “lousy”. I’m sure that there will be lots of buyers for those $1M houses though — just not anyone I know…

[mixxalot]

Delusions of grandeur

Among the rich is why these home prices are still high. The wealthy can lose money and wait any financial loss out it seems. If they have money to piss away they can bleed loss for a long time.

[mixxalot]

Delusions of grandeur

Among the rich is why these home prices are still high. The wealthy can lose money and wait any financial loss out it seems. If they have money to piss away they can bleed loss for a long time.

[mixxalot]

Delusions of grandeur

Among the rich is why these home prices are still high. The wealthy can lose money and wait any financial loss out it seems. If they have money to piss away they can bleed loss for a long time.

[mixxalot]

Delusions of grandeur

Among the rich is why these home prices are still high. The wealthy can lose money and wait any financial loss out it seems. If they have money to piss away they can bleed loss for a long time.

[mixxalot]

Delusions of grandeur

Among the rich is why these home prices are still high. The wealthy can lose money and wait any financial loss out it seems. If they have money to piss away they can bleed loss for a long time.

[pemeliza]

“Delusions of grandeur”

I don’t think this is the case. I think it is simply
supply and demand. The area is built out (unless we get
another base conversion).

First off, I have nothing to lose or gain by promoting
point loma real estate. I currently live outside San Diego
and will not move back until I see my price which is frankly
a good bit lower than what the market will currently bear.

I like others on this board think that coastal properties
will take a hit and I believe that from what I have observed, properties in PL/OB that I track are already quite
a bit off the peak.

My point was that relative to what you can get in Encinitas,
Del Mar, etc. South PL/OB real estate is fairly valued.
Now if all of the coast drops than I would certainly expect more drops in PL/OB as well.

BTW, there are some properties that are selling in 92106
and 92107 for WELL below list price. We are talking
low ball offers being accepted:

Example 1: 4455 Monaco St sold for 17% under list
Example 2: 873 Loma Valley Pl sold for 33% under list

The Loma valley place was mentioned in a different
thread. The house on Monaco IMHO is a very good location
and it went for under a million.

[pemeliza]

“Delusions of grandeur”

I don’t think this is the case. I think it is simply
supply and demand. The area is built out (unless we get
another base conversion).

First off, I have nothing to lose or gain by promoting
point loma real estate. I currently live outside San Diego
and will not move back until I see my price which is frankly
a good bit lower than what the market will currently bear.

I like others on this board think that coastal properties
will take a hit and I believe that from what I have observed, properties in PL/OB that I track are already quite
a bit off the peak.

My point was that relative to what you can get in Encinitas,
Del Mar, etc. South PL/OB real estate is fairly valued.
Now if all of the coast drops than I would certainly expect more drops in PL/OB as well.

BTW, there are some properties that are selling in 92106
and 92107 for WELL below list price. We are talking
low ball offers being accepted:

Example 1: 4455 Monaco St sold for 17% under list
Example 2: 873 Loma Valley Pl sold for 33% under list

The Loma valley place was mentioned in a different
thread. The house on Monaco IMHO is a very good location
and it went for under a million.

[pemeliza]

“Delusions of grandeur”

I don’t think this is the case. I think it is simply
supply and demand. The area is built out (unless we get
another base conversion).

First off, I have nothing to lose or gain by promoting
point loma real estate. I currently live outside San Diego
and will not move back until I see my price which is frankly
a good bit lower than what the market will currently bear.

I like others on this board think that coastal properties
will take a hit and I believe that from what I have observed, properties in PL/OB that I track are already quite
a bit off the peak.

My point was that relative to what you can get in Encinitas,
Del Mar, etc. South PL/OB real estate is fairly valued.
Now if all of the coast drops than I would certainly expect more drops in PL/OB as well.

BTW, there are some properties that are selling in 92106
and 92107 for WELL below list price. We are talking
low ball offers being accepted:

Example 1: 4455 Monaco St sold for 17% under list
Example 2: 873 Loma Valley Pl sold for 33% under list

The Loma valley place was mentioned in a different
thread. The house on Monaco IMHO is a very good location
and it went for under a million.

[pemeliza]

“Delusions of grandeur”

I don’t think this is the case. I think it is simply
supply and demand. The area is built out (unless we get
another base conversion).

First off, I have nothing to lose or gain by promoting
point loma real estate. I currently live outside San Diego
and will not move back until I see my price which is frankly
a good bit lower than what the market will currently bear.

I like others on this board think that coastal properties
will take a hit and I believe that from what I have observed, properties in PL/OB that I track are already quite
a bit off the peak.

My point was that relative to what you can get in Encinitas,
Del Mar, etc. South PL/OB real estate is fairly valued.
Now if all of the coast drops than I would certainly expect more drops in PL/OB as well.

BTW, there are some properties that are selling in 92106
and 92107 for WELL below list price. We are talking
low ball offers being accepted:

Example 1: 4455 Monaco St sold for 17% under list
Example 2: 873 Loma Valley Pl sold for 33% under list

The Loma valley place was mentioned in a different
thread. The house on Monaco IMHO is a very good location
and it went for under a million.

[pemeliza]

“Delusions of grandeur”

I don’t think this is the case. I think it is simply
supply and demand. The area is built out (unless we get
another base conversion).

First off, I have nothing to lose or gain by promoting
point loma real estate. I currently live outside San Diego
and will not move back until I see my price which is frankly
a good bit lower than what the market will currently bear.

I like others on this board think that coastal properties
will take a hit and I believe that from what I have observed, properties in PL/OB that I track are already quite
a bit off the peak.

My point was that relative to what you can get in Encinitas,
Del Mar, etc. South PL/OB real estate is fairly valued.
Now if all of the coast drops than I would certainly expect more drops in PL/OB as well.

BTW, there are some properties that are selling in 92106
and 92107 for WELL below list price. We are talking
low ball offers being accepted:

Example 1: 4455 Monaco St sold for 17% under list
Example 2: 873 Loma Valley Pl sold for 33% under list

The Loma valley place was mentioned in a different
thread. The house on Monaco IMHO is a very good location
and it went for under a million.

[jimcav]

i actually saw the loma valley house on zillow. I called arealtor who had lsitings in pt loma and was told it had a NOD and was a short sale to cover the note. maybe someone here has more details.

[jimcav]

i actually saw the loma valley house on zillow. I called arealtor who had lsitings in pt loma and was told it had a NOD and was a short sale to cover the note. maybe someone here has more details.

[jimcav]

i actually saw the loma valley house on zillow. I called arealtor who had lsitings in pt loma and was told it had a NOD and was a short sale to cover the note. maybe someone here has more details.

[jimcav]

i actually saw the loma valley house on zillow. I called arealtor who had lsitings in pt loma and was told it had a NOD and was a short sale to cover the note. maybe someone here has more details.

[Author]

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