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waiting for bottom.
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April 23, 2009 at 10:03 AM #386655April 23, 2009 at 10:03 AM #386793
sdrealtor
ParticipantYou will get lots of opinions but very nice townhomes of good size are now under 300 and even some close to the mid 200’s. That would seem to be just about as low as they could go. Perhaps there is some downside left but there doesnt seem like there could be alot left.
April 23, 2009 at 1:53 PM #386245propertysearchaddiction
ParticipantWe moved to SEH from La Jolla 9 months ago and love it. I was apprehensive due to all of the negative comments. We decided to rent thanks to all of the great bloggers out there. The schools are amazing, people are friendly, sunsets are gorgeous, and you still get a nice ocean breeze without May Grey or June Gloom.
I disagree with sdrealtor that SEH has bottomed out.
First drive around and look at the yards or go on realtytrac.com to see all of the NOT’s/NOD’s. Not to mention I meet someone just about everyday that is going to have to default or already has. They are hanging out at the pool or packing up the Uhaul.
Back in the day OCrenter had a govt. map that displayed by zipcode where the largest concentration of Alt A/Subprime/Option arm loans existed and SEH was one of the top in the county if not country. It was a dark shade of red. I think SEH has 6-12 months if not more before you will see a bottom. At the rate this place is dropping…that can mean $50,000-$100,000 in a condo.April 23, 2009 at 1:53 PM #386509propertysearchaddiction
ParticipantWe moved to SEH from La Jolla 9 months ago and love it. I was apprehensive due to all of the negative comments. We decided to rent thanks to all of the great bloggers out there. The schools are amazing, people are friendly, sunsets are gorgeous, and you still get a nice ocean breeze without May Grey or June Gloom.
I disagree with sdrealtor that SEH has bottomed out.
First drive around and look at the yards or go on realtytrac.com to see all of the NOT’s/NOD’s. Not to mention I meet someone just about everyday that is going to have to default or already has. They are hanging out at the pool or packing up the Uhaul.
Back in the day OCrenter had a govt. map that displayed by zipcode where the largest concentration of Alt A/Subprime/Option arm loans existed and SEH was one of the top in the county if not country. It was a dark shade of red. I think SEH has 6-12 months if not more before you will see a bottom. At the rate this place is dropping…that can mean $50,000-$100,000 in a condo.April 23, 2009 at 1:53 PM #386706propertysearchaddiction
ParticipantWe moved to SEH from La Jolla 9 months ago and love it. I was apprehensive due to all of the negative comments. We decided to rent thanks to all of the great bloggers out there. The schools are amazing, people are friendly, sunsets are gorgeous, and you still get a nice ocean breeze without May Grey or June Gloom.
I disagree with sdrealtor that SEH has bottomed out.
First drive around and look at the yards or go on realtytrac.com to see all of the NOT’s/NOD’s. Not to mention I meet someone just about everyday that is going to have to default or already has. They are hanging out at the pool or packing up the Uhaul.
Back in the day OCrenter had a govt. map that displayed by zipcode where the largest concentration of Alt A/Subprime/Option arm loans existed and SEH was one of the top in the county if not country. It was a dark shade of red. I think SEH has 6-12 months if not more before you will see a bottom. At the rate this place is dropping…that can mean $50,000-$100,000 in a condo.April 23, 2009 at 1:53 PM #386756propertysearchaddiction
ParticipantWe moved to SEH from La Jolla 9 months ago and love it. I was apprehensive due to all of the negative comments. We decided to rent thanks to all of the great bloggers out there. The schools are amazing, people are friendly, sunsets are gorgeous, and you still get a nice ocean breeze without May Grey or June Gloom.
I disagree with sdrealtor that SEH has bottomed out.
First drive around and look at the yards or go on realtytrac.com to see all of the NOT’s/NOD’s. Not to mention I meet someone just about everyday that is going to have to default or already has. They are hanging out at the pool or packing up the Uhaul.
Back in the day OCrenter had a govt. map that displayed by zipcode where the largest concentration of Alt A/Subprime/Option arm loans existed and SEH was one of the top in the county if not country. It was a dark shade of red. I think SEH has 6-12 months if not more before you will see a bottom. At the rate this place is dropping…that can mean $50,000-$100,000 in a condo.April 23, 2009 at 1:53 PM #386890propertysearchaddiction
ParticipantWe moved to SEH from La Jolla 9 months ago and love it. I was apprehensive due to all of the negative comments. We decided to rent thanks to all of the great bloggers out there. The schools are amazing, people are friendly, sunsets are gorgeous, and you still get a nice ocean breeze without May Grey or June Gloom.
I disagree with sdrealtor that SEH has bottomed out.
First drive around and look at the yards or go on realtytrac.com to see all of the NOT’s/NOD’s. Not to mention I meet someone just about everyday that is going to have to default or already has. They are hanging out at the pool or packing up the Uhaul.
Back in the day OCrenter had a govt. map that displayed by zipcode where the largest concentration of Alt A/Subprime/Option arm loans existed and SEH was one of the top in the county if not country. It was a dark shade of red. I think SEH has 6-12 months if not more before you will see a bottom. At the rate this place is dropping…that can mean $50,000-$100,000 in a condo.April 23, 2009 at 2:09 PM #386255sdrealtor
ParticipantI did not say SEH bottomed out. I said good sized condos (approx 1400+ sq ft) in SEH now selling in the mid to upper 200’s are close to a bottom.
example: there is a 3BR/3.5BA 1603 sq ft short sale pending with an asking price of 269K. How much lower does that go?
April 23, 2009 at 2:09 PM #386519sdrealtor
ParticipantI did not say SEH bottomed out. I said good sized condos (approx 1400+ sq ft) in SEH now selling in the mid to upper 200’s are close to a bottom.
example: there is a 3BR/3.5BA 1603 sq ft short sale pending with an asking price of 269K. How much lower does that go?
April 23, 2009 at 2:09 PM #386716sdrealtor
ParticipantI did not say SEH bottomed out. I said good sized condos (approx 1400+ sq ft) in SEH now selling in the mid to upper 200’s are close to a bottom.
example: there is a 3BR/3.5BA 1603 sq ft short sale pending with an asking price of 269K. How much lower does that go?
April 23, 2009 at 2:09 PM #386765sdrealtor
ParticipantI did not say SEH bottomed out. I said good sized condos (approx 1400+ sq ft) in SEH now selling in the mid to upper 200’s are close to a bottom.
example: there is a 3BR/3.5BA 1603 sq ft short sale pending with an asking price of 269K. How much lower does that go?
April 23, 2009 at 2:09 PM #386900sdrealtor
ParticipantI did not say SEH bottomed out. I said good sized condos (approx 1400+ sq ft) in SEH now selling in the mid to upper 200’s are close to a bottom.
example: there is a 3BR/3.5BA 1603 sq ft short sale pending with an asking price of 269K. How much lower does that go?
April 23, 2009 at 2:31 PM #386265Anonymous
GuestSo, it sounds like I’ve got some time to keep looking, which is good. π
What about the mello roos and/or HOA there? Does anyone know what I might expect to pay if I bought…say that 269k condo (which I think is one of the ones I was looking at)? Are we talking $200+ monthly on top of the mortgage payments? Less? More?April 23, 2009 at 2:31 PM #386529Anonymous
GuestSo, it sounds like I’ve got some time to keep looking, which is good. π
What about the mello roos and/or HOA there? Does anyone know what I might expect to pay if I bought…say that 269k condo (which I think is one of the ones I was looking at)? Are we talking $200+ monthly on top of the mortgage payments? Less? More?April 23, 2009 at 2:31 PM #386726Anonymous
GuestSo, it sounds like I’ve got some time to keep looking, which is good. π
What about the mello roos and/or HOA there? Does anyone know what I might expect to pay if I bought…say that 269k condo (which I think is one of the ones I was looking at)? Are we talking $200+ monthly on top of the mortgage payments? Less? More? -
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