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August 4, 2007 at 10:41 AM #9706August 4, 2007 at 11:36 AM #70237ArrayaParticipant
These are some of the areas that I monitor as well. A few indicators that I watch are # of sfrs under 400K in 92104 and # under 500K in 92103. Both of which have skyrocketed in the past 3 months.
Also, the condos in 92103 inventory is thru the roof. There is probably 70 or so new units just sitting empty and another 187 coming by september over at Atlas. The condo situation is beginning to resemble downtown’s. Looks to be 15+ months supply and rising if they actually listed everything availble.
It’s definately coming…
August 4, 2007 at 11:36 AM #70314ArrayaParticipantThese are some of the areas that I monitor as well. A few indicators that I watch are # of sfrs under 400K in 92104 and # under 500K in 92103. Both of which have skyrocketed in the past 3 months.
Also, the condos in 92103 inventory is thru the roof. There is probably 70 or so new units just sitting empty and another 187 coming by september over at Atlas. The condo situation is beginning to resemble downtown’s. Looks to be 15+ months supply and rising if they actually listed everything availble.
It’s definately coming…
August 4, 2007 at 12:51 PM #70261temeculaguyParticipantAtlas is a D.R. Horton property, they are going to slash prices if it doesn’t sell at the pace they wan’t it to, look for that to have a big impact, they have slashed prices in other counties as much as 20% in a week during the past few months.
August 4, 2007 at 12:51 PM #70338temeculaguyParticipantAtlas is a D.R. Horton property, they are going to slash prices if it doesn’t sell at the pace they wan’t it to, look for that to have a big impact, they have slashed prices in other counties as much as 20% in a week during the past few months.
August 4, 2007 at 1:57 PM #70272ArrayaParticipantThe few that they locked in over the past few months all want out. I’m sure it will kill the condo market being that it will be a 1/4 of it…
August 4, 2007 at 1:57 PM #70348ArrayaParticipantThe few that they locked in over the past few months all want out. I’m sure it will kill the condo market being that it will be a 1/4 of it…
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