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  • February 19, 2011 at 1:31 PM #669558
    sdrealtor
    Participant

    jp
    There is nothing you said that is wrong or that I ever disagreed with. Yes I think where i live is best and I understand that not everyone feels that way. I also specifically stated it is one of the best for young professional families raising young children not retirees or single professionals. With that said, I know where I live is beleived by many to be one of the best communities because of what I have seen occur here. I have seen several families move up to nicer homes within the neighborhood, I have seen dozens of families move here from less than a mile or two away, I have seen people’s careers skyrocket to the point where they are now making a couple million per year and could afford to move anywhere else but choose to stay here, I have seen more than ten families move away from this community (to other parts of SD, the US and internationally) only to move back into this neighborhood within a couple years. That is my evidence.

    The one thing I have never stated is that my neighborhood is immune to declines in the past or in the future. I did say it will fare better than most others which it has and will continue to. IN fact, when I started on Piggington my prediction for my community was 30% off peak. It got to somewhere between 15 to 20% off peak and while I still beleive 30% off is possible it looks extremely unlikely at this point. Lastly my infamous bet with CAR was that it would not reach 45%+ drops by the end of 2012 and I would take that bet a thousand times today as it is a certainty I will win that one. My house would have to drop close to the price of the one you just bought which would put yours under $200K. Think that is possible?

    February 19, 2011 at 1:37 PM #668412
    jpinpb
    Participant

    sdr – you are surrounding yourself in a neighborhood of people who want to be exactly there. Once people have kids, people are very reluctant to move. It takes some real impetus to get people to move if they have kids. And if you’re in a good school district, they will not move period. If you lived in LJ or Hillcrest or name some other city, you will find that people want to be there, moved from somewhere else to be there, etc. You are not proving anything by what you said.

    Can’t predict the future. I think if things go bad, there is the potential for my place to drop to 250k-300k. Not sure if it’ll go to 200k. If it fell to 200k that would be below 1999 levels.

    February 19, 2011 at 1:37 PM #668474
    jpinpb
    Participant

    sdr – you are surrounding yourself in a neighborhood of people who want to be exactly there. Once people have kids, people are very reluctant to move. It takes some real impetus to get people to move if they have kids. And if you’re in a good school district, they will not move period. If you lived in LJ or Hillcrest or name some other city, you will find that people want to be there, moved from somewhere else to be there, etc. You are not proving anything by what you said.

    Can’t predict the future. I think if things go bad, there is the potential for my place to drop to 250k-300k. Not sure if it’ll go to 200k. If it fell to 200k that would be below 1999 levels.

    February 19, 2011 at 1:37 PM #669081
    jpinpb
    Participant

    sdr – you are surrounding yourself in a neighborhood of people who want to be exactly there. Once people have kids, people are very reluctant to move. It takes some real impetus to get people to move if they have kids. And if you’re in a good school district, they will not move period. If you lived in LJ or Hillcrest or name some other city, you will find that people want to be there, moved from somewhere else to be there, etc. You are not proving anything by what you said.

    Can’t predict the future. I think if things go bad, there is the potential for my place to drop to 250k-300k. Not sure if it’ll go to 200k. If it fell to 200k that would be below 1999 levels.

    February 19, 2011 at 1:37 PM #669220
    jpinpb
    Participant

    sdr – you are surrounding yourself in a neighborhood of people who want to be exactly there. Once people have kids, people are very reluctant to move. It takes some real impetus to get people to move if they have kids. And if you’re in a good school district, they will not move period. If you lived in LJ or Hillcrest or name some other city, you will find that people want to be there, moved from somewhere else to be there, etc. You are not proving anything by what you said.

    Can’t predict the future. I think if things go bad, there is the potential for my place to drop to 250k-300k. Not sure if it’ll go to 200k. If it fell to 200k that would be below 1999 levels.

    February 19, 2011 at 1:37 PM #669563
    jpinpb
    Participant

    sdr – you are surrounding yourself in a neighborhood of people who want to be exactly there. Once people have kids, people are very reluctant to move. It takes some real impetus to get people to move if they have kids. And if you’re in a good school district, they will not move period. If you lived in LJ or Hillcrest or name some other city, you will find that people want to be there, moved from somewhere else to be there, etc. You are not proving anything by what you said.

    Can’t predict the future. I think if things go bad, there is the potential for my place to drop to 250k-300k. Not sure if it’ll go to 200k. If it fell to 200k that would be below 1999 levels.

    February 19, 2011 at 1:48 PM #668417
    sdrealtor
    Participant

    jp
    More support: People with kids move from less than a mile away to get into my hood all the time. They move from within the school district to do so. There is a reverse prospecting system (the ones that realtors sign their clients up to receive automatic emails on). When you list a property you can see how many emails go out within 24 hours which shows you how many are watching it. In my hood about 800 go out!!! For everyone who is here there are hundreds of others waiting for the right house to get in here.

    I dont have to prove anything to you because I see it every day. The last 5 high sales in my community were to families that moved up in the neighborhood. Familes that stayed in a so called cookie tract neighborhood when they could afford LJ, DM or RSF. I saw another family spend over $500K a couple years ago dramatically overimproving their house (they know it and can afford it) instead of m,oving to Olivenhain or RSF. Its just a unique situation here. It is what it is.

    BTW I said yours would have to drop BELOW 200K not to 200K in less than 2 years. Obviously you dont think that is possible. Mine would have to get back to roughly 1998 levels for CAR to win and it wasnt even built then LOL.

    February 19, 2011 at 1:48 PM #668479
    sdrealtor
    Participant

    jp
    More support: People with kids move from less than a mile away to get into my hood all the time. They move from within the school district to do so. There is a reverse prospecting system (the ones that realtors sign their clients up to receive automatic emails on). When you list a property you can see how many emails go out within 24 hours which shows you how many are watching it. In my hood about 800 go out!!! For everyone who is here there are hundreds of others waiting for the right house to get in here.

    I dont have to prove anything to you because I see it every day. The last 5 high sales in my community were to families that moved up in the neighborhood. Familes that stayed in a so called cookie tract neighborhood when they could afford LJ, DM or RSF. I saw another family spend over $500K a couple years ago dramatically overimproving their house (they know it and can afford it) instead of m,oving to Olivenhain or RSF. Its just a unique situation here. It is what it is.

    BTW I said yours would have to drop BELOW 200K not to 200K in less than 2 years. Obviously you dont think that is possible. Mine would have to get back to roughly 1998 levels for CAR to win and it wasnt even built then LOL.

    February 19, 2011 at 1:48 PM #669086
    sdrealtor
    Participant

    jp
    More support: People with kids move from less than a mile away to get into my hood all the time. They move from within the school district to do so. There is a reverse prospecting system (the ones that realtors sign their clients up to receive automatic emails on). When you list a property you can see how many emails go out within 24 hours which shows you how many are watching it. In my hood about 800 go out!!! For everyone who is here there are hundreds of others waiting for the right house to get in here.

    I dont have to prove anything to you because I see it every day. The last 5 high sales in my community were to families that moved up in the neighborhood. Familes that stayed in a so called cookie tract neighborhood when they could afford LJ, DM or RSF. I saw another family spend over $500K a couple years ago dramatically overimproving their house (they know it and can afford it) instead of m,oving to Olivenhain or RSF. Its just a unique situation here. It is what it is.

    BTW I said yours would have to drop BELOW 200K not to 200K in less than 2 years. Obviously you dont think that is possible. Mine would have to get back to roughly 1998 levels for CAR to win and it wasnt even built then LOL.

    February 19, 2011 at 1:48 PM #669225
    sdrealtor
    Participant

    jp
    More support: People with kids move from less than a mile away to get into my hood all the time. They move from within the school district to do so. There is a reverse prospecting system (the ones that realtors sign their clients up to receive automatic emails on). When you list a property you can see how many emails go out within 24 hours which shows you how many are watching it. In my hood about 800 go out!!! For everyone who is here there are hundreds of others waiting for the right house to get in here.

    I dont have to prove anything to you because I see it every day. The last 5 high sales in my community were to families that moved up in the neighborhood. Familes that stayed in a so called cookie tract neighborhood when they could afford LJ, DM or RSF. I saw another family spend over $500K a couple years ago dramatically overimproving their house (they know it and can afford it) instead of m,oving to Olivenhain or RSF. Its just a unique situation here. It is what it is.

    BTW I said yours would have to drop BELOW 200K not to 200K in less than 2 years. Obviously you dont think that is possible. Mine would have to get back to roughly 1998 levels for CAR to win and it wasnt even built then LOL.

    February 19, 2011 at 1:48 PM #669568
    sdrealtor
    Participant

    jp
    More support: People with kids move from less than a mile away to get into my hood all the time. They move from within the school district to do so. There is a reverse prospecting system (the ones that realtors sign their clients up to receive automatic emails on). When you list a property you can see how many emails go out within 24 hours which shows you how many are watching it. In my hood about 800 go out!!! For everyone who is here there are hundreds of others waiting for the right house to get in here.

    I dont have to prove anything to you because I see it every day. The last 5 high sales in my community were to families that moved up in the neighborhood. Familes that stayed in a so called cookie tract neighborhood when they could afford LJ, DM or RSF. I saw another family spend over $500K a couple years ago dramatically overimproving their house (they know it and can afford it) instead of m,oving to Olivenhain or RSF. Its just a unique situation here. It is what it is.

    BTW I said yours would have to drop BELOW 200K not to 200K in less than 2 years. Obviously you dont think that is possible. Mine would have to get back to roughly 1998 levels for CAR to win and it wasnt even built then LOL.

    February 19, 2011 at 2:10 PM #668427
    bearishgurl
    Participant

    sdr, what is the average market time for an SFR in your “farm area” and what thoroughfares is it bounded by? Just curious where this “special” hood in Nirvana lies.

    If you don’t want to answer the second question due to privacy issues, I won’t be offended.

    February 19, 2011 at 2:10 PM #668489
    bearishgurl
    Participant

    sdr, what is the average market time for an SFR in your “farm area” and what thoroughfares is it bounded by? Just curious where this “special” hood in Nirvana lies.

    If you don’t want to answer the second question due to privacy issues, I won’t be offended.

    February 19, 2011 at 2:10 PM #669096
    bearishgurl
    Participant

    sdr, what is the average market time for an SFR in your “farm area” and what thoroughfares is it bounded by? Just curious where this “special” hood in Nirvana lies.

    If you don’t want to answer the second question due to privacy issues, I won’t be offended.

    February 19, 2011 at 2:10 PM #669235
    bearishgurl
    Participant

    sdr, what is the average market time for an SFR in your “farm area” and what thoroughfares is it bounded by? Just curious where this “special” hood in Nirvana lies.

    If you don’t want to answer the second question due to privacy issues, I won’t be offended.

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