Home › Forums › Closed Forums › Buying and Selling RE › I’m officially a knifecatcher
- This topic has 615 replies, 33 voices, and was last updated 13 years, 5 months ago by CA renter.
-
AuthorPosts
-
February 19, 2011 at 2:10 PM #669578February 19, 2011 at 2:17 PM #668432jpinpbParticipant
Did you just read the one post about the couple I know who bought units in Hillcrest, but RENT in La Jolla b/c they think that’s the best school district. They would rather RENT than send their kids anywhere else — and they can afford to buy in your hood. They won’t do it.
You only see what you want to see in your neighborhood. If you were living somewhere else, you would focus on what you see in those areas.
And as I said, difficult to predict what will happen in the future, since the government is doing everything possible to keep prices up. Originally the thought among many was we would see 2000/2001 pricing. The place I got was 35% off peak, which I think is about 2003 pricing. I’m not sure we’re at bottom, so there is potential it can reduce some more. Whether it drops below 2000 levels, that would be drastic. I hope not. As I say, very precarious economy.
I just posted a property on the Mission Hills thread. It sold for 39% off 2007 price. A year or two ago, people were laughing at the thought of those reductions in 92103. I don’t think the high end is bottom yet. 92103, 92106 is starting to feel the pain that other parts of San Diego were seeing two years ago. It is every so slowly creeping into ZIP codes that were once immune
February 19, 2011 at 2:17 PM #668494jpinpbParticipantDid you just read the one post about the couple I know who bought units in Hillcrest, but RENT in La Jolla b/c they think that’s the best school district. They would rather RENT than send their kids anywhere else — and they can afford to buy in your hood. They won’t do it.
You only see what you want to see in your neighborhood. If you were living somewhere else, you would focus on what you see in those areas.
And as I said, difficult to predict what will happen in the future, since the government is doing everything possible to keep prices up. Originally the thought among many was we would see 2000/2001 pricing. The place I got was 35% off peak, which I think is about 2003 pricing. I’m not sure we’re at bottom, so there is potential it can reduce some more. Whether it drops below 2000 levels, that would be drastic. I hope not. As I say, very precarious economy.
I just posted a property on the Mission Hills thread. It sold for 39% off 2007 price. A year or two ago, people were laughing at the thought of those reductions in 92103. I don’t think the high end is bottom yet. 92103, 92106 is starting to feel the pain that other parts of San Diego were seeing two years ago. It is every so slowly creeping into ZIP codes that were once immune
February 19, 2011 at 2:17 PM #669101jpinpbParticipantDid you just read the one post about the couple I know who bought units in Hillcrest, but RENT in La Jolla b/c they think that’s the best school district. They would rather RENT than send their kids anywhere else — and they can afford to buy in your hood. They won’t do it.
You only see what you want to see in your neighborhood. If you were living somewhere else, you would focus on what you see in those areas.
And as I said, difficult to predict what will happen in the future, since the government is doing everything possible to keep prices up. Originally the thought among many was we would see 2000/2001 pricing. The place I got was 35% off peak, which I think is about 2003 pricing. I’m not sure we’re at bottom, so there is potential it can reduce some more. Whether it drops below 2000 levels, that would be drastic. I hope not. As I say, very precarious economy.
I just posted a property on the Mission Hills thread. It sold for 39% off 2007 price. A year or two ago, people were laughing at the thought of those reductions in 92103. I don’t think the high end is bottom yet. 92103, 92106 is starting to feel the pain that other parts of San Diego were seeing two years ago. It is every so slowly creeping into ZIP codes that were once immune
February 19, 2011 at 2:17 PM #669240jpinpbParticipantDid you just read the one post about the couple I know who bought units in Hillcrest, but RENT in La Jolla b/c they think that’s the best school district. They would rather RENT than send their kids anywhere else — and they can afford to buy in your hood. They won’t do it.
You only see what you want to see in your neighborhood. If you were living somewhere else, you would focus on what you see in those areas.
And as I said, difficult to predict what will happen in the future, since the government is doing everything possible to keep prices up. Originally the thought among many was we would see 2000/2001 pricing. The place I got was 35% off peak, which I think is about 2003 pricing. I’m not sure we’re at bottom, so there is potential it can reduce some more. Whether it drops below 2000 levels, that would be drastic. I hope not. As I say, very precarious economy.
I just posted a property on the Mission Hills thread. It sold for 39% off 2007 price. A year or two ago, people were laughing at the thought of those reductions in 92103. I don’t think the high end is bottom yet. 92103, 92106 is starting to feel the pain that other parts of San Diego were seeing two years ago. It is every so slowly creeping into ZIP codes that were once immune
February 19, 2011 at 2:17 PM #669583jpinpbParticipantDid you just read the one post about the couple I know who bought units in Hillcrest, but RENT in La Jolla b/c they think that’s the best school district. They would rather RENT than send their kids anywhere else — and they can afford to buy in your hood. They won’t do it.
You only see what you want to see in your neighborhood. If you were living somewhere else, you would focus on what you see in those areas.
And as I said, difficult to predict what will happen in the future, since the government is doing everything possible to keep prices up. Originally the thought among many was we would see 2000/2001 pricing. The place I got was 35% off peak, which I think is about 2003 pricing. I’m not sure we’re at bottom, so there is potential it can reduce some more. Whether it drops below 2000 levels, that would be drastic. I hope not. As I say, very precarious economy.
I just posted a property on the Mission Hills thread. It sold for 39% off 2007 price. A year or two ago, people were laughing at the thought of those reductions in 92103. I don’t think the high end is bottom yet. 92103, 92106 is starting to feel the pain that other parts of San Diego were seeing two years ago. It is every so slowly creeping into ZIP codes that were once immune
February 19, 2011 at 4:35 PM #668447sdrealtorParticipantjp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.
February 19, 2011 at 4:35 PM #668509sdrealtorParticipantjp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.
February 19, 2011 at 4:35 PM #669116sdrealtorParticipantjp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.
February 19, 2011 at 4:35 PM #669255sdrealtorParticipantjp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.
February 19, 2011 at 4:35 PM #669598sdrealtorParticipantjp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.
February 19, 2011 at 4:50 PM #668452sdrealtorParticipantbg
Market times vary due to time of year, floorplan, lot location etc. In general, if you take a good floorplan, in a good location with a decent lot and price it at the comps it will sell in under 30 days and usually much quicker.If you let me know you will keep it private, I would be happy to PM the community to you.
I just went back and looked at the 30 sales from last year that I considered good floorplan, location and decent lot. The average market time last year was 21 days and some of these were intially overpriced. If you remove the days that several of them sat initially overpriced and just look at the market time between the last reduction and sale, the average market time would be well under 14 days.
February 19, 2011 at 4:50 PM #668514sdrealtorParticipantbg
Market times vary due to time of year, floorplan, lot location etc. In general, if you take a good floorplan, in a good location with a decent lot and price it at the comps it will sell in under 30 days and usually much quicker.If you let me know you will keep it private, I would be happy to PM the community to you.
I just went back and looked at the 30 sales from last year that I considered good floorplan, location and decent lot. The average market time last year was 21 days and some of these were intially overpriced. If you remove the days that several of them sat initially overpriced and just look at the market time between the last reduction and sale, the average market time would be well under 14 days.
February 19, 2011 at 4:50 PM #669121sdrealtorParticipantbg
Market times vary due to time of year, floorplan, lot location etc. In general, if you take a good floorplan, in a good location with a decent lot and price it at the comps it will sell in under 30 days and usually much quicker.If you let me know you will keep it private, I would be happy to PM the community to you.
I just went back and looked at the 30 sales from last year that I considered good floorplan, location and decent lot. The average market time last year was 21 days and some of these were intially overpriced. If you remove the days that several of them sat initially overpriced and just look at the market time between the last reduction and sale, the average market time would be well under 14 days.
February 19, 2011 at 4:50 PM #669260sdrealtorParticipantbg
Market times vary due to time of year, floorplan, lot location etc. In general, if you take a good floorplan, in a good location with a decent lot and price it at the comps it will sell in under 30 days and usually much quicker.If you let me know you will keep it private, I would be happy to PM the community to you.
I just went back and looked at the 30 sales from last year that I considered good floorplan, location and decent lot. The average market time last year was 21 days and some of these were intially overpriced. If you remove the days that several of them sat initially overpriced and just look at the market time between the last reduction and sale, the average market time would be well under 14 days.
-
AuthorPosts
- The forum ‘Buying and Selling RE’ is closed to new topics and replies.