I find it interesting!!

[sdrealtor]

socratt,
I will go out on a limb and say its impossible. Though I dont think its a thin limb. If my house goes to 100/ sq ft, then starter homes in Mira Mesa would have to be free. Same goes for Clairemont and PQ. Dont think thats gonna happen.

Seriously, it would mean that my house was going for about 70 times rent. Owning my 5BR house would be cheaper than renting a 2BR apartment in UTC. Get real.

[socrattt]

sdr, I am not necessarily it will happen but the likelihood of some areas in Carlsbad hitting $100/sqft are possible, wouldn’t you agree? I don’t know where you live in Carlsbad and I am renting on the coast and I find it hard to believe this place will see under $200/sqft. My point is merely that prices still have a lot of wiggle room with the current unemployment numbers and where they are headed. No need to get defensive, I just think some areas are still over inflated like certain parts of Carlsbad, i.e. Bressi and La Costa Greens along with SEH and 4S.

[socrattt]

sdr, I am not necessarily it will happen but the likelihood of some areas in Carlsbad hitting $100/sqft are possible, wouldn’t you agree? I don’t know where you live in Carlsbad and I am renting on the coast and I find it hard to believe this place will see under $200/sqft. My point is merely that prices still have a lot of wiggle room with the current unemployment numbers and where they are headed. No need to get defensive, I just think some areas are still over inflated like certain parts of Carlsbad, i.e. Bressi and La Costa Greens along with SEH and 4S.

[socrattt]

sdr, I am not necessarily it will happen but the likelihood of some areas in Carlsbad hitting $100/sqft are possible, wouldn’t you agree? I don’t know where you live in Carlsbad and I am renting on the coast and I find it hard to believe this place will see under $200/sqft. My point is merely that prices still have a lot of wiggle room with the current unemployment numbers and where they are headed. No need to get defensive, I just think some areas are still over inflated like certain parts of Carlsbad, i.e. Bressi and La Costa Greens along with SEH and 4S.

[socrattt]

sdr, I am not necessarily it will happen but the likelihood of some areas in Carlsbad hitting $100/sqft are possible, wouldn’t you agree? I don’t know where you live in Carlsbad and I am renting on the coast and I find it hard to believe this place will see under $200/sqft. My point is merely that prices still have a lot of wiggle room with the current unemployment numbers and where they are headed. No need to get defensive, I just think some areas are still over inflated like certain parts of Carlsbad, i.e. Bressi and La Costa Greens along with SEH and 4S.

[socrattt]

sdr, I am not necessarily it will happen but the likelihood of some areas in Carlsbad hitting $100/sqft are possible, wouldn’t you agree? I don’t know where you live in Carlsbad and I am renting on the coast and I find it hard to believe this place will see under $200/sqft. My point is merely that prices still have a lot of wiggle room with the current unemployment numbers and where they are headed. No need to get defensive, I just think some areas are still over inflated like certain parts of Carlsbad, i.e. Bressi and La Costa Greens along with SEH and 4S.

[sdrealtor]

I agree prices are still inflated but I see NOWHERE in Carlsbad hitting under $100/sq ft. The value of the land my house sits on was over $100/sf in 1999. Cmon do you really beleive you will see a 4,000 sq ft home in LC Greens (not where I live) for under $400K. How about a 1500 sq ft Rancho Ponderosa starter home for under $150K? How about 3,000 sf in Calaver under $300K. Lets go really big and try to find a 5,000 sq ft Pulte home in La Costa Oaks under $500K.

Same goes for SEH’s and Bressi. I just dont see that as a possibility. Everything is connected and if these homes are under $100/sq ft do you think you’ll see O’side under $70/ sq ft? How about 2,000 sq ft in Rancho Del Oro under $140K?

I willing to look at the uberbear final resting place as much as anyone but these numbers are just plain silly.

[sdrealtor]

I agree prices are still inflated but I see NOWHERE in Carlsbad hitting under $100/sq ft. The value of the land my house sits on was over $100/sf in 1999. Cmon do you really beleive you will see a 4,000 sq ft home in LC Greens (not where I live) for under $400K. How about a 1500 sq ft Rancho Ponderosa starter home for under $150K? How about 3,000 sf in Calaver under $300K. Lets go really big and try to find a 5,000 sq ft Pulte home in La Costa Oaks under $500K.

Same goes for SEH’s and Bressi. I just dont see that as a possibility. Everything is connected and if these homes are under $100/sq ft do you think you’ll see O’side under $70/ sq ft? How about 2,000 sq ft in Rancho Del Oro under $140K?

I willing to look at the uberbear final resting place as much as anyone but these numbers are just plain silly.

[sdrealtor]

I agree prices are still inflated but I see NOWHERE in Carlsbad hitting under $100/sq ft. The value of the land my house sits on was over $100/sf in 1999. Cmon do you really beleive you will see a 4,000 sq ft home in LC Greens (not where I live) for under $400K. How about a 1500 sq ft Rancho Ponderosa starter home for under $150K? How about 3,000 sf in Calaver under $300K. Lets go really big and try to find a 5,000 sq ft Pulte home in La Costa Oaks under $500K.

Same goes for SEH’s and Bressi. I just dont see that as a possibility. Everything is connected and if these homes are under $100/sq ft do you think you’ll see O’side under $70/ sq ft? How about 2,000 sq ft in Rancho Del Oro under $140K?

I willing to look at the uberbear final resting place as much as anyone but these numbers are just plain silly.

[sdrealtor]

I agree prices are still inflated but I see NOWHERE in Carlsbad hitting under $100/sq ft. The value of the land my house sits on was over $100/sf in 1999. Cmon do you really beleive you will see a 4,000 sq ft home in LC Greens (not where I live) for under $400K. How about a 1500 sq ft Rancho Ponderosa starter home for under $150K? How about 3,000 sf in Calaver under $300K. Lets go really big and try to find a 5,000 sq ft Pulte home in La Costa Oaks under $500K.

Same goes for SEH’s and Bressi. I just dont see that as a possibility. Everything is connected and if these homes are under $100/sq ft do you think you’ll see O’side under $70/ sq ft? How about 2,000 sq ft in Rancho Del Oro under $140K?

I willing to look at the uberbear final resting place as much as anyone but these numbers are just plain silly.

[sdrealtor]

I agree prices are still inflated but I see NOWHERE in Carlsbad hitting under $100/sq ft. The value of the land my house sits on was over $100/sf in 1999. Cmon do you really beleive you will see a 4,000 sq ft home in LC Greens (not where I live) for under $400K. How about a 1500 sq ft Rancho Ponderosa starter home for under $150K? How about 3,000 sf in Calaver under $300K. Lets go really big and try to find a 5,000 sq ft Pulte home in La Costa Oaks under $500K.

Same goes for SEH’s and Bressi. I just dont see that as a possibility. Everything is connected and if these homes are under $100/sq ft do you think you’ll see O’side under $70/ sq ft? How about 2,000 sq ft in Rancho Del Oro under $140K?

I willing to look at the uberbear final resting place as much as anyone but these numbers are just plain silly.

[temeculaguy]

I’ll offer a different angle on the Carlsbad $100 a square debate. I paid about $90 a foot for my Temecula palace. I got ten fire insurance quotes and all of them claimed it would cost more than that to rebuild it. So effectively the land has zero value. Building costs can fluctuate but $100 a square is lowball estimate for building costs.

Land and location still has value, it had value in the great depression and it will even in GDII. Even with 25% unemployment, the other 75% would choose to move to nice coastal communities if the prices were the same everywhere, that very fact won;t allow the prices to be the same everywhere, supply and demand still rule the day. WIll coastal N. County go down, ABSOLUTELY!!! Because it hasn;t gone down the same percentage as other areas so it owes the invisible hand about 25%. Will it get to $100 a square with regularity, Hell NO!!!

It will get to 2001 pricing, not 2001 Santee pricing but 2001 pricing for the same house. In 1991 I paid $100 a square in Temecula, when it had two grovery stores and stop signs at the offramps. That was for a small home and sq ft always cost less the larger the home is but to think the fair price for carlsbad is equal to the 1991 Temecula price is absurd. Be prepared to be lucky to get the 2001 price or get a map and pick a new town cause wishing aint gonna do it.

[temeculaguy]

I’ll offer a different angle on the Carlsbad $100 a square debate. I paid about $90 a foot for my Temecula palace. I got ten fire insurance quotes and all of them claimed it would cost more than that to rebuild it. So effectively the land has zero value. Building costs can fluctuate but $100 a square is lowball estimate for building costs.

Land and location still has value, it had value in the great depression and it will even in GDII. Even with 25% unemployment, the other 75% would choose to move to nice coastal communities if the prices were the same everywhere, that very fact won;t allow the prices to be the same everywhere, supply and demand still rule the day. WIll coastal N. County go down, ABSOLUTELY!!! Because it hasn;t gone down the same percentage as other areas so it owes the invisible hand about 25%. Will it get to $100 a square with regularity, Hell NO!!!

It will get to 2001 pricing, not 2001 Santee pricing but 2001 pricing for the same house. In 1991 I paid $100 a square in Temecula, when it had two grovery stores and stop signs at the offramps. That was for a small home and sq ft always cost less the larger the home is but to think the fair price for carlsbad is equal to the 1991 Temecula price is absurd. Be prepared to be lucky to get the 2001 price or get a map and pick a new town cause wishing aint gonna do it.

[temeculaguy]

I’ll offer a different angle on the Carlsbad $100 a square debate. I paid about $90 a foot for my Temecula palace. I got ten fire insurance quotes and all of them claimed it would cost more than that to rebuild it. So effectively the land has zero value. Building costs can fluctuate but $100 a square is lowball estimate for building costs.

Land and location still has value, it had value in the great depression and it will even in GDII. Even with 25% unemployment, the other 75% would choose to move to nice coastal communities if the prices were the same everywhere, that very fact won;t allow the prices to be the same everywhere, supply and demand still rule the day. WIll coastal N. County go down, ABSOLUTELY!!! Because it hasn;t gone down the same percentage as other areas so it owes the invisible hand about 25%. Will it get to $100 a square with regularity, Hell NO!!!

It will get to 2001 pricing, not 2001 Santee pricing but 2001 pricing for the same house. In 1991 I paid $100 a square in Temecula, when it had two grovery stores and stop signs at the offramps. That was for a small home and sq ft always cost less the larger the home is but to think the fair price for carlsbad is equal to the 1991 Temecula price is absurd. Be prepared to be lucky to get the 2001 price or get a map and pick a new town cause wishing aint gonna do it.

[temeculaguy]

I’ll offer a different angle on the Carlsbad $100 a square debate. I paid about $90 a foot for my Temecula palace. I got ten fire insurance quotes and all of them claimed it would cost more than that to rebuild it. So effectively the land has zero value. Building costs can fluctuate but $100 a square is lowball estimate for building costs.

Land and location still has value, it had value in the great depression and it will even in GDII. Even with 25% unemployment, the other 75% would choose to move to nice coastal communities if the prices were the same everywhere, that very fact won;t allow the prices to be the same everywhere, supply and demand still rule the day. WIll coastal N. County go down, ABSOLUTELY!!! Because it hasn;t gone down the same percentage as other areas so it owes the invisible hand about 25%. Will it get to $100 a square with regularity, Hell NO!!!

It will get to 2001 pricing, not 2001 Santee pricing but 2001 pricing for the same house. In 1991 I paid $100 a square in Temecula, when it had two grovery stores and stop signs at the offramps. That was for a small home and sq ft always cost less the larger the home is but to think the fair price for carlsbad is equal to the 1991 Temecula price is absurd. Be prepared to be lucky to get the 2001 price or get a map and pick a new town cause wishing aint gonna do it.

[Author]

Posts