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  • November 16, 2007 at 5:59 AM #10918
    GunDoctor
    Participant

    Hello all,
    1st time poster. You all have saved me a great deal of money as I have liberally used your charts, graphs and analysis to beat back my house hungry wife, but thats for another post.

    I have been watching the Oceanside area because that is where I want to live..NO kidding. I will be working on base and to move further south would be an inconvience. I have been watching the prices since about September and I don’t know who keeps saying to pass the popcorn but this has to be one of the most entertaining / sickening things I have ever seen. A couple of houses recently caught my attention.

    I am primarily looking for a 2000 SQFT house, newer would be nice. and I found these of note.

    http://www.redfin.com/stingray/do/printable-listing?listing-id=1107307

    This caught my attention because it is a 2800+ house selling under 500K at 489K. There are at least two other houses in the same development…same street even, that are more expensive. 349 LA SOLEDAD WAY is the same type house and is selling for 550K. The other one is 386 LA SOLEDAD WAY it is a 2400 SQFT house selling for 499K. I don’t think that the neighbors are going to be happy but I think that its great….for me!

    The other house of interest is

    http://www.redfin.com/stingray/do/printable-listing?listing-id=1293315

    I thought it interesting because it is a 2002 house over 2000 SQFT and it has just broken the 400K barrier at 399 much to the disappointment of nearby houses selling for about 50k more. Going under 400K has to be a big mental punch in the head for others who are trying to sell….it will be worse if it dose NOT sell. That would indicate that prices will have to go much lower. I am firmly on board that they will.

    I will be moving back to San Diego this summer and have convinced my wife to at least wait until December of 08 before we buy. My real plan is to convince here to wait until Christmas of 09 but that will be another battle.

    Thanks for you time
    Gun

    November 16, 2007 at 6:57 AM #100012
    Ex-SD
    Participant

    You’re smart to wait. Prices are likely to be far south of $150 per foot by the end of 2009 and far lower than that by the end of 2011 in Oceanside. That equates to a bunch of $$$$$$$$$ when it comes to paying a mortgage for over 15-30 years.

    November 16, 2007 at 6:57 AM #100091
    Ex-SD
    Participant

    You’re smart to wait. Prices are likely to be far south of $150 per foot by the end of 2009 and far lower than that by the end of 2011 in Oceanside. That equates to a bunch of $$$$$$$$$ when it comes to paying a mortgage for over 15-30 years.

    November 16, 2007 at 6:57 AM #100108
    Ex-SD
    Participant

    You’re smart to wait. Prices are likely to be far south of $150 per foot by the end of 2009 and far lower than that by the end of 2011 in Oceanside. That equates to a bunch of $$$$$$$$$ when it comes to paying a mortgage for over 15-30 years.

    November 16, 2007 at 6:57 AM #100121
    Ex-SD
    Participant

    You’re smart to wait. Prices are likely to be far south of $150 per foot by the end of 2009 and far lower than that by the end of 2011 in Oceanside. That equates to a bunch of $$$$$$$$$ when it comes to paying a mortgage for over 15-30 years.

    November 16, 2007 at 6:57 AM #100124
    Ex-SD
    Participant

    You’re smart to wait. Prices are likely to be far south of $150 per foot by the end of 2009 and far lower than that by the end of 2011 in Oceanside. That equates to a bunch of $$$$$$$$$ when it comes to paying a mortgage for over 15-30 years.

    November 16, 2007 at 7:13 AM #100017
    Bugs
    Participant

    The 92057 house may be closer to work but I don’t think those neighborhoods will hold their value as well as the Rancho Del Oro neighborhoods in the 92056 area. The older neighborhoods north of North River Road and west of Vandergrift are a hotbed of gang activity and that’s who your kids would be going to middle and high school with. Trust me – it’s not pretty.

    The 92056 neighborhoods are closer to freeway access, easier to get in and out of for all your other life activities and in general will turn out to be quieter all around. In my opinion they should have never built move up and luxury homes anywhere in 92057.

    I think if you can hold out until 2009 or later you’ll end up saving at least $150k in either of those neighborhoods.

    November 16, 2007 at 7:13 AM #100095
    Bugs
    Participant

    The 92057 house may be closer to work but I don’t think those neighborhoods will hold their value as well as the Rancho Del Oro neighborhoods in the 92056 area. The older neighborhoods north of North River Road and west of Vandergrift are a hotbed of gang activity and that’s who your kids would be going to middle and high school with. Trust me – it’s not pretty.

    The 92056 neighborhoods are closer to freeway access, easier to get in and out of for all your other life activities and in general will turn out to be quieter all around. In my opinion they should have never built move up and luxury homes anywhere in 92057.

    I think if you can hold out until 2009 or later you’ll end up saving at least $150k in either of those neighborhoods.

    November 16, 2007 at 7:13 AM #100113
    Bugs
    Participant

    The 92057 house may be closer to work but I don’t think those neighborhoods will hold their value as well as the Rancho Del Oro neighborhoods in the 92056 area. The older neighborhoods north of North River Road and west of Vandergrift are a hotbed of gang activity and that’s who your kids would be going to middle and high school with. Trust me – it’s not pretty.

    The 92056 neighborhoods are closer to freeway access, easier to get in and out of for all your other life activities and in general will turn out to be quieter all around. In my opinion they should have never built move up and luxury homes anywhere in 92057.

    I think if you can hold out until 2009 or later you’ll end up saving at least $150k in either of those neighborhoods.

    November 16, 2007 at 7:13 AM #100126
    Bugs
    Participant

    The 92057 house may be closer to work but I don’t think those neighborhoods will hold their value as well as the Rancho Del Oro neighborhoods in the 92056 area. The older neighborhoods north of North River Road and west of Vandergrift are a hotbed of gang activity and that’s who your kids would be going to middle and high school with. Trust me – it’s not pretty.

    The 92056 neighborhoods are closer to freeway access, easier to get in and out of for all your other life activities and in general will turn out to be quieter all around. In my opinion they should have never built move up and luxury homes anywhere in 92057.

    I think if you can hold out until 2009 or later you’ll end up saving at least $150k in either of those neighborhoods.

    November 16, 2007 at 7:13 AM #100129
    Bugs
    Participant

    The 92057 house may be closer to work but I don’t think those neighborhoods will hold their value as well as the Rancho Del Oro neighborhoods in the 92056 area. The older neighborhoods north of North River Road and west of Vandergrift are a hotbed of gang activity and that’s who your kids would be going to middle and high school with. Trust me – it’s not pretty.

    The 92056 neighborhoods are closer to freeway access, easier to get in and out of for all your other life activities and in general will turn out to be quieter all around. In my opinion they should have never built move up and luxury homes anywhere in 92057.

    I think if you can hold out until 2009 or later you’ll end up saving at least $150k in either of those neighborhoods.

    November 16, 2007 at 7:27 AM #100022
    GunDoctor
    Participant

    yeah,
    I’m not keen on the back gate area either. That is why I am looking to be South of 76 and west of college if possible. The only other place I was looking at was the Valente development, but I seem to remember an airport close by…not sure. The prices there are going down quickly as well.
    thanks for the info
    Gun

    November 16, 2007 at 7:27 AM #100100
    GunDoctor
    Participant

    yeah,
    I’m not keen on the back gate area either. That is why I am looking to be South of 76 and west of college if possible. The only other place I was looking at was the Valente development, but I seem to remember an airport close by…not sure. The prices there are going down quickly as well.
    thanks for the info
    Gun

    November 16, 2007 at 7:27 AM #100118
    GunDoctor
    Participant

    yeah,
    I’m not keen on the back gate area either. That is why I am looking to be South of 76 and west of college if possible. The only other place I was looking at was the Valente development, but I seem to remember an airport close by…not sure. The prices there are going down quickly as well.
    thanks for the info
    Gun

    November 16, 2007 at 7:27 AM #100131
    GunDoctor
    Participant

    yeah,
    I’m not keen on the back gate area either. That is why I am looking to be South of 76 and west of college if possible. The only other place I was looking at was the Valente development, but I seem to remember an airport close by…not sure. The prices there are going down quickly as well.
    thanks for the info
    Gun

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