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January 12, 2008 at 9:00 AM #11480January 12, 2008 at 12:23 PM #134891
little lady
ParticipantI did the same thing! 58 by the 10th in Santee, more than the whole month for the last 2 years. I ramndomly check other areas and was finding the same thing in some zip codes.
I believe it’s the interest rates and the repo’s. I am seeing houses now that I would want to buy, at or near what I would pay. I called my mortgage guy to lock a rate and get another loan approval. He said he would do it but “wait, interest rates are going to fall further and you guys are gonna get a GREAT deal.”.
That snowball has started to barrel down that hill now, and folks are jumping on……….
January 12, 2008 at 12:23 PM #135085ParticipantI did the same thing! 58 by the 10th in Santee, more than the whole month for the last 2 years. I ramndomly check other areas and was finding the same thing in some zip codes.
I believe it’s the interest rates and the repo’s. I am seeing houses now that I would want to buy, at or near what I would pay. I called my mortgage guy to lock a rate and get another loan approval. He said he would do it but “wait, interest rates are going to fall further and you guys are gonna get a GREAT deal.”.
That snowball has started to barrel down that hill now, and folks are jumping on……….
January 12, 2008 at 12:23 PM #135092ParticipantI did the same thing! 58 by the 10th in Santee, more than the whole month for the last 2 years. I ramndomly check other areas and was finding the same thing in some zip codes.
I believe it’s the interest rates and the repo’s. I am seeing houses now that I would want to buy, at or near what I would pay. I called my mortgage guy to lock a rate and get another loan approval. He said he would do it but “wait, interest rates are going to fall further and you guys are gonna get a GREAT deal.”.
That snowball has started to barrel down that hill now, and folks are jumping on……….
January 12, 2008 at 12:23 PM #135147ParticipantI did the same thing! 58 by the 10th in Santee, more than the whole month for the last 2 years. I ramndomly check other areas and was finding the same thing in some zip codes.
I believe it’s the interest rates and the repo’s. I am seeing houses now that I would want to buy, at or near what I would pay. I called my mortgage guy to lock a rate and get another loan approval. He said he would do it but “wait, interest rates are going to fall further and you guys are gonna get a GREAT deal.”.
That snowball has started to barrel down that hill now, and folks are jumping on……….
January 12, 2008 at 12:23 PM #135189ParticipantI did the same thing! 58 by the 10th in Santee, more than the whole month for the last 2 years. I ramndomly check other areas and was finding the same thing in some zip codes.
I believe it’s the interest rates and the repo’s. I am seeing houses now that I would want to buy, at or near what I would pay. I called my mortgage guy to lock a rate and get another loan approval. He said he would do it but “wait, interest rates are going to fall further and you guys are gonna get a GREAT deal.”.
That snowball has started to barrel down that hill now, and folks are jumping on……….
January 12, 2008 at 12:35 PM #134896Ex-SD
ParticipantJust be aware that repos are recorded as sales which totally skews the numbers.
January 12, 2008 at 12:35 PM #135090ParticipantJust be aware that repos are recorded as sales which totally skews the numbers.
January 12, 2008 at 12:35 PM #135097ParticipantJust be aware that repos are recorded as sales which totally skews the numbers.
January 12, 2008 at 12:35 PM #135152ParticipantJust be aware that repos are recorded as sales which totally skews the numbers.
January 12, 2008 at 12:35 PM #135194ParticipantJust be aware that repos are recorded as sales which totally skews the numbers.
January 12, 2008 at 1:58 PM #134921Eugene
ParticipantEven if those numbers do include repos, 92127 is not that distressed. It averaged 10 repos per month in the second half of 2007.
http://www.sdlookup.com/MLS_Updates-85-Rancho_Bernardo
6 “sale pending”, 3 “closed sale” in one week.
I think something is wrong with their data. Try to order the list of actual properties.
January 12, 2008 at 1:58 PM #135115ParticipantEven if those numbers do include repos, 92127 is not that distressed. It averaged 10 repos per month in the second half of 2007.
http://www.sdlookup.com/MLS_Updates-85-Rancho_Bernardo
6 “sale pending”, 3 “closed sale” in one week.
I think something is wrong with their data. Try to order the list of actual properties.
January 12, 2008 at 1:58 PM #135122ParticipantEven if those numbers do include repos, 92127 is not that distressed. It averaged 10 repos per month in the second half of 2007.
http://www.sdlookup.com/MLS_Updates-85-Rancho_Bernardo
6 “sale pending”, 3 “closed sale” in one week.
I think something is wrong with their data. Try to order the list of actual properties.
January 12, 2008 at 1:58 PM #135175ParticipantEven if those numbers do include repos, 92127 is not that distressed. It averaged 10 repos per month in the second half of 2007.
http://www.sdlookup.com/MLS_Updates-85-Rancho_Bernardo
6 “sale pending”, 3 “closed sale” in one week.
I think something is wrong with their data. Try to order the list of actual properties.
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