- This topic has 60 replies, 10 voices, and was last updated 16 years ago by
farbet.
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May 19, 2008 at 3:48 PM #207807May 19, 2008 at 6:22 PM #207793
CA renter
ParticipantThe biggest part of the price run-up in San Diego happened between 2001 and 2004/2005. Prices had already doubled in some areas between 1997/1998 and 2001.
There is plenty of reason to believe prices across the board will reach pre-2001 levels. SFHs in Encinitas near the coast (older ‘hoods) were selling for $200K-ish and are now priced anywhere from $650K to $1MM+.
The better areas have not **yet** seen the big declines. They are coming, IMHO.
Patience…
May 19, 2008 at 6:22 PM #207849ParticipantThe biggest part of the price run-up in San Diego happened between 2001 and 2004/2005. Prices had already doubled in some areas between 1997/1998 and 2001.
There is plenty of reason to believe prices across the board will reach pre-2001 levels. SFHs in Encinitas near the coast (older ‘hoods) were selling for $200K-ish and are now priced anywhere from $650K to $1MM+.
The better areas have not **yet** seen the big declines. They are coming, IMHO.
Patience…
May 19, 2008 at 6:22 PM #207882ParticipantThe biggest part of the price run-up in San Diego happened between 2001 and 2004/2005. Prices had already doubled in some areas between 1997/1998 and 2001.
There is plenty of reason to believe prices across the board will reach pre-2001 levels. SFHs in Encinitas near the coast (older ‘hoods) were selling for $200K-ish and are now priced anywhere from $650K to $1MM+.
The better areas have not **yet** seen the big declines. They are coming, IMHO.
Patience…
May 19, 2008 at 6:22 PM #207906ParticipantThe biggest part of the price run-up in San Diego happened between 2001 and 2004/2005. Prices had already doubled in some areas between 1997/1998 and 2001.
There is plenty of reason to believe prices across the board will reach pre-2001 levels. SFHs in Encinitas near the coast (older ‘hoods) were selling for $200K-ish and are now priced anywhere from $650K to $1MM+.
The better areas have not **yet** seen the big declines. They are coming, IMHO.
Patience…
May 19, 2008 at 6:22 PM #207936ParticipantThe biggest part of the price run-up in San Diego happened between 2001 and 2004/2005. Prices had already doubled in some areas between 1997/1998 and 2001.
There is plenty of reason to believe prices across the board will reach pre-2001 levels. SFHs in Encinitas near the coast (older ‘hoods) were selling for $200K-ish and are now priced anywhere from $650K to $1MM+.
The better areas have not **yet** seen the big declines. They are coming, IMHO.
Patience…
May 19, 2008 at 8:54 PM #207923Duck
ParticipantCA renter
Please give some examples where you can buy at or anywhere near pre-2001 levels in decent areas near or in Encinitas. Rents are at least 50% higher in those areas from 2001 -probably more. You can rent a crappy place in a crappy hood in Encinitas for $2k/month. And your neighbor has a meth habit and a pit bull.
May 19, 2008 at 8:54 PM #207980ParticipantCA renter
Please give some examples where you can buy at or anywhere near pre-2001 levels in decent areas near or in Encinitas. Rents are at least 50% higher in those areas from 2001 -probably more. You can rent a crappy place in a crappy hood in Encinitas for $2k/month. And your neighbor has a meth habit and a pit bull.
May 19, 2008 at 8:54 PM #208012ParticipantCA renter
Please give some examples where you can buy at or anywhere near pre-2001 levels in decent areas near or in Encinitas. Rents are at least 50% higher in those areas from 2001 -probably more. You can rent a crappy place in a crappy hood in Encinitas for $2k/month. And your neighbor has a meth habit and a pit bull.
May 19, 2008 at 8:54 PM #208035ParticipantCA renter
Please give some examples where you can buy at or anywhere near pre-2001 levels in decent areas near or in Encinitas. Rents are at least 50% higher in those areas from 2001 -probably more. You can rent a crappy place in a crappy hood in Encinitas for $2k/month. And your neighbor has a meth habit and a pit bull.
May 19, 2008 at 8:54 PM #208066ParticipantCA renter
Please give some examples where you can buy at or anywhere near pre-2001 levels in decent areas near or in Encinitas. Rents are at least 50% higher in those areas from 2001 -probably more. You can rent a crappy place in a crappy hood in Encinitas for $2k/month. And your neighbor has a meth habit and a pit bull.
May 19, 2008 at 9:14 PM #207943farbet
ParticipantWhy get in a Bidding war in SEH?
Prices must come down to about 525 K . The greater fools are in bidding wars.
eg 857 Orion Way,92078.619,900 On and off Pending.When it goes pending the neighbors houses are listed for 589K. The buyer drops it. Look for it to go pending again.
Multi offer scam to increase bids
Don’t forget the Mello Roos of $5500May 19, 2008 at 9:14 PM #207999ParticipantWhy get in a Bidding war in SEH?
Prices must come down to about 525 K . The greater fools are in bidding wars.
eg 857 Orion Way,92078.619,900 On and off Pending.When it goes pending the neighbors houses are listed for 589K. The buyer drops it. Look for it to go pending again.
Multi offer scam to increase bids
Don’t forget the Mello Roos of $5500May 19, 2008 at 9:14 PM #208030ParticipantWhy get in a Bidding war in SEH?
Prices must come down to about 525 K . The greater fools are in bidding wars.
eg 857 Orion Way,92078.619,900 On and off Pending.When it goes pending the neighbors houses are listed for 589K. The buyer drops it. Look for it to go pending again.
Multi offer scam to increase bids
Don’t forget the Mello Roos of $5500May 19, 2008 at 9:14 PM #208056ParticipantWhy get in a Bidding war in SEH?
Prices must come down to about 525 K . The greater fools are in bidding wars.
eg 857 Orion Way,92078.619,900 On and off Pending.When it goes pending the neighbors houses are listed for 589K. The buyer drops it. Look for it to go pending again.
Multi offer scam to increase bids
Don’t forget the Mello Roos of $5500 -
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