Menu

Home › Forums › Housing › LA Times Article re spotting the bottom.

Viewing 15 posts - 31 through 45 (of 86 total)
1 2 3 4 5 6
  • Author
    Posts
  • August 17, 2009 at 1:44 PM #446431
    dbapig
    Participant

    [quote=sdrealtor]FYI having a real estate license is different than being a realtor. they could have been lenders, appraisers or something else. some got licenses to do their own transactions[/quote]

    true… I know a few who got the license just so that they could keep the real estate fee in the family when a family member is buying/selling house..

    August 17, 2009 at 3:18 PM #445678
    sdcellar
    Participant

    [quote=dbapig]That’s awesome. Looks like it was sold on 12/31/1990 for $495,000

    If we go back to 1990’s pricing it’s possible.[/quote]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.

    August 17, 2009 at 3:18 PM #445869
    sdcellar
    Participant

    [quote=dbapig]That’s awesome. Looks like it was sold on 12/31/1990 for $495,000

    If we go back to 1990’s pricing it’s possible.[/quote]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.

    August 17, 2009 at 3:18 PM #446209
    sdcellar
    Participant

    [quote=dbapig]That’s awesome. Looks like it was sold on 12/31/1990 for $495,000

    If we go back to 1990’s pricing it’s possible.[/quote]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.

    August 17, 2009 at 3:18 PM #446281
    sdcellar
    Participant

    [quote=dbapig]That’s awesome. Looks like it was sold on 12/31/1990 for $495,000

    If we go back to 1990’s pricing it’s possible.[/quote]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.

    August 17, 2009 at 3:18 PM #446460
    sdcellar
    Participant

    [quote=dbapig]That’s awesome. Looks like it was sold on 12/31/1990 for $495,000

    If we go back to 1990’s pricing it’s possible.[/quote]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.

    August 17, 2009 at 4:16 PM #445698
    sdnerd
    Participant

    Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.

    August 17, 2009 at 4:16 PM #445889
    sdnerd
    Participant

    Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.

    August 17, 2009 at 4:16 PM #446229
    sdnerd
    Participant

    Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.

    August 17, 2009 at 4:16 PM #446301
    sdnerd
    Participant

    Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.

    August 17, 2009 at 4:16 PM #446480
    sdnerd
    Participant

    Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.

    August 17, 2009 at 4:23 PM #445703
    Eugene
    Participant

    [quote=sdcellar]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.[/quote]

    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)

    August 17, 2009 at 4:23 PM #445894
    Eugene
    Participant

    [quote=sdcellar]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.[/quote]

    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)

    August 17, 2009 at 4:23 PM #446234
    Eugene
    Participant

    [quote=sdcellar]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.[/quote]

    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)

    August 17, 2009 at 4:23 PM #446306
    Eugene
    Participant

    [quote=sdcellar]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.[/quote]

    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)

  • Author
    Posts
Viewing 15 posts - 31 through 45 (of 86 total)
1 2 3 4 5 6
  • You must be logged in to reply to this topic.