Lucera Condo – $199k

[sdnerd]

Well said Temeculaguy; you described my situation pretty well.

I’ve lived here for close to 5 years; moved here a couple years after college because I was tired of roommates. The entire time my monthly payments have been cheaper or equal to an equivalent rental. It’s cheap living, which has allowed me to build a down payment war chest.

~3 minute drive to work for me and it’s about ~10 for my wife. Easy access to all the freeways, shopping, grocery stores, etc. The location is incredible IMHO.

I plan on buying a house in the next year or two, and keeping this as a rental. Eventually own in free and clear, or sell it in 15 years or whenever the next bubble hits.

Sure I wish I had bought at today’s prices vs. 2003, but that’s water under the bridge at this point.

If these hit $100k I’d write a check for another tomorrow. And I agree with you, someone would surely say it’d fall even further.

I’ve seen lock boxes disappear and people move in the last few weeks. So I guess they are starting to sell again or are being rented out… will have to check RedFin.

Be curious to see what happens once the lawsuit is over with.

[sdnerd]

Well said Temeculaguy; you described my situation pretty well.

I’ve lived here for close to 5 years; moved here a couple years after college because I was tired of roommates. The entire time my monthly payments have been cheaper or equal to an equivalent rental. It’s cheap living, which has allowed me to build a down payment war chest.

~3 minute drive to work for me and it’s about ~10 for my wife. Easy access to all the freeways, shopping, grocery stores, etc. The location is incredible IMHO.

I plan on buying a house in the next year or two, and keeping this as a rental. Eventually own in free and clear, or sell it in 15 years or whenever the next bubble hits.

Sure I wish I had bought at today’s prices vs. 2003, but that’s water under the bridge at this point.

If these hit $100k I’d write a check for another tomorrow. And I agree with you, someone would surely say it’d fall even further.

I’ve seen lock boxes disappear and people move in the last few weeks. So I guess they are starting to sell again or are being rented out… will have to check RedFin.

Be curious to see what happens once the lawsuit is over with.

[briansd1]

jpinpb has done an excellent job tracking this complex.

$150,000 is the max I would pay in this complex…. And some folk claimed that “low” prices get bid up….

http://www.sdlookup.com/MLS-090018560-7180_Shoreline_Dr_5102_San_Diego_CA_92122

http://www.sdlookup.com/Forums/CondominiumCommunities/tabid/59/forumid/474/tpage/2/view/Topic/postid/34025/Default.aspx

[briansd1]

jpinpb has done an excellent job tracking this complex.

$150,000 is the max I would pay in this complex…. And some folk claimed that “low” prices get bid up….

http://www.sdlookup.com/MLS-090018560-7180_Shoreline_Dr_5102_San_Diego_CA_92122

http://www.sdlookup.com/Forums/CondominiumCommunities/tabid/59/forumid/474/tpage/2/view/Topic/postid/34025/Default.aspx

[briansd1]

jpinpb has done an excellent job tracking this complex.

$150,000 is the max I would pay in this complex…. And some folk claimed that “low” prices get bid up….

http://www.sdlookup.com/MLS-090018560-7180_Shoreline_Dr_5102_San_Diego_CA_92122

http://www.sdlookup.com/Forums/CondominiumCommunities/tabid/59/forumid/474/tpage/2/view/Topic/postid/34025/Default.aspx

[briansd1]

jpinpb has done an excellent job tracking this complex.

$150,000 is the max I would pay in this complex…. And some folk claimed that “low” prices get bid up….

http://www.sdlookup.com/MLS-090018560-7180_Shoreline_Dr_5102_San_Diego_CA_92122

http://www.sdlookup.com/Forums/CondominiumCommunities/tabid/59/forumid/474/tpage/2/view/Topic/postid/34025/Default.aspx

[briansd1]

jpinpb has done an excellent job tracking this complex.

$150,000 is the max I would pay in this complex…. And some folk claimed that “low” prices get bid up….

http://www.sdlookup.com/MLS-090018560-7180_Shoreline_Dr_5102_San_Diego_CA_92122

http://www.sdlookup.com/Forums/CondominiumCommunities/tabid/59/forumid/474/tpage/2/view/Topic/postid/34025/Default.aspx

[jpinpb]

Yeah, that was a surprising 55% off the 2004 price. I’ve been tracking the condos b/c I think they’re the weakest link. The condos suffer first, then the townhomes, then the SFH.

The link for Lucera. If I get a chance, I’ll post some on the Yacht Club

[jpinpb]

Yeah, that was a surprising 55% off the 2004 price. I’ve been tracking the condos b/c I think they’re the weakest link. The condos suffer first, then the townhomes, then the SFH.

The link for Lucera. If I get a chance, I’ll post some on the Yacht Club

[jpinpb]

Yeah, that was a surprising 55% off the 2004 price. I’ve been tracking the condos b/c I think they’re the weakest link. The condos suffer first, then the townhomes, then the SFH.

The link for Lucera. If I get a chance, I’ll post some on the Yacht Club

[jpinpb]

Yeah, that was a surprising 55% off the 2004 price. I’ve been tracking the condos b/c I think they’re the weakest link. The condos suffer first, then the townhomes, then the SFH.

The link for Lucera. If I get a chance, I’ll post some on the Yacht Club

[jpinpb]

Yeah, that was a surprising 55% off the 2004 price. I’ve been tracking the condos b/c I think they’re the weakest link. The condos suffer first, then the townhomes, then the SFH.

The link for Lucera. If I get a chance, I’ll post some on the Yacht Club

[briansd1]

jp, the Yacht Club is the weakest link in Point Loma that’s for sure. Under 300sf condos at peak prices. Those condos will revert back to defacto hotel rooms/vacation rentals.

[briansd1]

jp, the Yacht Club is the weakest link in Point Loma that’s for sure. Under 300sf condos at peak prices. Those condos will revert back to defacto hotel rooms/vacation rentals.

[briansd1]

jp, the Yacht Club is the weakest link in Point Loma that’s for sure. Under 300sf condos at peak prices. Those condos will revert back to defacto hotel rooms/vacation rentals.

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