- This topic has 200 replies, 20 voices, and was last updated 16 years, 7 months ago by JWM in SD.
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April 19, 2008 at 8:32 PM #190714April 20, 2008 at 6:55 AM #190717temeculaguyParticipant
The force is strong with you, young jedi. Yes, that is a tempting one and probably my leading candidate if I were to fall off the wagon now. I have one more season of will power (and a lease) so the Fall will be earliest temptation and more likely to get a lowball taken seriously (I would love to pick that one up for 250k, that would be below 1992 pricing if you took into account that it went new for 225k and the pool and landscaping is easily worth 25k. Ones like these are drawing a crowd right now but come September it should thin out. Can you imagine pulling a 1992 price, they’d have to add my face to Mt. Rushmore. However I will need to buy those “run flat” tires because I’ll probably have t-shirts made for the kids that say “my dad bought his house for less than you paid new 16 years ago and all I got was this lousy t-shirt” and I’ll order personalized license plates for my car that read “92price,” the neighbors will have a schedule as to who’s turn it is to slash my tires.
I talked myself out of it because I’ve had enough of pools, the utilities alone probably add $200 a month, care and maint, it’s a $500 a month liability, community pools ar better for me, more to look at. The other huge drawback is the kitchen will need to be completely ripped out, cabinets and all. Those 1992 jobs came with whitewashed oak and the owner obviously slapped on some red paint and destroyed any chance of refinishing it. It also looks like linoleum/pretend tile and white tile counters….ick. A worthy project at 250k but for 300, it’s within a few bucks of some that are already dialed in and I’m lazy. I’ve come this far, might as well go for the brass ring.
April 20, 2008 at 6:55 AM #190741temeculaguyParticipantThe force is strong with you, young jedi. Yes, that is a tempting one and probably my leading candidate if I were to fall off the wagon now. I have one more season of will power (and a lease) so the Fall will be earliest temptation and more likely to get a lowball taken seriously (I would love to pick that one up for 250k, that would be below 1992 pricing if you took into account that it went new for 225k and the pool and landscaping is easily worth 25k. Ones like these are drawing a crowd right now but come September it should thin out. Can you imagine pulling a 1992 price, they’d have to add my face to Mt. Rushmore. However I will need to buy those “run flat” tires because I’ll probably have t-shirts made for the kids that say “my dad bought his house for less than you paid new 16 years ago and all I got was this lousy t-shirt” and I’ll order personalized license plates for my car that read “92price,” the neighbors will have a schedule as to who’s turn it is to slash my tires.
I talked myself out of it because I’ve had enough of pools, the utilities alone probably add $200 a month, care and maint, it’s a $500 a month liability, community pools ar better for me, more to look at. The other huge drawback is the kitchen will need to be completely ripped out, cabinets and all. Those 1992 jobs came with whitewashed oak and the owner obviously slapped on some red paint and destroyed any chance of refinishing it. It also looks like linoleum/pretend tile and white tile counters….ick. A worthy project at 250k but for 300, it’s within a few bucks of some that are already dialed in and I’m lazy. I’ve come this far, might as well go for the brass ring.
April 20, 2008 at 6:55 AM #190770temeculaguyParticipantThe force is strong with you, young jedi. Yes, that is a tempting one and probably my leading candidate if I were to fall off the wagon now. I have one more season of will power (and a lease) so the Fall will be earliest temptation and more likely to get a lowball taken seriously (I would love to pick that one up for 250k, that would be below 1992 pricing if you took into account that it went new for 225k and the pool and landscaping is easily worth 25k. Ones like these are drawing a crowd right now but come September it should thin out. Can you imagine pulling a 1992 price, they’d have to add my face to Mt. Rushmore. However I will need to buy those “run flat” tires because I’ll probably have t-shirts made for the kids that say “my dad bought his house for less than you paid new 16 years ago and all I got was this lousy t-shirt” and I’ll order personalized license plates for my car that read “92price,” the neighbors will have a schedule as to who’s turn it is to slash my tires.
I talked myself out of it because I’ve had enough of pools, the utilities alone probably add $200 a month, care and maint, it’s a $500 a month liability, community pools ar better for me, more to look at. The other huge drawback is the kitchen will need to be completely ripped out, cabinets and all. Those 1992 jobs came with whitewashed oak and the owner obviously slapped on some red paint and destroyed any chance of refinishing it. It also looks like linoleum/pretend tile and white tile counters….ick. A worthy project at 250k but for 300, it’s within a few bucks of some that are already dialed in and I’m lazy. I’ve come this far, might as well go for the brass ring.
April 20, 2008 at 6:55 AM #190783temeculaguyParticipantThe force is strong with you, young jedi. Yes, that is a tempting one and probably my leading candidate if I were to fall off the wagon now. I have one more season of will power (and a lease) so the Fall will be earliest temptation and more likely to get a lowball taken seriously (I would love to pick that one up for 250k, that would be below 1992 pricing if you took into account that it went new for 225k and the pool and landscaping is easily worth 25k. Ones like these are drawing a crowd right now but come September it should thin out. Can you imagine pulling a 1992 price, they’d have to add my face to Mt. Rushmore. However I will need to buy those “run flat” tires because I’ll probably have t-shirts made for the kids that say “my dad bought his house for less than you paid new 16 years ago and all I got was this lousy t-shirt” and I’ll order personalized license plates for my car that read “92price,” the neighbors will have a schedule as to who’s turn it is to slash my tires.
I talked myself out of it because I’ve had enough of pools, the utilities alone probably add $200 a month, care and maint, it’s a $500 a month liability, community pools ar better for me, more to look at. The other huge drawback is the kitchen will need to be completely ripped out, cabinets and all. Those 1992 jobs came with whitewashed oak and the owner obviously slapped on some red paint and destroyed any chance of refinishing it. It also looks like linoleum/pretend tile and white tile counters….ick. A worthy project at 250k but for 300, it’s within a few bucks of some that are already dialed in and I’m lazy. I’ve come this far, might as well go for the brass ring.
April 20, 2008 at 6:55 AM #190831temeculaguyParticipantThe force is strong with you, young jedi. Yes, that is a tempting one and probably my leading candidate if I were to fall off the wagon now. I have one more season of will power (and a lease) so the Fall will be earliest temptation and more likely to get a lowball taken seriously (I would love to pick that one up for 250k, that would be below 1992 pricing if you took into account that it went new for 225k and the pool and landscaping is easily worth 25k. Ones like these are drawing a crowd right now but come September it should thin out. Can you imagine pulling a 1992 price, they’d have to add my face to Mt. Rushmore. However I will need to buy those “run flat” tires because I’ll probably have t-shirts made for the kids that say “my dad bought his house for less than you paid new 16 years ago and all I got was this lousy t-shirt” and I’ll order personalized license plates for my car that read “92price,” the neighbors will have a schedule as to who’s turn it is to slash my tires.
I talked myself out of it because I’ve had enough of pools, the utilities alone probably add $200 a month, care and maint, it’s a $500 a month liability, community pools ar better for me, more to look at. The other huge drawback is the kitchen will need to be completely ripped out, cabinets and all. Those 1992 jobs came with whitewashed oak and the owner obviously slapped on some red paint and destroyed any chance of refinishing it. It also looks like linoleum/pretend tile and white tile counters….ick. A worthy project at 250k but for 300, it’s within a few bucks of some that are already dialed in and I’m lazy. I’ve come this far, might as well go for the brass ring.
April 20, 2008 at 1:57 PM #190907waitingpatientlyParticipantThanks for the info guys. I will probably do what I did last time I felt the itch and sign on to another 6 month lease in November.
TG, what types of statistics are you tracking? I have kept a notebook with the MLS listings of all of the neighborhoods that we are considering. And for our Friday night fun we update prices and print out new listings. It’s fun to see where prices have gone from January 2006 to now, but its just that, fun. Now that we are getting more serious about buying what should I start really looking at and where can I find the information?
This site and contributors are incredible…even the OT posts.
Jim, when we get serious about buying we will give you a call. I don’t want to waste your time with us fence sitters (even though my feet are dangling on the buying side). And as far as settling for a cheaper area…we are pretty much sold on being in the Mission Estancia, OPE, El Camino Creek or La Costa Heights elem. boundaries. Of course I would love a newer house…I am looking more at the floorplan, location and lot size, everything else can be updated in time. We have two small children and would like to find a development with a pool, parks, and other amenities.
April 20, 2008 at 1:57 PM #190930waitingpatientlyParticipantThanks for the info guys. I will probably do what I did last time I felt the itch and sign on to another 6 month lease in November.
TG, what types of statistics are you tracking? I have kept a notebook with the MLS listings of all of the neighborhoods that we are considering. And for our Friday night fun we update prices and print out new listings. It’s fun to see where prices have gone from January 2006 to now, but its just that, fun. Now that we are getting more serious about buying what should I start really looking at and where can I find the information?
This site and contributors are incredible…even the OT posts.
Jim, when we get serious about buying we will give you a call. I don’t want to waste your time with us fence sitters (even though my feet are dangling on the buying side). And as far as settling for a cheaper area…we are pretty much sold on being in the Mission Estancia, OPE, El Camino Creek or La Costa Heights elem. boundaries. Of course I would love a newer house…I am looking more at the floorplan, location and lot size, everything else can be updated in time. We have two small children and would like to find a development with a pool, parks, and other amenities.
April 20, 2008 at 1:57 PM #190959waitingpatientlyParticipantThanks for the info guys. I will probably do what I did last time I felt the itch and sign on to another 6 month lease in November.
TG, what types of statistics are you tracking? I have kept a notebook with the MLS listings of all of the neighborhoods that we are considering. And for our Friday night fun we update prices and print out new listings. It’s fun to see where prices have gone from January 2006 to now, but its just that, fun. Now that we are getting more serious about buying what should I start really looking at and where can I find the information?
This site and contributors are incredible…even the OT posts.
Jim, when we get serious about buying we will give you a call. I don’t want to waste your time with us fence sitters (even though my feet are dangling on the buying side). And as far as settling for a cheaper area…we are pretty much sold on being in the Mission Estancia, OPE, El Camino Creek or La Costa Heights elem. boundaries. Of course I would love a newer house…I am looking more at the floorplan, location and lot size, everything else can be updated in time. We have two small children and would like to find a development with a pool, parks, and other amenities.
April 20, 2008 at 1:57 PM #190973waitingpatientlyParticipantThanks for the info guys. I will probably do what I did last time I felt the itch and sign on to another 6 month lease in November.
TG, what types of statistics are you tracking? I have kept a notebook with the MLS listings of all of the neighborhoods that we are considering. And for our Friday night fun we update prices and print out new listings. It’s fun to see where prices have gone from January 2006 to now, but its just that, fun. Now that we are getting more serious about buying what should I start really looking at and where can I find the information?
This site and contributors are incredible…even the OT posts.
Jim, when we get serious about buying we will give you a call. I don’t want to waste your time with us fence sitters (even though my feet are dangling on the buying side). And as far as settling for a cheaper area…we are pretty much sold on being in the Mission Estancia, OPE, El Camino Creek or La Costa Heights elem. boundaries. Of course I would love a newer house…I am looking more at the floorplan, location and lot size, everything else can be updated in time. We have two small children and would like to find a development with a pool, parks, and other amenities.
April 20, 2008 at 1:57 PM #191020waitingpatientlyParticipantThanks for the info guys. I will probably do what I did last time I felt the itch and sign on to another 6 month lease in November.
TG, what types of statistics are you tracking? I have kept a notebook with the MLS listings of all of the neighborhoods that we are considering. And for our Friday night fun we update prices and print out new listings. It’s fun to see where prices have gone from January 2006 to now, but its just that, fun. Now that we are getting more serious about buying what should I start really looking at and where can I find the information?
This site and contributors are incredible…even the OT posts.
Jim, when we get serious about buying we will give you a call. I don’t want to waste your time with us fence sitters (even though my feet are dangling on the buying side). And as far as settling for a cheaper area…we are pretty much sold on being in the Mission Estancia, OPE, El Camino Creek or La Costa Heights elem. boundaries. Of course I would love a newer house…I am looking more at the floorplan, location and lot size, everything else can be updated in time. We have two small children and would like to find a development with a pool, parks, and other amenities.
April 21, 2008 at 7:33 AM #191264sdrealtorParticipantwaitingpatiently,
You are looking in my backyard (actually your kids would love my backyard) and I own exactly what you are looking for. I would venture to guess that there is no one in this area (agents or otherwise) that knows that area better and has been more on target with predictions for this area over the last 5 years (both up and down). For the record, I have been on this site over 2 years. I pointed out a peak 950K for a decent newer 4/3 with 2500 to 3000 sq ft a couple years and called for a 30% fall bringing these homes down to about 675K at the bottom which I predicted would come between 2010 and 2012. So far everything has proceeded exactly as I expected. No one has stuck their neck out further than I with specific predictions for a specific area.With luck you could get a decent newer 4/3 with at least 2500 sq ft and everything you are looking for between 775K and 800K today which you already know. Next Spring, I believe it will be possible to find that for 750K. Beyond that it will all get dicey as the last 50K to 75K bleeds out between late 2009 and 2012.
The real problem will be finding the home you want at those price levels and not just any house. Demand would be very high for homes like this if prices dip below 700K. Lowballing will get you a house but it might not get you the one you seek. IMO, Getting the one you really want will take the ability to recognize the right one and the willingness to strike when you find it.
All this of course is just my opinion. Take it for what its worth……………
April 21, 2008 at 7:33 AM #191292sdrealtorParticipantwaitingpatiently,
You are looking in my backyard (actually your kids would love my backyard) and I own exactly what you are looking for. I would venture to guess that there is no one in this area (agents or otherwise) that knows that area better and has been more on target with predictions for this area over the last 5 years (both up and down). For the record, I have been on this site over 2 years. I pointed out a peak 950K for a decent newer 4/3 with 2500 to 3000 sq ft a couple years and called for a 30% fall bringing these homes down to about 675K at the bottom which I predicted would come between 2010 and 2012. So far everything has proceeded exactly as I expected. No one has stuck their neck out further than I with specific predictions for a specific area.With luck you could get a decent newer 4/3 with at least 2500 sq ft and everything you are looking for between 775K and 800K today which you already know. Next Spring, I believe it will be possible to find that for 750K. Beyond that it will all get dicey as the last 50K to 75K bleeds out between late 2009 and 2012.
The real problem will be finding the home you want at those price levels and not just any house. Demand would be very high for homes like this if prices dip below 700K. Lowballing will get you a house but it might not get you the one you seek. IMO, Getting the one you really want will take the ability to recognize the right one and the willingness to strike when you find it.
All this of course is just my opinion. Take it for what its worth……………
April 21, 2008 at 7:33 AM #191319sdrealtorParticipantwaitingpatiently,
You are looking in my backyard (actually your kids would love my backyard) and I own exactly what you are looking for. I would venture to guess that there is no one in this area (agents or otherwise) that knows that area better and has been more on target with predictions for this area over the last 5 years (both up and down). For the record, I have been on this site over 2 years. I pointed out a peak 950K for a decent newer 4/3 with 2500 to 3000 sq ft a couple years and called for a 30% fall bringing these homes down to about 675K at the bottom which I predicted would come between 2010 and 2012. So far everything has proceeded exactly as I expected. No one has stuck their neck out further than I with specific predictions for a specific area.With luck you could get a decent newer 4/3 with at least 2500 sq ft and everything you are looking for between 775K and 800K today which you already know. Next Spring, I believe it will be possible to find that for 750K. Beyond that it will all get dicey as the last 50K to 75K bleeds out between late 2009 and 2012.
The real problem will be finding the home you want at those price levels and not just any house. Demand would be very high for homes like this if prices dip below 700K. Lowballing will get you a house but it might not get you the one you seek. IMO, Getting the one you really want will take the ability to recognize the right one and the willingness to strike when you find it.
All this of course is just my opinion. Take it for what its worth……………
April 21, 2008 at 7:33 AM #191337sdrealtorParticipantwaitingpatiently,
You are looking in my backyard (actually your kids would love my backyard) and I own exactly what you are looking for. I would venture to guess that there is no one in this area (agents or otherwise) that knows that area better and has been more on target with predictions for this area over the last 5 years (both up and down). For the record, I have been on this site over 2 years. I pointed out a peak 950K for a decent newer 4/3 with 2500 to 3000 sq ft a couple years and called for a 30% fall bringing these homes down to about 675K at the bottom which I predicted would come between 2010 and 2012. So far everything has proceeded exactly as I expected. No one has stuck their neck out further than I with specific predictions for a specific area.With luck you could get a decent newer 4/3 with at least 2500 sq ft and everything you are looking for between 775K and 800K today which you already know. Next Spring, I believe it will be possible to find that for 750K. Beyond that it will all get dicey as the last 50K to 75K bleeds out between late 2009 and 2012.
The real problem will be finding the home you want at those price levels and not just any house. Demand would be very high for homes like this if prices dip below 700K. Lowballing will get you a house but it might not get you the one you seek. IMO, Getting the one you really want will take the ability to recognize the right one and the willingness to strike when you find it.
All this of course is just my opinion. Take it for what its worth……………
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