Mission Hills: Low End Trends

[jpinpb]

Yeah, I know it’s a duplex. There’s a house in back over the garage, I think. I mean, for that price w/the rental to help the mortgage, I still say a great deal. Yes, it is east of the 163, so maybe it’s bordering University Heights, even though it’s 92103. The one on Van Buren was a very good deal, too.

[jpinpb]

pemeliza – I know you already saw this and posted it on SDL. Just want to also put it here. 906 W Lewis sold 03/28/2007 for $2,095,000. They tried to sell it in 2008 for $2,150,000. The reductions continued for over two years. Just closed for $1,270,000. 39% off the 2007 price and less than the 2003 price. We were NOT seeing these declines a year or two ago. Almost 40% off in Hillcrest. Two years ago people were arguing that there was no way Hillcrest would have such great reductions. Laughing at the mere thought of it.

[jpinpb]

pemeliza – I know you already saw this and posted it on SDL. Just want to also put it here. 906 W Lewis sold 03/28/2007 for $2,095,000. They tried to sell it in 2008 for $2,150,000. The reductions continued for over two years. Just closed for $1,270,000. 39% off the 2007 price and less than the 2003 price. We were NOT seeing these declines a year or two ago. Almost 40% off in Hillcrest. Two years ago people were arguing that there was no way Hillcrest would have such great reductions. Laughing at the mere thought of it.

[jpinpb]

pemeliza – I know you already saw this and posted it on SDL. Just want to also put it here. 906 W Lewis sold 03/28/2007 for $2,095,000. They tried to sell it in 2008 for $2,150,000. The reductions continued for over two years. Just closed for $1,270,000. 39% off the 2007 price and less than the 2003 price. We were NOT seeing these declines a year or two ago. Almost 40% off in Hillcrest. Two years ago people were arguing that there was no way Hillcrest would have such great reductions. Laughing at the mere thought of it.

[jpinpb]

pemeliza – I know you already saw this and posted it on SDL. Just want to also put it here. 906 W Lewis sold 03/28/2007 for $2,095,000. They tried to sell it in 2008 for $2,150,000. The reductions continued for over two years. Just closed for $1,270,000. 39% off the 2007 price and less than the 2003 price. We were NOT seeing these declines a year or two ago. Almost 40% off in Hillcrest. Two years ago people were arguing that there was no way Hillcrest would have such great reductions. Laughing at the mere thought of it.

[jpinpb]

pemeliza – I know you already saw this and posted it on SDL. Just want to also put it here. 906 W Lewis sold 03/28/2007 for $2,095,000. They tried to sell it in 2008 for $2,150,000. The reductions continued for over two years. Just closed for $1,270,000. 39% off the 2007 price and less than the 2003 price. We were NOT seeing these declines a year or two ago. Almost 40% off in Hillcrest. Two years ago people were arguing that there was no way Hillcrest would have such great reductions. Laughing at the mere thought of it.

[afx114]

I rent literally 8 houses from that Hayes house, and it’s definitely University Heights. But damn, that’s a sweet deal. I love this little pocket of homes off Johnson Ave.

I also lived literally 2 lots down from that Van Buren house for many years. It is a mansion surrounded by apartments and bungalow homes. I remember it being listed in the nearly 2-mil range a couple years ago. Insane that it dropped all the way down to 900k. Or maybe just insane that it was once listed for almost 2 mil, depending on how you look at it.

[afx114]

I rent literally 8 houses from that Hayes house, and it’s definitely University Heights. But damn, that’s a sweet deal. I love this little pocket of homes off Johnson Ave.

I also lived literally 2 lots down from that Van Buren house for many years. It is a mansion surrounded by apartments and bungalow homes. I remember it being listed in the nearly 2-mil range a couple years ago. Insane that it dropped all the way down to 900k. Or maybe just insane that it was once listed for almost 2 mil, depending on how you look at it.

[afx114]

I rent literally 8 houses from that Hayes house, and it’s definitely University Heights. But damn, that’s a sweet deal. I love this little pocket of homes off Johnson Ave.

I also lived literally 2 lots down from that Van Buren house for many years. It is a mansion surrounded by apartments and bungalow homes. I remember it being listed in the nearly 2-mil range a couple years ago. Insane that it dropped all the way down to 900k. Or maybe just insane that it was once listed for almost 2 mil, depending on how you look at it.

[afx114]

I rent literally 8 houses from that Hayes house, and it’s definitely University Heights. But damn, that’s a sweet deal. I love this little pocket of homes off Johnson Ave.

I also lived literally 2 lots down from that Van Buren house for many years. It is a mansion surrounded by apartments and bungalow homes. I remember it being listed in the nearly 2-mil range a couple years ago. Insane that it dropped all the way down to 900k. Or maybe just insane that it was once listed for almost 2 mil, depending on how you look at it.

[afx114]

I rent literally 8 houses from that Hayes house, and it’s definitely University Heights. But damn, that’s a sweet deal. I love this little pocket of homes off Johnson Ave.

I also lived literally 2 lots down from that Van Buren house for many years. It is a mansion surrounded by apartments and bungalow homes. I remember it being listed in the nearly 2-mil range a couple years ago. Insane that it dropped all the way down to 900k. Or maybe just insane that it was once listed for almost 2 mil, depending on how you look at it.

[jpinpb]

Yes. Exactly. Prices were insane back then. And now that we are seeing declines that are significant, we are to dsiregard them as a select few. But I think it could be new comps starting a trend.

[jpinpb]

Yes. Exactly. Prices were insane back then. And now that we are seeing declines that are significant, we are to dsiregard them as a select few. But I think it could be new comps starting a trend.

[jpinpb]

Yes. Exactly. Prices were insane back then. And now that we are seeing declines that are significant, we are to dsiregard them as a select few. But I think it could be new comps starting a trend.

[jpinpb]

Yes. Exactly. Prices were insane back then. And now that we are seeing declines that are significant, we are to dsiregard them as a select few. But I think it could be new comps starting a trend.

[Author]

Posts