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pemeliza.
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February 25, 2011 at 8:35 AM #672195February 25, 2011 at 9:02 AM #671070
jpinpb
Participant[quote=pemeliza]JP, that is a nice house for the $$$. Looks like prices are settling in around 35-40% off peak in 92103. That is a very high price for early 2008. I thought by then the market was already starting to get hit.[/quote]
What I’ve been saying. It’s taking longer for the high end. I don’t want to keep repeating myself, but we were not seeing these prices a year or two years ago in 92103 or 92106. And some ZIPs are still not seeing declines. But maybe it will creep its way over there eventually. As I said on the PL thread, I am surprised at these declines in 92103 and 92106 b/c there weren’t even very many NODs in these ZIPs compared to others. I thought these ZIPs w/the demographics would hold up better. These are not minor declines any more, IMO.February 25, 2011 at 9:02 AM #671132Participant[quote=pemeliza]JP, that is a nice house for the $$$. Looks like prices are settling in around 35-40% off peak in 92103. That is a very high price for early 2008. I thought by then the market was already starting to get hit.[/quote]
What I’ve been saying. It’s taking longer for the high end. I don’t want to keep repeating myself, but we were not seeing these prices a year or two years ago in 92103 or 92106. And some ZIPs are still not seeing declines. But maybe it will creep its way over there eventually. As I said on the PL thread, I am surprised at these declines in 92103 and 92106 b/c there weren’t even very many NODs in these ZIPs compared to others. I thought these ZIPs w/the demographics would hold up better. These are not minor declines any more, IMO.February 25, 2011 at 9:02 AM #671741Participant[quote=pemeliza]JP, that is a nice house for the $$$. Looks like prices are settling in around 35-40% off peak in 92103. That is a very high price for early 2008. I thought by then the market was already starting to get hit.[/quote]
What I’ve been saying. It’s taking longer for the high end. I don’t want to keep repeating myself, but we were not seeing these prices a year or two years ago in 92103 or 92106. And some ZIPs are still not seeing declines. But maybe it will creep its way over there eventually. As I said on the PL thread, I am surprised at these declines in 92103 and 92106 b/c there weren’t even very many NODs in these ZIPs compared to others. I thought these ZIPs w/the demographics would hold up better. These are not minor declines any more, IMO.February 25, 2011 at 9:02 AM #671880Participant[quote=pemeliza]JP, that is a nice house for the $$$. Looks like prices are settling in around 35-40% off peak in 92103. That is a very high price for early 2008. I thought by then the market was already starting to get hit.[/quote]
What I’ve been saying. It’s taking longer for the high end. I don’t want to keep repeating myself, but we were not seeing these prices a year or two years ago in 92103 or 92106. And some ZIPs are still not seeing declines. But maybe it will creep its way over there eventually. As I said on the PL thread, I am surprised at these declines in 92103 and 92106 b/c there weren’t even very many NODs in these ZIPs compared to others. I thought these ZIPs w/the demographics would hold up better. These are not minor declines any more, IMO.February 25, 2011 at 9:02 AM #672225Participant[quote=pemeliza]JP, that is a nice house for the $$$. Looks like prices are settling in around 35-40% off peak in 92103. That is a very high price for early 2008. I thought by then the market was already starting to get hit.[/quote]
What I’ve been saying. It’s taking longer for the high end. I don’t want to keep repeating myself, but we were not seeing these prices a year or two years ago in 92103 or 92106. And some ZIPs are still not seeing declines. But maybe it will creep its way over there eventually. As I said on the PL thread, I am surprised at these declines in 92103 and 92106 b/c there weren’t even very many NODs in these ZIPs compared to others. I thought these ZIPs w/the demographics would hold up better. These are not minor declines any more, IMO.February 25, 2011 at 9:35 AM #671100Participantpem – did you see 1824 Puterbaugh reduced to 605k? Quite a bit of price variations. I was surprised when it initially listed for 500k, pending simultaneoulsy. I think I like this one better than 1802 Puterbaugh which sold for 650k, 350k less than LP.
February 25, 2011 at 9:35 AM #671162Participantpem – did you see 1824 Puterbaugh reduced to 605k? Quite a bit of price variations. I was surprised when it initially listed for 500k, pending simultaneoulsy. I think I like this one better than 1802 Puterbaugh which sold for 650k, 350k less than LP.
February 25, 2011 at 9:35 AM #671771Participantpem – did you see 1824 Puterbaugh reduced to 605k? Quite a bit of price variations. I was surprised when it initially listed for 500k, pending simultaneoulsy. I think I like this one better than 1802 Puterbaugh which sold for 650k, 350k less than LP.
February 25, 2011 at 9:35 AM #671910Participantpem – did you see 1824 Puterbaugh reduced to 605k? Quite a bit of price variations. I was surprised when it initially listed for 500k, pending simultaneoulsy. I think I like this one better than 1802 Puterbaugh which sold for 650k, 350k less than LP.
February 25, 2011 at 9:35 AM #672255Participantpem – did you see 1824 Puterbaugh reduced to 605k? Quite a bit of price variations. I was surprised when it initially listed for 500k, pending simultaneoulsy. I think I like this one better than 1802 Puterbaugh which sold for 650k, 350k less than LP.
February 25, 2011 at 12:06 PM #671181pemeliza
ParticipantBoth of those houses on Puterbaugh seem like good deals at those prices. The short sales definitely seem to be going through at a faster clip than they did a few years ago. Back when we bought in ’09 you pretty much had to buy a REO to get a good price 92103. That has obviously changed.
“And some ZIPs are still not seeing declines.”
Not many.
February 25, 2011 at 12:06 PM #671242ParticipantBoth of those houses on Puterbaugh seem like good deals at those prices. The short sales definitely seem to be going through at a faster clip than they did a few years ago. Back when we bought in ’09 you pretty much had to buy a REO to get a good price 92103. That has obviously changed.
“And some ZIPs are still not seeing declines.”
Not many.
February 25, 2011 at 12:06 PM #671851ParticipantBoth of those houses on Puterbaugh seem like good deals at those prices. The short sales definitely seem to be going through at a faster clip than they did a few years ago. Back when we bought in ’09 you pretty much had to buy a REO to get a good price 92103. That has obviously changed.
“And some ZIPs are still not seeing declines.”
Not many.
February 25, 2011 at 12:06 PM #671990ParticipantBoth of those houses on Puterbaugh seem like good deals at those prices. The short sales definitely seem to be going through at a faster clip than they did a few years ago. Back when we bought in ’09 you pretty much had to buy a REO to get a good price 92103. That has obviously changed.
“And some ZIPs are still not seeing declines.”
Not many.
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