Monster Price Drops

[temeculaguy]

Thanks stockstradr, I’m kinda proud of it but truth be told I make up theories all the time, most are crap, this one seems to have legs. Most of my epiphanies occur while on the last few inches of a nice bottle of wine, so for the love of god, don’t base any actual life decisions on my ramblings. The search engine on this site has needs help, I couldn’t find the first time I posted it but if I had to guess it was before the dollar fell apart and I was in a bordeaux phase.

[jpinpb]

I think the popcorn theory is making sense. I’m noticing some declines in areas I wouldn’t expect. The less desireable areas would get hit the hardest, condos tend to lead the way. Here’s one, though probably not anything anyone here would be interested in, but just to show, that’s an impressive drop. 52% on this one:

Bank owned. No kitchen or bathroom sink. Was on the market since 12/31/2007.

Sold Price: $160k.
At peak 10/11/2006 sold for $332k

2556 Chicago St #41
Beds/Baths: 1 / 1

http://www.sdlookup.com/MLS-076096936-2556_Chicago_St_41_San_Diego_CA_92110

[jpinpb]

I think the popcorn theory is making sense. I’m noticing some declines in areas I wouldn’t expect. The less desireable areas would get hit the hardest, condos tend to lead the way. Here’s one, though probably not anything anyone here would be interested in, but just to show, that’s an impressive drop. 52% on this one:

Bank owned. No kitchen or bathroom sink. Was on the market since 12/31/2007.

Sold Price: $160k.
At peak 10/11/2006 sold for $332k

2556 Chicago St #41
Beds/Baths: 1 / 1

http://www.sdlookup.com/MLS-076096936-2556_Chicago_St_41_San_Diego_CA_92110

[jpinpb]

I think the popcorn theory is making sense. I’m noticing some declines in areas I wouldn’t expect. The less desireable areas would get hit the hardest, condos tend to lead the way. Here’s one, though probably not anything anyone here would be interested in, but just to show, that’s an impressive drop. 52% on this one:

Bank owned. No kitchen or bathroom sink. Was on the market since 12/31/2007.

Sold Price: $160k.
At peak 10/11/2006 sold for $332k

2556 Chicago St #41
Beds/Baths: 1 / 1

http://www.sdlookup.com/MLS-076096936-2556_Chicago_St_41_San_Diego_CA_92110

[jpinpb]

I think the popcorn theory is making sense. I’m noticing some declines in areas I wouldn’t expect. The less desireable areas would get hit the hardest, condos tend to lead the way. Here’s one, though probably not anything anyone here would be interested in, but just to show, that’s an impressive drop. 52% on this one:

Bank owned. No kitchen or bathroom sink. Was on the market since 12/31/2007.

Sold Price: $160k.
At peak 10/11/2006 sold for $332k

2556 Chicago St #41
Beds/Baths: 1 / 1

http://www.sdlookup.com/MLS-076096936-2556_Chicago_St_41_San_Diego_CA_92110

[jpinpb]

I think the popcorn theory is making sense. I’m noticing some declines in areas I wouldn’t expect. The less desireable areas would get hit the hardest, condos tend to lead the way. Here’s one, though probably not anything anyone here would be interested in, but just to show, that’s an impressive drop. 52% on this one:

Bank owned. No kitchen or bathroom sink. Was on the market since 12/31/2007.

Sold Price: $160k.
At peak 10/11/2006 sold for $332k

2556 Chicago St #41
Beds/Baths: 1 / 1

http://www.sdlookup.com/MLS-076096936-2556_Chicago_St_41_San_Diego_CA_92110

[Ex-SD]

Golfgal:

Date————–Price——-Held
03/14/2008—$600,000—-2y–4 months
10/24/2005—$848,000—-3y
10/10/2002—$642,000—-2y 11m
11/10/1999—$450,000—-2y-2m
08/20/1997—$339,000—n/a –

[Ex-SD]

Golfgal:

Date————–Price——-Held
03/14/2008—$600,000—-2y–4 months
10/24/2005—$848,000—-3y
10/10/2002—$642,000—-2y 11m
11/10/1999—$450,000—-2y-2m
08/20/1997—$339,000—n/a –

[Ex-SD]

Golfgal:

Date————–Price——-Held
03/14/2008—$600,000—-2y–4 months
10/24/2005—$848,000—-3y
10/10/2002—$642,000—-2y 11m
11/10/1999—$450,000—-2y-2m
08/20/1997—$339,000—n/a –

[Ex-SD]

Golfgal:

Date————–Price——-Held
03/14/2008—$600,000—-2y–4 months
10/24/2005—$848,000—-3y
10/10/2002—$642,000—-2y 11m
11/10/1999—$450,000—-2y-2m
08/20/1997—$339,000—n/a –

[Ex-SD]

Golfgal:

Date————–Price——-Held
03/14/2008—$600,000—-2y–4 months
10/24/2005—$848,000—-3y
10/10/2002—$642,000—-2y 11m
11/10/1999—$450,000—-2y-2m
08/20/1997—$339,000—n/a –

[zzz]

Thanks Ex-SD. Anyone know the details of this sale, condition of home? At a 29% drop, its good to see the popcorn theory is indeed working and gives hope that more “desirable” areas will become affordable sooner.

[zzz]

Thanks Ex-SD. Anyone know the details of this sale, condition of home? At a 29% drop, its good to see the popcorn theory is indeed working and gives hope that more “desirable” areas will become affordable sooner.

[zzz]

Thanks Ex-SD. Anyone know the details of this sale, condition of home? At a 29% drop, its good to see the popcorn theory is indeed working and gives hope that more “desirable” areas will become affordable sooner.

[zzz]

Thanks Ex-SD. Anyone know the details of this sale, condition of home? At a 29% drop, its good to see the popcorn theory is indeed working and gives hope that more “desirable” areas will become affordable sooner.

[Author]

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