Home › Forums › Closed Forums › Properties or Areas › more high end devastation in Encinitas
- This topic has 100 replies, 9 voices, and was last updated 15 years, 1 month ago by
pemeliza.
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November 13, 2009 at 12:57 PM #483304November 13, 2009 at 2:33 PM #482505
sdrealtor
ParticipantBrian,
Yes I was referring to #1717. They owed alot and would have had a tough time getting out last year also. I dont know whether its as much of a shocking reset in expectations as opposed to a capitulation that they are up a creek without a paddle and need top get out at whatever the market will bear at the moment.November 13, 2009 at 2:33 PM #482675ParticipantBrian,
Yes I was referring to #1717. They owed alot and would have had a tough time getting out last year also. I dont know whether its as much of a shocking reset in expectations as opposed to a capitulation that they are up a creek without a paddle and need top get out at whatever the market will bear at the moment.November 13, 2009 at 2:33 PM #483041ParticipantBrian,
Yes I was referring to #1717. They owed alot and would have had a tough time getting out last year also. I dont know whether its as much of a shocking reset in expectations as opposed to a capitulation that they are up a creek without a paddle and need top get out at whatever the market will bear at the moment.November 13, 2009 at 2:33 PM #483123ParticipantBrian,
Yes I was referring to #1717. They owed alot and would have had a tough time getting out last year also. I dont know whether its as much of a shocking reset in expectations as opposed to a capitulation that they are up a creek without a paddle and need top get out at whatever the market will bear at the moment.November 13, 2009 at 2:33 PM #483349ParticipantBrian,
Yes I was referring to #1717. They owed alot and would have had a tough time getting out last year also. I dont know whether its as much of a shocking reset in expectations as opposed to a capitulation that they are up a creek without a paddle and need top get out at whatever the market will bear at the moment.November 13, 2009 at 2:49 PM #482524pemeliza
Participant“My wife and I have had our eye on a few nicer ones there as well but the 800s and above are sticky still.”
SD Realtor, we did look hard at Poway. Our interest was in Green Valley Highlands. There was a foreclosure up there on Orchard Gate in the 8’s.
http://www.sdlookup.com/Property-5EDE58A1-13672_Orchard_Gate_Rd_Poway_CA_92064
We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
November 13, 2009 at 2:49 PM #482695Participant“My wife and I have had our eye on a few nicer ones there as well but the 800s and above are sticky still.”
SD Realtor, we did look hard at Poway. Our interest was in Green Valley Highlands. There was a foreclosure up there on Orchard Gate in the 8’s.
http://www.sdlookup.com/Property-5EDE58A1-13672_Orchard_Gate_Rd_Poway_CA_92064
We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
November 13, 2009 at 2:49 PM #483061Participant“My wife and I have had our eye on a few nicer ones there as well but the 800s and above are sticky still.”
SD Realtor, we did look hard at Poway. Our interest was in Green Valley Highlands. There was a foreclosure up there on Orchard Gate in the 8’s.
http://www.sdlookup.com/Property-5EDE58A1-13672_Orchard_Gate_Rd_Poway_CA_92064
We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
November 13, 2009 at 2:49 PM #483143Participant“My wife and I have had our eye on a few nicer ones there as well but the 800s and above are sticky still.”
SD Realtor, we did look hard at Poway. Our interest was in Green Valley Highlands. There was a foreclosure up there on Orchard Gate in the 8’s.
http://www.sdlookup.com/Property-5EDE58A1-13672_Orchard_Gate_Rd_Poway_CA_92064
We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
November 13, 2009 at 2:49 PM #483368Participant“My wife and I have had our eye on a few nicer ones there as well but the 800s and above are sticky still.”
SD Realtor, we did look hard at Poway. Our interest was in Green Valley Highlands. There was a foreclosure up there on Orchard Gate in the 8’s.
http://www.sdlookup.com/Property-5EDE58A1-13672_Orchard_Gate_Rd_Poway_CA_92064
We were hopeful that the foreclosure would bring down prices but it didn’t have much of an effect. We were hoping to buy something up there on a nicer lot for around 750-800k but a fixer. When a fixer did come up, it was priced like a showpiece and the seller didn’t want to budge. There are some other short sales in the area but overall I don’t get the feeling that there is enough distress up there yet. Maybe you can find something up there in your price range if you are patient. I don’t think you can go wrong with that ‘hood. Being up high helps with the heat and the schools are great. I think the lower elevation parts of Green Valley have better deals but I don’t think we could have handled the heat.
November 13, 2009 at 3:29 PM #482554SD Realtor
ParticipantHi Pem –
Yes I know of which home you speak. It seemed that things we moving downward there but that movement has pretty much stopped which stinks.
November 13, 2009 at 3:29 PM #482724ParticipantHi Pem –
Yes I know of which home you speak. It seemed that things we moving downward there but that movement has pretty much stopped which stinks.
November 13, 2009 at 3:29 PM #483091ParticipantHi Pem –
Yes I know of which home you speak. It seemed that things we moving downward there but that movement has pretty much stopped which stinks.
November 13, 2009 at 3:29 PM #483173ParticipantHi Pem –
Yes I know of which home you speak. It seemed that things we moving downward there but that movement has pretty much stopped which stinks.
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