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sfexporter.
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May 2, 2009 at 9:12 AM #391639May 2, 2009 at 9:44 AM #391659
5yearwaiter
Participant[quote=SD Realtor]Because the builders are seeing strong demand. Two years ago they started a substantial slowdown. Now they have a much slower rollout of phases and the number of homes per phase is smaller now as well.
The resale inventory has also gone down further reducing the homes for people to choose from. The foreclosure moratorium is also reducing the foreclosure stock of homes.
Also as you can see the incentives are very poor as well. [/quote]
Where the money coming from to invest this much in housing? I believe now fewer folks trying to use the chance that is Fed giving (8k and 10K incentives) but still the situation would remain same – that keep knocking down economy further. Having this much house mortgage payments and having escalated commodities – we are not going to any way further. If I interpret correctly our Fed is indirectly trying to make everyone take some borrowing and keep paying a bit high back to them, so that they can show to everyone this is “our Economy”. But finally everyone knows how this end up.
May 2, 2009 at 9:44 AM #392325Participant[quote=SD Realtor]Because the builders are seeing strong demand. Two years ago they started a substantial slowdown. Now they have a much slower rollout of phases and the number of homes per phase is smaller now as well.
The resale inventory has also gone down further reducing the homes for people to choose from. The foreclosure moratorium is also reducing the foreclosure stock of homes.
Also as you can see the incentives are very poor as well. [/quote]
Where the money coming from to invest this much in housing? I believe now fewer folks trying to use the chance that is Fed giving (8k and 10K incentives) but still the situation would remain same – that keep knocking down economy further. Having this much house mortgage payments and having escalated commodities – we are not going to any way further. If I interpret correctly our Fed is indirectly trying to make everyone take some borrowing and keep paying a bit high back to them, so that they can show to everyone this is “our Economy”. But finally everyone knows how this end up.
May 2, 2009 at 9:44 AM #392133Participant[quote=SD Realtor]Because the builders are seeing strong demand. Two years ago they started a substantial slowdown. Now they have a much slower rollout of phases and the number of homes per phase is smaller now as well.
The resale inventory has also gone down further reducing the homes for people to choose from. The foreclosure moratorium is also reducing the foreclosure stock of homes.
Also as you can see the incentives are very poor as well. [/quote]
Where the money coming from to invest this much in housing? I believe now fewer folks trying to use the chance that is Fed giving (8k and 10K incentives) but still the situation would remain same – that keep knocking down economy further. Having this much house mortgage payments and having escalated commodities – we are not going to any way further. If I interpret correctly our Fed is indirectly trying to make everyone take some borrowing and keep paying a bit high back to them, so that they can show to everyone this is “our Economy”. But finally everyone knows how this end up.
May 2, 2009 at 9:44 AM #391922Participant[quote=SD Realtor]Because the builders are seeing strong demand. Two years ago they started a substantial slowdown. Now they have a much slower rollout of phases and the number of homes per phase is smaller now as well.
The resale inventory has also gone down further reducing the homes for people to choose from. The foreclosure moratorium is also reducing the foreclosure stock of homes.
Also as you can see the incentives are very poor as well. [/quote]
Where the money coming from to invest this much in housing? I believe now fewer folks trying to use the chance that is Fed giving (8k and 10K incentives) but still the situation would remain same – that keep knocking down economy further. Having this much house mortgage payments and having escalated commodities – we are not going to any way further. If I interpret correctly our Fed is indirectly trying to make everyone take some borrowing and keep paying a bit high back to them, so that they can show to everyone this is “our Economy”. But finally everyone knows how this end up.
May 2, 2009 at 9:44 AM #392185Participant[quote=SD Realtor]Because the builders are seeing strong demand. Two years ago they started a substantial slowdown. Now they have a much slower rollout of phases and the number of homes per phase is smaller now as well.
The resale inventory has also gone down further reducing the homes for people to choose from. The foreclosure moratorium is also reducing the foreclosure stock of homes.
Also as you can see the incentives are very poor as well. [/quote]
Where the money coming from to invest this much in housing? I believe now fewer folks trying to use the chance that is Fed giving (8k and 10K incentives) but still the situation would remain same – that keep knocking down economy further. Having this much house mortgage payments and having escalated commodities – we are not going to any way further. If I interpret correctly our Fed is indirectly trying to make everyone take some borrowing and keep paying a bit high back to them, so that they can show to everyone this is “our Economy”. But finally everyone knows how this end up.
May 12, 2009 at 8:49 AM #397436Anonymous
GuestMore new Pardee homes at reduced prices:
These 5 homes were originally part of the first scheduled release back in March or April of 2008. They cancelled that release and have now released these lots again. Below are the prices from 2008 and the prices from this year (all have the same model house on them now as they did then):
Lot 21 was 955,900 now 870,000
Lot 22 was 889,900 now 811,000
Lot 23 was 924,900 now 850,000
Lot 43 was 1,025,900 now 903,000 (originally included solar electricity).
Lot 44 was 950,900 now 873,000Possibly they haven’t lowered them enough, because they only sold two of the houses at this release. They sold 4 of them within a couple weeks of the release last year at the higher prices (all of which sales were cancelled).
May 12, 2009 at 8:49 AM #397639GuestMore new Pardee homes at reduced prices:
These 5 homes were originally part of the first scheduled release back in March or April of 2008. They cancelled that release and have now released these lots again. Below are the prices from 2008 and the prices from this year (all have the same model house on them now as they did then):
Lot 21 was 955,900 now 870,000
Lot 22 was 889,900 now 811,000
Lot 23 was 924,900 now 850,000
Lot 43 was 1,025,900 now 903,000 (originally included solar electricity).
Lot 44 was 950,900 now 873,000Possibly they haven’t lowered them enough, because they only sold two of the houses at this release. They sold 4 of them within a couple weeks of the release last year at the higher prices (all of which sales were cancelled).
May 12, 2009 at 8:49 AM #397495GuestMore new Pardee homes at reduced prices:
These 5 homes were originally part of the first scheduled release back in March or April of 2008. They cancelled that release and have now released these lots again. Below are the prices from 2008 and the prices from this year (all have the same model house on them now as they did then):
Lot 21 was 955,900 now 870,000
Lot 22 was 889,900 now 811,000
Lot 23 was 924,900 now 850,000
Lot 43 was 1,025,900 now 903,000 (originally included solar electricity).
Lot 44 was 950,900 now 873,000Possibly they haven’t lowered them enough, because they only sold two of the houses at this release. They sold 4 of them within a couple weeks of the release last year at the higher prices (all of which sales were cancelled).
May 12, 2009 at 8:49 AM #397213GuestMore new Pardee homes at reduced prices:
These 5 homes were originally part of the first scheduled release back in March or April of 2008. They cancelled that release and have now released these lots again. Below are the prices from 2008 and the prices from this year (all have the same model house on them now as they did then):
Lot 21 was 955,900 now 870,000
Lot 22 was 889,900 now 811,000
Lot 23 was 924,900 now 850,000
Lot 43 was 1,025,900 now 903,000 (originally included solar electricity).
Lot 44 was 950,900 now 873,000Possibly they haven’t lowered them enough, because they only sold two of the houses at this release. They sold 4 of them within a couple weeks of the release last year at the higher prices (all of which sales were cancelled).
May 12, 2009 at 8:49 AM #396965GuestMore new Pardee homes at reduced prices:
These 5 homes were originally part of the first scheduled release back in March or April of 2008. They cancelled that release and have now released these lots again. Below are the prices from 2008 and the prices from this year (all have the same model house on them now as they did then):
Lot 21 was 955,900 now 870,000
Lot 22 was 889,900 now 811,000
Lot 23 was 924,900 now 850,000
Lot 43 was 1,025,900 now 903,000 (originally included solar electricity).
Lot 44 was 950,900 now 873,000Possibly they haven’t lowered them enough, because they only sold two of the houses at this release. They sold 4 of them within a couple weeks of the release last year at the higher prices (all of which sales were cancelled).
May 12, 2009 at 11:01 AM #397674ybitz
ParticipantI was looking at some of the Del Sur houses, and it seems like the inventory is very low. Pasado are all sold out, and the builder is trying to get money to buy more lots. I imagine it’s similar for the other models.
Based on the macro-economics, the price should drop. But the government keeps instituting policies that prop prices up. At some point, many of us first-time buyers will probably get tired of waiting and capitulate 🙁May 12, 2009 at 11:01 AM #397394ParticipantI was looking at some of the Del Sur houses, and it seems like the inventory is very low. Pasado are all sold out, and the builder is trying to get money to buy more lots. I imagine it’s similar for the other models.
Based on the macro-economics, the price should drop. But the government keeps instituting policies that prop prices up. At some point, many of us first-time buyers will probably get tired of waiting and capitulate 🙁May 12, 2009 at 11:01 AM #397616ParticipantI was looking at some of the Del Sur houses, and it seems like the inventory is very low. Pasado are all sold out, and the builder is trying to get money to buy more lots. I imagine it’s similar for the other models.
Based on the macro-economics, the price should drop. But the government keeps instituting policies that prop prices up. At some point, many of us first-time buyers will probably get tired of waiting and capitulate 🙁May 12, 2009 at 11:01 AM #397818ParticipantI was looking at some of the Del Sur houses, and it seems like the inventory is very low. Pasado are all sold out, and the builder is trying to get money to buy more lots. I imagine it’s similar for the other models.
Based on the macro-economics, the price should drop. But the government keeps instituting policies that prop prices up. At some point, many of us first-time buyers will probably get tired of waiting and capitulate 🙁 -
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