No problem selling my home

[eyePod]

sdworker,
you have provided insufficient data. Please post price and house details.

[eyePod]

sdworker,
you have provided insufficient data. Please post price and house details.

[lendingbubblecontinues]

I’d imagine it was the “San Diego Chargers might make it to the Super Bowl effect” or it could have simply been one of those ever-elusive “greater fools”.

By chance, was/is the buyer 1st generation American (F.O.B.)?

[lendingbubblecontinues]

I’d imagine it was the “San Diego Chargers might make it to the Super Bowl effect” or it could have simply been one of those ever-elusive “greater fools”.

By chance, was/is the buyer 1st generation American (F.O.B.)?

[bsrsharma]

1st generation American (F.O.B.)?

Funny & beautiful at the same time. FOB considered 1st generation "American". Don’t you have to wait till he/she swears Oath of Allegiance to call him American?

[bsrsharma]

1st generation American (F.O.B.)?

Funny & beautiful at the same time. FOB considered 1st generation "American". Don’t you have to wait till he/she swears Oath of Allegiance to call him American?

[mydogsarelazy]

There are still places in SoCal where things are selling well.

A relative of mine sold a home last month in Hidden Hills/Calabasas for full price — $2.2mil — in about 15 days.

JS

[mydogsarelazy]

There are still places in SoCal where things are selling well.

A relative of mine sold a home last month in Hidden Hills/Calabasas for full price — $2.2mil — in about 15 days.

JS

[Eugene]

Housing will not magically fall off a cliff all at once, it will be more like a wave that travels inwards from peripheral regions.
Heavily overbuilt exurbs are first to feel the hurt. It’s already very bad in Hemet. Temecula and Murrieta are getting there. When Temecula gets to $100/sq ft, people will start thinking “hmm why should I pay $300/sq ft in Escondido or San Marcos when I can have 2x bigger house for less money in Riverside County?”, Temecula will start stabilizing, Escondido and San Marcos will start experiencing slow sales and falling prices, etc.

[Eugene]

Housing will not magically fall off a cliff all at once, it will be more like a wave that travels inwards from peripheral regions.
Heavily overbuilt exurbs are first to feel the hurt. It’s already very bad in Hemet. Temecula and Murrieta are getting there. When Temecula gets to $100/sq ft, people will start thinking “hmm why should I pay $300/sq ft in Escondido or San Marcos when I can have 2x bigger house for less money in Riverside County?”, Temecula will start stabilizing, Escondido and San Marcos will start experiencing slow sales and falling prices, etc.

[SD Realtor]

Torrey Highlands has held up well… However to say that it has not depreciated at all is a statement I disagree with. It certainly has held up better then many areas but I do recall seeing some falling prices compared to recent years past. I will post some of the sales data later today if I have time.

SD Realtor

[SD Realtor]

Torrey Highlands has held up well… However to say that it has not depreciated at all is a statement I disagree with. It certainly has held up better then many areas but I do recall seeing some falling prices compared to recent years past. I will post some of the sales data later today if I have time.

SD Realtor

[MANmom]

You obviously priced it right the first time…I just saw a house that had previously been on the market for over a year but was taken off the market after it did not sell. They kept it off for about a month, now it is relisted, still at the same price it did not sell at before. It is in Torrey Highlands, too. The right price will sell every time.

MANmom

[MANmom]

You obviously priced it right the first time…I just saw a house that had previously been on the market for over a year but was taken off the market after it did not sell. They kept it off for about a month, now it is relisted, still at the same price it did not sell at before. It is in Torrey Highlands, too. The right price will sell every time.

MANmom

[sdcellar]

sdworker— You know not of what you speak and are now conspicuously missing from this thread. I live in Torrey Highlands and have been following the area closely for over a year and I can say without a doubt that prices are DOWN relative to last year. Inventory is also at the highest point it’s been all year. As SD Realtor stated, it’s held up pretty well, but to characterize it as up (or even holding) is just plain wrong.

If you’re in escrow, good for you. Regardless of your actual understanding of your local market, you must have priced your home correctly. Either that, or you got lucky, and I’m sure that can still happen for nice clean newer homes in good areas.

[Author]

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