NORTH PARK (92104) SFAMILY HOMES NOW AT 2005 BUBBLE PRICING.

[sobmaz]

My hats off to Realtors, the Fed and our Democratic controlled Government, they have successfully reflated the housing bubble in growing parts of San Diego.

How high it goes is anyone’s guess but it will crash again someday. With the FED at war with Savers that someday might be after I die of old age.

As an example, recently I went through a slum house (very ugly curb view) that had some ceramic tile put in the bathroom, newly installed wood flooring that they must have got a great deal on because it was warped and oh, the house is next to a school football field. 2bed 2 bath 1300sq feet, 2 car garage and they are only asking 575,000!!!!

Yep, I voted Demo but there is no doubt in my mind the Government would be at war with savers weather Demo or Republicans are in office. How else could the bankers be bailed out?

By the way, I know the example I gave hasn’t sold yet but other houses are currently closing at late 2005 pricing.

[NotCranky]

The abbrevaition “SF” in the title to this thread stands for San Francisco now.

[NotCranky]

The abbrevaition “SF” in the title to this thread stands for San Francisco now.

[NotCranky]

The abbrevaition “SF” in the title to this thread stands for San Francisco now.

[NotCranky]

The abbrevaition “SF” in the title to this thread stands for San Francisco now.

[NotCranky]

The abbrevaition “SF” in the title to this thread stands for San Francisco now.

[mike92104]

Libertarian 2010!

[mike92104]

Libertarian 2010!

[mike92104]

Libertarian 2010!

[mike92104]

Libertarian 2010!

[mike92104]

Libertarian 2010!

[urbanrealtor]

Not looking at hard data as I write this but this is the area where I live and specialize in.

It seems that the SFRs in desirable uptown neighborhoods have a relatively less elastic demand curve than most of the county.

Prices there seem more like 2007 than 2005 but again I am not looking at data as I write this.

Simply put, prices don’t really need to drop there much for desire and easy lending to create effective demand.

Thats why anything with a second commode (like even in the garage) gets an extra 100k in value there.

[urbanrealtor]

Not looking at hard data as I write this but this is the area where I live and specialize in.

It seems that the SFRs in desirable uptown neighborhoods have a relatively less elastic demand curve than most of the county.

Prices there seem more like 2007 than 2005 but again I am not looking at data as I write this.

Simply put, prices don’t really need to drop there much for desire and easy lending to create effective demand.

Thats why anything with a second commode (like even in the garage) gets an extra 100k in value there.

[urbanrealtor]

Not looking at hard data as I write this but this is the area where I live and specialize in.

It seems that the SFRs in desirable uptown neighborhoods have a relatively less elastic demand curve than most of the county.

Prices there seem more like 2007 than 2005 but again I am not looking at data as I write this.

Simply put, prices don’t really need to drop there much for desire and easy lending to create effective demand.

Thats why anything with a second commode (like even in the garage) gets an extra 100k in value there.

[urbanrealtor]

Not looking at hard data as I write this but this is the area where I live and specialize in.

It seems that the SFRs in desirable uptown neighborhoods have a relatively less elastic demand curve than most of the county.

Prices there seem more like 2007 than 2005 but again I am not looking at data as I write this.

Simply put, prices don’t really need to drop there much for desire and easy lending to create effective demand.

Thats why anything with a second commode (like even in the garage) gets an extra 100k in value there.

[Author]

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