NR: Miro Circle, Scripps Ranch, town homes

[SD Realtor]

You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[sunny88]

[quote=SD Realtor]You have to be more specific Sunny. Are you talking about the 2 bedroom 1100 sf units or are you talking one of the bigger floorplans? I think you will see depreciation there but not falling off a cliff depreciation…. more like slow flatline stuff unless rates rise appreciably. Seems like a few of the active listings for the townhomes have some pretty long market times.[/quote]

I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?

[kcal09]

In my opinion the Miro condos are in high demand for renters and buying one of them at the current levels is a great investment if you keep them for at least 10 years.

[kcal09]

In my opinion the Miro condos are in high demand for renters and buying one of them at the current levels is a great investment if you keep them for at least 10 years.

[kcal09]

In my opinion the Miro condos are in high demand for renters and buying one of them at the current levels is a great investment if you keep them for at least 10 years.

[kcal09]

In my opinion the Miro condos are in high demand for renters and buying one of them at the current levels is a great investment if you keep them for at least 10 years.

[kcal09]

In my opinion the Miro condos are in high demand for renters and buying one of them at the current levels is a great investment if you keep them for at least 10 years.

[Scarlett]

[quote=sunny88]I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?[/quote]

No, I don’t think so. We put an offer spring 2004 on one of those and they were then ~500K. Add on top of it the relatively high MR+HOA combo. We weren’t then at the peak, but we were in full blown bubble still.

I don’t anything of that size in a good area is fairly priced unless it’s early 2003 prices at the most.

[Scarlett]

[quote=sunny88]I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?[/quote]

No, I don’t think so. We put an offer spring 2004 on one of those and they were then ~500K. Add on top of it the relatively high MR+HOA combo. We weren’t then at the peak, but we were in full blown bubble still.

I don’t anything of that size in a good area is fairly priced unless it’s early 2003 prices at the most.

[Scarlett]

[quote=sunny88]I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?[/quote]

No, I don’t think so. We put an offer spring 2004 on one of those and they were then ~500K. Add on top of it the relatively high MR+HOA combo. We weren’t then at the peak, but we were in full blown bubble still.

I don’t anything of that size in a good area is fairly priced unless it’s early 2003 prices at the most.

[Scarlett]

[quote=sunny88]I’m interested in the 3/3 1750 sqft units which sell in the high $400k range. Do you think they are fairly priced?[/quote]

No, I don’t think so. We put an offer spring 2004 on one of those and they were then ~500K. Add on top of it the relatively high MR+HOA combo. We weren’t then at the peak, but we were in full blown bubble still.

I don’t anything of that size in a good area is fairly priced unless it’s early 2003 prices at the most.

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