Opinion requested on 92104 South Park Area – please

[sdcellar]

It didn’t used to be, at least not at a PPSF-level. (or actually it maybe kind of was, but nothing in comparison to today.)

What a sad way to piss away the best interest rates of our lifetimes. It’ll be very interesting to see how this turns out in the long run.

[sdrealtor]

I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.

I bought a townhouse in Encinitas in 1997 within 10% of the bottom value in the last cycle when people say prices were reasonable around here. I came from a bigger city on the east coast, lived in a higher income area with better schools than we have here and wages were higher there. I found prices to be about double here for comparable properties.

[sdrealtor]

I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.

I bought a townhouse in Encinitas in 1997 within 10% of the bottom value in the last cycle when people say prices were reasonable around here. I came from a bigger city on the east coast, lived in a higher income area with better schools than we have here and wages were higher there. I found prices to be about double here for comparable properties.

[sdrealtor]

I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.

I bought a townhouse in Encinitas in 1997 within 10% of the bottom value in the last cycle when people say prices were reasonable around here. I came from a bigger city on the east coast, lived in a higher income area with better schools than we have here and wages were higher there. I found prices to be about double here for comparable properties.

[sdrealtor]

I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.

I bought a townhouse in Encinitas in 1997 within 10% of the bottom value in the last cycle when people say prices were reasonable around here. I came from a bigger city on the east coast, lived in a higher income area with better schools than we have here and wages were higher there. I found prices to be about double here for comparable properties.

[sdrealtor]

I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.

I bought a townhouse in Encinitas in 1997 within 10% of the bottom value in the last cycle when people say prices were reasonable around here. I came from a bigger city on the east coast, lived in a higher income area with better schools than we have here and wages were higher there. I found prices to be about double here for comparable properties.

[jpinpb]

I have no doubt it will sell at that price or maybe higher. But I just can’t bring myself to do it. I’m not going off the cliff w/all the other lemmings. I didn’t do it during the bubble. (damn – look what good that did me. I could be living for free)

If I have to rent until I’m in a nursing home, well, so be it. At least I can still live here and enjoy San Diego w/out being a broke mortgage slave.

I still have hope and will still look and probably still continue to be disappointed by sales that make me shake my head.

As I said to sdr, from what I’m seeing, anything under 500k is very active. Makes me think affordability, but sdr does not think so. But it seems anything over 600-700k and up is on the market a lot longer. At least in the ZIPs I’m watching. I see a lot of re-lists, changing MLS #s and BOM from pendings.

So maybe I’ll just keep saving and try the next price up.

From what I’ve been reading, there were many people that took advantage of the credits. Remains to be seen what will happen once that’s all gone. I hear the California credit is drying up.

[jpinpb]

I have no doubt it will sell at that price or maybe higher. But I just can’t bring myself to do it. I’m not going off the cliff w/all the other lemmings. I didn’t do it during the bubble. (damn – look what good that did me. I could be living for free)

If I have to rent until I’m in a nursing home, well, so be it. At least I can still live here and enjoy San Diego w/out being a broke mortgage slave.

I still have hope and will still look and probably still continue to be disappointed by sales that make me shake my head.

As I said to sdr, from what I’m seeing, anything under 500k is very active. Makes me think affordability, but sdr does not think so. But it seems anything over 600-700k and up is on the market a lot longer. At least in the ZIPs I’m watching. I see a lot of re-lists, changing MLS #s and BOM from pendings.

So maybe I’ll just keep saving and try the next price up.

From what I’ve been reading, there were many people that took advantage of the credits. Remains to be seen what will happen once that’s all gone. I hear the California credit is drying up.

[jpinpb]

I have no doubt it will sell at that price or maybe higher. But I just can’t bring myself to do it. I’m not going off the cliff w/all the other lemmings. I didn’t do it during the bubble. (damn – look what good that did me. I could be living for free)

If I have to rent until I’m in a nursing home, well, so be it. At least I can still live here and enjoy San Diego w/out being a broke mortgage slave.

I still have hope and will still look and probably still continue to be disappointed by sales that make me shake my head.

As I said to sdr, from what I’m seeing, anything under 500k is very active. Makes me think affordability, but sdr does not think so. But it seems anything over 600-700k and up is on the market a lot longer. At least in the ZIPs I’m watching. I see a lot of re-lists, changing MLS #s and BOM from pendings.

So maybe I’ll just keep saving and try the next price up.

From what I’ve been reading, there were many people that took advantage of the credits. Remains to be seen what will happen once that’s all gone. I hear the California credit is drying up.

[jpinpb]

I have no doubt it will sell at that price or maybe higher. But I just can’t bring myself to do it. I’m not going off the cliff w/all the other lemmings. I didn’t do it during the bubble. (damn – look what good that did me. I could be living for free)

If I have to rent until I’m in a nursing home, well, so be it. At least I can still live here and enjoy San Diego w/out being a broke mortgage slave.

I still have hope and will still look and probably still continue to be disappointed by sales that make me shake my head.

As I said to sdr, from what I’m seeing, anything under 500k is very active. Makes me think affordability, but sdr does not think so. But it seems anything over 600-700k and up is on the market a lot longer. At least in the ZIPs I’m watching. I see a lot of re-lists, changing MLS #s and BOM from pendings.

So maybe I’ll just keep saving and try the next price up.

From what I’ve been reading, there were many people that took advantage of the credits. Remains to be seen what will happen once that’s all gone. I hear the California credit is drying up.

[jpinpb]

I have no doubt it will sell at that price or maybe higher. But I just can’t bring myself to do it. I’m not going off the cliff w/all the other lemmings. I didn’t do it during the bubble. (damn – look what good that did me. I could be living for free)

If I have to rent until I’m in a nursing home, well, so be it. At least I can still live here and enjoy San Diego w/out being a broke mortgage slave.

I still have hope and will still look and probably still continue to be disappointed by sales that make me shake my head.

As I said to sdr, from what I’m seeing, anything under 500k is very active. Makes me think affordability, but sdr does not think so. But it seems anything over 600-700k and up is on the market a lot longer. At least in the ZIPs I’m watching. I see a lot of re-lists, changing MLS #s and BOM from pendings.

So maybe I’ll just keep saving and try the next price up.

From what I’ve been reading, there were many people that took advantage of the credits. Remains to be seen what will happen once that’s all gone. I hear the California credit is drying up.

[jpinpb]

[quote=sdrealtor]I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.
[/quote]

I don’t think it was always expensive. I bought my place in Carmel Valley in 1991 w/my median income. Couldn’t do it today, though.

[jpinpb]

[quote=sdrealtor]I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.
[/quote]

I don’t think it was always expensive. I bought my place in Carmel Valley in 1991 w/my median income. Couldn’t do it today, though.

[jpinpb]

[quote=sdrealtor]I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.
[/quote]

I don’t think it was always expensive. I bought my place in Carmel Valley in 1991 w/my median income. Couldn’t do it today, though.

[jpinpb]

[quote=sdrealtor]I would disagree that it hasnt always been expensive here. Well maybe back in the 70’s but that was before this palce was even on the map to most Americans.
[/quote]

I don’t think it was always expensive. I bought my place in Carmel Valley in 1991 w/my median income. Couldn’t do it today, though.

[Author]

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