Pacific Beach market question

[ibjames]

I also wouldn’t base my judgement on one place. This could be one instance out of a 100 that actually had the stars line up and it sell at a high price.

You live in PB, drive around.. for sale signs everywhere.

That is not something that makes high prices sustainable. A lot of competition out there. PB’s rep hasn’t gotten any better either.

It is a place close to the ocean though, so the real dramtic declines I don’t think are happening there. It’s going to take some time for the wave of crap to fill it’s way down the streets.

Look at Mira Mesa, and some of the outskirts. For a while it seemed like San Diego wasn’t going to really decline much, only Temecula. We are seeing declines there now, it’s starting to make it’s way to other neighborhoods too. Don’t get distracted

[jpinpb]

Gosh, I wish I could say it was just this one place. I recently saw another POS on Chalcedony and one on Jewell. Both went pending. They were in the mid 600k range, thereabouts. Really old places that needed major upgrading. At least Emerald was upgraded. When I see these places sell, then I start to believe PB is immune, w/its bad rep and all.

[jpinpb]

Gosh, I wish I could say it was just this one place. I recently saw another POS on Chalcedony and one on Jewell. Both went pending. They were in the mid 600k range, thereabouts. Really old places that needed major upgrading. At least Emerald was upgraded. When I see these places sell, then I start to believe PB is immune, w/its bad rep and all.

[jpinpb]

Gosh, I wish I could say it was just this one place. I recently saw another POS on Chalcedony and one on Jewell. Both went pending. They were in the mid 600k range, thereabouts. Really old places that needed major upgrading. At least Emerald was upgraded. When I see these places sell, then I start to believe PB is immune, w/its bad rep and all.

[jpinpb]

Gosh, I wish I could say it was just this one place. I recently saw another POS on Chalcedony and one on Jewell. Both went pending. They were in the mid 600k range, thereabouts. Really old places that needed major upgrading. At least Emerald was upgraded. When I see these places sell, then I start to believe PB is immune, w/its bad rep and all.

[jpinpb]

Gosh, I wish I could say it was just this one place. I recently saw another POS on Chalcedony and one on Jewell. Both went pending. They were in the mid 600k range, thereabouts. Really old places that needed major upgrading. At least Emerald was upgraded. When I see these places sell, then I start to believe PB is immune, w/its bad rep and all.

[djc]

http://www.trulia.com/property/1051752031-1244-Thomas-Ave-San-Diego-CA-92109

nice 3/2 in PB. says house, not condo. 5 blks from beach, %545. Newer (for PB) 25 yr old house.

[djc]

http://www.trulia.com/property/1051752031-1244-Thomas-Ave-San-Diego-CA-92109

nice 3/2 in PB. says house, not condo. 5 blks from beach, %545. Newer (for PB) 25 yr old house.

[djc]

http://www.trulia.com/property/1051752031-1244-Thomas-Ave-San-Diego-CA-92109

nice 3/2 in PB. says house, not condo. 5 blks from beach, %545. Newer (for PB) 25 yr old house.

[djc]

http://www.trulia.com/property/1051752031-1244-Thomas-Ave-San-Diego-CA-92109

nice 3/2 in PB. says house, not condo. 5 blks from beach, %545. Newer (for PB) 25 yr old house.

[djc]

http://www.trulia.com/property/1051752031-1244-Thomas-Ave-San-Diego-CA-92109

nice 3/2 in PB. says house, not condo. 5 blks from beach, %545. Newer (for PB) 25 yr old house.

[Anonymous]

Submitted by jpinpb on March 13, 2008 – 6:52pm.

After reading “The housing bubble is over” thread, I’m more confused than ever and even depressed. I was thinking the bubble popped and the gov. trying to fill it w/air won’t work if there’s a hole. But some of what Diego was saying was making sense. Maybe the guy who bought Emerald was talking to Diego and that’s why it made sense to him.

jpi, you need to get off the emotional rollercoaster. Take a deep breath; you’ve seen a couple of houses sell at inflated prices, and you’re coming unglued. There will always be people (that means buyers) who do things that veer from the expected, things that don’t seem to make sense. That doesn’t mean the bottom has been reached in Pacific Beach. Do some research and you’ll probably feel a lot better.

[Anonymous]

Submitted by jpinpb on March 13, 2008 – 6:52pm.

After reading “The housing bubble is over” thread, I’m more confused than ever and even depressed. I was thinking the bubble popped and the gov. trying to fill it w/air won’t work if there’s a hole. But some of what Diego was saying was making sense. Maybe the guy who bought Emerald was talking to Diego and that’s why it made sense to him.

jpi, you need to get off the emotional rollercoaster. Take a deep breath; you’ve seen a couple of houses sell at inflated prices, and you’re coming unglued. There will always be people (that means buyers) who do things that veer from the expected, things that don’t seem to make sense. That doesn’t mean the bottom has been reached in Pacific Beach. Do some research and you’ll probably feel a lot better.

[Anonymous]

Submitted by jpinpb on March 13, 2008 – 6:52pm.

After reading “The housing bubble is over” thread, I’m more confused than ever and even depressed. I was thinking the bubble popped and the gov. trying to fill it w/air won’t work if there’s a hole. But some of what Diego was saying was making sense. Maybe the guy who bought Emerald was talking to Diego and that’s why it made sense to him.

jpi, you need to get off the emotional rollercoaster. Take a deep breath; you’ve seen a couple of houses sell at inflated prices, and you’re coming unglued. There will always be people (that means buyers) who do things that veer from the expected, things that don’t seem to make sense. That doesn’t mean the bottom has been reached in Pacific Beach. Do some research and you’ll probably feel a lot better.

[Anonymous]

Submitted by jpinpb on March 13, 2008 – 6:52pm.

After reading “The housing bubble is over” thread, I’m more confused than ever and even depressed. I was thinking the bubble popped and the gov. trying to fill it w/air won’t work if there’s a hole. But some of what Diego was saying was making sense. Maybe the guy who bought Emerald was talking to Diego and that’s why it made sense to him.

jpi, you need to get off the emotional rollercoaster. Take a deep breath; you’ve seen a couple of houses sell at inflated prices, and you’re coming unglued. There will always be people (that means buyers) who do things that veer from the expected, things that don’t seem to make sense. That doesn’t mean the bottom has been reached in Pacific Beach. Do some research and you’ll probably feel a lot better.

[Author]

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