Home › Forums › Closed Forums › Properties or Areas › Point Loma Liberty Station prices falling
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AuthorPosts
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May 7, 2008 at 9:06 PM #201031May 8, 2008 at 7:38 AM #201159
Trojan4Life
ParticipantMy wife and I looked at resales in LS
They are right on top of each other, have a very expensive mello roos and HOA, there were no kids to speak of in the neighborhood, you are next door to military housing (I’m military for the next 6 days, so I’m not casting stones). Back in late 2006 there were three or so houses for sale on the same small street and one was in the mid-high $700s. They were desparate to sell because they couldn’t sell their home in Michigan.
These homes, in the flight path of Lindberg and in a crappy school district, aren’t worth much more than $400K
Trojan4life
May 8, 2008 at 7:38 AM #201203Trojan4Life
ParticipantMy wife and I looked at resales in LS
They are right on top of each other, have a very expensive mello roos and HOA, there were no kids to speak of in the neighborhood, you are next door to military housing (I’m military for the next 6 days, so I’m not casting stones). Back in late 2006 there were three or so houses for sale on the same small street and one was in the mid-high $700s. They were desparate to sell because they couldn’t sell their home in Michigan.
These homes, in the flight path of Lindberg and in a crappy school district, aren’t worth much more than $400K
Trojan4life
May 8, 2008 at 7:38 AM #201232Trojan4Life
ParticipantMy wife and I looked at resales in LS
They are right on top of each other, have a very expensive mello roos and HOA, there were no kids to speak of in the neighborhood, you are next door to military housing (I’m military for the next 6 days, so I’m not casting stones). Back in late 2006 there were three or so houses for sale on the same small street and one was in the mid-high $700s. They were desparate to sell because they couldn’t sell their home in Michigan.
These homes, in the flight path of Lindberg and in a crappy school district, aren’t worth much more than $400K
Trojan4life
May 8, 2008 at 7:38 AM #201255Trojan4Life
ParticipantMy wife and I looked at resales in LS
They are right on top of each other, have a very expensive mello roos and HOA, there were no kids to speak of in the neighborhood, you are next door to military housing (I’m military for the next 6 days, so I’m not casting stones). Back in late 2006 there were three or so houses for sale on the same small street and one was in the mid-high $700s. They were desparate to sell because they couldn’t sell their home in Michigan.
These homes, in the flight path of Lindberg and in a crappy school district, aren’t worth much more than $400K
Trojan4life
May 8, 2008 at 7:38 AM #201290Trojan4Life
ParticipantMy wife and I looked at resales in LS
They are right on top of each other, have a very expensive mello roos and HOA, there were no kids to speak of in the neighborhood, you are next door to military housing (I’m military for the next 6 days, so I’m not casting stones). Back in late 2006 there were three or so houses for sale on the same small street and one was in the mid-high $700s. They were desparate to sell because they couldn’t sell their home in Michigan.
These homes, in the flight path of Lindberg and in a crappy school district, aren’t worth much more than $400K
Trojan4life
May 20, 2008 at 5:01 PM #208573zzz
ParticipantInteresting – this house is pending.
http://www.sdlookup.com/MLS-081028560-2887_Farragut_Rd_San_Diego_CA_92106
The house down the street is still asking $924-$945
May 20, 2008 at 5:01 PM #208631zzz
ParticipantInteresting – this house is pending.
http://www.sdlookup.com/MLS-081028560-2887_Farragut_Rd_San_Diego_CA_92106
The house down the street is still asking $924-$945
May 20, 2008 at 5:01 PM #208660zzz
ParticipantInteresting – this house is pending.
http://www.sdlookup.com/MLS-081028560-2887_Farragut_Rd_San_Diego_CA_92106
The house down the street is still asking $924-$945
May 20, 2008 at 5:01 PM #208684zzz
ParticipantInteresting – this house is pending.
http://www.sdlookup.com/MLS-081028560-2887_Farragut_Rd_San_Diego_CA_92106
The house down the street is still asking $924-$945
May 20, 2008 at 5:01 PM #208717zzz
ParticipantInteresting – this house is pending.
http://www.sdlookup.com/MLS-081028560-2887_Farragut_Rd_San_Diego_CA_92106
The house down the street is still asking $924-$945
May 20, 2008 at 6:24 PM #208791meadandale
Participant“Outside of the land, MCM received no government assistance to complete the project.”
Oh sure, hundreds of millions of dollars in prime point loma real estate would be considered ‘no government assistance’ in anyone’s book.
I’m sure they were taking it in the shorts selling cookie cutter townhomes on tiny lots for a close to a million a piece on free land.
I’m sure that all the people working for Corky as well as all of the government shills that were able to get property in LS for below market value are really happy about the project. For everyone else, including the tax payers, it was one gigantic and indefensible government giveaway.
May 20, 2008 at 6:24 PM #208759meadandale
Participant“Outside of the land, MCM received no government assistance to complete the project.”
Oh sure, hundreds of millions of dollars in prime point loma real estate would be considered ‘no government assistance’ in anyone’s book.
I’m sure they were taking it in the shorts selling cookie cutter townhomes on tiny lots for a close to a million a piece on free land.
I’m sure that all the people working for Corky as well as all of the government shills that were able to get property in LS for below market value are really happy about the project. For everyone else, including the tax payers, it was one gigantic and indefensible government giveaway.
May 20, 2008 at 6:24 PM #208705meadandale
Participant“Outside of the land, MCM received no government assistance to complete the project.”
Oh sure, hundreds of millions of dollars in prime point loma real estate would be considered ‘no government assistance’ in anyone’s book.
I’m sure they were taking it in the shorts selling cookie cutter townhomes on tiny lots for a close to a million a piece on free land.
I’m sure that all the people working for Corky as well as all of the government shills that were able to get property in LS for below market value are really happy about the project. For everyone else, including the tax payers, it was one gigantic and indefensible government giveaway.
May 20, 2008 at 6:24 PM #208648meadandale
Participant“Outside of the land, MCM received no government assistance to complete the project.”
Oh sure, hundreds of millions of dollars in prime point loma real estate would be considered ‘no government assistance’ in anyone’s book.
I’m sure they were taking it in the shorts selling cookie cutter townhomes on tiny lots for a close to a million a piece on free land.
I’m sure that all the people working for Corky as well as all of the government shills that were able to get property in LS for below market value are really happy about the project. For everyone else, including the tax payers, it was one gigantic and indefensible government giveaway.
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