Home › Forums › Closed Forums › Properties or Areas › Point Loma reducing a little
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briansd1.
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February 24, 2011 at 10:58 AM #671818February 24, 2011 at 11:04 AM #670680
bearishgurl
Participant[quote=jstoesz]S. Lake would be nice, but remember, you can buy a pretty sweet cabin off of echo summit (highway 50) for 100k (insulation is extra). I keep driving by these beauties, and I am starting to think I will by a cabin before I buy a house.[/quote]
It’s only $175-$250K to buy a house (for my requirements) in S. Lake. I would like being in town and on a bus route to the slope. I also would want to be on city sewer. And I don’t want to drive 45 mins just to ski and then have to park, ESP not up/down treacherous Hwy 50 regularly. I just want to get a season pass and ski whenever I can, however many hours I can that day and quit. I don’t want to feel like I have to get my “money’s worth” because of the trip there.
But Pt Loma is up there on my “retirement list,” too :=)
February 24, 2011 at 11:04 AM #670741bearishgurl
Participant[quote=jstoesz]S. Lake would be nice, but remember, you can buy a pretty sweet cabin off of echo summit (highway 50) for 100k (insulation is extra). I keep driving by these beauties, and I am starting to think I will by a cabin before I buy a house.[/quote]
It’s only $175-$250K to buy a house (for my requirements) in S. Lake. I would like being in town and on a bus route to the slope. I also would want to be on city sewer. And I don’t want to drive 45 mins just to ski and then have to park, ESP not up/down treacherous Hwy 50 regularly. I just want to get a season pass and ski whenever I can, however many hours I can that day and quit. I don’t want to feel like I have to get my “money’s worth” because of the trip there.
But Pt Loma is up there on my “retirement list,” too :=)
February 24, 2011 at 11:04 AM #671349bearishgurl
Participant[quote=jstoesz]S. Lake would be nice, but remember, you can buy a pretty sweet cabin off of echo summit (highway 50) for 100k (insulation is extra). I keep driving by these beauties, and I am starting to think I will by a cabin before I buy a house.[/quote]
It’s only $175-$250K to buy a house (for my requirements) in S. Lake. I would like being in town and on a bus route to the slope. I also would want to be on city sewer. And I don’t want to drive 45 mins just to ski and then have to park, ESP not up/down treacherous Hwy 50 regularly. I just want to get a season pass and ski whenever I can, however many hours I can that day and quit. I don’t want to feel like I have to get my “money’s worth” because of the trip there.
But Pt Loma is up there on my “retirement list,” too :=)
February 24, 2011 at 11:04 AM #671489bearishgurl
Participant[quote=jstoesz]S. Lake would be nice, but remember, you can buy a pretty sweet cabin off of echo summit (highway 50) for 100k (insulation is extra). I keep driving by these beauties, and I am starting to think I will by a cabin before I buy a house.[/quote]
It’s only $175-$250K to buy a house (for my requirements) in S. Lake. I would like being in town and on a bus route to the slope. I also would want to be on city sewer. And I don’t want to drive 45 mins just to ski and then have to park, ESP not up/down treacherous Hwy 50 regularly. I just want to get a season pass and ski whenever I can, however many hours I can that day and quit. I don’t want to feel like I have to get my “money’s worth” because of the trip there.
But Pt Loma is up there on my “retirement list,” too :=)
February 24, 2011 at 11:04 AM #671833bearishgurl
Participant[quote=jstoesz]S. Lake would be nice, but remember, you can buy a pretty sweet cabin off of echo summit (highway 50) for 100k (insulation is extra). I keep driving by these beauties, and I am starting to think I will by a cabin before I buy a house.[/quote]
It’s only $175-$250K to buy a house (for my requirements) in S. Lake. I would like being in town and on a bus route to the slope. I also would want to be on city sewer. And I don’t want to drive 45 mins just to ski and then have to park, ESP not up/down treacherous Hwy 50 regularly. I just want to get a season pass and ski whenever I can, however many hours I can that day and quit. I don’t want to feel like I have to get my “money’s worth” because of the trip there.
But Pt Loma is up there on my “retirement list,” too :=)
February 25, 2011 at 1:23 AM #670970jstoesz
ParticipantThe Brow of Lovers Leap, right off of echo pass
February 25, 2011 at 1:23 AM #671031jstoesz
ParticipantThe Brow of Lovers Leap, right off of echo pass
February 25, 2011 at 1:23 AM #671641jstoesz
ParticipantThe Brow of Lovers Leap, right off of echo pass
February 25, 2011 at 1:23 AM #671780jstoesz
ParticipantThe Brow of Lovers Leap, right off of echo pass
February 25, 2011 at 1:23 AM #672124jstoesz
ParticipantThe Brow of Lovers Leap, right off of echo pass
March 7, 2011 at 4:26 PM #674558jpinpb
ParticipantSo maybe some of you set an alert on it, but if not, 3112 Curtis sold for 340k, PPSF: $222. I think it is a very good deal.
I was discussing w/DH the surprising reductions I’ve been seeing in 92106, 92103 and lately even some in 92109. I really think when you are at 30% off peak prices in areas that just a year or two were appearing healthy, it shows how precarious this market is. I mean, think about this. We still have fairly low rates, even if they’re slightly going up. We have had major government intervention in the way of HAMP, TARP, bailouts, tax credits, extend and pretend, kicking the can, delays and procrastinations, trickling in of inventory, hiding the pea under the shell, not filing NODs, not foreclosing, etc, etc. A massive amount of effort to prop up this market, pumping endless blood trying to keep this patient alive.
Even after ALL that, we are still seeing 30% off in certain places. And how can we think it’s bottom? I mean certainly areas like Temecula and Chula Vista, Escondido, Oceanside and the like have seen 50% and are probably back to pre-bubble 2000 pricing. But so many areas have not come close to seeing that. Only lately now they are showing some significant reductions. Have we resolved all the NODs and REOs and foreclosures in the pipeline? Are unemployment numbers so stellar that people are getting multiple call backs?
March 7, 2011 at 4:26 PM #674615jpinpb
ParticipantSo maybe some of you set an alert on it, but if not, 3112 Curtis sold for 340k, PPSF: $222. I think it is a very good deal.
I was discussing w/DH the surprising reductions I’ve been seeing in 92106, 92103 and lately even some in 92109. I really think when you are at 30% off peak prices in areas that just a year or two were appearing healthy, it shows how precarious this market is. I mean, think about this. We still have fairly low rates, even if they’re slightly going up. We have had major government intervention in the way of HAMP, TARP, bailouts, tax credits, extend and pretend, kicking the can, delays and procrastinations, trickling in of inventory, hiding the pea under the shell, not filing NODs, not foreclosing, etc, etc. A massive amount of effort to prop up this market, pumping endless blood trying to keep this patient alive.
Even after ALL that, we are still seeing 30% off in certain places. And how can we think it’s bottom? I mean certainly areas like Temecula and Chula Vista, Escondido, Oceanside and the like have seen 50% and are probably back to pre-bubble 2000 pricing. But so many areas have not come close to seeing that. Only lately now they are showing some significant reductions. Have we resolved all the NODs and REOs and foreclosures in the pipeline? Are unemployment numbers so stellar that people are getting multiple call backs?
March 7, 2011 at 4:26 PM #675229jpinpb
ParticipantSo maybe some of you set an alert on it, but if not, 3112 Curtis sold for 340k, PPSF: $222. I think it is a very good deal.
I was discussing w/DH the surprising reductions I’ve been seeing in 92106, 92103 and lately even some in 92109. I really think when you are at 30% off peak prices in areas that just a year or two were appearing healthy, it shows how precarious this market is. I mean, think about this. We still have fairly low rates, even if they’re slightly going up. We have had major government intervention in the way of HAMP, TARP, bailouts, tax credits, extend and pretend, kicking the can, delays and procrastinations, trickling in of inventory, hiding the pea under the shell, not filing NODs, not foreclosing, etc, etc. A massive amount of effort to prop up this market, pumping endless blood trying to keep this patient alive.
Even after ALL that, we are still seeing 30% off in certain places. And how can we think it’s bottom? I mean certainly areas like Temecula and Chula Vista, Escondido, Oceanside and the like have seen 50% and are probably back to pre-bubble 2000 pricing. But so many areas have not come close to seeing that. Only lately now they are showing some significant reductions. Have we resolved all the NODs and REOs and foreclosures in the pipeline? Are unemployment numbers so stellar that people are getting multiple call backs?
March 7, 2011 at 4:26 PM #675365jpinpb
ParticipantSo maybe some of you set an alert on it, but if not, 3112 Curtis sold for 340k, PPSF: $222. I think it is a very good deal.
I was discussing w/DH the surprising reductions I’ve been seeing in 92106, 92103 and lately even some in 92109. I really think when you are at 30% off peak prices in areas that just a year or two were appearing healthy, it shows how precarious this market is. I mean, think about this. We still have fairly low rates, even if they’re slightly going up. We have had major government intervention in the way of HAMP, TARP, bailouts, tax credits, extend and pretend, kicking the can, delays and procrastinations, trickling in of inventory, hiding the pea under the shell, not filing NODs, not foreclosing, etc, etc. A massive amount of effort to prop up this market, pumping endless blood trying to keep this patient alive.
Even after ALL that, we are still seeing 30% off in certain places. And how can we think it’s bottom? I mean certainly areas like Temecula and Chula Vista, Escondido, Oceanside and the like have seen 50% and are probably back to pre-bubble 2000 pricing. But so many areas have not come close to seeing that. Only lately now they are showing some significant reductions. Have we resolved all the NODs and REOs and foreclosures in the pipeline? Are unemployment numbers so stellar that people are getting multiple call backs?
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