Home › Forums › Closed Forums › Properties or Areas › price collapse in Chula Vista
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December 6, 2007 at 12:38 PM #110681December 6, 2007 at 12:38 PM #110684jimmyleParticipant
2 years ago some people says prices might go down 30-40% and I laughed at them. Wow.
December 6, 2007 at 12:57 PM #110548EugeneParticipantWould you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).
What really amazes me is that people really paid 900k-1m for those houses a year or two ago. In 2005, you could have gotten a new 3000 square foot house in 4S Ranch for high 700’s. Yes it’s a different part of town but come on. Even the climate is better in 4S Ranch. Especially if you have kids. Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?
December 6, 2007 at 12:57 PM #110665EugeneParticipantWould you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).
What really amazes me is that people really paid 900k-1m for those houses a year or two ago. In 2005, you could have gotten a new 3000 square foot house in 4S Ranch for high 700’s. Yes it’s a different part of town but come on. Even the climate is better in 4S Ranch. Especially if you have kids. Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?
December 6, 2007 at 12:57 PM #110695EugeneParticipantWould you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).
What really amazes me is that people really paid 900k-1m for those houses a year or two ago. In 2005, you could have gotten a new 3000 square foot house in 4S Ranch for high 700’s. Yes it’s a different part of town but come on. Even the climate is better in 4S Ranch. Especially if you have kids. Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?
December 6, 2007 at 12:57 PM #110711EugeneParticipantWould you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).
What really amazes me is that people really paid 900k-1m for those houses a year or two ago. In 2005, you could have gotten a new 3000 square foot house in 4S Ranch for high 700’s. Yes it’s a different part of town but come on. Even the climate is better in 4S Ranch. Especially if you have kids. Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?
December 6, 2007 at 12:57 PM #110714EugeneParticipantWould you have even dared to hope for such a listing even 1 year or 2 years ago? No way. This is more pressure in our favor (and good news for all regular families, actually).
What really amazes me is that people really paid 900k-1m for those houses a year or two ago. In 2005, you could have gotten a new 3000 square foot house in 4S Ranch for high 700’s. Yes it’s a different part of town but come on. Even the climate is better in 4S Ranch. Especially if you have kids. Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?
December 6, 2007 at 1:55 PM #110588sdrealtorParticipantFrom my experience, mortgage brokers generally ask their clients if they are planning on buying a new car anytime soon when they qualify them. At least the good mortgage brokers I know do. They tell them to hold off until after closing because it will improve the rate they get as their FICo and debt ratios will be better. So its probably a matter of folks deferring new car purchases not intoxication.
December 6, 2007 at 1:55 PM #110707sdrealtorParticipantFrom my experience, mortgage brokers generally ask their clients if they are planning on buying a new car anytime soon when they qualify them. At least the good mortgage brokers I know do. They tell them to hold off until after closing because it will improve the rate they get as their FICo and debt ratios will be better. So its probably a matter of folks deferring new car purchases not intoxication.
December 6, 2007 at 1:55 PM #110737sdrealtorParticipantFrom my experience, mortgage brokers generally ask their clients if they are planning on buying a new car anytime soon when they qualify them. At least the good mortgage brokers I know do. They tell them to hold off until after closing because it will improve the rate they get as their FICo and debt ratios will be better. So its probably a matter of folks deferring new car purchases not intoxication.
December 6, 2007 at 1:55 PM #110751sdrealtorParticipantFrom my experience, mortgage brokers generally ask their clients if they are planning on buying a new car anytime soon when they qualify them. At least the good mortgage brokers I know do. They tell them to hold off until after closing because it will improve the rate they get as their FICo and debt ratios will be better. So its probably a matter of folks deferring new car purchases not intoxication.
December 6, 2007 at 1:55 PM #110754sdrealtorParticipantFrom my experience, mortgage brokers generally ask their clients if they are planning on buying a new car anytime soon when they qualify them. At least the good mortgage brokers I know do. They tell them to hold off until after closing because it will improve the rate they get as their FICo and debt ratios will be better. So its probably a matter of folks deferring new car purchases not intoxication.
December 6, 2007 at 2:15 PM #110598AnonymousGuest“Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?”
Chula Vista is not ghetto, National City (which borders Chula Vista), South Bay, City Heights, these are ghetto. Get your facts straight esmith.
Although I do agree with the fact that the closer you get to the border, the uglier and dirtier some areas get, I disagree that Chula Vista isn’t just as good as some of the neighborhoods further up North. Chula Vista happens to have very nice areas and good school: Rolling Hills, Eastlake, Bonita, and some areas in old Chula Vista which happen to be very nice as well. I think it’s unfair to judge Chula Vista in a negative manner just because there are a higher percentage of immigrants. I have been a resident in old Chula Vista since we moved from Tennessee 8 years ago. We sold our condo back in May in old Chula Vista, and currently we rent in the nicest part of Chula Vista hoping that prices will fall even more so that we may purchase our home – target area—Rolling Hills/Eastlake.
Just out of curiosity, are you familiar with the nice areas of Chula Vista, have you ever visited esmith?
December 6, 2007 at 2:15 PM #110717AnonymousGuest“Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?”
Chula Vista is not ghetto, National City (which borders Chula Vista), South Bay, City Heights, these are ghetto. Get your facts straight esmith.
Although I do agree with the fact that the closer you get to the border, the uglier and dirtier some areas get, I disagree that Chula Vista isn’t just as good as some of the neighborhoods further up North. Chula Vista happens to have very nice areas and good school: Rolling Hills, Eastlake, Bonita, and some areas in old Chula Vista which happen to be very nice as well. I think it’s unfair to judge Chula Vista in a negative manner just because there are a higher percentage of immigrants. I have been a resident in old Chula Vista since we moved from Tennessee 8 years ago. We sold our condo back in May in old Chula Vista, and currently we rent in the nicest part of Chula Vista hoping that prices will fall even more so that we may purchase our home – target area—Rolling Hills/Eastlake.
Just out of curiosity, are you familiar with the nice areas of Chula Vista, have you ever visited esmith?
December 6, 2007 at 2:15 PM #110747AnonymousGuest“Would you rather have your children rub elbows with illegal aliens and kids from Chula Vista ghettos, or send them to a school with good demographic in Poway school district?”
Chula Vista is not ghetto, National City (which borders Chula Vista), South Bay, City Heights, these are ghetto. Get your facts straight esmith.
Although I do agree with the fact that the closer you get to the border, the uglier and dirtier some areas get, I disagree that Chula Vista isn’t just as good as some of the neighborhoods further up North. Chula Vista happens to have very nice areas and good school: Rolling Hills, Eastlake, Bonita, and some areas in old Chula Vista which happen to be very nice as well. I think it’s unfair to judge Chula Vista in a negative manner just because there are a higher percentage of immigrants. I have been a resident in old Chula Vista since we moved from Tennessee 8 years ago. We sold our condo back in May in old Chula Vista, and currently we rent in the nicest part of Chula Vista hoping that prices will fall even more so that we may purchase our home – target area—Rolling Hills/Eastlake.
Just out of curiosity, are you familiar with the nice areas of Chula Vista, have you ever visited esmith?
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