REOs in San Elijio Hills-Orion

[farbet]

NCJ
Do these buyers do their homework.I would be visiting the area at all hours to se who lives there.Once you go in its hard to get out.
92009 seems to be finally loosening up. A bit higher with less Mello Roos.

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[jimklinge]

Here is today’s count for SEH

69 active detached listings

31 are short sales
6 are bank-owned
4 are brand new

That leaves the 28 regular sellers with some stiff competition. First one out, wins!

It seems that every time a decent house lists in the low-$500,000s, the buyers go nuts. But any priced above that – it’s musical chairs.

Jim the Realtor

[waiting for bottom]

Agree with most of the above. I rent in SEH near the town center and watch the market very close. Activity has been HUGE lately for houses price aggressively. Low to mid 5’s leads to a sale in the high 5’s low 6’s.

Recent moron on Rivercrest listed at 725 and then a week laterdown to 639. There are several listings in my immediate neighborhood at 599-650 that aren’t moving. Near Questhaven is where you see the high MR.

In general piggs fuss too much about MR. For every $300 monthly MR, you just need to discount the house by $50K vs. a house w/o MR…it’s just simple valuation principles. Just like Piggs claim sellers are too emotional – Piggs are too emotional on MR.

[waiting for bottom]

Agree with most of the above. I rent in SEH near the town center and watch the market very close. Activity has been HUGE lately for houses price aggressively. Low to mid 5’s leads to a sale in the high 5’s low 6’s.

Recent moron on Rivercrest listed at 725 and then a week laterdown to 639. There are several listings in my immediate neighborhood at 599-650 that aren’t moving. Near Questhaven is where you see the high MR.

In general piggs fuss too much about MR. For every $300 monthly MR, you just need to discount the house by $50K vs. a house w/o MR…it’s just simple valuation principles. Just like Piggs claim sellers are too emotional – Piggs are too emotional on MR.

[waiting for bottom]

Agree with most of the above. I rent in SEH near the town center and watch the market very close. Activity has been HUGE lately for houses price aggressively. Low to mid 5’s leads to a sale in the high 5’s low 6’s.

Recent moron on Rivercrest listed at 725 and then a week laterdown to 639. There are several listings in my immediate neighborhood at 599-650 that aren’t moving. Near Questhaven is where you see the high MR.

In general piggs fuss too much about MR. For every $300 monthly MR, you just need to discount the house by $50K vs. a house w/o MR…it’s just simple valuation principles. Just like Piggs claim sellers are too emotional – Piggs are too emotional on MR.

[waiting for bottom]

Agree with most of the above. I rent in SEH near the town center and watch the market very close. Activity has been HUGE lately for houses price aggressively. Low to mid 5’s leads to a sale in the high 5’s low 6’s.

Recent moron on Rivercrest listed at 725 and then a week laterdown to 639. There are several listings in my immediate neighborhood at 599-650 that aren’t moving. Near Questhaven is where you see the high MR.

In general piggs fuss too much about MR. For every $300 monthly MR, you just need to discount the house by $50K vs. a house w/o MR…it’s just simple valuation principles. Just like Piggs claim sellers are too emotional – Piggs are too emotional on MR.

[waiting for bottom]

Agree with most of the above. I rent in SEH near the town center and watch the market very close. Activity has been HUGE lately for houses price aggressively. Low to mid 5’s leads to a sale in the high 5’s low 6’s.

Recent moron on Rivercrest listed at 725 and then a week laterdown to 639. There are several listings in my immediate neighborhood at 599-650 that aren’t moving. Near Questhaven is where you see the high MR.

In general piggs fuss too much about MR. For every $300 monthly MR, you just need to discount the house by $50K vs. a house w/o MR…it’s just simple valuation principles. Just like Piggs claim sellers are too emotional – Piggs are too emotional on MR.

[ocrenter]

cheapest over 3000sqft home in SEH is officially not part of the development in Venzano. I remember just a year ago telling the sales lady that I would buy if these homes go down to $550k, she laughed and said that wouldn’t be possible.

686 WEATHERSTONE
4/4/3022sqft
11/2006: purchased for 730k
12/2007: listed
Price Reduced: 01/18/08 — $659,900 to $599,900
Price Reduced: 02/13/08 — $599,900 to $574,900
Price Increased: 04/18/08 — $574,900 to $584,900

[ocrenter]

cheapest over 3000sqft home in SEH is officially not part of the development in Venzano. I remember just a year ago telling the sales lady that I would buy if these homes go down to $550k, she laughed and said that wouldn’t be possible.

686 WEATHERSTONE
4/4/3022sqft
11/2006: purchased for 730k
12/2007: listed
Price Reduced: 01/18/08 — $659,900 to $599,900
Price Reduced: 02/13/08 — $599,900 to $574,900
Price Increased: 04/18/08 — $574,900 to $584,900

[ocrenter]

cheapest over 3000sqft home in SEH is officially not part of the development in Venzano. I remember just a year ago telling the sales lady that I would buy if these homes go down to $550k, she laughed and said that wouldn’t be possible.

686 WEATHERSTONE
4/4/3022sqft
11/2006: purchased for 730k
12/2007: listed
Price Reduced: 01/18/08 — $659,900 to $599,900
Price Reduced: 02/13/08 — $599,900 to $574,900
Price Increased: 04/18/08 — $574,900 to $584,900

[ocrenter]

cheapest over 3000sqft home in SEH is officially not part of the development in Venzano. I remember just a year ago telling the sales lady that I would buy if these homes go down to $550k, she laughed and said that wouldn’t be possible.

686 WEATHERSTONE
4/4/3022sqft
11/2006: purchased for 730k
12/2007: listed
Price Reduced: 01/18/08 — $659,900 to $599,900
Price Reduced: 02/13/08 — $599,900 to $574,900
Price Increased: 04/18/08 — $574,900 to $584,900

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