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  • January 27, 2009 at 12:34 PM #337418
    Sandiagon
    Participant

    As per statistics, Median Prices are dropped as follows. http://www.dqnews.com/Charts/Annual-Charts/SDUT-Charts/ZIPSDUT08.aspx

    Oceanside S 92054 -25.6%
    Oceanside E 92056 -24.9%
    Oceanside N 92057 -35.6%
    Oceanside C 92058 -21.6%

    I believe drop in median price is because of drop in home price and shift of buying trend to lower priced homes.

    January 27, 2009 at 12:42 PM #337101
    SD Realtor
    Participant

    Reading articles that contain blanket statements is pretty difficult. If I were you I would put blinders on and try to block out the noise. Have your realtor dig for the data you want. Did the article cover which zip codes it covered? Did the article specify new homes, resale homes, attached verses detached homes?

    You see what I mean? North County has some incredibly diverse submarkets to I would crumble the article up and throw it away. Also as for prices remaining stable as compared to last summer again my comment to you would be for which zip code and which type of homes? Other parameters may indeed reveal data that is useful. An example would be that perhaps the pricing appears stable to you BUT if you see a heavy increase of days on market and/or cancelleds/expireds/withdrawns, then you are seeing a precursor to lower pricing in the future.

    January 27, 2009 at 12:42 PM #337428
    SD Realtor
    Participant

    Reading articles that contain blanket statements is pretty difficult. If I were you I would put blinders on and try to block out the noise. Have your realtor dig for the data you want. Did the article cover which zip codes it covered? Did the article specify new homes, resale homes, attached verses detached homes?

    You see what I mean? North County has some incredibly diverse submarkets to I would crumble the article up and throw it away. Also as for prices remaining stable as compared to last summer again my comment to you would be for which zip code and which type of homes? Other parameters may indeed reveal data that is useful. An example would be that perhaps the pricing appears stable to you BUT if you see a heavy increase of days on market and/or cancelleds/expireds/withdrawns, then you are seeing a precursor to lower pricing in the future.

    January 27, 2009 at 12:42 PM #337519
    SD Realtor
    Participant

    Reading articles that contain blanket statements is pretty difficult. If I were you I would put blinders on and try to block out the noise. Have your realtor dig for the data you want. Did the article cover which zip codes it covered? Did the article specify new homes, resale homes, attached verses detached homes?

    You see what I mean? North County has some incredibly diverse submarkets to I would crumble the article up and throw it away. Also as for prices remaining stable as compared to last summer again my comment to you would be for which zip code and which type of homes? Other parameters may indeed reveal data that is useful. An example would be that perhaps the pricing appears stable to you BUT if you see a heavy increase of days on market and/or cancelleds/expireds/withdrawns, then you are seeing a precursor to lower pricing in the future.

    January 27, 2009 at 12:42 PM #337636
    SD Realtor
    Participant

    Reading articles that contain blanket statements is pretty difficult. If I were you I would put blinders on and try to block out the noise. Have your realtor dig for the data you want. Did the article cover which zip codes it covered? Did the article specify new homes, resale homes, attached verses detached homes?

    You see what I mean? North County has some incredibly diverse submarkets to I would crumble the article up and throw it away. Also as for prices remaining stable as compared to last summer again my comment to you would be for which zip code and which type of homes? Other parameters may indeed reveal data that is useful. An example would be that perhaps the pricing appears stable to you BUT if you see a heavy increase of days on market and/or cancelleds/expireds/withdrawns, then you are seeing a precursor to lower pricing in the future.

    January 27, 2009 at 12:42 PM #337546
    SD Realtor
    Participant

    Reading articles that contain blanket statements is pretty difficult. If I were you I would put blinders on and try to block out the noise. Have your realtor dig for the data you want. Did the article cover which zip codes it covered? Did the article specify new homes, resale homes, attached verses detached homes?

    You see what I mean? North County has some incredibly diverse submarkets to I would crumble the article up and throw it away. Also as for prices remaining stable as compared to last summer again my comment to you would be for which zip code and which type of homes? Other parameters may indeed reveal data that is useful. An example would be that perhaps the pricing appears stable to you BUT if you see a heavy increase of days on market and/or cancelleds/expireds/withdrawns, then you are seeing a precursor to lower pricing in the future.

    January 27, 2009 at 2:35 PM #337686
    nscalero
    Participant

    Great responses, one and all. Thanks.

    January 27, 2009 at 2:35 PM #337569
    nscalero
    Participant

    Great responses, one and all. Thanks.

    January 27, 2009 at 2:35 PM #337596
    nscalero
    Participant

    Great responses, one and all. Thanks.

    January 27, 2009 at 2:35 PM #337478
    nscalero
    Participant

    Great responses, one and all. Thanks.

    January 27, 2009 at 2:35 PM #337151
    nscalero
    Participant

    Great responses, one and all. Thanks.

    January 27, 2009 at 3:12 PM #337513
    Nor-LA-SD-guy
    Participant

    also depends on the condition of the home, if it needs a lot of work done it may not qualify for conventional or FHA loans and there for if you can arrange the finance by some other means you may get the home at a significant discount.

    January 27, 2009 at 3:12 PM #337604
    Nor-LA-SD-guy
    Participant

    also depends on the condition of the home, if it needs a lot of work done it may not qualify for conventional or FHA loans and there for if you can arrange the finance by some other means you may get the home at a significant discount.

    January 27, 2009 at 3:12 PM #337630
    Nor-LA-SD-guy
    Participant

    also depends on the condition of the home, if it needs a lot of work done it may not qualify for conventional or FHA loans and there for if you can arrange the finance by some other means you may get the home at a significant discount.

    January 27, 2009 at 3:12 PM #337186
    Nor-LA-SD-guy
    Participant

    also depends on the condition of the home, if it needs a lot of work done it may not qualify for conventional or FHA loans and there for if you can arrange the finance by some other means you may get the home at a significant discount.

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