Home › Forums › Housing › San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May)
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capeman.
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June 30, 2009 at 8:55 PM #423573June 30, 2009 at 9:04 PM #422850
ibjames
Participant[quote=deadzone]SDR, did you flunk Econ 101?
If in fact “There is alot more demand than supply right now” then home prices would be rising in San Diego right now. That is clearly not happening. While everybody knows that supply is being artificially held back, obviously not enough to cause prices to rise. Bottom line, there is NOT more demand than supply. [/quote]
have you looked at houses lately? Or bid on one? Try it out and get back to us mmmk?
June 30, 2009 at 9:04 PM #423081Participant[quote=deadzone]SDR, did you flunk Econ 101?
If in fact “There is alot more demand than supply right now” then home prices would be rising in San Diego right now. That is clearly not happening. While everybody knows that supply is being artificially held back, obviously not enough to cause prices to rise. Bottom line, there is NOT more demand than supply. [/quote]
have you looked at houses lately? Or bid on one? Try it out and get back to us mmmk?
June 30, 2009 at 9:04 PM #423358Participant[quote=deadzone]SDR, did you flunk Econ 101?
If in fact “There is alot more demand than supply right now” then home prices would be rising in San Diego right now. That is clearly not happening. While everybody knows that supply is being artificially held back, obviously not enough to cause prices to rise. Bottom line, there is NOT more demand than supply. [/quote]
have you looked at houses lately? Or bid on one? Try it out and get back to us mmmk?
June 30, 2009 at 9:04 PM #423426Participant[quote=deadzone]SDR, did you flunk Econ 101?
If in fact “There is alot more demand than supply right now” then home prices would be rising in San Diego right now. That is clearly not happening. While everybody knows that supply is being artificially held back, obviously not enough to cause prices to rise. Bottom line, there is NOT more demand than supply. [/quote]
have you looked at houses lately? Or bid on one? Try it out and get back to us mmmk?
June 30, 2009 at 9:04 PM #423588Participant[quote=deadzone]SDR, did you flunk Econ 101?
If in fact “There is alot more demand than supply right now” then home prices would be rising in San Diego right now. That is clearly not happening. While everybody knows that supply is being artificially held back, obviously not enough to cause prices to rise. Bottom line, there is NOT more demand than supply. [/quote]
have you looked at houses lately? Or bid on one? Try it out and get back to us mmmk?
June 30, 2009 at 9:10 PM #422856drboom
Participant[quote=sunny88]
You mean one can buy short sales today at lower prices than the actual value?
[/quote]I’ll let you know when the appraisal some in on the short sale we’re buying.
My guess is that it will be right around the contract price, but you never know.
June 30, 2009 at 9:10 PM #423086Participant[quote=sunny88]
You mean one can buy short sales today at lower prices than the actual value?
[/quote]I’ll let you know when the appraisal some in on the short sale we’re buying.
My guess is that it will be right around the contract price, but you never know.
June 30, 2009 at 9:10 PM #423362Participant[quote=sunny88]
You mean one can buy short sales today at lower prices than the actual value?
[/quote]I’ll let you know when the appraisal some in on the short sale we’re buying.
My guess is that it will be right around the contract price, but you never know.
June 30, 2009 at 9:10 PM #423431Participant[quote=sunny88]
You mean one can buy short sales today at lower prices than the actual value?
[/quote]I’ll let you know when the appraisal some in on the short sale we’re buying.
My guess is that it will be right around the contract price, but you never know.
June 30, 2009 at 9:10 PM #423593Participant[quote=sunny88]
You mean one can buy short sales today at lower prices than the actual value?
[/quote]I’ll let you know when the appraisal some in on the short sale we’re buying.
My guess is that it will be right around the contract price, but you never know.
June 30, 2009 at 9:34 PM #422861sdrealtor
Participantsunny
Here is what happened with some short sales I have. Put it on the market and get offer. Lender does bpo/appraisal right away and then drags their feet for a few months. By the time its approved the market has gotten better and I have back up offers significantly higher than the one they approved.June 30, 2009 at 9:34 PM #423091Participantsunny
Here is what happened with some short sales I have. Put it on the market and get offer. Lender does bpo/appraisal right away and then drags their feet for a few months. By the time its approved the market has gotten better and I have back up offers significantly higher than the one they approved.June 30, 2009 at 9:34 PM #423367Participantsunny
Here is what happened with some short sales I have. Put it on the market and get offer. Lender does bpo/appraisal right away and then drags their feet for a few months. By the time its approved the market has gotten better and I have back up offers significantly higher than the one they approved.June 30, 2009 at 9:34 PM #423436Participantsunny
Here is what happened with some short sales I have. Put it on the market and get offer. Lender does bpo/appraisal right away and then drags their feet for a few months. By the time its approved the market has gotten better and I have back up offers significantly higher than the one they approved. -
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