Scripps Ranch…

[SD Realtor]

Straw the deals will come but you need a catalyst. Without a substantial catalyst there will be no deals. Hope for either a substantial rise in inventory due to reo properties. Hope for another increase in unemployment for several more consecutive months. Hope for a drastic change in interest rates. I think you will need to see them at least crack the 6% mark for anything to start to get pulled down drastically in Scripps.

Your best bet will be the reo increase. Anyways as long as Obama gets the heck out of the housing market then you should see your target in another year or two as long as one of the catalysts mentioned occurs. Prior to that you may see some onesy twosy stuff happen, maybe in Stonebridge.

[sunny88]

I was just wondering how you interpret the fact that the inventory has dropped drastically in the last month or so without a significant drop of the prices. I am checking http://www.sdlookup.com frequently and have been noticing a lot of sales. I agree with you that employment data will deteriorate further for at least a few more months before bottoming. Obama will not be able to turn things around as quickly despite huge efforts.

[sunny88]

I was just wondering how you interpret the fact that the inventory has dropped drastically in the last month or so without a significant drop of the prices. I am checking http://www.sdlookup.com frequently and have been noticing a lot of sales. I agree with you that employment data will deteriorate further for at least a few more months before bottoming. Obama will not be able to turn things around as quickly despite huge efforts.

[sunny88]

I was just wondering how you interpret the fact that the inventory has dropped drastically in the last month or so without a significant drop of the prices. I am checking http://www.sdlookup.com frequently and have been noticing a lot of sales. I agree with you that employment data will deteriorate further for at least a few more months before bottoming. Obama will not be able to turn things around as quickly despite huge efforts.

[sunny88]

I was just wondering how you interpret the fact that the inventory has dropped drastically in the last month or so without a significant drop of the prices. I am checking http://www.sdlookup.com frequently and have been noticing a lot of sales. I agree with you that employment data will deteriorate further for at least a few more months before bottoming. Obama will not be able to turn things around as quickly despite huge efforts.

[sunny88]

I was just wondering how you interpret the fact that the inventory has dropped drastically in the last month or so without a significant drop of the prices. I am checking http://www.sdlookup.com frequently and have been noticing a lot of sales. I agree with you that employment data will deteriorate further for at least a few more months before bottoming. Obama will not be able to turn things around as quickly despite huge efforts.

[localguy]

I do believe Scripps Ranch is still priced pretty high. I have watched the area for 2-3 years. That being said, we did just purchase a brand new home in Stonebridge for under $200.00 a sq. ft. The value for an existing Scripps Ranch home compared to the new Stonebridge home was a factor in our decision. Buy a home to live in, enjoy, raise a family, etc. “but in the long run it may be okay given the lot size, home layout, etc.”

[localguy]

I do believe Scripps Ranch is still priced pretty high. I have watched the area for 2-3 years. That being said, we did just purchase a brand new home in Stonebridge for under $200.00 a sq. ft. The value for an existing Scripps Ranch home compared to the new Stonebridge home was a factor in our decision. Buy a home to live in, enjoy, raise a family, etc. “but in the long run it may be okay given the lot size, home layout, etc.”

[localguy]

I do believe Scripps Ranch is still priced pretty high. I have watched the area for 2-3 years. That being said, we did just purchase a brand new home in Stonebridge for under $200.00 a sq. ft. The value for an existing Scripps Ranch home compared to the new Stonebridge home was a factor in our decision. Buy a home to live in, enjoy, raise a family, etc. “but in the long run it may be okay given the lot size, home layout, etc.”

[localguy]

I do believe Scripps Ranch is still priced pretty high. I have watched the area for 2-3 years. That being said, we did just purchase a brand new home in Stonebridge for under $200.00 a sq. ft. The value for an existing Scripps Ranch home compared to the new Stonebridge home was a factor in our decision. Buy a home to live in, enjoy, raise a family, etc. “but in the long run it may be okay given the lot size, home layout, etc.”

[localguy]

I do believe Scripps Ranch is still priced pretty high. I have watched the area for 2-3 years. That being said, we did just purchase a brand new home in Stonebridge for under $200.00 a sq. ft. The value for an existing Scripps Ranch home compared to the new Stonebridge home was a factor in our decision. Buy a home to live in, enjoy, raise a family, etc. “but in the long run it may be okay given the lot size, home layout, etc.”

[paranoid]

SD Realtor and Localguy, you guys seem to like Stonebridge. Why is Stonebridge cheaper than old Scripps? how do you think about the School District? Some people say that the school district of Stonebridge may be reclassified from Poway to SD District. Do you know more about this? Is this a major factor for why Stonebridge is relatively cheaper than old Scripps? I just want to know more about Stonebridge. thanks.

[paranoid]

SD Realtor and Localguy, you guys seem to like Stonebridge. Why is Stonebridge cheaper than old Scripps? how do you think about the School District? Some people say that the school district of Stonebridge may be reclassified from Poway to SD District. Do you know more about this? Is this a major factor for why Stonebridge is relatively cheaper than old Scripps? I just want to know more about Stonebridge. thanks.

[paranoid]

SD Realtor and Localguy, you guys seem to like Stonebridge. Why is Stonebridge cheaper than old Scripps? how do you think about the School District? Some people say that the school district of Stonebridge may be reclassified from Poway to SD District. Do you know more about this? Is this a major factor for why Stonebridge is relatively cheaper than old Scripps? I just want to know more about Stonebridge. thanks.

[paranoid]

SD Realtor and Localguy, you guys seem to like Stonebridge. Why is Stonebridge cheaper than old Scripps? how do you think about the School District? Some people say that the school district of Stonebridge may be reclassified from Poway to SD District. Do you know more about this? Is this a major factor for why Stonebridge is relatively cheaper than old Scripps? I just want to know more about Stonebridge. thanks.

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