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May 14, 2009 at 9:37 PM #399984May 14, 2009 at 10:10 PM #399336
recordsclerk
ParticipantYou can add the fact that most of the homes in Stonebridge were sold during the peak years. This is why Stonebridge will show more signs of distress then old Scripps Ranch.
May 14, 2009 at 10:10 PM #399588ParticipantYou can add the fact that most of the homes in Stonebridge were sold during the peak years. This is why Stonebridge will show more signs of distress then old Scripps Ranch.
May 14, 2009 at 10:10 PM #399818ParticipantYou can add the fact that most of the homes in Stonebridge were sold during the peak years. This is why Stonebridge will show more signs of distress then old Scripps Ranch.
May 14, 2009 at 10:10 PM #399877ParticipantYou can add the fact that most of the homes in Stonebridge were sold during the peak years. This is why Stonebridge will show more signs of distress then old Scripps Ranch.
May 14, 2009 at 10:10 PM #400024ParticipantYou can add the fact that most of the homes in Stonebridge were sold during the peak years. This is why Stonebridge will show more signs of distress then old Scripps Ranch.
May 14, 2009 at 11:39 PM #399383SD Realtor
Participantrecordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.
May 14, 2009 at 11:39 PM #399635Participantrecordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.
May 14, 2009 at 11:39 PM #399866Participantrecordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.
May 14, 2009 at 11:39 PM #399924Participantrecordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.
May 14, 2009 at 11:39 PM #400070Participantrecordsclerk nailed it. Plain and simple, Stonebridge is a perfect example of new money verses old money and the fact is that on a percentage basis, the distress level in the entire Stonebridge subdivision is much higher then anywhere in Scripps.
sdr also pegged it right on the ppsf discussion. Of course stonebridge offers the best ppsf in scripps because of the size of the homes.
As for Scripps itself I like it alot but no more then I would like other places like Encinitas, some parts of Poway, and other places in the county. Like it or not Scripps is a very tough place to get in and out of. My personal preference is not really for a new home but I would take Stonebridge in a heartbeat over 4S or CV because of the larger lot sizes.
With respect to being in a fire zone I would say welcome to Southern California which is pretty much all chapparal, desert, and coastline with lots of suburban sprawl in between. Pretty much most of the county is a firezone. I would live in Elfin Forest if I could afford it and that is a fire zone as well.
Anyways for my money Scripps is still well overpriced just like most of the more desireable areas. I don’t think the unemployment picture is going to bring the house down like some have predicted. I am getting more cynical/skeptical about the depreciation cycle and am starting to wonder about things. Again, my best hope lies in foreclosures hitting the market.
As an engineer though, relying on hope is usually not a winning ticket.
May 14, 2009 at 11:57 PM #399398SDEngineer
Participant[quote=strawberryfields]
Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
[/quote]
I agree with the others on this thread – Scripps still has a ways to fall. I think ppsf average of 250/sq ft is very likely in SR.
However, remember that Scripps Ranch is not “starter home” territory. It is an upscale community. You find typical “starter homes” in places like Mira Mesa, Linda Vista, and the counties (East, North, and South).
I’d be willing to bet that the vast majority of Scripps owners are on at least their second house (barring the condos/townhomes).
May 14, 2009 at 11:57 PM #399650Participant[quote=strawberryfields]
Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
[/quote]
I agree with the others on this thread – Scripps still has a ways to fall. I think ppsf average of 250/sq ft is very likely in SR.
However, remember that Scripps Ranch is not “starter home” territory. It is an upscale community. You find typical “starter homes” in places like Mira Mesa, Linda Vista, and the counties (East, North, and South).
I’d be willing to bet that the vast majority of Scripps owners are on at least their second house (barring the condos/townhomes).
May 14, 2009 at 11:57 PM #399881Participant[quote=strawberryfields]
Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
[/quote]
I agree with the others on this thread – Scripps still has a ways to fall. I think ppsf average of 250/sq ft is very likely in SR.
However, remember that Scripps Ranch is not “starter home” territory. It is an upscale community. You find typical “starter homes” in places like Mira Mesa, Linda Vista, and the counties (East, North, and South).
I’d be willing to bet that the vast majority of Scripps owners are on at least their second house (barring the condos/townhomes).
May 14, 2009 at 11:57 PM #399940Participant[quote=strawberryfields]
Looking for something under 3000 sq ft, priced under $750k.
I have to believe that prices will come down to at least the $250/sq-ft range. How can a “starter home” be $500k? So that’s where my original question comes in – when, what and where? Did we already see the big dip and now it will be a long slow ride down? The market in this neighborhood has gone crazy again. It seems that there are plenty of people who believe that there are real deals to be had – and they’re buying. I’m not seeing the “deals” for the most part but maybe I’ve gotten unrealistic…
[/quote]
I agree with the others on this thread – Scripps still has a ways to fall. I think ppsf average of 250/sq ft is very likely in SR.
However, remember that Scripps Ranch is not “starter home” territory. It is an upscale community. You find typical “starter homes” in places like Mira Mesa, Linda Vista, and the counties (East, North, and South).
I’d be willing to bet that the vast majority of Scripps owners are on at least their second house (barring the condos/townhomes).
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