Should we panic?

[(former)FormerSanDiegan]

[quote=Arraya]Actually, in investing, panicking early, before anyone else, is always the best bet[/quote]

Perhaps. But panicking early leaves one susceptible to false alarms.

Anyway, it is September, 2010. It is too late to panic early in the housing market.

[all]

If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.

I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.

The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.

Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).

[all]

If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.

I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.

The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.

Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).

[all]

If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.

I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.

The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.

Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).

[all]

If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.

I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.

The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.

Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).

[all]

If it is an exception the bank owned will likely be thrown away as deficient by most buyers and all agents.

I had a chance to talk to a guy who purchased model match to a bank-owned that sold two months earlier for 20% less. He was confident that there is either something wrong with the house or with the transaction.

The listing agents I talked to shared the sentiment for the bank-owned houses. You bring up a bank-owned comp, they dismiss it as irrelevant.

Now, if you have one coming online every week that will cause a problem since your potential buyer would have a chance to go for that one instead of yours (obviously, they cannot purchase that one that is already in escrow).

[sdrealtor]

Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.

There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.

FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.

[sdrealtor]

Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.

There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.

FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.

[sdrealtor]

Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.

There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.

FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.

[sdrealtor]

Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.

There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.

FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.

[sdrealtor]

Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.

There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.

FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.

[Eugene]

509 for a 1299 sf house in Carlsbad, or $392/sf? To me that’s a definite sign that the NCC housing market is improving, if not going into a second housing bubble, and you should definitely hold off selling.

[Eugene]

509 for a 1299 sf house in Carlsbad, or $392/sf? To me that’s a definite sign that the NCC housing market is improving, if not going into a second housing bubble, and you should definitely hold off selling.

[Eugene]

509 for a 1299 sf house in Carlsbad, or $392/sf? To me that’s a definite sign that the NCC housing market is improving, if not going into a second housing bubble, and you should definitely hold off selling.

[Eugene]

509 for a 1299 sf house in Carlsbad, or $392/sf? To me that’s a definite sign that the NCC housing market is improving, if not going into a second housing bubble, and you should definitely hold off selling.

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