Skyranch in Santee

[PKMAN]

A lot of accusations are made against Santee, as if it’s THE worst place to live in SD and that most (if not all) Santee residents are sub-human. But can anyone actually list a few truly awful crimes committed in Santee in the last few years? 2 girls tragically lost their lives at the hand of a convicted sex offender and a young man was beaten to death by his own friends outside of his own home, all happened in upscale neighborhoods around SD.

I’ve moved to Riverwalk for 1.5 years now and I can say that my neighbors are mostly decent people with common courtesy. Men are sometime shirtless, as they work on the yard, walk to the community pool or play with their kids, but it doesn’t feel out of place in a cohesive community and they do not have scary tattoo. At the same time, girls are often in bikini during summer days.

Kids will always be kids so yes, Riverwalk can be a bid rowdy and noisy during the summer months when kids (especially teenagers) are out of school. But I look back at my own teenage years and don’t feel that these kids are acting out of order or about to become the Bird Rock Bandits.

I guess some people will forever look down on Santee (and apparently some hate Alabama as well), not only negatively but absolute despise it. It just shows that prejudice (more or less of it) is not based on educational or professional achievement. I have lived amongst the elites in Asia (high-level MNC expats stationing there) and the “slums” of Inglewood (LA) and Flushing (NY). Santee is just fine for me and a place I feel I can settle down and live for a very long time.

[SkyRanchOwner]

[quote=Misheloff]How….Klu Klux Klan of you.

And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot!

By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Misheloff, your comments are so, should we say,… sophisticated and eloquent… 🙂

[SkyRanchOwner]

[quote=Misheloff]How….Klu Klux Klan of you.

And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot!

By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Misheloff, your comments are so, should we say,… sophisticated and eloquent… 🙂

[SkyRanchOwner]

[quote=Misheloff]How….Klu Klux Klan of you.

And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot!

By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Misheloff, your comments are so, should we say,… sophisticated and eloquent… 🙂

[SkyRanchOwner]

[quote=Misheloff]How….Klu Klux Klan of you.

And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot!

By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Misheloff, your comments are so, should we say,… sophisticated and eloquent… 🙂

[SkyRanchOwner]

[quote=Misheloff]How….Klu Klux Klan of you.

And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot!

By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Misheloff, your comments are so, should we say,… sophisticated and eloquent… 🙂

[SkyRanchOwner]

[quote=Misheloff] You can quote API scores all you want – my daughter brought kids home from school, and, as a rule, they were subhuman troglodytes. [/quote]

Maybe she brought home the worst of the worst? Maybe this speaks to more of an issue with the parents. I’m sure the children appreciated your wife’s help in class, as all children need good mentors, some more than others. As for your daughter, sorry things didn’t work out. There are great families in Sky Ranch, from what I can see.

[quote=Misheloff] To claim the mercury in Santee doesn’t hit 110 in summer months is just idiotic. [/quote]

I know it can get that hot. The record high was in 2006 at 113 degrees F, but the fact is, that isn’t the average norm! Here is the weather channel statistics on average monthly temperatures through the year:
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92071?role=
(Click on “Record High & Record Low” to see the full range, which are records not averages)

Compare to Rancho Bernardo (92128)…
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92128?role=

Seems pretty similar to me as far as when these highs and lows were, based on facts. Yet, Santee is slightly warmer due to being more inland and less of a breeze. Up in Sky Ranch, we do get more of a breeze up here, which helps.

[quote=Misheloff] You have attempted to show me Santee’s genetic prowess by providing a link to show me how many of the people are white. How….Klu Klux Klan of you. [/quote]

Just giving you facts in reply to your comments. And just because they are white, doesn’t mean they are KKK members.

[quote=Misheloff] And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot! [/quote]

Didn’t say it was high, just that there is crime there too. I know, I lived there. That’s why I could easily look up some of the links to local crime there.

[quote=Misheloff] By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Good for you then…

On HOA dues, a new budget is being submitted because the HOA dues were overbudgeted. They expect the HOA dues to come down. By how much, I don’t know, but anything would be good. Overall, I do agree that HOA dues in Sky Ranch are high compared to other areas. This does need to be addressed, and the HOA is working on it.

Mello Roos is much higher in the new areas of Rancho Bernardo. If you got in early during the development, they are probably lower.

Here is an example of those Mello Roos fees in 4S Ranch:

http://www.sdlookup.com/MLS-100034949-17070_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100013108-17041_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100036938-17047_Sienna_Ridge_Dr_San_Diego_CA_92127 – Mello Roos $291/month + $69/month HOA = $360/month

I’m comparing NEW homes here, as a comparison to HOA for NEW homes in Sky Ranch.

Again, Sky Ranch and Santee isn’t for everyone. All I’m saying is we like it, and so do our neighbors. If it isn’t for you, then you don’t have to live here. I’m just providing the facts on Santee and Sky Ranch for people who are looking around. No need to be vulgar or curse to make a point. Rancho Bernardo is nice too. We like the landscape of the area. Heck, I wouldn’t mind living there either, we just happen to have chosen Sky Ranch for all the reasons I’ve posted. Of course, this is for us and it meets our needs. When we bought, we were comparing this to 4S Ranch, San Marcos, and Chula Vista for NEW homes. So, if you aren’t looking for a new home, my information, or case study, may not be a good example for you.

[SkyRanchOwner]

[quote=Misheloff] You can quote API scores all you want – my daughter brought kids home from school, and, as a rule, they were subhuman troglodytes. [/quote]

Maybe she brought home the worst of the worst? Maybe this speaks to more of an issue with the parents. I’m sure the children appreciated your wife’s help in class, as all children need good mentors, some more than others. As for your daughter, sorry things didn’t work out. There are great families in Sky Ranch, from what I can see.

[quote=Misheloff] To claim the mercury in Santee doesn’t hit 110 in summer months is just idiotic. [/quote]

I know it can get that hot. The record high was in 2006 at 113 degrees F, but the fact is, that isn’t the average norm! Here is the weather channel statistics on average monthly temperatures through the year:
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92071?role=
(Click on “Record High & Record Low” to see the full range, which are records not averages)

Compare to Rancho Bernardo (92128)…
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92128?role=

Seems pretty similar to me as far as when these highs and lows were, based on facts. Yet, Santee is slightly warmer due to being more inland and less of a breeze. Up in Sky Ranch, we do get more of a breeze up here, which helps.

[quote=Misheloff] You have attempted to show me Santee’s genetic prowess by providing a link to show me how many of the people are white. How….Klu Klux Klan of you. [/quote]

Just giving you facts in reply to your comments. And just because they are white, doesn’t mean they are KKK members.

[quote=Misheloff] And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot! [/quote]

Didn’t say it was high, just that there is crime there too. I know, I lived there. That’s why I could easily look up some of the links to local crime there.

[quote=Misheloff] By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Good for you then…

On HOA dues, a new budget is being submitted because the HOA dues were overbudgeted. They expect the HOA dues to come down. By how much, I don’t know, but anything would be good. Overall, I do agree that HOA dues in Sky Ranch are high compared to other areas. This does need to be addressed, and the HOA is working on it.

Mello Roos is much higher in the new areas of Rancho Bernardo. If you got in early during the development, they are probably lower.

Here is an example of those Mello Roos fees in 4S Ranch:

http://www.sdlookup.com/MLS-100034949-17070_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100013108-17041_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100036938-17047_Sienna_Ridge_Dr_San_Diego_CA_92127 – Mello Roos $291/month + $69/month HOA = $360/month

I’m comparing NEW homes here, as a comparison to HOA for NEW homes in Sky Ranch.

Again, Sky Ranch and Santee isn’t for everyone. All I’m saying is we like it, and so do our neighbors. If it isn’t for you, then you don’t have to live here. I’m just providing the facts on Santee and Sky Ranch for people who are looking around. No need to be vulgar or curse to make a point. Rancho Bernardo is nice too. We like the landscape of the area. Heck, I wouldn’t mind living there either, we just happen to have chosen Sky Ranch for all the reasons I’ve posted. Of course, this is for us and it meets our needs. When we bought, we were comparing this to 4S Ranch, San Marcos, and Chula Vista for NEW homes. So, if you aren’t looking for a new home, my information, or case study, may not be a good example for you.

[SkyRanchOwner]

[quote=Misheloff] You can quote API scores all you want – my daughter brought kids home from school, and, as a rule, they were subhuman troglodytes. [/quote]

Maybe she brought home the worst of the worst? Maybe this speaks to more of an issue with the parents. I’m sure the children appreciated your wife’s help in class, as all children need good mentors, some more than others. As for your daughter, sorry things didn’t work out. There are great families in Sky Ranch, from what I can see.

[quote=Misheloff] To claim the mercury in Santee doesn’t hit 110 in summer months is just idiotic. [/quote]

I know it can get that hot. The record high was in 2006 at 113 degrees F, but the fact is, that isn’t the average norm! Here is the weather channel statistics on average monthly temperatures through the year:
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92071?role=
(Click on “Record High & Record Low” to see the full range, which are records not averages)

Compare to Rancho Bernardo (92128)…
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92128?role=

Seems pretty similar to me as far as when these highs and lows were, based on facts. Yet, Santee is slightly warmer due to being more inland and less of a breeze. Up in Sky Ranch, we do get more of a breeze up here, which helps.

[quote=Misheloff] You have attempted to show me Santee’s genetic prowess by providing a link to show me how many of the people are white. How….Klu Klux Klan of you. [/quote]

Just giving you facts in reply to your comments. And just because they are white, doesn’t mean they are KKK members.

[quote=Misheloff] And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot! [/quote]

Didn’t say it was high, just that there is crime there too. I know, I lived there. That’s why I could easily look up some of the links to local crime there.

[quote=Misheloff] By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Good for you then…

On HOA dues, a new budget is being submitted because the HOA dues were overbudgeted. They expect the HOA dues to come down. By how much, I don’t know, but anything would be good. Overall, I do agree that HOA dues in Sky Ranch are high compared to other areas. This does need to be addressed, and the HOA is working on it.

Mello Roos is much higher in the new areas of Rancho Bernardo. If you got in early during the development, they are probably lower.

Here is an example of those Mello Roos fees in 4S Ranch:

http://www.sdlookup.com/MLS-100034949-17070_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100013108-17041_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100036938-17047_Sienna_Ridge_Dr_San_Diego_CA_92127 – Mello Roos $291/month + $69/month HOA = $360/month

I’m comparing NEW homes here, as a comparison to HOA for NEW homes in Sky Ranch.

Again, Sky Ranch and Santee isn’t for everyone. All I’m saying is we like it, and so do our neighbors. If it isn’t for you, then you don’t have to live here. I’m just providing the facts on Santee and Sky Ranch for people who are looking around. No need to be vulgar or curse to make a point. Rancho Bernardo is nice too. We like the landscape of the area. Heck, I wouldn’t mind living there either, we just happen to have chosen Sky Ranch for all the reasons I’ve posted. Of course, this is for us and it meets our needs. When we bought, we were comparing this to 4S Ranch, San Marcos, and Chula Vista for NEW homes. So, if you aren’t looking for a new home, my information, or case study, may not be a good example for you.

[SkyRanchOwner]

[quote=Misheloff] You can quote API scores all you want – my daughter brought kids home from school, and, as a rule, they were subhuman troglodytes. [/quote]

Maybe she brought home the worst of the worst? Maybe this speaks to more of an issue with the parents. I’m sure the children appreciated your wife’s help in class, as all children need good mentors, some more than others. As for your daughter, sorry things didn’t work out. There are great families in Sky Ranch, from what I can see.

[quote=Misheloff] To claim the mercury in Santee doesn’t hit 110 in summer months is just idiotic. [/quote]

I know it can get that hot. The record high was in 2006 at 113 degrees F, but the fact is, that isn’t the average norm! Here is the weather channel statistics on average monthly temperatures through the year:
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92071?role=
(Click on “Record High & Record Low” to see the full range, which are records not averages)

Compare to Rancho Bernardo (92128)…
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92128?role=

Seems pretty similar to me as far as when these highs and lows were, based on facts. Yet, Santee is slightly warmer due to being more inland and less of a breeze. Up in Sky Ranch, we do get more of a breeze up here, which helps.

[quote=Misheloff] You have attempted to show me Santee’s genetic prowess by providing a link to show me how many of the people are white. How….Klu Klux Klan of you. [/quote]

Just giving you facts in reply to your comments. And just because they are white, doesn’t mean they are KKK members.

[quote=Misheloff] And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot! [/quote]

Didn’t say it was high, just that there is crime there too. I know, I lived there. That’s why I could easily look up some of the links to local crime there.

[quote=Misheloff] By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Good for you then…

On HOA dues, a new budget is being submitted because the HOA dues were overbudgeted. They expect the HOA dues to come down. By how much, I don’t know, but anything would be good. Overall, I do agree that HOA dues in Sky Ranch are high compared to other areas. This does need to be addressed, and the HOA is working on it.

Mello Roos is much higher in the new areas of Rancho Bernardo. If you got in early during the development, they are probably lower.

Here is an example of those Mello Roos fees in 4S Ranch:

http://www.sdlookup.com/MLS-100034949-17070_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100013108-17041_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100036938-17047_Sienna_Ridge_Dr_San_Diego_CA_92127 – Mello Roos $291/month + $69/month HOA = $360/month

I’m comparing NEW homes here, as a comparison to HOA for NEW homes in Sky Ranch.

Again, Sky Ranch and Santee isn’t for everyone. All I’m saying is we like it, and so do our neighbors. If it isn’t for you, then you don’t have to live here. I’m just providing the facts on Santee and Sky Ranch for people who are looking around. No need to be vulgar or curse to make a point. Rancho Bernardo is nice too. We like the landscape of the area. Heck, I wouldn’t mind living there either, we just happen to have chosen Sky Ranch for all the reasons I’ve posted. Of course, this is for us and it meets our needs. When we bought, we were comparing this to 4S Ranch, San Marcos, and Chula Vista for NEW homes. So, if you aren’t looking for a new home, my information, or case study, may not be a good example for you.

[SkyRanchOwner]

[quote=Misheloff] You can quote API scores all you want – my daughter brought kids home from school, and, as a rule, they were subhuman troglodytes. [/quote]

Maybe she brought home the worst of the worst? Maybe this speaks to more of an issue with the parents. I’m sure the children appreciated your wife’s help in class, as all children need good mentors, some more than others. As for your daughter, sorry things didn’t work out. There are great families in Sky Ranch, from what I can see.

[quote=Misheloff] To claim the mercury in Santee doesn’t hit 110 in summer months is just idiotic. [/quote]

I know it can get that hot. The record high was in 2006 at 113 degrees F, but the fact is, that isn’t the average norm! Here is the weather channel statistics on average monthly temperatures through the year:
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92071?role=
(Click on “Record High & Record Low” to see the full range, which are records not averages)

Compare to Rancho Bernardo (92128)…
http://www.weather.com/outlook/recreation/golf/wxclimatology/monthly/graph/92128?role=

Seems pretty similar to me as far as when these highs and lows were, based on facts. Yet, Santee is slightly warmer due to being more inland and less of a breeze. Up in Sky Ranch, we do get more of a breeze up here, which helps.

[quote=Misheloff] You have attempted to show me Santee’s genetic prowess by providing a link to show me how many of the people are white. How….Klu Klux Klan of you. [/quote]

Just giving you facts in reply to your comments. And just because they are white, doesn’t mean they are KKK members.

[quote=Misheloff] And… to claim that Rancho Bernardo is any sort of a high crime area is just so unbelievably stupid, I can’t believe you manage to get out of your house without slipping and falling in your own drool. I mean, you are a complete fucking idiot! [/quote]

Didn’t say it was high, just that there is crime there too. I know, I lived there. That’s why I could easily look up some of the links to local crime there.

[quote=Misheloff] By the way dipshit, our mello roos are -ZERO- (we are in 92128, not 92127)[/quote]

Good for you then…

On HOA dues, a new budget is being submitted because the HOA dues were overbudgeted. They expect the HOA dues to come down. By how much, I don’t know, but anything would be good. Overall, I do agree that HOA dues in Sky Ranch are high compared to other areas. This does need to be addressed, and the HOA is working on it.

Mello Roos is much higher in the new areas of Rancho Bernardo. If you got in early during the development, they are probably lower.

Here is an example of those Mello Roos fees in 4S Ranch:

http://www.sdlookup.com/MLS-100034949-17070_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100013108-17041_Silver_Crest_Dr_San_Diego_CA_92127 – Mello Roos $330/month + $80 HOA = $410/month

http://www.sdlookup.com/MLS-100036938-17047_Sienna_Ridge_Dr_San_Diego_CA_92127 – Mello Roos $291/month + $69/month HOA = $360/month

I’m comparing NEW homes here, as a comparison to HOA for NEW homes in Sky Ranch.

Again, Sky Ranch and Santee isn’t for everyone. All I’m saying is we like it, and so do our neighbors. If it isn’t for you, then you don’t have to live here. I’m just providing the facts on Santee and Sky Ranch for people who are looking around. No need to be vulgar or curse to make a point. Rancho Bernardo is nice too. We like the landscape of the area. Heck, I wouldn’t mind living there either, we just happen to have chosen Sky Ranch for all the reasons I’ve posted. Of course, this is for us and it meets our needs. When we bought, we were comparing this to 4S Ranch, San Marcos, and Chula Vista for NEW homes. So, if you aren’t looking for a new home, my information, or case study, may not be a good example for you.

[natty]

[quote=SkyRanchOwner]natty, I’m not confused. I bought in an area that already had major depreciation like Chula Vista and San Marcos. They were the first to take major drops unlike Carmel Valley, Del Mar, Rancho Bernardo, and other areas that have MAJOR high-end shadow inventory that will soon push average home prices even lower for those areas, in my opinion. People in these areas have hung on longer and are sitting in their homes, milking the system for every drop of free rent.

Sky Ranch was built after the RE crash started, and Lennar corrected the home prices to match current market values. Of course, prices are still dropping, yet I don’t feel they will drop as much as other areas have yet to drop that were built on the RE boom time, especially areas like 4S Ranch.

Let me clarify, that when I speak of investment, I’m not confused. I’m talking long-term investment, not just someone looking to “flip” or as we call now “flop” in the short-term. Everyone wants a quick buck. We bought in an area and community that we thought mitigated against many current RE risks out there, especially in the higher end areas, that, as I mentioned, in my opinion, still have a ways to go in correction to come back to reality. Again, we are thinking long-term, versus short term, as, natty, you may be thinking.

If you had bought property in East Village or other areas, before the boom, wouldn’t you have made money? Areas that undergo GENTRIFICATION can appreciate in value and increase the demand for that area. All it takes is the right plan, execution, and a little time and patience, which, unfortunately, most people don’t have these days.

All I have to tell you, which is a fact, is that homes are still selling in Sky Ranch! Sure, prices will fluctuate, but that fluctuation will be reduced, in my opinion. Once Sky Ranch is built out, and there are no more homes left, except resale, prices will go up. It will be a simple supply and demand, economical process. Sky Ranch is the BEST, NEW community in East County per location, views, home size, lot size, commute time, and many other factors.

PS – I don’t plan on moving anytime soon, because I really like it here, yet I would rather have positive equity than negative equity in my home any time of the day. So, I see less risk of this versus all the other new home buyers who bought during the boom period and are already majorly underwater, 3-5 years out…[/quote]

had been meaning to get back to this.
im not questioning your long term investment vs flip.

you originally stated that you bought independent of cost at the time because you anticipate the value of your property to increase over time. you were willing to absorb ANOTHER 30% drop in value because of x,y,z. now you have gone to great lengths to explain that original thought process, but within those explanations seems to be the underlying idea that you will make money on your investment. that you see less risk in the area you purchased in vs. those you have selected to compare with. This is where confusion arrives.

this is point people are disagreeing with.

if you were to write you bought home in sky ranch because you loved it for aesthetic reason(view, lifestyle, shops, etc.) and that $ played no role now or in 30 years, I would fall in line and go on my way.

But that’s not what you are writing. You are now writing you bought there because you anticipate the value of your property to rise, you ‘believe’ in the entire community plan & residents, and you foresaw less risk at the time of purchase in this area vs. the other areas you looked.

Because you have convinced yourself you made the correct decision now & future, does not mean others are incorrect for questioning your logic & reasons in selecting the area at the assumed cost you did.

[natty]

[quote=SkyRanchOwner]natty, I’m not confused. I bought in an area that already had major depreciation like Chula Vista and San Marcos. They were the first to take major drops unlike Carmel Valley, Del Mar, Rancho Bernardo, and other areas that have MAJOR high-end shadow inventory that will soon push average home prices even lower for those areas, in my opinion. People in these areas have hung on longer and are sitting in their homes, milking the system for every drop of free rent.

Sky Ranch was built after the RE crash started, and Lennar corrected the home prices to match current market values. Of course, prices are still dropping, yet I don’t feel they will drop as much as other areas have yet to drop that were built on the RE boom time, especially areas like 4S Ranch.

Let me clarify, that when I speak of investment, I’m not confused. I’m talking long-term investment, not just someone looking to “flip” or as we call now “flop” in the short-term. Everyone wants a quick buck. We bought in an area and community that we thought mitigated against many current RE risks out there, especially in the higher end areas, that, as I mentioned, in my opinion, still have a ways to go in correction to come back to reality. Again, we are thinking long-term, versus short term, as, natty, you may be thinking.

If you had bought property in East Village or other areas, before the boom, wouldn’t you have made money? Areas that undergo GENTRIFICATION can appreciate in value and increase the demand for that area. All it takes is the right plan, execution, and a little time and patience, which, unfortunately, most people don’t have these days.

All I have to tell you, which is a fact, is that homes are still selling in Sky Ranch! Sure, prices will fluctuate, but that fluctuation will be reduced, in my opinion. Once Sky Ranch is built out, and there are no more homes left, except resale, prices will go up. It will be a simple supply and demand, economical process. Sky Ranch is the BEST, NEW community in East County per location, views, home size, lot size, commute time, and many other factors.

PS – I don’t plan on moving anytime soon, because I really like it here, yet I would rather have positive equity than negative equity in my home any time of the day. So, I see less risk of this versus all the other new home buyers who bought during the boom period and are already majorly underwater, 3-5 years out…[/quote]

had been meaning to get back to this.
im not questioning your long term investment vs flip.

you originally stated that you bought independent of cost at the time because you anticipate the value of your property to increase over time. you were willing to absorb ANOTHER 30% drop in value because of x,y,z. now you have gone to great lengths to explain that original thought process, but within those explanations seems to be the underlying idea that you will make money on your investment. that you see less risk in the area you purchased in vs. those you have selected to compare with. This is where confusion arrives.

this is point people are disagreeing with.

if you were to write you bought home in sky ranch because you loved it for aesthetic reason(view, lifestyle, shops, etc.) and that $ played no role now or in 30 years, I would fall in line and go on my way.

But that’s not what you are writing. You are now writing you bought there because you anticipate the value of your property to rise, you ‘believe’ in the entire community plan & residents, and you foresaw less risk at the time of purchase in this area vs. the other areas you looked.

Because you have convinced yourself you made the correct decision now & future, does not mean others are incorrect for questioning your logic & reasons in selecting the area at the assumed cost you did.

[natty]

[quote=SkyRanchOwner]natty, I’m not confused. I bought in an area that already had major depreciation like Chula Vista and San Marcos. They were the first to take major drops unlike Carmel Valley, Del Mar, Rancho Bernardo, and other areas that have MAJOR high-end shadow inventory that will soon push average home prices even lower for those areas, in my opinion. People in these areas have hung on longer and are sitting in their homes, milking the system for every drop of free rent.

Sky Ranch was built after the RE crash started, and Lennar corrected the home prices to match current market values. Of course, prices are still dropping, yet I don’t feel they will drop as much as other areas have yet to drop that were built on the RE boom time, especially areas like 4S Ranch.

Let me clarify, that when I speak of investment, I’m not confused. I’m talking long-term investment, not just someone looking to “flip” or as we call now “flop” in the short-term. Everyone wants a quick buck. We bought in an area and community that we thought mitigated against many current RE risks out there, especially in the higher end areas, that, as I mentioned, in my opinion, still have a ways to go in correction to come back to reality. Again, we are thinking long-term, versus short term, as, natty, you may be thinking.

If you had bought property in East Village or other areas, before the boom, wouldn’t you have made money? Areas that undergo GENTRIFICATION can appreciate in value and increase the demand for that area. All it takes is the right plan, execution, and a little time and patience, which, unfortunately, most people don’t have these days.

All I have to tell you, which is a fact, is that homes are still selling in Sky Ranch! Sure, prices will fluctuate, but that fluctuation will be reduced, in my opinion. Once Sky Ranch is built out, and there are no more homes left, except resale, prices will go up. It will be a simple supply and demand, economical process. Sky Ranch is the BEST, NEW community in East County per location, views, home size, lot size, commute time, and many other factors.

PS – I don’t plan on moving anytime soon, because I really like it here, yet I would rather have positive equity than negative equity in my home any time of the day. So, I see less risk of this versus all the other new home buyers who bought during the boom period and are already majorly underwater, 3-5 years out…[/quote]

had been meaning to get back to this.
im not questioning your long term investment vs flip.

you originally stated that you bought independent of cost at the time because you anticipate the value of your property to increase over time. you were willing to absorb ANOTHER 30% drop in value because of x,y,z. now you have gone to great lengths to explain that original thought process, but within those explanations seems to be the underlying idea that you will make money on your investment. that you see less risk in the area you purchased in vs. those you have selected to compare with. This is where confusion arrives.

this is point people are disagreeing with.

if you were to write you bought home in sky ranch because you loved it for aesthetic reason(view, lifestyle, shops, etc.) and that $ played no role now or in 30 years, I would fall in line and go on my way.

But that’s not what you are writing. You are now writing you bought there because you anticipate the value of your property to rise, you ‘believe’ in the entire community plan & residents, and you foresaw less risk at the time of purchase in this area vs. the other areas you looked.

Because you have convinced yourself you made the correct decision now & future, does not mean others are incorrect for questioning your logic & reasons in selecting the area at the assumed cost you did.

[natty]

[quote=SkyRanchOwner]natty, I’m not confused. I bought in an area that already had major depreciation like Chula Vista and San Marcos. They were the first to take major drops unlike Carmel Valley, Del Mar, Rancho Bernardo, and other areas that have MAJOR high-end shadow inventory that will soon push average home prices even lower for those areas, in my opinion. People in these areas have hung on longer and are sitting in their homes, milking the system for every drop of free rent.

Sky Ranch was built after the RE crash started, and Lennar corrected the home prices to match current market values. Of course, prices are still dropping, yet I don’t feel they will drop as much as other areas have yet to drop that were built on the RE boom time, especially areas like 4S Ranch.

Let me clarify, that when I speak of investment, I’m not confused. I’m talking long-term investment, not just someone looking to “flip” or as we call now “flop” in the short-term. Everyone wants a quick buck. We bought in an area and community that we thought mitigated against many current RE risks out there, especially in the higher end areas, that, as I mentioned, in my opinion, still have a ways to go in correction to come back to reality. Again, we are thinking long-term, versus short term, as, natty, you may be thinking.

If you had bought property in East Village or other areas, before the boom, wouldn’t you have made money? Areas that undergo GENTRIFICATION can appreciate in value and increase the demand for that area. All it takes is the right plan, execution, and a little time and patience, which, unfortunately, most people don’t have these days.

All I have to tell you, which is a fact, is that homes are still selling in Sky Ranch! Sure, prices will fluctuate, but that fluctuation will be reduced, in my opinion. Once Sky Ranch is built out, and there are no more homes left, except resale, prices will go up. It will be a simple supply and demand, economical process. Sky Ranch is the BEST, NEW community in East County per location, views, home size, lot size, commute time, and many other factors.

PS – I don’t plan on moving anytime soon, because I really like it here, yet I would rather have positive equity than negative equity in my home any time of the day. So, I see less risk of this versus all the other new home buyers who bought during the boom period and are already majorly underwater, 3-5 years out…[/quote]

had been meaning to get back to this.
im not questioning your long term investment vs flip.

you originally stated that you bought independent of cost at the time because you anticipate the value of your property to increase over time. you were willing to absorb ANOTHER 30% drop in value because of x,y,z. now you have gone to great lengths to explain that original thought process, but within those explanations seems to be the underlying idea that you will make money on your investment. that you see less risk in the area you purchased in vs. those you have selected to compare with. This is where confusion arrives.

this is point people are disagreeing with.

if you were to write you bought home in sky ranch because you loved it for aesthetic reason(view, lifestyle, shops, etc.) and that $ played no role now or in 30 years, I would fall in line and go on my way.

But that’s not what you are writing. You are now writing you bought there because you anticipate the value of your property to rise, you ‘believe’ in the entire community plan & residents, and you foresaw less risk at the time of purchase in this area vs. the other areas you looked.

Because you have convinced yourself you made the correct decision now & future, does not mean others are incorrect for questioning your logic & reasons in selecting the area at the assumed cost you did.

[Author]

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