Home › Forums › Closed Forums › Properties or Areas › South Carlsbad in 2011
- This topic has 40 replies, 3 voices, and was last updated 14 years, 2 months ago by
sdrealtor.
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December 4, 2010 at 10:38 AM #635373December 4, 2010 at 1:12 PM #636070
Scarlett
ParticipantThe Via Ostione house stayed on the market over one year! I wonder why.
I can see from some of the houses for sale ( under 550K now), the owners are going to take between 150 and 200K haircut if they bought at the peak of the bubble (2005-2006 – those houses were even reaching 700K). That’s something -25-30% off the peak price. I wouldn’t like to be in their shoes.
Question is, has South Carlsbad suffered alreay most of the pain, or there is still more to come?
Based on the peak values I would think most of it is gone, but it really bubbled up a lot…
I see that some of the prices are 2003 or even earlier (nominal prices), is my impression correct?[quote=sdrealtor]On the surface they seem within range but i would have to see the actual houses, lots and locations to render a stronger opinion.
FYI, Via Ostiones is s mall pocket of newer, nicer and more custom homes within Alga Hills and a definte step up from the others in that community.[/quote]
December 4, 2010 at 1:12 PM #636519Scarlett
ParticipantThe Via Ostione house stayed on the market over one year! I wonder why.
I can see from some of the houses for sale ( under 550K now), the owners are going to take between 150 and 200K haircut if they bought at the peak of the bubble (2005-2006 – those houses were even reaching 700K). That’s something -25-30% off the peak price. I wouldn’t like to be in their shoes.
Question is, has South Carlsbad suffered alreay most of the pain, or there is still more to come?
Based on the peak values I would think most of it is gone, but it really bubbled up a lot…
I see that some of the prices are 2003 or even earlier (nominal prices), is my impression correct?[quote=sdrealtor]On the surface they seem within range but i would have to see the actual houses, lots and locations to render a stronger opinion.
FYI, Via Ostiones is s mall pocket of newer, nicer and more custom homes within Alga Hills and a definte step up from the others in that community.[/quote]
December 4, 2010 at 1:12 PM #635495Scarlett
ParticipantThe Via Ostione house stayed on the market over one year! I wonder why.
I can see from some of the houses for sale ( under 550K now), the owners are going to take between 150 and 200K haircut if they bought at the peak of the bubble (2005-2006 – those houses were even reaching 700K). That’s something -25-30% off the peak price. I wouldn’t like to be in their shoes.
Question is, has South Carlsbad suffered alreay most of the pain, or there is still more to come?
Based on the peak values I would think most of it is gone, but it really bubbled up a lot…
I see that some of the prices are 2003 or even earlier (nominal prices), is my impression correct?[quote=sdrealtor]On the surface they seem within range but i would have to see the actual houses, lots and locations to render a stronger opinion.
FYI, Via Ostiones is s mall pocket of newer, nicer and more custom homes within Alga Hills and a definte step up from the others in that community.[/quote]
December 4, 2010 at 1:12 PM #636201Scarlett
ParticipantThe Via Ostione house stayed on the market over one year! I wonder why.
I can see from some of the houses for sale ( under 550K now), the owners are going to take between 150 and 200K haircut if they bought at the peak of the bubble (2005-2006 – those houses were even reaching 700K). That’s something -25-30% off the peak price. I wouldn’t like to be in their shoes.
Question is, has South Carlsbad suffered alreay most of the pain, or there is still more to come?
Based on the peak values I would think most of it is gone, but it really bubbled up a lot…
I see that some of the prices are 2003 or even earlier (nominal prices), is my impression correct?[quote=sdrealtor]On the surface they seem within range but i would have to see the actual houses, lots and locations to render a stronger opinion.
FYI, Via Ostiones is s mall pocket of newer, nicer and more custom homes within Alga Hills and a definte step up from the others in that community.[/quote]
December 4, 2010 at 1:12 PM #635418Scarlett
ParticipantThe Via Ostione house stayed on the market over one year! I wonder why.
I can see from some of the houses for sale ( under 550K now), the owners are going to take between 150 and 200K haircut if they bought at the peak of the bubble (2005-2006 – those houses were even reaching 700K). That’s something -25-30% off the peak price. I wouldn’t like to be in their shoes.
Question is, has South Carlsbad suffered alreay most of the pain, or there is still more to come?
Based on the peak values I would think most of it is gone, but it really bubbled up a lot…
I see that some of the prices are 2003 or even earlier (nominal prices), is my impression correct?[quote=sdrealtor]On the surface they seem within range but i would have to see the actual houses, lots and locations to render a stronger opinion.
FYI, Via Ostiones is s mall pocket of newer, nicer and more custom homes within Alga Hills and a definte step up from the others in that community.[/quote]
December 4, 2010 at 1:52 PM #636226sdrealtor
Participantmaynard
Candrejo is part of the same newer section as Ostiones. I know plenty about Alga Hills. If you have specific questions, feel free to send via privarew message.December 4, 2010 at 1:52 PM #636544sdrealtor
Participantmaynard
Candrejo is part of the same newer section as Ostiones. I know plenty about Alga Hills. If you have specific questions, feel free to send via privarew message.December 4, 2010 at 1:52 PM #635443sdrealtor
Participantmaynard
Candrejo is part of the same newer section as Ostiones. I know plenty about Alga Hills. If you have specific questions, feel free to send via privarew message.December 4, 2010 at 1:52 PM #636095sdrealtor
Participantmaynard
Candrejo is part of the same newer section as Ostiones. I know plenty about Alga Hills. If you have specific questions, feel free to send via privarew message.December 4, 2010 at 1:52 PM #635519sdrealtor
Participantmaynard
Candrejo is part of the same newer section as Ostiones. I know plenty about Alga Hills. If you have specific questions, feel free to send via privarew message. -
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