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  • November 18, 2008 at 12:30 PM #14478
    nybuyer
    Participant

    Saw that Davidson recently lowered its price on the Plan 1 for its Scripps Preserve from $999K to $899K. Anyone think these will fall further?

    Also, what is going on with Tiburon by Cornerstone? Have they lowered their prices yet? Website doesn’t say much. Their Plan 2 was very nice.

    Overall, doesn’t seem like much has happened in SD real estate market in the last few months (seems like prices have flatlined after coming down 25%+). Thoughts?

    Thanks

    November 18, 2008 at 12:39 PM #306582
    SD Realtor
    Participant

    Stonebridge has taken a pounding and will continue to do so albeit maybe at a slower pace. Someone on this site had emailed me a listing below 600k if you can believe that.

    Think of Stonebridge as a 4S Ranch but without any of the nice community that 4S has. Stonebridge is served by PUSD which is great but there are not any schools within Stonebridge. All of the infrastructure is outside it which can be a chore to get to. On the flip side the spacing and lot sizes of Stonebridge is vastly superior to 4S.

    As you commented we have hit a dead spot with respect to inventory. Inventory levels are down and things are sticky right now. Lenders are dragging feet on short sales because of the possibility of pushing the bad loans off to the government and recent legislation has thrown foreclosure processing timelines for a loop. So everything is dragging longer then usual. The slowdown has resulted in decent activity for homes on the market that are priced right and show well in desireable areas. People still looking to get price premiums are still in denial though. I know many of them.

    November 18, 2008 at 12:39 PM #306952
    SD Realtor
    Participant

    Stonebridge has taken a pounding and will continue to do so albeit maybe at a slower pace. Someone on this site had emailed me a listing below 600k if you can believe that.

    Think of Stonebridge as a 4S Ranch but without any of the nice community that 4S has. Stonebridge is served by PUSD which is great but there are not any schools within Stonebridge. All of the infrastructure is outside it which can be a chore to get to. On the flip side the spacing and lot sizes of Stonebridge is vastly superior to 4S.

    As you commented we have hit a dead spot with respect to inventory. Inventory levels are down and things are sticky right now. Lenders are dragging feet on short sales because of the possibility of pushing the bad loans off to the government and recent legislation has thrown foreclosure processing timelines for a loop. So everything is dragging longer then usual. The slowdown has resulted in decent activity for homes on the market that are priced right and show well in desireable areas. People still looking to get price premiums are still in denial though. I know many of them.

    November 18, 2008 at 12:39 PM #306966
    SD Realtor
    Participant

    Stonebridge has taken a pounding and will continue to do so albeit maybe at a slower pace. Someone on this site had emailed me a listing below 600k if you can believe that.

    Think of Stonebridge as a 4S Ranch but without any of the nice community that 4S has. Stonebridge is served by PUSD which is great but there are not any schools within Stonebridge. All of the infrastructure is outside it which can be a chore to get to. On the flip side the spacing and lot sizes of Stonebridge is vastly superior to 4S.

    As you commented we have hit a dead spot with respect to inventory. Inventory levels are down and things are sticky right now. Lenders are dragging feet on short sales because of the possibility of pushing the bad loans off to the government and recent legislation has thrown foreclosure processing timelines for a loop. So everything is dragging longer then usual. The slowdown has resulted in decent activity for homes on the market that are priced right and show well in desireable areas. People still looking to get price premiums are still in denial though. I know many of them.

    November 18, 2008 at 12:39 PM #306984
    SD Realtor
    Participant

    Stonebridge has taken a pounding and will continue to do so albeit maybe at a slower pace. Someone on this site had emailed me a listing below 600k if you can believe that.

    Think of Stonebridge as a 4S Ranch but without any of the nice community that 4S has. Stonebridge is served by PUSD which is great but there are not any schools within Stonebridge. All of the infrastructure is outside it which can be a chore to get to. On the flip side the spacing and lot sizes of Stonebridge is vastly superior to 4S.

    As you commented we have hit a dead spot with respect to inventory. Inventory levels are down and things are sticky right now. Lenders are dragging feet on short sales because of the possibility of pushing the bad loans off to the government and recent legislation has thrown foreclosure processing timelines for a loop. So everything is dragging longer then usual. The slowdown has resulted in decent activity for homes on the market that are priced right and show well in desireable areas. People still looking to get price premiums are still in denial though. I know many of them.

    November 18, 2008 at 12:39 PM #307046
    SD Realtor
    Participant

    Stonebridge has taken a pounding and will continue to do so albeit maybe at a slower pace. Someone on this site had emailed me a listing below 600k if you can believe that.

    Think of Stonebridge as a 4S Ranch but without any of the nice community that 4S has. Stonebridge is served by PUSD which is great but there are not any schools within Stonebridge. All of the infrastructure is outside it which can be a chore to get to. On the flip side the spacing and lot sizes of Stonebridge is vastly superior to 4S.

    As you commented we have hit a dead spot with respect to inventory. Inventory levels are down and things are sticky right now. Lenders are dragging feet on short sales because of the possibility of pushing the bad loans off to the government and recent legislation has thrown foreclosure processing timelines for a loop. So everything is dragging longer then usual. The slowdown has resulted in decent activity for homes on the market that are priced right and show well in desireable areas. People still looking to get price premiums are still in denial though. I know many of them.

    November 18, 2008 at 2:12 PM #306627
    nybuyer
    Participant

    Any info on Tiburon by Cornerstone? Those homes are stunnning…albeit a bit too large for the lots. When I was last there a few months ago, they were still sticking to their $1.2mm asking price for the Residence 2 plan.

    November 18, 2008 at 2:12 PM #306997
    nybuyer
    Participant

    Any info on Tiburon by Cornerstone? Those homes are stunnning…albeit a bit too large for the lots. When I was last there a few months ago, they were still sticking to their $1.2mm asking price for the Residence 2 plan.

    November 18, 2008 at 2:12 PM #307011
    nybuyer
    Participant

    Any info on Tiburon by Cornerstone? Those homes are stunnning…albeit a bit too large for the lots. When I was last there a few months ago, they were still sticking to their $1.2mm asking price for the Residence 2 plan.

    November 18, 2008 at 2:12 PM #307029
    nybuyer
    Participant

    Any info on Tiburon by Cornerstone? Those homes are stunnning…albeit a bit too large for the lots. When I was last there a few months ago, they were still sticking to their $1.2mm asking price for the Residence 2 plan.

    November 18, 2008 at 2:12 PM #307091
    nybuyer
    Participant

    Any info on Tiburon by Cornerstone? Those homes are stunnning…albeit a bit too large for the lots. When I was last there a few months ago, they were still sticking to their $1.2mm asking price for the Residence 2 plan.

    November 18, 2008 at 7:15 PM #306787
    HomeShopping
    Participant

    Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

    15571 Camden Pl $800K 4-30-2008
    15579 Camden PL $905K 8-08-2008
    15587 Camden PL $929K 6-10-2008

    I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

    November 18, 2008 at 7:15 PM #307157
    HomeShopping
    Participant

    Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

    15571 Camden Pl $800K 4-30-2008
    15579 Camden PL $905K 8-08-2008
    15587 Camden PL $929K 6-10-2008

    I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

    November 18, 2008 at 7:15 PM #307170
    HomeShopping
    Participant

    Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

    15571 Camden Pl $800K 4-30-2008
    15579 Camden PL $905K 8-08-2008
    15587 Camden PL $929K 6-10-2008

    I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

    November 18, 2008 at 7:15 PM #307189
    HomeShopping
    Participant

    Here is some recent data from Scripps Preserve. I’m not sure what floor plans these are.

    15571 Camden Pl $800K 4-30-2008
    15579 Camden PL $905K 8-08-2008
    15587 Camden PL $929K 6-10-2008

    I have heard that Davidson is willing to deal on these homes, so you can probably get the price you want.

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