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jpinpb.
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June 1, 2009 at 10:29 AM #408283June 1, 2009 at 10:29 AM #408521
DaCounselor
ParticipantWhat are these places actually closing for? I thought I saw one go for around $425K a few months ago.
Attached housing in West Clairemont has been taking a beating. The townhomes on Ariane and Balboa Terrace are back down around ’03 pricing. Probably more room to the downside over the next few years as well. $500K+ for Sunset Cove seems like a bad bet.
June 1, 2009 at 10:29 AM #408767ParticipantWhat are these places actually closing for? I thought I saw one go for around $425K a few months ago.
Attached housing in West Clairemont has been taking a beating. The townhomes on Ariane and Balboa Terrace are back down around ’03 pricing. Probably more room to the downside over the next few years as well. $500K+ for Sunset Cove seems like a bad bet.
June 1, 2009 at 10:29 AM #408828ParticipantWhat are these places actually closing for? I thought I saw one go for around $425K a few months ago.
Attached housing in West Clairemont has been taking a beating. The townhomes on Ariane and Balboa Terrace are back down around ’03 pricing. Probably more room to the downside over the next few years as well. $500K+ for Sunset Cove seems like a bad bet.
June 1, 2009 at 10:29 AM #408980ParticipantWhat are these places actually closing for? I thought I saw one go for around $425K a few months ago.
Attached housing in West Clairemont has been taking a beating. The townhomes on Ariane and Balboa Terrace are back down around ’03 pricing. Probably more room to the downside over the next few years as well. $500K+ for Sunset Cove seems like a bad bet.
June 1, 2009 at 10:35 AM #408298jpinpb
ParticipantI agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years.
June 1, 2009 at 10:35 AM #408535ParticipantI agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years.
June 1, 2009 at 10:35 AM #408782ParticipantI agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years.
June 1, 2009 at 10:35 AM #408843ParticipantI agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years.
June 1, 2009 at 10:35 AM #408995ParticipantI agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years.
June 1, 2009 at 1:42 PM #408476sunny88
Participant[quote=jpinpb]I agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years. [/quote]
Why take the chance if you rent a nicer place for much less and wait until the market bottoms?
June 1, 2009 at 1:42 PM #408714Participant[quote=jpinpb]I agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years. [/quote]
Why take the chance if you rent a nicer place for much less and wait until the market bottoms?
June 1, 2009 at 1:42 PM #408962Participant[quote=jpinpb]I agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years. [/quote]
Why take the chance if you rent a nicer place for much less and wait until the market bottoms?
June 1, 2009 at 1:42 PM #409023Participant[quote=jpinpb]I agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years. [/quote]
Why take the chance if you rent a nicer place for much less and wait until the market bottoms?
June 1, 2009 at 1:42 PM #409176Participant[quote=jpinpb]I agree. Granted that SC is new and Canyon Rim and BT are older. You don’t have to worry about maintenance yet. But I expect to see declines in SC. I can’t justify buying there, unless to live for free for a year or so and not pay any mortgage and save money. That’s if you don’t mind hurting your credit for a few years. [/quote]
Why take the chance if you rent a nicer place for much less and wait until the market bottoms?
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