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June 17, 2010 at 11:41 AM #567444June 17, 2010 at 11:43 AM #566451scaredyclassicParticipant
it’s good to have money. Sure rich kids have problems, their parents commit white collar crime perhaps but all things being equal, I’d rather live around wealthy people than not.
June 17, 2010 at 11:43 AM #566549scaredyclassicParticipantit’s good to have money. Sure rich kids have problems, their parents commit white collar crime perhaps but all things being equal, I’d rather live around wealthy people than not.
June 17, 2010 at 11:43 AM #567056scaredyclassicParticipantit’s good to have money. Sure rich kids have problems, their parents commit white collar crime perhaps but all things being equal, I’d rather live around wealthy people than not.
June 17, 2010 at 11:43 AM #567164scaredyclassicParticipantit’s good to have money. Sure rich kids have problems, their parents commit white collar crime perhaps but all things being equal, I’d rather live around wealthy people than not.
June 17, 2010 at 11:43 AM #567449scaredyclassicParticipantit’s good to have money. Sure rich kids have problems, their parents commit white collar crime perhaps but all things being equal, I’d rather live around wealthy people than not.
June 17, 2010 at 12:22 PM #566476sdrealtorParticipantI ran some more numbers for the wider market to see if it is the same as my community. I looked at the bread & butter homes in this market which are at least 2500 sq ft with 4BR’s that the typical young professional family looks for with prices under $1M.
45 actives
15 contingent short sales
15 pending sales
33 closed sales in the last 90 daysI tried lowering the price $50K at a time and the above ratios stayed very stable while improving steadily as I lowered the upper limit of the prices.
Then I raised the price $50K at a time and things looked surprisingly stronger than I expected. While the ratio got worse than 3 to 4 months of inventory it wasnt until I got to 1.6M that it reached 6 months of inventory. Of course, between $1M and above it is worse than that but the market as a whole is surprisingly resilent thus far.
June 17, 2010 at 12:22 PM #566573sdrealtorParticipantI ran some more numbers for the wider market to see if it is the same as my community. I looked at the bread & butter homes in this market which are at least 2500 sq ft with 4BR’s that the typical young professional family looks for with prices under $1M.
45 actives
15 contingent short sales
15 pending sales
33 closed sales in the last 90 daysI tried lowering the price $50K at a time and the above ratios stayed very stable while improving steadily as I lowered the upper limit of the prices.
Then I raised the price $50K at a time and things looked surprisingly stronger than I expected. While the ratio got worse than 3 to 4 months of inventory it wasnt until I got to 1.6M that it reached 6 months of inventory. Of course, between $1M and above it is worse than that but the market as a whole is surprisingly resilent thus far.
June 17, 2010 at 12:22 PM #567081sdrealtorParticipantI ran some more numbers for the wider market to see if it is the same as my community. I looked at the bread & butter homes in this market which are at least 2500 sq ft with 4BR’s that the typical young professional family looks for with prices under $1M.
45 actives
15 contingent short sales
15 pending sales
33 closed sales in the last 90 daysI tried lowering the price $50K at a time and the above ratios stayed very stable while improving steadily as I lowered the upper limit of the prices.
Then I raised the price $50K at a time and things looked surprisingly stronger than I expected. While the ratio got worse than 3 to 4 months of inventory it wasnt until I got to 1.6M that it reached 6 months of inventory. Of course, between $1M and above it is worse than that but the market as a whole is surprisingly resilent thus far.
June 17, 2010 at 12:22 PM #567189sdrealtorParticipantI ran some more numbers for the wider market to see if it is the same as my community. I looked at the bread & butter homes in this market which are at least 2500 sq ft with 4BR’s that the typical young professional family looks for with prices under $1M.
45 actives
15 contingent short sales
15 pending sales
33 closed sales in the last 90 daysI tried lowering the price $50K at a time and the above ratios stayed very stable while improving steadily as I lowered the upper limit of the prices.
Then I raised the price $50K at a time and things looked surprisingly stronger than I expected. While the ratio got worse than 3 to 4 months of inventory it wasnt until I got to 1.6M that it reached 6 months of inventory. Of course, between $1M and above it is worse than that but the market as a whole is surprisingly resilent thus far.
June 17, 2010 at 12:22 PM #567474sdrealtorParticipantI ran some more numbers for the wider market to see if it is the same as my community. I looked at the bread & butter homes in this market which are at least 2500 sq ft with 4BR’s that the typical young professional family looks for with prices under $1M.
45 actives
15 contingent short sales
15 pending sales
33 closed sales in the last 90 daysI tried lowering the price $50K at a time and the above ratios stayed very stable while improving steadily as I lowered the upper limit of the prices.
Then I raised the price $50K at a time and things looked surprisingly stronger than I expected. While the ratio got worse than 3 to 4 months of inventory it wasnt until I got to 1.6M that it reached 6 months of inventory. Of course, between $1M and above it is worse than that but the market as a whole is surprisingly resilent thus far.
June 17, 2010 at 12:40 PM #566481scaredyclassicParticipant“resilient” is not a reasonable word to use in describing the housing market. insane, fake, propped up, pretend, frightening, duct-taped-together, all right, but resilient?
June 17, 2010 at 12:40 PM #566578scaredyclassicParticipant“resilient” is not a reasonable word to use in describing the housing market. insane, fake, propped up, pretend, frightening, duct-taped-together, all right, but resilient?
June 17, 2010 at 12:40 PM #567086scaredyclassicParticipant“resilient” is not a reasonable word to use in describing the housing market. insane, fake, propped up, pretend, frightening, duct-taped-together, all right, but resilient?
June 17, 2010 at 12:40 PM #567193scaredyclassicParticipant“resilient” is not a reasonable word to use in describing the housing market. insane, fake, propped up, pretend, frightening, duct-taped-together, all right, but resilient?
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