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Home › Forums › Housing › This news is good for those who haven’t bought, yet.

  • This topic has 625 replies, 28 voices, and was last updated 14 years ago by Anonymous.
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  • January 17, 2011 at 1:37 AM #655794
    stockstradr
    Participant

    Scarlett,

    I think you’ve got plenty to brag about. You beat the odds. You sold and avoided the crash.

    We only ended up netting about $40,000 on our sale.

    Something interested I noticed tonight in plotting all sales data for the Summit complex, going back to 2002.

    At least in that complex, condo prices have already crashed below the previous “bottom” in pricing that was seen in 1st qtr 2009. These prices are new lows.

    The 3BR/2BTH units just broke below $200/sqr ft, a significant new low. The previous “bottom” in 2009 only had the PPSF hit $230 in that complex for the 3/2 units. (The 3BTH/2BR 1232 sq ft units have recently closed as low as $240,000)

    January 17, 2011 at 8:07 AM #654737
    Scarlett
    Participant

    Oh, I was very lucky to have sold in the nick of time. I know that. I just wished I have discovered this awesome site earlier than 2007 :-). BTW, the townhome 1600 sf 3/2.5 we had was off I-15 and Pomerado – across from Lake Hodge, in Vista del Lago complex. I haven’t tracked sales for the same floorplan townhome in my complex, but I’ve seen listing prices more than 50K below of what we sold for. At the price we sold for we can buy now a nice detached home in the same complex with lower HOA.
    I hope your finding is an indicator of more things like that to come – new lows – lower than the spring 2009 lows. That for me will tip the balance in favor of buying – even with higher rates which wiill still be pretty low.

    January 17, 2011 at 8:07 AM #654799
    Scarlett
    Participant

    Oh, I was very lucky to have sold in the nick of time. I know that. I just wished I have discovered this awesome site earlier than 2007 :-). BTW, the townhome 1600 sf 3/2.5 we had was off I-15 and Pomerado – across from Lake Hodge, in Vista del Lago complex. I haven’t tracked sales for the same floorplan townhome in my complex, but I’ve seen listing prices more than 50K below of what we sold for. At the price we sold for we can buy now a nice detached home in the same complex with lower HOA.
    I hope your finding is an indicator of more things like that to come – new lows – lower than the spring 2009 lows. That for me will tip the balance in favor of buying – even with higher rates which wiill still be pretty low.

    January 17, 2011 at 8:07 AM #655396
    Scarlett
    Participant

    Oh, I was very lucky to have sold in the nick of time. I know that. I just wished I have discovered this awesome site earlier than 2007 :-). BTW, the townhome 1600 sf 3/2.5 we had was off I-15 and Pomerado – across from Lake Hodge, in Vista del Lago complex. I haven’t tracked sales for the same floorplan townhome in my complex, but I’ve seen listing prices more than 50K below of what we sold for. At the price we sold for we can buy now a nice detached home in the same complex with lower HOA.
    I hope your finding is an indicator of more things like that to come – new lows – lower than the spring 2009 lows. That for me will tip the balance in favor of buying – even with higher rates which wiill still be pretty low.

    January 17, 2011 at 8:07 AM #655534
    Scarlett
    Participant

    Oh, I was very lucky to have sold in the nick of time. I know that. I just wished I have discovered this awesome site earlier than 2007 :-). BTW, the townhome 1600 sf 3/2.5 we had was off I-15 and Pomerado – across from Lake Hodge, in Vista del Lago complex. I haven’t tracked sales for the same floorplan townhome in my complex, but I’ve seen listing prices more than 50K below of what we sold for. At the price we sold for we can buy now a nice detached home in the same complex with lower HOA.
    I hope your finding is an indicator of more things like that to come – new lows – lower than the spring 2009 lows. That for me will tip the balance in favor of buying – even with higher rates which wiill still be pretty low.

    January 17, 2011 at 8:07 AM #655864
    Scarlett
    Participant

    Oh, I was very lucky to have sold in the nick of time. I know that. I just wished I have discovered this awesome site earlier than 2007 :-). BTW, the townhome 1600 sf 3/2.5 we had was off I-15 and Pomerado – across from Lake Hodge, in Vista del Lago complex. I haven’t tracked sales for the same floorplan townhome in my complex, but I’ve seen listing prices more than 50K below of what we sold for. At the price we sold for we can buy now a nice detached home in the same complex with lower HOA.
    I hope your finding is an indicator of more things like that to come – new lows – lower than the spring 2009 lows. That for me will tip the balance in favor of buying – even with higher rates which wiill still be pretty low.

    June 16, 2011 at 7:37 AM #704043
    Anonymous
    Guest

    tes

    June 16, 2011 at 7:37 AM #704138
    Anonymous
    Guest

    tes

    June 16, 2011 at 7:37 AM #704728
    Anonymous
    Guest

    tes

    June 16, 2011 at 7:37 AM #704880
    Anonymous
    Guest

    tes

    June 16, 2011 at 7:37 AM #705240
    Anonymous
    Guest

    tes

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