Upper MId to Lower High End Market in NCC

[bearishgurl]

[quote=sdrealtor]. . . I always see people getting crazy over the prices and appreciation.

What would be reasonable appreciation of an asset over 22 years?. . . [/quote]

I never got “crazy” over prices and appreciation. I’m really not too much of a numbers cruncher as in the areas I’m most familiar with, the properties are all unique. I never made a “killing” selling any of my properties and I’m still standing and life is good :=)

If the owners are the same ones as purchased new in 1988 and did not borrow any more from the property since then, I stand by my assertion that they can deal and move on.

My former guess of $1,075K/$875K still stands if it is within 15 miles of your “farm” area, excluding San Marcos.

[CA renter]

[quote=sdrealtor]CAR
Correct me if I am wrong but I dont beleive 1988 was the peak of the last cycle and this house was worth alot more than $500K in 1999. Heck, my house was worth over 550K in 1999. FWIW its located somewhere you would happily live.[/quote]

Close enough. The peak of the last cycle in California was ~1989/1990, depending on the market.

Is it a new possible listing…that we might be interested in? 🙂

[CA renter]

[quote=sdrealtor]CAR
Correct me if I am wrong but I dont beleive 1988 was the peak of the last cycle and this house was worth alot more than $500K in 1999. Heck, my house was worth over 550K in 1999. FWIW its located somewhere you would happily live.[/quote]

Close enough. The peak of the last cycle in California was ~1989/1990, depending on the market.

Is it a new possible listing…that we might be interested in? 🙂

[CA renter]

[quote=sdrealtor]CAR
Correct me if I am wrong but I dont beleive 1988 was the peak of the last cycle and this house was worth alot more than $500K in 1999. Heck, my house was worth over 550K in 1999. FWIW its located somewhere you would happily live.[/quote]

Close enough. The peak of the last cycle in California was ~1989/1990, depending on the market.

Is it a new possible listing…that we might be interested in? 🙂

[CA renter]

[quote=sdrealtor]CAR
Correct me if I am wrong but I dont beleive 1988 was the peak of the last cycle and this house was worth alot more than $500K in 1999. Heck, my house was worth over 550K in 1999. FWIW its located somewhere you would happily live.[/quote]

Close enough. The peak of the last cycle in California was ~1989/1990, depending on the market.

Is it a new possible listing…that we might be interested in? 🙂

[CA renter]

[quote=sdrealtor]CAR
Correct me if I am wrong but I dont beleive 1988 was the peak of the last cycle and this house was worth alot more than $500K in 1999. Heck, my house was worth over 550K in 1999. FWIW its located somewhere you would happily live.[/quote]

Close enough. The peak of the last cycle in California was ~1989/1990, depending on the market.

Is it a new possible listing…that we might be interested in? 🙂

[CA renter]

For example, I can show you houses that are worth LESS than they were in 1988 (Detroit, for example), and some around here that have recently sold for very near 1989 prices. Then, there are some that have sold for 3-4X (or more) than their 1989 prices, so it really depends on what and where it is.

[CA renter]

For example, I can show you houses that are worth LESS than they were in 1988 (Detroit, for example), and some around here that have recently sold for very near 1989 prices. Then, there are some that have sold for 3-4X (or more) than their 1989 prices, so it really depends on what and where it is.

[CA renter]

For example, I can show you houses that are worth LESS than they were in 1988 (Detroit, for example), and some around here that have recently sold for very near 1989 prices. Then, there are some that have sold for 3-4X (or more) than their 1989 prices, so it really depends on what and where it is.

[CA renter]

For example, I can show you houses that are worth LESS than they were in 1988 (Detroit, for example), and some around here that have recently sold for very near 1989 prices. Then, there are some that have sold for 3-4X (or more) than their 1989 prices, so it really depends on what and where it is.

[CA renter]

For example, I can show you houses that are worth LESS than they were in 1988 (Detroit, for example), and some around here that have recently sold for very near 1989 prices. Then, there are some that have sold for 3-4X (or more) than their 1989 prices, so it really depends on what and where it is.

[sdrealtor]

probably too big and more than you would want to spend. Price is a little less than double the 1988 nominal price. 1990 price of model match on street was $200K++ more so it wasnt sold at peak in 1988. In 1995/96 model matche sales were well above 1988 price. 1999 sale on same street for same model was over $850K.

[sdrealtor]

probably too big and more than you would want to spend. Price is a little less than double the 1988 nominal price. 1990 price of model match on street was $200K++ more so it wasnt sold at peak in 1988. In 1995/96 model matche sales were well above 1988 price. 1999 sale on same street for same model was over $850K.

[sdrealtor]

probably too big and more than you would want to spend. Price is a little less than double the 1988 nominal price. 1990 price of model match on street was $200K++ more so it wasnt sold at peak in 1988. In 1995/96 model matche sales were well above 1988 price. 1999 sale on same street for same model was over $850K.

[sdrealtor]

probably too big and more than you would want to spend. Price is a little less than double the 1988 nominal price. 1990 price of model match on street was $200K++ more so it wasnt sold at peak in 1988. In 1995/96 model matche sales were well above 1988 price. 1999 sale on same street for same model was over $850K.

[Author]

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