- This topic has 1,860 replies, 31 voices, and was last updated 13 years, 7 months ago by
UCGal.
-
AuthorPosts
-
September 7, 2010 at 10:04 PM #603015September 7, 2010 at 10:15 PM #601958
bearishgurl
ParticipantWho was the builder? 1988 was a *notorious* year for construction in this county.
September 7, 2010 at 10:15 PM #602049bearishgurl
ParticipantWho was the builder? 1988 was a *notorious* year for construction in this county.
September 7, 2010 at 10:15 PM #602596bearishgurl
ParticipantWho was the builder? 1988 was a *notorious* year for construction in this county.
September 7, 2010 at 10:15 PM #602702bearishgurl
ParticipantWho was the builder? 1988 was a *notorious* year for construction in this county.
September 7, 2010 at 10:15 PM #603020bearishgurl
ParticipantWho was the builder? 1988 was a *notorious* year for construction in this county.
September 7, 2010 at 10:38 PM #601968sdrealtor
ParticipantIll PM it to you.
September 7, 2010 at 10:38 PM #602059sdrealtor
ParticipantIll PM it to you.
September 7, 2010 at 10:38 PM #602606sdrealtor
ParticipantIll PM it to you.
September 7, 2010 at 10:38 PM #602712sdrealtor
ParticipantIll PM it to you.
September 7, 2010 at 10:38 PM #603030sdrealtor
ParticipantIll PM it to you.
September 7, 2010 at 11:28 PM #601988CA renter
Participant[quote=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.[/quote]
If it sold for more in 1995/1996 than it did in 1989, there were factors other than standard “inflation” at play (more desirable/unusual surge in demand, new local employer (paying high wages), demographic shifts, new/improved infrastructure, etc.). The fact that it was new in 1988 might have meant that the area became more accessible or desirable as we moved into the mid-90s, so the pricing trend for that micro-market might have been different than the overall housing market.
For older, existing homes that didn’t see any unusual changes, the peak was 1989-ish, and didn’t recover those prices until around 2000.
September 7, 2010 at 11:28 PM #602079CA renter
Participant[quote=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.[/quote]
If it sold for more in 1995/1996 than it did in 1989, there were factors other than standard “inflation” at play (more desirable/unusual surge in demand, new local employer (paying high wages), demographic shifts, new/improved infrastructure, etc.). The fact that it was new in 1988 might have meant that the area became more accessible or desirable as we moved into the mid-90s, so the pricing trend for that micro-market might have been different than the overall housing market.
For older, existing homes that didn’t see any unusual changes, the peak was 1989-ish, and didn’t recover those prices until around 2000.
September 7, 2010 at 11:28 PM #602626CA renter
Participant[quote=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.[/quote]
If it sold for more in 1995/1996 than it did in 1989, there were factors other than standard “inflation” at play (more desirable/unusual surge in demand, new local employer (paying high wages), demographic shifts, new/improved infrastructure, etc.). The fact that it was new in 1988 might have meant that the area became more accessible or desirable as we moved into the mid-90s, so the pricing trend for that micro-market might have been different than the overall housing market.
For older, existing homes that didn’t see any unusual changes, the peak was 1989-ish, and didn’t recover those prices until around 2000.
September 7, 2010 at 11:28 PM #602732CA renter
Participant[quote=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.[/quote]
If it sold for more in 1995/1996 than it did in 1989, there were factors other than standard “inflation” at play (more desirable/unusual surge in demand, new local employer (paying high wages), demographic shifts, new/improved infrastructure, etc.). The fact that it was new in 1988 might have meant that the area became more accessible or desirable as we moved into the mid-90s, so the pricing trend for that micro-market might have been different than the overall housing market.
For older, existing homes that didn’t see any unusual changes, the peak was 1989-ish, and didn’t recover those prices until around 2000.
-
AuthorPosts
- You must be logged in to reply to this topic.