UT: County housing market strengthening

[CA renter]

[quote=sdrealtor]I’m not going to claim anything about the prices being reasonable because that is irrlevant. Most of your examples are big stretches for the following reasons:

1. Beach properties are a different animal and we know you arent looking for one any way.

2. I see lots of 1997 and 1998 prices which history has told us were the bottom of the prior cycle and not a good starting point.

3. These are asking prices and not sold prices. I can ask $1M for my pencil and be delusional.

You claimed that sellers were asking for 200% appreciation over 2000/2001 prices (which I think we both would agree were reasonably fair). When I look at prices IN THE AREAS I KNOW YOU ARE CONSIDERING (not the examples you data mine to fit your hyperbolic statements which are homes you arent even considering), I see home prices up about 66% from 2000/2001 not anything close to up 200%. I also dont see delusional sellers asking for 200% more than 2000/2001 prices in these areas.

[/quote]

1. No, we’re not considering Neptune, if that’s what you mean by “beach properties,” but we ARE considering coastal areas west of the 5, and have made a few offers in those areas over the years.

We cast a fairly wide net, and are looking at the total package and what we determine would be a reasonable value based on the house, lot, and location.

2. Yes, the bottom of the last cycle was generally in 1996-1998, depending on the specific area. It doesn’t mean we can’t see those prices again (in many places, they are seeing those prices). I’m not nearly as convinced as you are that we are suddenly “different” or “special” here. As a matter of fact, I’m fully convinced that if the Fed and govt hadn’t intervened via artificially low rates, foreclosure moratoriums, loan mods, bank bailouts, tax credits, etc.; we’d be seeing 1999-2001 prices in our areas as well.

3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.

[an]

[quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.

[an]

[quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.

[an]

[quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.

[an]

[quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.

[an]

[quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.

[CA renter]

[quote=AN][quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.[/quote]

AN,

Most of those are two-story and/or have HOAs, which eliminate them from out list right off the bat (they’d have to be exceptionally cheap for us to even think about it).

The single-story ones without HOAs have certainly been in our line of sight, but they are all too small or have irregular/small lots. I think these homes will have offers on them soon enough.

Yes, as I’ve said many, many times before, some houses are priced well enough that some people will buy them. We just haven’t found the one that we are willing to buy (or that the sellers were willing to sell at our price)…yet. 😉

[CA renter]

[quote=AN][quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.[/quote]

AN,

Most of those are two-story and/or have HOAs, which eliminate them from out list right off the bat (they’d have to be exceptionally cheap for us to even think about it).

The single-story ones without HOAs have certainly been in our line of sight, but they are all too small or have irregular/small lots. I think these homes will have offers on them soon enough.

Yes, as I’ve said many, many times before, some houses are priced well enough that some people will buy them. We just haven’t found the one that we are willing to buy (or that the sellers were willing to sell at our price)…yet. 😉

[CA renter]

[quote=AN][quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.[/quote]

AN,

Most of those are two-story and/or have HOAs, which eliminate them from out list right off the bat (they’d have to be exceptionally cheap for us to even think about it).

The single-story ones without HOAs have certainly been in our line of sight, but they are all too small or have irregular/small lots. I think these homes will have offers on them soon enough.

Yes, as I’ve said many, many times before, some houses are priced well enough that some people will buy them. We just haven’t found the one that we are willing to buy (or that the sellers were willing to sell at our price)…yet. 😉

[CA renter]

[quote=AN][quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.[/quote]

AN,

Most of those are two-story and/or have HOAs, which eliminate them from out list right off the bat (they’d have to be exceptionally cheap for us to even think about it).

The single-story ones without HOAs have certainly been in our line of sight, but they are all too small or have irregular/small lots. I think these homes will have offers on them soon enough.

Yes, as I’ve said many, many times before, some houses are priced well enough that some people will buy them. We just haven’t found the one that we are willing to buy (or that the sellers were willing to sell at our price)…yet. 😉

[CA renter]

[quote=AN][quote=CA renter]
3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]
So, can you your DWCAP clarify on this statement? Are you saying all current listings are delusional or just some are delusional? Are these delusional sellers? I know most if not all are not the type of house you’re looking for, but they’re in 92009 none the less.

http://www.sdlookup.com/MLS-100005676-6048_Rancho_Bravado_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100021264-2906_Corte_Celeste_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-090048155-2482_Unicornio_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020342-6358_Paseo_Descanso_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100014093-7860_Via_Adelfa_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018174-2367_Terraza_Salvo_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100019956-2784_Galicia_Way_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100018227-2509_La_Golondrina_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100009967-2432_Badajoz_Pl_Carlsbad_CA_92009 (We’ve talked about this one before, still on the market after 57 days)
http://www.sdlookup.com/MLS-100000373-7009_El_Fuerte_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100020619-7901_Corte_Felipe_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100000456-3227_Rancho_Companero_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100011667-6286_Paseo_Callado_St_Carlsbad_CA_92009
http://www.sdlookup.com/MLS-100022316-3055_Camino_Serbal_Carlsbad_CA_92009

Those are just 92009. As we all know, 92009 held up much better than 92029, which you mentioned you’re also looking at as well. We’ve already gone through many very reasonable listings in 92029 before. They’re not just the home you’re looking for.

As I’ve said in another thread, I feel for you and your situation. But I think you have a very specific set of requirements that I don’t think is very representative of the market as a whole.[/quote]

AN,

Most of those are two-story and/or have HOAs, which eliminate them from out list right off the bat (they’d have to be exceptionally cheap for us to even think about it).

The single-story ones without HOAs have certainly been in our line of sight, but they are all too small or have irregular/small lots. I think these homes will have offers on them soon enough.

Yes, as I’ve said many, many times before, some houses are priced well enough that some people will buy them. We just haven’t found the one that we are willing to buy (or that the sellers were willing to sell at our price)…yet. 😉

[sdrealtor]

[quote=CA renter][quote=sdrealtor]I’m not going to claim anything about the prices being reasonable because that is irrlevant. Most of your examples are big stretches for the following reasons:

1. Beach properties are a different animal and we know you arent looking for one any way.

2. I see lots of 1997 and 1998 prices which history has told us were the bottom of the prior cycle and not a good starting point.

3. These are asking prices and not sold prices. I can ask $1M for my pencil and be delusional.

You claimed that sellers were asking for 200% appreciation over 2000/2001 prices (which I think we both would agree were reasonably fair). When I look at prices IN THE AREAS I KNOW YOU ARE CONSIDERING (not the examples you data mine to fit your hyperbolic statements which are homes you arent even considering), I see home prices up about 66% from 2000/2001 not anything close to up 200%. I also dont see delusional sellers asking for 200% more than 2000/2001 prices in these areas.

[/quote]

1. No, we’re not considering Neptune, if that’s what you mean by “beach properties,” but we ARE considering coastal areas west of the 5, and have made a few offers in those areas over the years.

We cast a fairly wide net, and are looking at the total package and what we determine would be a reasonable value based on the house, lot, and location.

2. Yes, the bottom of the last cycle was generally in 1996-1998, depending on the specific area. It doesn’t mean we can’t see those prices again (in many places, they are seeing those prices). I’m not nearly as convinced as you are that we are suddenly “different” or “special” here. As a matter of fact, I’m fully convinced that if the Fed and govt hadn’t intervened via artificially low rates, foreclosure moratoriums, loan mods, bank bailouts, tax credits, etc.; we’d be seeing 1999-2001 prices in our areas as well.

3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]

West of I-5 yes but West of the 101 no. I think we would both agree that its highly unlikely you will find a 1 story with 2000+ Sf, 4+br and a 1/4 acre or larger all flat and usable lot west of the 101. Most of your beach area examples were west of the 101.

Not suddenly different. The change has been happening slowly and consistently over the last dozen years. Places can change over time and this area certainly has. Talk to old timers and they can tell you. heck, werent you decrying the changes that have occurred in life around here?

I dont see the delusional sellers as the issue but rather that you are looking for something really special that rarely comes on the market. Properties like that are always contested. Thus they almost always sell at a premium to the current market. One very important thing you probably have not considered is that there is that alot of the demand for those places comes from long time successful residents who arent actively looking to move UNLESS somethng special comes along. I have a half dozen past clients who are very happy and have no plans on moving unless their dream home came available and then they would in a NY minute. And they have plenty of cash to do so.

[sdrealtor]

[quote=CA renter][quote=sdrealtor]I’m not going to claim anything about the prices being reasonable because that is irrlevant. Most of your examples are big stretches for the following reasons:

1. Beach properties are a different animal and we know you arent looking for one any way.

2. I see lots of 1997 and 1998 prices which history has told us were the bottom of the prior cycle and not a good starting point.

3. These are asking prices and not sold prices. I can ask $1M for my pencil and be delusional.

You claimed that sellers were asking for 200% appreciation over 2000/2001 prices (which I think we both would agree were reasonably fair). When I look at prices IN THE AREAS I KNOW YOU ARE CONSIDERING (not the examples you data mine to fit your hyperbolic statements which are homes you arent even considering), I see home prices up about 66% from 2000/2001 not anything close to up 200%. I also dont see delusional sellers asking for 200% more than 2000/2001 prices in these areas.

[/quote]

1. No, we’re not considering Neptune, if that’s what you mean by “beach properties,” but we ARE considering coastal areas west of the 5, and have made a few offers in those areas over the years.

We cast a fairly wide net, and are looking at the total package and what we determine would be a reasonable value based on the house, lot, and location.

2. Yes, the bottom of the last cycle was generally in 1996-1998, depending on the specific area. It doesn’t mean we can’t see those prices again (in many places, they are seeing those prices). I’m not nearly as convinced as you are that we are suddenly “different” or “special” here. As a matter of fact, I’m fully convinced that if the Fed and govt hadn’t intervened via artificially low rates, foreclosure moratoriums, loan mods, bank bailouts, tax credits, etc.; we’d be seeing 1999-2001 prices in our areas as well.

3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]

West of I-5 yes but West of the 101 no. I think we would both agree that its highly unlikely you will find a 1 story with 2000+ Sf, 4+br and a 1/4 acre or larger all flat and usable lot west of the 101. Most of your beach area examples were west of the 101.

Not suddenly different. The change has been happening slowly and consistently over the last dozen years. Places can change over time and this area certainly has. Talk to old timers and they can tell you. heck, werent you decrying the changes that have occurred in life around here?

I dont see the delusional sellers as the issue but rather that you are looking for something really special that rarely comes on the market. Properties like that are always contested. Thus they almost always sell at a premium to the current market. One very important thing you probably have not considered is that there is that alot of the demand for those places comes from long time successful residents who arent actively looking to move UNLESS somethng special comes along. I have a half dozen past clients who are very happy and have no plans on moving unless their dream home came available and then they would in a NY minute. And they have plenty of cash to do so.

[sdrealtor]

[quote=CA renter][quote=sdrealtor]I’m not going to claim anything about the prices being reasonable because that is irrlevant. Most of your examples are big stretches for the following reasons:

1. Beach properties are a different animal and we know you arent looking for one any way.

2. I see lots of 1997 and 1998 prices which history has told us were the bottom of the prior cycle and not a good starting point.

3. These are asking prices and not sold prices. I can ask $1M for my pencil and be delusional.

You claimed that sellers were asking for 200% appreciation over 2000/2001 prices (which I think we both would agree were reasonably fair). When I look at prices IN THE AREAS I KNOW YOU ARE CONSIDERING (not the examples you data mine to fit your hyperbolic statements which are homes you arent even considering), I see home prices up about 66% from 2000/2001 not anything close to up 200%. I also dont see delusional sellers asking for 200% more than 2000/2001 prices in these areas.

[/quote]

1. No, we’re not considering Neptune, if that’s what you mean by “beach properties,” but we ARE considering coastal areas west of the 5, and have made a few offers in those areas over the years.

We cast a fairly wide net, and are looking at the total package and what we determine would be a reasonable value based on the house, lot, and location.

2. Yes, the bottom of the last cycle was generally in 1996-1998, depending on the specific area. It doesn’t mean we can’t see those prices again (in many places, they are seeing those prices). I’m not nearly as convinced as you are that we are suddenly “different” or “special” here. As a matter of fact, I’m fully convinced that if the Fed and govt hadn’t intervened via artificially low rates, foreclosure moratoriums, loan mods, bank bailouts, tax credits, etc.; we’d be seeing 1999-2001 prices in our areas as well.

3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]

West of I-5 yes but West of the 101 no. I think we would both agree that its highly unlikely you will find a 1 story with 2000+ Sf, 4+br and a 1/4 acre or larger all flat and usable lot west of the 101. Most of your beach area examples were west of the 101.

Not suddenly different. The change has been happening slowly and consistently over the last dozen years. Places can change over time and this area certainly has. Talk to old timers and they can tell you. heck, werent you decrying the changes that have occurred in life around here?

I dont see the delusional sellers as the issue but rather that you are looking for something really special that rarely comes on the market. Properties like that are always contested. Thus they almost always sell at a premium to the current market. One very important thing you probably have not considered is that there is that alot of the demand for those places comes from long time successful residents who arent actively looking to move UNLESS somethng special comes along. I have a half dozen past clients who are very happy and have no plans on moving unless their dream home came available and then they would in a NY minute. And they have plenty of cash to do so.

[sdrealtor]

[quote=CA renter][quote=sdrealtor]I’m not going to claim anything about the prices being reasonable because that is irrlevant. Most of your examples are big stretches for the following reasons:

1. Beach properties are a different animal and we know you arent looking for one any way.

2. I see lots of 1997 and 1998 prices which history has told us were the bottom of the prior cycle and not a good starting point.

3. These are asking prices and not sold prices. I can ask $1M for my pencil and be delusional.

You claimed that sellers were asking for 200% appreciation over 2000/2001 prices (which I think we both would agree were reasonably fair). When I look at prices IN THE AREAS I KNOW YOU ARE CONSIDERING (not the examples you data mine to fit your hyperbolic statements which are homes you arent even considering), I see home prices up about 66% from 2000/2001 not anything close to up 200%. I also dont see delusional sellers asking for 200% more than 2000/2001 prices in these areas.

[/quote]

1. No, we’re not considering Neptune, if that’s what you mean by “beach properties,” but we ARE considering coastal areas west of the 5, and have made a few offers in those areas over the years.

We cast a fairly wide net, and are looking at the total package and what we determine would be a reasonable value based on the house, lot, and location.

2. Yes, the bottom of the last cycle was generally in 1996-1998, depending on the specific area. It doesn’t mean we can’t see those prices again (in many places, they are seeing those prices). I’m not nearly as convinced as you are that we are suddenly “different” or “special” here. As a matter of fact, I’m fully convinced that if the Fed and govt hadn’t intervened via artificially low rates, foreclosure moratoriums, loan mods, bank bailouts, tax credits, etc.; we’d be seeing 1999-2001 prices in our areas as well.

3. As DWCAP already pointed out, when I refer to the delusional sellers, I’m referring to the current listings.[/quote]

West of I-5 yes but West of the 101 no. I think we would both agree that its highly unlikely you will find a 1 story with 2000+ Sf, 4+br and a 1/4 acre or larger all flat and usable lot west of the 101. Most of your beach area examples were west of the 101.

Not suddenly different. The change has been happening slowly and consistently over the last dozen years. Places can change over time and this area certainly has. Talk to old timers and they can tell you. heck, werent you decrying the changes that have occurred in life around here?

I dont see the delusional sellers as the issue but rather that you are looking for something really special that rarely comes on the market. Properties like that are always contested. Thus they almost always sell at a premium to the current market. One very important thing you probably have not considered is that there is that alot of the demand for those places comes from long time successful residents who arent actively looking to move UNLESS somethng special comes along. I have a half dozen past clients who are very happy and have no plans on moving unless their dream home came available and then they would in a NY minute. And they have plenty of cash to do so.

[Author]

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