UT: County housing market strengthening

[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.

[an]

[quote=sdrealtor]
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.[/quote]
I totally agree with this. I know a few who fall into this category.

[an]

[quote=sdrealtor]
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.[/quote]
I totally agree with this. I know a few who fall into this category.

[an]

[quote=sdrealtor]
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.[/quote]
I totally agree with this. I know a few who fall into this category.

[an]

[quote=sdrealtor]
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.[/quote]
I totally agree with this. I know a few who fall into this category.

[an]

[quote=sdrealtor]
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.[/quote]
I totally agree with this. I know a few who fall into this category.

[zzz]

sdr and everyone else, what is your opinion of the the neighborhoods i’m looking in for single family? mission hills, north park, university heights?

here are a few examples of homes that have sold this year, which many are not in the best locations, very small and some are not even updated, many i wouldn’t even consider buying, but this is what has sold

http://www.sdlookup.com/MLS-100000487-4171_1st_Ave_San_Diego_CA_92103
Date Price Held Return Annual
02/11/2010 $575,000 5y 7m -18% -3%
07/07/2004 $699,000 3y 10m 225% 35%
08/18/2000 $215,000 n/a – –

http://www.sdlookup.com/MLS-100010665-3672_Jackdaw_St_San_Diego_CA_92103
03/30/2010 $670,000 10y 8m 158% 9%
07/30/1999 $260,000 n/a – –

http://www.sdlookup.com/MLS-090042836-3777_Lark_San_Diego_CA_92103
01/30/2010 $740,000 2y 6m -2% -1%
07/23/2007 $753,000 5y 5m 61% 9%
02/13/2002 $467,500 n/a – –

http://www.sdlookup.com/MLS-100001229-3902_Bandini_San_Diego_CA_92103
03/18/2010 $1,175,000 1y 3m 36% 26%
11/24/2008 $865,000 11y 8m 129% 7%
03/27/1997 $378,000 9y 6m 28% 3%

http://www.sdlookup.com/MLS-090059393-4094_1st_San_Diego_CA_92103
02/24/2010 $515,000 2y 10m -31% -12%
04/02/2007 $750,000 4m 6% 18%
11/16/2006 $705,000 3y 10m 101% 20%
01/06/2003 $350,000 n/a – –

http://www.sdlookup.com/MLS-100008334-2222_Commonwealth_Ave_San_Diego_CA_92104
04/16/2010 $580,000 8y 2m 68% 7%
02/14/2002 $345,000 n/a – –

http://www.sdlookup.com/MLS-100014226-3644_29th_St_San_Diego_CA_92104
03/30/2010 $742,000 2y 4m 39% 15%
11/15/2007 $535,000 13y 10m 252% 9%

not updated.
http://www.sdlookup.com/MLS-090049174-3098_Hawthorn_San_Diego_CA_92104
02/23/2010 $445,000 5y 1m -27% -6%
01/12/2005 $610,000 2y 11m 122% 31%
01/22/2002 $275,000 3y 4m 67% 16%
08/28/1998 $164,900 3y 5m 22% 6%

not updated
http://www.sdlookup.com/MLS-090069124-3652_Pershing_Ave_San_Diego_CA_92104
02/17/2010 $641,000 7y 3m 23% 3%
10/28/2002 $520,000 1y 12m 24% 11%
10/31/2000 $419,000 7y 2m 108% 11%

http://www.sdlookup.com/MLS-090065319-3026_29th_San_Diego_CA_92104
01/26/2010 $595,000 1y 6m 21% 13%
07/25/2008 $493,000 n/a – –

here are some listings that i think are overpriced, there are too many to list, but with some sales history in the 2000s
http://www.sdlookup.com/MLS-100022337-3405_Olive_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100010221-3375_Palm_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020224-2421_33rd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100018726-2335_32nd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100017412-2227_Commonwealth_Ave_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100013893-3321_31st_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016334-3106_Maple_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016820-3446_Alabama_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020847-1516_Torrance_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100007715-2234_Guy_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100016487-234_W_Palm_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-090048646-3141_2nd_Ave_San_Diego_CA_92103

[zzz]

sdr and everyone else, what is your opinion of the the neighborhoods i’m looking in for single family? mission hills, north park, university heights?

here are a few examples of homes that have sold this year, which many are not in the best locations, very small and some are not even updated, many i wouldn’t even consider buying, but this is what has sold

http://www.sdlookup.com/MLS-100000487-4171_1st_Ave_San_Diego_CA_92103
Date Price Held Return Annual
02/11/2010 $575,000 5y 7m -18% -3%
07/07/2004 $699,000 3y 10m 225% 35%
08/18/2000 $215,000 n/a – –

http://www.sdlookup.com/MLS-100010665-3672_Jackdaw_St_San_Diego_CA_92103
03/30/2010 $670,000 10y 8m 158% 9%
07/30/1999 $260,000 n/a – –

http://www.sdlookup.com/MLS-090042836-3777_Lark_San_Diego_CA_92103
01/30/2010 $740,000 2y 6m -2% -1%
07/23/2007 $753,000 5y 5m 61% 9%
02/13/2002 $467,500 n/a – –

http://www.sdlookup.com/MLS-100001229-3902_Bandini_San_Diego_CA_92103
03/18/2010 $1,175,000 1y 3m 36% 26%
11/24/2008 $865,000 11y 8m 129% 7%
03/27/1997 $378,000 9y 6m 28% 3%

http://www.sdlookup.com/MLS-090059393-4094_1st_San_Diego_CA_92103
02/24/2010 $515,000 2y 10m -31% -12%
04/02/2007 $750,000 4m 6% 18%
11/16/2006 $705,000 3y 10m 101% 20%
01/06/2003 $350,000 n/a – –

http://www.sdlookup.com/MLS-100008334-2222_Commonwealth_Ave_San_Diego_CA_92104
04/16/2010 $580,000 8y 2m 68% 7%
02/14/2002 $345,000 n/a – –

http://www.sdlookup.com/MLS-100014226-3644_29th_St_San_Diego_CA_92104
03/30/2010 $742,000 2y 4m 39% 15%
11/15/2007 $535,000 13y 10m 252% 9%

not updated.
http://www.sdlookup.com/MLS-090049174-3098_Hawthorn_San_Diego_CA_92104
02/23/2010 $445,000 5y 1m -27% -6%
01/12/2005 $610,000 2y 11m 122% 31%
01/22/2002 $275,000 3y 4m 67% 16%
08/28/1998 $164,900 3y 5m 22% 6%

not updated
http://www.sdlookup.com/MLS-090069124-3652_Pershing_Ave_San_Diego_CA_92104
02/17/2010 $641,000 7y 3m 23% 3%
10/28/2002 $520,000 1y 12m 24% 11%
10/31/2000 $419,000 7y 2m 108% 11%

http://www.sdlookup.com/MLS-090065319-3026_29th_San_Diego_CA_92104
01/26/2010 $595,000 1y 6m 21% 13%
07/25/2008 $493,000 n/a – –

here are some listings that i think are overpriced, there are too many to list, but with some sales history in the 2000s
http://www.sdlookup.com/MLS-100022337-3405_Olive_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100010221-3375_Palm_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020224-2421_33rd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100018726-2335_32nd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100017412-2227_Commonwealth_Ave_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100013893-3321_31st_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016334-3106_Maple_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016820-3446_Alabama_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020847-1516_Torrance_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100007715-2234_Guy_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100016487-234_W_Palm_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-090048646-3141_2nd_Ave_San_Diego_CA_92103

[zzz]

sdr and everyone else, what is your opinion of the the neighborhoods i’m looking in for single family? mission hills, north park, university heights?

here are a few examples of homes that have sold this year, which many are not in the best locations, very small and some are not even updated, many i wouldn’t even consider buying, but this is what has sold

http://www.sdlookup.com/MLS-100000487-4171_1st_Ave_San_Diego_CA_92103
Date Price Held Return Annual
02/11/2010 $575,000 5y 7m -18% -3%
07/07/2004 $699,000 3y 10m 225% 35%
08/18/2000 $215,000 n/a – –

http://www.sdlookup.com/MLS-100010665-3672_Jackdaw_St_San_Diego_CA_92103
03/30/2010 $670,000 10y 8m 158% 9%
07/30/1999 $260,000 n/a – –

http://www.sdlookup.com/MLS-090042836-3777_Lark_San_Diego_CA_92103
01/30/2010 $740,000 2y 6m -2% -1%
07/23/2007 $753,000 5y 5m 61% 9%
02/13/2002 $467,500 n/a – –

http://www.sdlookup.com/MLS-100001229-3902_Bandini_San_Diego_CA_92103
03/18/2010 $1,175,000 1y 3m 36% 26%
11/24/2008 $865,000 11y 8m 129% 7%
03/27/1997 $378,000 9y 6m 28% 3%

http://www.sdlookup.com/MLS-090059393-4094_1st_San_Diego_CA_92103
02/24/2010 $515,000 2y 10m -31% -12%
04/02/2007 $750,000 4m 6% 18%
11/16/2006 $705,000 3y 10m 101% 20%
01/06/2003 $350,000 n/a – –

http://www.sdlookup.com/MLS-100008334-2222_Commonwealth_Ave_San_Diego_CA_92104
04/16/2010 $580,000 8y 2m 68% 7%
02/14/2002 $345,000 n/a – –

http://www.sdlookup.com/MLS-100014226-3644_29th_St_San_Diego_CA_92104
03/30/2010 $742,000 2y 4m 39% 15%
11/15/2007 $535,000 13y 10m 252% 9%

not updated.
http://www.sdlookup.com/MLS-090049174-3098_Hawthorn_San_Diego_CA_92104
02/23/2010 $445,000 5y 1m -27% -6%
01/12/2005 $610,000 2y 11m 122% 31%
01/22/2002 $275,000 3y 4m 67% 16%
08/28/1998 $164,900 3y 5m 22% 6%

not updated
http://www.sdlookup.com/MLS-090069124-3652_Pershing_Ave_San_Diego_CA_92104
02/17/2010 $641,000 7y 3m 23% 3%
10/28/2002 $520,000 1y 12m 24% 11%
10/31/2000 $419,000 7y 2m 108% 11%

http://www.sdlookup.com/MLS-090065319-3026_29th_San_Diego_CA_92104
01/26/2010 $595,000 1y 6m 21% 13%
07/25/2008 $493,000 n/a – –

here are some listings that i think are overpriced, there are too many to list, but with some sales history in the 2000s
http://www.sdlookup.com/MLS-100022337-3405_Olive_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100010221-3375_Palm_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020224-2421_33rd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100018726-2335_32nd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100017412-2227_Commonwealth_Ave_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100013893-3321_31st_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016334-3106_Maple_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016820-3446_Alabama_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020847-1516_Torrance_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100007715-2234_Guy_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100016487-234_W_Palm_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-090048646-3141_2nd_Ave_San_Diego_CA_92103

[zzz]

sdr and everyone else, what is your opinion of the the neighborhoods i’m looking in for single family? mission hills, north park, university heights?

here are a few examples of homes that have sold this year, which many are not in the best locations, very small and some are not even updated, many i wouldn’t even consider buying, but this is what has sold

http://www.sdlookup.com/MLS-100000487-4171_1st_Ave_San_Diego_CA_92103
Date Price Held Return Annual
02/11/2010 $575,000 5y 7m -18% -3%
07/07/2004 $699,000 3y 10m 225% 35%
08/18/2000 $215,000 n/a – –

http://www.sdlookup.com/MLS-100010665-3672_Jackdaw_St_San_Diego_CA_92103
03/30/2010 $670,000 10y 8m 158% 9%
07/30/1999 $260,000 n/a – –

http://www.sdlookup.com/MLS-090042836-3777_Lark_San_Diego_CA_92103
01/30/2010 $740,000 2y 6m -2% -1%
07/23/2007 $753,000 5y 5m 61% 9%
02/13/2002 $467,500 n/a – –

http://www.sdlookup.com/MLS-100001229-3902_Bandini_San_Diego_CA_92103
03/18/2010 $1,175,000 1y 3m 36% 26%
11/24/2008 $865,000 11y 8m 129% 7%
03/27/1997 $378,000 9y 6m 28% 3%

http://www.sdlookup.com/MLS-090059393-4094_1st_San_Diego_CA_92103
02/24/2010 $515,000 2y 10m -31% -12%
04/02/2007 $750,000 4m 6% 18%
11/16/2006 $705,000 3y 10m 101% 20%
01/06/2003 $350,000 n/a – –

http://www.sdlookup.com/MLS-100008334-2222_Commonwealth_Ave_San_Diego_CA_92104
04/16/2010 $580,000 8y 2m 68% 7%
02/14/2002 $345,000 n/a – –

http://www.sdlookup.com/MLS-100014226-3644_29th_St_San_Diego_CA_92104
03/30/2010 $742,000 2y 4m 39% 15%
11/15/2007 $535,000 13y 10m 252% 9%

not updated.
http://www.sdlookup.com/MLS-090049174-3098_Hawthorn_San_Diego_CA_92104
02/23/2010 $445,000 5y 1m -27% -6%
01/12/2005 $610,000 2y 11m 122% 31%
01/22/2002 $275,000 3y 4m 67% 16%
08/28/1998 $164,900 3y 5m 22% 6%

not updated
http://www.sdlookup.com/MLS-090069124-3652_Pershing_Ave_San_Diego_CA_92104
02/17/2010 $641,000 7y 3m 23% 3%
10/28/2002 $520,000 1y 12m 24% 11%
10/31/2000 $419,000 7y 2m 108% 11%

http://www.sdlookup.com/MLS-090065319-3026_29th_San_Diego_CA_92104
01/26/2010 $595,000 1y 6m 21% 13%
07/25/2008 $493,000 n/a – –

here are some listings that i think are overpriced, there are too many to list, but with some sales history in the 2000s
http://www.sdlookup.com/MLS-100022337-3405_Olive_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100010221-3375_Palm_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020224-2421_33rd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100018726-2335_32nd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100017412-2227_Commonwealth_Ave_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100013893-3321_31st_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016334-3106_Maple_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016820-3446_Alabama_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020847-1516_Torrance_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100007715-2234_Guy_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100016487-234_W_Palm_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-090048646-3141_2nd_Ave_San_Diego_CA_92103

[zzz]

sdr and everyone else, what is your opinion of the the neighborhoods i’m looking in for single family? mission hills, north park, university heights?

here are a few examples of homes that have sold this year, which many are not in the best locations, very small and some are not even updated, many i wouldn’t even consider buying, but this is what has sold

http://www.sdlookup.com/MLS-100000487-4171_1st_Ave_San_Diego_CA_92103
Date Price Held Return Annual
02/11/2010 $575,000 5y 7m -18% -3%
07/07/2004 $699,000 3y 10m 225% 35%
08/18/2000 $215,000 n/a – –

http://www.sdlookup.com/MLS-100010665-3672_Jackdaw_St_San_Diego_CA_92103
03/30/2010 $670,000 10y 8m 158% 9%
07/30/1999 $260,000 n/a – –

http://www.sdlookup.com/MLS-090042836-3777_Lark_San_Diego_CA_92103
01/30/2010 $740,000 2y 6m -2% -1%
07/23/2007 $753,000 5y 5m 61% 9%
02/13/2002 $467,500 n/a – –

http://www.sdlookup.com/MLS-100001229-3902_Bandini_San_Diego_CA_92103
03/18/2010 $1,175,000 1y 3m 36% 26%
11/24/2008 $865,000 11y 8m 129% 7%
03/27/1997 $378,000 9y 6m 28% 3%

http://www.sdlookup.com/MLS-090059393-4094_1st_San_Diego_CA_92103
02/24/2010 $515,000 2y 10m -31% -12%
04/02/2007 $750,000 4m 6% 18%
11/16/2006 $705,000 3y 10m 101% 20%
01/06/2003 $350,000 n/a – –

http://www.sdlookup.com/MLS-100008334-2222_Commonwealth_Ave_San_Diego_CA_92104
04/16/2010 $580,000 8y 2m 68% 7%
02/14/2002 $345,000 n/a – –

http://www.sdlookup.com/MLS-100014226-3644_29th_St_San_Diego_CA_92104
03/30/2010 $742,000 2y 4m 39% 15%
11/15/2007 $535,000 13y 10m 252% 9%

not updated.
http://www.sdlookup.com/MLS-090049174-3098_Hawthorn_San_Diego_CA_92104
02/23/2010 $445,000 5y 1m -27% -6%
01/12/2005 $610,000 2y 11m 122% 31%
01/22/2002 $275,000 3y 4m 67% 16%
08/28/1998 $164,900 3y 5m 22% 6%

not updated
http://www.sdlookup.com/MLS-090069124-3652_Pershing_Ave_San_Diego_CA_92104
02/17/2010 $641,000 7y 3m 23% 3%
10/28/2002 $520,000 1y 12m 24% 11%
10/31/2000 $419,000 7y 2m 108% 11%

http://www.sdlookup.com/MLS-090065319-3026_29th_San_Diego_CA_92104
01/26/2010 $595,000 1y 6m 21% 13%
07/25/2008 $493,000 n/a – –

here are some listings that i think are overpriced, there are too many to list, but with some sales history in the 2000s
http://www.sdlookup.com/MLS-100022337-3405_Olive_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100010221-3375_Palm_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020224-2421_33rd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100018726-2335_32nd_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100017412-2227_Commonwealth_Ave_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100013893-3321_31st_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016334-3106_Maple_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100016820-3446_Alabama_St_San_Diego_CA_92104

http://www.sdlookup.com/MLS-100020847-1516_Torrance_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100007715-2234_Guy_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-100016487-234_W_Palm_St_San_Diego_CA_92103

http://www.sdlookup.com/MLS-090048646-3141_2nd_Ave_San_Diego_CA_92103

[UCGal]

I’ve seen some properties that fit CARs description. But in my hood – University City…

This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122

They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.

They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.

It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.

[UCGal]

I’ve seen some properties that fit CARs description. But in my hood – University City…

This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122

They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.

They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.

It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.

[UCGal]

I’ve seen some properties that fit CARs description. But in my hood – University City…

This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122

They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.

They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.

It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.

[UCGal]

I’ve seen some properties that fit CARs description. But in my hood – University City…

This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122

They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.

They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.

It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.

[Author]

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