Will Chanteclair in 4S drop in price?

[DA]

[quote=sdnerd]I was there last weekend; I laughed at the updated sale price sheet. Still way over priced for what you get IMHO.

Now if you bought a REO there, then you might be in better shape.

Details; need them.[/quote]

Would you mind sharing the current price list and availability at Chanteclair? Are these builders willing to take counter offers on the list price? Last time I checked, they were down right arrogant about their prices and did not want to entertain any counter offers at all, especially Silhouette – John Laing Homes

[SD Realtor]

I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates.

[SD Realtor]

I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates.

[SD Realtor]

I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates.

[SD Realtor]

I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates.

[SD Realtor]

I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates.

[sunny88]

[quote=SD Realtor]I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates. [/quote]

I agree with you but what do you think is a reasonable price per sqft in 4S Ranch under current market conditions? Also, if there is so much activity, doesn’t it mean that the sellers can ask what they are getting right now?

[sunny88]

[quote=SD Realtor]I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates. [/quote]

I agree with you but what do you think is a reasonable price per sqft in 4S Ranch under current market conditions? Also, if there is so much activity, doesn’t it mean that the sellers can ask what they are getting right now?

[sunny88]

[quote=SD Realtor]I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates. [/quote]

I agree with you but what do you think is a reasonable price per sqft in 4S Ranch under current market conditions? Also, if there is so much activity, doesn’t it mean that the sellers can ask what they are getting right now?

[sunny88]

[quote=SD Realtor]I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates. [/quote]

I agree with you but what do you think is a reasonable price per sqft in 4S Ranch under current market conditions? Also, if there is so much activity, doesn’t it mean that the sellers can ask what they are getting right now?

[sunny88]

[quote=SD Realtor]I have found a similar response with clients who I represented with these same builders that you had DA. Seems they were very resilient. The fact of the matter is that they have reduced the phases so substantially that they have created demand through reduction of inventory.

Contrary to what many piggs want or think, there is more buyer activity out in the market now then I have seen for a long time. Yes the buyers are more educated and looking for deals, but those who think there are no buyers are sorely mistaken. Thus it is easier now then it was 2 years ago for the sales offices to hold the line on pricing.

I agree SDNERD that it is still way overpriced up there. IMO not just the new homes but the resales, shorts and REOs.

My feeling on 4S is that it will decline in value and bottom out in the next 2-3 years. The depth will depend 100% on the employment picture and of course interest rates. [/quote]

I agree with you but what do you think is a reasonable price per sqft in 4S Ranch under current market conditions? Also, if there is so much activity, doesn’t it mean that the sellers can ask what they are getting right now?

[LAAFTERHOURS]

200 per sq ft which means all those homes on fieldthorn would need to dump to 300 plus, the homes selling in the low 500s now in garden gate and garden path would need to drop to the low 400s (like this one http://www.sdlookup.com/MLS-080075819-17055_Ralphs_Ranch_Rd_San_Diego_Ca_92127)

This one on Albert is close – http://www.sdlookup.com/MLS-080074848-17066_Albert_Ave_San_Diego_Ca_92127

So if you look at the builders:

Chanteclair should be 530K – 650K

Maybeck should be Mid 500s to High 600s

Maybeck has its biggest model starting at about 200 per sq ft.

I would assume there are some big incentives too (upgrades). I would ask them to pay the MR – cant hurt.

[LAAFTERHOURS]

200 per sq ft which means all those homes on fieldthorn would need to dump to 300 plus, the homes selling in the low 500s now in garden gate and garden path would need to drop to the low 400s (like this one http://www.sdlookup.com/MLS-080075819-17055_Ralphs_Ranch_Rd_San_Diego_Ca_92127)

This one on Albert is close – http://www.sdlookup.com/MLS-080074848-17066_Albert_Ave_San_Diego_Ca_92127

So if you look at the builders:

Chanteclair should be 530K – 650K

Maybeck should be Mid 500s to High 600s

Maybeck has its biggest model starting at about 200 per sq ft.

I would assume there are some big incentives too (upgrades). I would ask them to pay the MR – cant hurt.

[LAAFTERHOURS]

200 per sq ft which means all those homes on fieldthorn would need to dump to 300 plus, the homes selling in the low 500s now in garden gate and garden path would need to drop to the low 400s (like this one http://www.sdlookup.com/MLS-080075819-17055_Ralphs_Ranch_Rd_San_Diego_Ca_92127)

This one on Albert is close – http://www.sdlookup.com/MLS-080074848-17066_Albert_Ave_San_Diego_Ca_92127

So if you look at the builders:

Chanteclair should be 530K – 650K

Maybeck should be Mid 500s to High 600s

Maybeck has its biggest model starting at about 200 per sq ft.

I would assume there are some big incentives too (upgrades). I would ask them to pay the MR – cant hurt.

[LAAFTERHOURS]

200 per sq ft which means all those homes on fieldthorn would need to dump to 300 plus, the homes selling in the low 500s now in garden gate and garden path would need to drop to the low 400s (like this one http://www.sdlookup.com/MLS-080075819-17055_Ralphs_Ranch_Rd_San_Diego_Ca_92127)

This one on Albert is close – http://www.sdlookup.com/MLS-080074848-17066_Albert_Ave_San_Diego_Ca_92127

So if you look at the builders:

Chanteclair should be 530K – 650K

Maybeck should be Mid 500s to High 600s

Maybeck has its biggest model starting at about 200 per sq ft.

I would assume there are some big incentives too (upgrades). I would ask them to pay the MR – cant hurt.

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