[Akula1992]

Thanks PD. That was a very comprehensive answer and pretty much confirms that they are not a property I would be interested in.

I think the original poster hit the nail on the head WRT fear being the primary emotional motivator for homeowners there. I had several friends buy in 2005/06 in the Village and they always seemed stressed out with the high mortgage on their tiny places.

[Akula1992]

The wife and I left Coronado in 2006 due to new jobs on the East Coast. Fortunately, it seems our time in exile is coming to an end and we are looking to return to Coronado some time in the Feb/March time frame of 2009. I have been watching the market there and am hoping that we end up with some significant price declines by the time we move back. We are prepared to rent again but would really prefer to buy if the price is right. We would really like to find a nice Craftsman style cottage but most of the ones I have seen on SDlookup are still out of our price range – oh well…

I am familiar with the Billy Boxes(mostly because they were tearing down a lot of the nice Craftsman style ones that we liked to be replaced with the two unit boxes) but have not heard of the Cloud Condos. Not that we want to buy a condo but can anyone educate me to what they are? Thanks.

[Akula1992]

The wife and I left Coronado in 2006 due to new jobs on the East Coast. Fortunately, it seems our time in exile is coming to an end and we are looking to return to Coronado some time in the Feb/March time frame of 2009. I have been watching the market there and am hoping that we end up with some significant price declines by the time we move back. We are prepared to rent again but would really prefer to buy if the price is right. We would really like to find a nice Craftsman style cottage but most of the ones I have seen on SDlookup are still out of our price range – oh well…

I am familiar with the Billy Boxes(mostly because they were tearing down a lot of the nice Craftsman style ones that we liked to be replaced with the two unit boxes) but have not heard of the Cloud Condos. Not that we want to buy a condo but can anyone educate me to what they are? Thanks.

[Akula1992]

The wife and I left Coronado in 2006 due to new jobs on the East Coast. Fortunately, it seems our time in exile is coming to an end and we are looking to return to Coronado some time in the Feb/March time frame of 2009. I have been watching the market there and am hoping that we end up with some significant price declines by the time we move back. We are prepared to rent again but would really prefer to buy if the price is right. We would really like to find a nice Craftsman style cottage but most of the ones I have seen on SDlookup are still out of our price range – oh well…

I am familiar with the Billy Boxes(mostly because they were tearing down a lot of the nice Craftsman style ones that we liked to be replaced with the two unit boxes) but have not heard of the Cloud Condos. Not that we want to buy a condo but can anyone educate me to what they are? Thanks.

[Akula1992]

The wife and I left Coronado in 2006 due to new jobs on the East Coast. Fortunately, it seems our time in exile is coming to an end and we are looking to return to Coronado some time in the Feb/March time frame of 2009. I have been watching the market there and am hoping that we end up with some significant price declines by the time we move back. We are prepared to rent again but would really prefer to buy if the price is right. We would really like to find a nice Craftsman style cottage but most of the ones I have seen on SDlookup are still out of our price range – oh well…

I am familiar with the Billy Boxes(mostly because they were tearing down a lot of the nice Craftsman style ones that we liked to be replaced with the two unit boxes) but have not heard of the Cloud Condos. Not that we want to buy a condo but can anyone educate me to what they are? Thanks.

[Akula1992]

The wife and I left Coronado in 2006 due to new jobs on the East Coast. Fortunately, it seems our time in exile is coming to an end and we are looking to return to Coronado some time in the Feb/March time frame of 2009. I have been watching the market there and am hoping that we end up with some significant price declines by the time we move back. We are prepared to rent again but would really prefer to buy if the price is right. We would really like to find a nice Craftsman style cottage but most of the ones I have seen on SDlookup are still out of our price range – oh well…

I am familiar with the Billy Boxes(mostly because they were tearing down a lot of the nice Craftsman style ones that we liked to be replaced with the two unit boxes) but have not heard of the Cloud Condos. Not that we want to buy a condo but can anyone educate me to what they are? Thanks.

[Akula1992]

SDRealtor,

Thanks for the feedback. I am primarily looking for a place in the village itself. I had a good friend that lived in the Cays but eventually chose to move his family to the village. He and I had many discussions about the market and I used a lot of the information gained here in our talks. I would like to think that our discussions were a prime driver in his decision to move to the village but to rent vice buying.(He was thinking about buying the place in the Cays) He found many of my(or actually Rich’s) arguments very persuasive. I had a couple other friends that I did not discuss this topic with. A couple of them bought houses in the village and they were, frankly, miserable being caught under an oppressive mortgage in a tiny house.

I am of similar mind that the Coronado market will probably one of the last to capitulate. The main uncertainty that I have is not knowing or even having a decent grasp of how many of the houses bought there during the run-up were speculation driven. I assume, perhaps wrongly, that the number is lower than in surrounding areas. If that assumption is correct there might not be as much pressure on pricing. Couple that with most of the homes being in the top tier for valuation I expect that the market there will reach nadir in the last groups.

Casca, thanks for your comments as well. Personally, I hated the two houses built on the single lot. I thought it was a shame to tear down a traditional cottage or early Craftsman style house and put a couple modern boxes in its place. But, whatever the market will bear, or word to that effect.

Any and all advice is appreciated. BTW Casca, did you used to post over at NeptunusLex’s place. The name is familiar.

Regards,
-David

[Akula1992]

SDRealtor,

Thanks for the feedback. I am primarily looking for a place in the village itself. I had a good friend that lived in the Cays but eventually chose to move his family to the village. He and I had many discussions about the market and I used a lot of the information gained here in our talks. I would like to think that our discussions were a prime driver in his decision to move to the village but to rent vice buying.(He was thinking about buying the place in the Cays) He found many of my(or actually Rich’s) arguments very persuasive. I had a couple other friends that I did not discuss this topic with. A couple of them bought houses in the village and they were, frankly, miserable being caught under an oppressive mortgage in a tiny house.

I am of similar mind that the Coronado market will probably one of the last to capitulate. The main uncertainty that I have is not knowing or even having a decent grasp of how many of the houses bought there during the run-up were speculation driven. I assume, perhaps wrongly, that the number is lower than in surrounding areas. If that assumption is correct there might not be as much pressure on pricing. Couple that with most of the homes being in the top tier for valuation I expect that the market there will reach nadir in the last groups.

Casca, thanks for your comments as well. Personally, I hated the two houses built on the single lot. I thought it was a shame to tear down a traditional cottage or early Craftsman style house and put a couple modern boxes in its place. But, whatever the market will bear, or word to that effect.

Any and all advice is appreciated. BTW Casca, did you used to post over at NeptunusLex’s place. The name is familiar.

Regards,
-David

[Akula1992]

SDRealtor,

Thanks for the feedback. I am primarily looking for a place in the village itself. I had a good friend that lived in the Cays but eventually chose to move his family to the village. He and I had many discussions about the market and I used a lot of the information gained here in our talks. I would like to think that our discussions were a prime driver in his decision to move to the village but to rent vice buying.(He was thinking about buying the place in the Cays) He found many of my(or actually Rich’s) arguments very persuasive. I had a couple other friends that I did not discuss this topic with. A couple of them bought houses in the village and they were, frankly, miserable being caught under an oppressive mortgage in a tiny house.

I am of similar mind that the Coronado market will probably one of the last to capitulate. The main uncertainty that I have is not knowing or even having a decent grasp of how many of the houses bought there during the run-up were speculation driven. I assume, perhaps wrongly, that the number is lower than in surrounding areas. If that assumption is correct there might not be as much pressure on pricing. Couple that with most of the homes being in the top tier for valuation I expect that the market there will reach nadir in the last groups.

Casca, thanks for your comments as well. Personally, I hated the two houses built on the single lot. I thought it was a shame to tear down a traditional cottage or early Craftsman style house and put a couple modern boxes in its place. But, whatever the market will bear, or word to that effect.

Any and all advice is appreciated. BTW Casca, did you used to post over at NeptunusLex’s place. The name is familiar.

Regards,
-David

[Akula1992]

SDRealtor,

Thanks for the feedback. I am primarily looking for a place in the village itself. I had a good friend that lived in the Cays but eventually chose to move his family to the village. He and I had many discussions about the market and I used a lot of the information gained here in our talks. I would like to think that our discussions were a prime driver in his decision to move to the village but to rent vice buying.(He was thinking about buying the place in the Cays) He found many of my(or actually Rich’s) arguments very persuasive. I had a couple other friends that I did not discuss this topic with. A couple of them bought houses in the village and they were, frankly, miserable being caught under an oppressive mortgage in a tiny house.

I am of similar mind that the Coronado market will probably one of the last to capitulate. The main uncertainty that I have is not knowing or even having a decent grasp of how many of the houses bought there during the run-up were speculation driven. I assume, perhaps wrongly, that the number is lower than in surrounding areas. If that assumption is correct there might not be as much pressure on pricing. Couple that with most of the homes being in the top tier for valuation I expect that the market there will reach nadir in the last groups.

Casca, thanks for your comments as well. Personally, I hated the two houses built on the single lot. I thought it was a shame to tear down a traditional cottage or early Craftsman style house and put a couple modern boxes in its place. But, whatever the market will bear, or word to that effect.

Any and all advice is appreciated. BTW Casca, did you used to post over at NeptunusLex’s place. The name is familiar.

Regards,
-David

[Akula1992]

SDRealtor,

Thanks for the feedback. I am primarily looking for a place in the village itself. I had a good friend that lived in the Cays but eventually chose to move his family to the village. He and I had many discussions about the market and I used a lot of the information gained here in our talks. I would like to think that our discussions were a prime driver in his decision to move to the village but to rent vice buying.(He was thinking about buying the place in the Cays) He found many of my(or actually Rich’s) arguments very persuasive. I had a couple other friends that I did not discuss this topic with. A couple of them bought houses in the village and they were, frankly, miserable being caught under an oppressive mortgage in a tiny house.

I am of similar mind that the Coronado market will probably one of the last to capitulate. The main uncertainty that I have is not knowing or even having a decent grasp of how many of the houses bought there during the run-up were speculation driven. I assume, perhaps wrongly, that the number is lower than in surrounding areas. If that assumption is correct there might not be as much pressure on pricing. Couple that with most of the homes being in the top tier for valuation I expect that the market there will reach nadir in the last groups.

Casca, thanks for your comments as well. Personally, I hated the two houses built on the single lot. I thought it was a shame to tear down a traditional cottage or early Craftsman style house and put a couple modern boxes in its place. But, whatever the market will bear, or word to that effect.

Any and all advice is appreciated. BTW Casca, did you used to post over at NeptunusLex’s place. The name is familiar.

Regards,
-David

[Akula1992]

Sorry for the double post.

[Akula1992]

Sorry for the double post.

[Akula1992]

Sorry for the double post.

[Akula1992]

Sorry for the double post.

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