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September 20, 2011 at 1:53 PM in reply to: high balance loan limit expiration effects (esp NCC) #729545September 20, 2011 at 9:23 AM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729518
an
Participant[quote=Ren]With emphasis on the fact that taste is subjective…
Yeah I’m gonna have to agree that that east county house is awful on a whole new level of awfulness. Not bagging on the area, mind you, which I wouldn’t live in personally, just the house. Ignoring the fixable yet really scary paneling, molding, carpet, cabinets, siding, windows, roof, etc., the bad layout makes it a teardown in my view. I would personally throw the switch to blow up that fireplace, but I’d MUCH sooner pay $400k for virtually anything else – a townhome closer to the coast, a tiny house in Bay Park, a golf course pool house in Temecula, anything.[/quote]
I totally agree with this. The layout is horrible and the fireplace NEEDS TO GO. Although lot size can’t be changed, layout is extremely hard/expensive to change as well.September 20, 2011 at 9:15 AM in reply to: high balance loan limit expiration effects (esp NCC) #729517ParticipantCurrent jumbo loans at SDCCU (loans between $625,501 – $1,500,000) is 4.75% with 0 point. Their conforming 0 point loan is 4.375%. Their high balance loans (loans between $417,001 – $625,50) is at 4.625% with 0 point. So, if the if the high balance loans drop, those with loans between $546k and $625k will be paying an extra 1/8th of a %. Daily rate swing can be greater than 1/8th of a %. So, I don’t see why this decrease in limit would make much difference.
ParticipantI feel sorry for you guys/gals. It must suck living in SD.
September 17, 2011 at 2:11 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729329Participant[quote=bearishgurl][quote=ocrenter]I think the only way to really end this debate is to forcefully relocate you and your love ones to El Cajon. ;)[/quote]
Actually ocrenter, AN’s entire extended family could probably fit on that lot! There’s plenty of parking. I’ve seen several nice detached guest houses out there. They don’t cost that much to build. And, if the family members pooled their resources, they could probably pay cash! And the “retired” family members could maintain the gardens and/or orchard.
Keep an open mind, Piggs.[/quote]
Seriously? Do you have any idea how LARGE my extended family is?September 17, 2011 at 12:12 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729323ParticipantBG, the garage are not tandem and trust me, if you actually see the house, you’ll see why I’m not worry about getting it approved if I decide to add another garage. There’s no point in continue debating about this when you have no idea what the house looks like, what the lot looks like, how the house situated on the lot, and how other houses with the exact same floor plan but with 3 cars garage look like & situated on their lot. The reason I didn’t buy one with a 3 cars garage is because there was non for sale. Over the last 6 years, only 1 with 3 cars garage went on sale.
I never said 5200 sq-ft is .25 acre. .25 acre = 10890 sq-ft. I’m OK w/ 5200 sq-ft but ideally, I want .25 acre. Unfortunately, there’s literally a handful (<5) of lots in MM with .25 flat usable acre.
September 17, 2011 at 9:25 AM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729320Participant[quote=ocrenter][quote=AN][quote=ocrenter]much like 4S which you never been to, ever. and you are doing it again with this whole Asian market thing as you are trying to tell people that go to Asian markets on weekly basis where they should go based on some comments you read from yelp.[/quote]
Asian markets in El Cajon is pretty crappy for an area that have a lot of Asians. I personally think Zion & 99 are the top two in SD.[/quote]that’s not saying much, unfortunately. still waiting for one of those Irvine style 99 Ranch to come our way.[/quote]
I know. But I think we would need an Asian population like OC to get that kind of supermarket.September 16, 2011 at 9:55 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729302Participant[quote=ocrenter]much like 4S which you never been to, ever. and you are doing it again with this whole Asian market thing as you are trying to tell people that go to Asian markets on weekly basis where they should go based on some comments you read from yelp.[/quote]
Asian markets in El Cajon is pretty crappy for an area that have a lot of Asians. I personally think Zion & 99 are the top two in SD.September 16, 2011 at 9:29 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729300Participant[quote=bearishgurl]
Can I just ask you a few questions here.What is the approximate square footage of your home?
What is your approximate lot size?
In what year was YOUR house built?
What is the avg square footage of the homes in your area with 3-car garages?
What is the average lot size of the homes with 3-car garages (which are adjacent to your lot)?
In what year were the “3-car garage” houses built (which are adjacent to your house)?[/quote]
2k sq-ft house on 5200 sq-ft lot, built early 80s. The 3 floor plans with 3 cars garage, which include mine is 1800 sq-ft, 2000 sq-ft, and 2300 sq-ft. The lot size of these places with 3 cars garage that are adjacent to my lot is also 5200 sq-ft. Those houses were built the exact same year mine was built.September 16, 2011 at 9:01 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729298Participant[quote=bearishgurl][quote=AN]BG, another bad assumption. Adding a 3rd garage won’t change my side yard one bit. It just decrease the size of my front yard.[/quote]
AN, you still haven’t told us if you looked at the garage setback regulations for the City of SD and took measurements and determined that you could get a permit to put in a 3rd car bay.[/quote]
I don’t need to go look at the regulation and take measurements, since I don’t plan to do that anytime soon, if ever. However, with common sense and looking at other houses with the exact same floorplan (this floor plan had a 3 cars option from the builder) and similar lot size, I can safely guess I won’t have issue getting permits. Mind you, there’s one house with my floor plan 3 houses down with the exact same lot size, have 3 car garage.Participant30 years fixed is now 4% flat with a cost of ~$1800 at aimloan.
September 16, 2011 at 6:20 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729292ParticipantBG, another bad assumption. Adding a 3rd garage won’t change my side yard one bit. It just decrease the size of my front yard.
I never said I’ll work for the same company for the next 20 years. Over the last 15 years and 7 companies, my house is within 2-7 miles from those companies. There are many more high tech companies here that I haven’t work at. Btw, I never said I would add 10 cars garage. I just said I could if I wanted to since there’s no HOA. It’s more likely that I would just buy a warehouse than build a 10 cars garage at my house.
September 16, 2011 at 5:14 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729289Participant[quote=briansd1]BG I don’t think the Asian markets in El Cajon compare to Mira Mesa and Kearny Mesa.
Incidental AN’s choice of location supports my theory on cities. AN lives and works in Mira Sorrento. That’s his city and he doesn’t have to commute to and from a bedroom community. I bet his friends and family are nearby.[/quote]
Bingo.BG, my wife is home on the weekday. But that’s really irrelevant. Why would I have to put up with the commute for 20+ years for something I will only get to enjoy after 20 years? That’s pretty illogical to me. 20 years from now, if I want to get those acreage houses 20 years from now, I can always get it then, but why do I have to get it now?
[quote=bearishgurl]Setback and lot configuration, AN. [/quote]
Bad assumption. The lot/setback/configuration is almost exactly the same. In place of the 3rd car garage, I have a bigger front yard.September 16, 2011 at 1:51 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729267Participant[quote=bearishgurl]Just brown bag it, instead. That’s what I did, even when I lived 1-3 miles from dtn SD :=]
I’m fooling with you, AN, because I really don’t think most young buyers think of their long-term true desires when making the biggest purchase of their lives. They often take the path of least resistance and overpay for a home on a tiny lot in *newer* suburbia/exurbia not realizing they may outgrow it quickly and may not be able to unload it without taking out of their pockets for selling costs (at the very least).
Not saying this is/was you, but when I hear suburbia/exurbia homeowners living on smallish lots in tract crackerboxes or mcmansions stating they want or need more room to spread out and did not purchase the type of property they really wanted and that room is now available for roughly $300-$400K for the first acre (addt’l acres far less) WITH a house and utils aready on it, how much better can this get? This is not TX or OK and these prices will not last forever. I’m not necessarily bullish but I think traditional or “equity sale” deals are currently bargained down due most of what’s currently on the market being distressed property. Obviously, those current “equity sale” sellers very much want to sell (retire?) and so do not have a “bubble mentality,” are realistic and will make a deal. They are out there.[/quote]
I’m confused. You said people buy houses in small lot because they don’t think long term, but then you turn around and tell me to change the one thing that I love most about where I’m living, which is having the ability to go home in 5-10 minutes and eat lunch and see my wife and kids. I can see myself working for at least another 20 years. 20 years is a long time to do something you don’t like (in my case, commute). Not everyone want acreage either. I’m perfectly happy with ~.25 acre. I’m not going to sacrifice location for acreage. There’s a reason why that house on 1 acre sold for a little over $400k. AFAIK, that house is also in suburbia as well. Overpaying is all relative. You can’t make a generalization statement like “They often take the path of least resistance and overpay for a home on a tiny lot in *newer* suburbia/exurbia…” without looking foolish.September 16, 2011 at 1:49 PM in reply to: CA demographic shifts in the coming years will favor cities over suburbia #729269Participant[quote=bearishgurl][quote=AN]There are plenty of houses in my development that have 3 cars garage (mine is a 2 cars garage). I’ve see some with 4 cars garage. It’s not that I really would put in a 10 cars garage. If I get to that point in my life, I can always just rent out a warehouse and park my cars there and work on them there.[/quote]
This doesn’t mean YOU will be able to build another bay on YOUR garage on YOUR lot.
I agree that there are hobby garages you can rent just north of Miramar Rd (next to the RR tracks) :=][/quote]
I’m confused. If there’s another house with the exact same floor plan and the exact same lot size and have 3 cars garage, what’s preventing them of approving a garage addition that make a 2 car garage into a 3 car garage? If it’s that hard to add a garage, then wouldn’t it be that much harder to add anything on those acreage lots? -
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