Forum Replies Created
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AuthorPosts
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bearishgurl
Participant[quote=AN]But didn’t you just show 91910 sold more than 92129 in the last 2 months or so? [/quote]
No, more houses were sold in 92129 in the last 2 mos.
[quote=AN]But the housing stocks shows there are houses from $200k-$4M. There must be MC/upper MC buying those $500k-$1M houses.[/quote]
There are. I posted the comps from RDR Belmonte and Miranda. They are NOT in CV West 91910. They are 5.5 mi. away in “New RDR” 91910. No luxury properties have sold in CV West in the last 2 mos. because 1) there aren’t very many on the market; 2)the CV West luxury homes are generally more exp, i.e. on bigger lots, no HOA, no MR; and 3)there were only two distressed properties that I know of in the last 3 years in this area (one heavy fixer); and 4) many were purchased with cash so their owners don’t really need to sell and aren’t listing them. Why would they?
So the 91910 comps in CV West are skewed low right now to distressed and overextended investors’ must-sell properties.
Participant[quote=AN]But didn’t you just show 91910 sold more than 92129 in the last 2 months or so? [/quote]
No, more houses were sold in 92129 in the last 2 mos.
[quote=AN]But the housing stocks shows there are houses from $200k-$4M. There must be MC/upper MC buying those $500k-$1M houses.[/quote]
There are. I posted the comps from RDR Belmonte and Miranda. They are NOT in CV West 91910. They are 5.5 mi. away in “New RDR” 91910. No luxury properties have sold in CV West in the last 2 mos. because 1) there aren’t very many on the market; 2)the CV West luxury homes are generally more exp, i.e. on bigger lots, no HOA, no MR; and 3)there were only two distressed properties that I know of in the last 3 years in this area (one heavy fixer); and 4) many were purchased with cash so their owners don’t really need to sell and aren’t listing them. Why would they?
So the 91910 comps in CV West are skewed low right now to distressed and overextended investors’ must-sell properties.
Participant[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.
Participant[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.
Participant[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.
Participant[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.
Participant[quote=AN]You’re right, PQ doesn’t have those mansions on a couple of acre. Like I said, housing stock up here do not have as big of a range as down there. Just like you don’t see 1300 sq-ft on 5000-7000 sq-ft lot in Rancho Santa Fe, you won’t see 7000 sq-ft house on 2 acre in PQ. What is your point exactly?[/quote]
AN, my point is, because 91910 doesn’t “churn” the way PQ does, it doesn’t have the sold comps to support higher prices right now. Only the distressed, low-end or unprofitable rentals are being marketed.
Let me ask you, if you pd. cash for a property and owned it free and clear, and you did not need this money today to live on, would you put it on the market right now??
91910 (west) population consists of mainly the “haves” and the “have-nots.” There is not too many “in-between” MC or Upper MC working families. Most people around here DON’T WORK anymore, no matter WHAT they live in.
Participant[quote=svelte]You make it sound like she was a fine upstanding citizen who just happened to have nosy neighbors.
This woman tried to strip the house after it was returned to the bank![/quote]
svelte, I’m not condoning her trying to strip the property after she lost it. She should have just put the whole mess behind her at that point. I believe she may have filed for Chapter 7, but I haven’t checked.
I have an article somewhere (SD Mag?) with a full-spread layout of the property detailing her plans and problems with the City of Enc.
Brown came into this project with $1-2 mil. of her OWN $$ (bad investment, for sure). She isn’t a stupid woman. If I recall, I believe the City of Enc. APPROVED her plans AND a conditional use permit. But because of her application for the permit, the City had to send out the obigatory letters to all owners w/i 300 feet, triggering a hearing. The owners came out in droves to the hg. and put the kobosh on her “rehab” concept so then the City had to renege on the use permit. At that time, the foundation and most of the framing was done but because it was so big, the neighbors filed complaints about it’s size, triggering another hearing. I’m not sure what happened there, but she might have had to scale back the whole project.
During this time, Brown COULD HAVE changed the inside to reflect a private luxury home (more walls, etc). HER MISTAKE WAS CONTINUING ON “ALTRUISTICALLY” WITH HER “SANCTUARY” CONCEPT while neighbor opposition was pending.
I would have halted construction at the first sign of trouble from neighbors and filed a mandamus action on City when it reneged on one or both orig. permits. However that turned out, I would have filed a claim against the City for damages and then sued them. BUT SHE WOULD HAVE HAD TO HALT construction and mitigate her damages to be successful here. As I recall, she HAD one or two lawyers trying to help her at one time. Perhaps she ran out of $$ to pay them.
Enc. prob. would have settled with her because they f**ked up, big time. This is NOT unusual, governments mess up and backpedal often.
Brown repeatedly jumping the gun and getting personally involved in these neighbor skirmishes is what got her into this mess.
In 2004, her builder perfected and foreclosed on its mechanic’s lien. This is no doubt what drove her to the brink. I haven’t checked, but the builder could have also been subject to any take-out loans Brown had. Everybody is taking a bath here, incl. Brown.
see: http://www.sdcourt.ca.gov/portal/page?_pageid=55,1056871&_dad=portal&_schema=PORTAL
I predict Brown ends up getting charged with misd. vandalism and pays a fine or the charges are dropped, b/c she already made restitution.
IMO, In CA, NIMBYism has truly gotten out of control, severely affecting individual property rights. There are several of these 5-6 bdrm. rehabs in 91911. The “patients” aren’t even allowed cars. They’re usually there around 30-90 days. They’re quiet, and “patients” also do chores around the property. Some of the newer neighbors may not even know its a rehab. The patients are usually there under court order, some to get custody of their kids back.
I know some people in Olivenhain are keeping horses and trying to maintain a “rural” lifestyle. But for whatever reason they acted as though they were living on an island in “G*d’s Country” in this instance. Are there actually CC&R’s there? To be blunt, Olivenhain is nothing more than a four-sided Dehesa, IMHO. Meaning SURROUNDED BY EXPOSURE TO FIRE ON ALL FOUR SIDES (instead of 3), a potential “death trap,” not unlike hiking outside Solvang or SLO in September and sleeping in a tent. It is smack dab in the middle of a very dangerous fire zone. I have no idea how the owners there are getting insurance (help from State??).
2009Buyer, I have an idea. Why don’t you send direct mail pieces with a business reply card to all the owners w/i 300 feet of this property to get a feel for what they think of this property being leased to an online graduate school. There wouldn’t be too many people there unless the students were meeting with their mentors or there was an orientation or graduation going on. The main road is nearby and there’s plenty of on-site pkg. You could get some income for a few years until the market for luxury properties picks up 🙂
Participant[quote=svelte]You make it sound like she was a fine upstanding citizen who just happened to have nosy neighbors.
This woman tried to strip the house after it was returned to the bank![/quote]
svelte, I’m not condoning her trying to strip the property after she lost it. She should have just put the whole mess behind her at that point. I believe she may have filed for Chapter 7, but I haven’t checked.
I have an article somewhere (SD Mag?) with a full-spread layout of the property detailing her plans and problems with the City of Enc.
Brown came into this project with $1-2 mil. of her OWN $$ (bad investment, for sure). She isn’t a stupid woman. If I recall, I believe the City of Enc. APPROVED her plans AND a conditional use permit. But because of her application for the permit, the City had to send out the obigatory letters to all owners w/i 300 feet, triggering a hearing. The owners came out in droves to the hg. and put the kobosh on her “rehab” concept so then the City had to renege on the use permit. At that time, the foundation and most of the framing was done but because it was so big, the neighbors filed complaints about it’s size, triggering another hearing. I’m not sure what happened there, but she might have had to scale back the whole project.
During this time, Brown COULD HAVE changed the inside to reflect a private luxury home (more walls, etc). HER MISTAKE WAS CONTINUING ON “ALTRUISTICALLY” WITH HER “SANCTUARY” CONCEPT while neighbor opposition was pending.
I would have halted construction at the first sign of trouble from neighbors and filed a mandamus action on City when it reneged on one or both orig. permits. However that turned out, I would have filed a claim against the City for damages and then sued them. BUT SHE WOULD HAVE HAD TO HALT construction and mitigate her damages to be successful here. As I recall, she HAD one or two lawyers trying to help her at one time. Perhaps she ran out of $$ to pay them.
Enc. prob. would have settled with her because they f**ked up, big time. This is NOT unusual, governments mess up and backpedal often.
Brown repeatedly jumping the gun and getting personally involved in these neighbor skirmishes is what got her into this mess.
In 2004, her builder perfected and foreclosed on its mechanic’s lien. This is no doubt what drove her to the brink. I haven’t checked, but the builder could have also been subject to any take-out loans Brown had. Everybody is taking a bath here, incl. Brown.
see: http://www.sdcourt.ca.gov/portal/page?_pageid=55,1056871&_dad=portal&_schema=PORTAL
I predict Brown ends up getting charged with misd. vandalism and pays a fine or the charges are dropped, b/c she already made restitution.
IMO, In CA, NIMBYism has truly gotten out of control, severely affecting individual property rights. There are several of these 5-6 bdrm. rehabs in 91911. The “patients” aren’t even allowed cars. They’re usually there around 30-90 days. They’re quiet, and “patients” also do chores around the property. Some of the newer neighbors may not even know its a rehab. The patients are usually there under court order, some to get custody of their kids back.
I know some people in Olivenhain are keeping horses and trying to maintain a “rural” lifestyle. But for whatever reason they acted as though they were living on an island in “G*d’s Country” in this instance. Are there actually CC&R’s there? To be blunt, Olivenhain is nothing more than a four-sided Dehesa, IMHO. Meaning SURROUNDED BY EXPOSURE TO FIRE ON ALL FOUR SIDES (instead of 3), a potential “death trap,” not unlike hiking outside Solvang or SLO in September and sleeping in a tent. It is smack dab in the middle of a very dangerous fire zone. I have no idea how the owners there are getting insurance (help from State??).
2009Buyer, I have an idea. Why don’t you send direct mail pieces with a business reply card to all the owners w/i 300 feet of this property to get a feel for what they think of this property being leased to an online graduate school. There wouldn’t be too many people there unless the students were meeting with their mentors or there was an orientation or graduation going on. The main road is nearby and there’s plenty of on-site pkg. You could get some income for a few years until the market for luxury properties picks up 🙂
Participant[quote=svelte]You make it sound like she was a fine upstanding citizen who just happened to have nosy neighbors.
This woman tried to strip the house after it was returned to the bank![/quote]
svelte, I’m not condoning her trying to strip the property after she lost it. She should have just put the whole mess behind her at that point. I believe she may have filed for Chapter 7, but I haven’t checked.
I have an article somewhere (SD Mag?) with a full-spread layout of the property detailing her plans and problems with the City of Enc.
Brown came into this project with $1-2 mil. of her OWN $$ (bad investment, for sure). She isn’t a stupid woman. If I recall, I believe the City of Enc. APPROVED her plans AND a conditional use permit. But because of her application for the permit, the City had to send out the obigatory letters to all owners w/i 300 feet, triggering a hearing. The owners came out in droves to the hg. and put the kobosh on her “rehab” concept so then the City had to renege on the use permit. At that time, the foundation and most of the framing was done but because it was so big, the neighbors filed complaints about it’s size, triggering another hearing. I’m not sure what happened there, but she might have had to scale back the whole project.
During this time, Brown COULD HAVE changed the inside to reflect a private luxury home (more walls, etc). HER MISTAKE WAS CONTINUING ON “ALTRUISTICALLY” WITH HER “SANCTUARY” CONCEPT while neighbor opposition was pending.
I would have halted construction at the first sign of trouble from neighbors and filed a mandamus action on City when it reneged on one or both orig. permits. However that turned out, I would have filed a claim against the City for damages and then sued them. BUT SHE WOULD HAVE HAD TO HALT construction and mitigate her damages to be successful here. As I recall, she HAD one or two lawyers trying to help her at one time. Perhaps she ran out of $$ to pay them.
Enc. prob. would have settled with her because they f**ked up, big time. This is NOT unusual, governments mess up and backpedal often.
Brown repeatedly jumping the gun and getting personally involved in these neighbor skirmishes is what got her into this mess.
In 2004, her builder perfected and foreclosed on its mechanic’s lien. This is no doubt what drove her to the brink. I haven’t checked, but the builder could have also been subject to any take-out loans Brown had. Everybody is taking a bath here, incl. Brown.
see: http://www.sdcourt.ca.gov/portal/page?_pageid=55,1056871&_dad=portal&_schema=PORTAL
I predict Brown ends up getting charged with misd. vandalism and pays a fine or the charges are dropped, b/c she already made restitution.
IMO, In CA, NIMBYism has truly gotten out of control, severely affecting individual property rights. There are several of these 5-6 bdrm. rehabs in 91911. The “patients” aren’t even allowed cars. They’re usually there around 30-90 days. They’re quiet, and “patients” also do chores around the property. Some of the newer neighbors may not even know its a rehab. The patients are usually there under court order, some to get custody of their kids back.
I know some people in Olivenhain are keeping horses and trying to maintain a “rural” lifestyle. But for whatever reason they acted as though they were living on an island in “G*d’s Country” in this instance. Are there actually CC&R’s there? To be blunt, Olivenhain is nothing more than a four-sided Dehesa, IMHO. Meaning SURROUNDED BY EXPOSURE TO FIRE ON ALL FOUR SIDES (instead of 3), a potential “death trap,” not unlike hiking outside Solvang or SLO in September and sleeping in a tent. It is smack dab in the middle of a very dangerous fire zone. I have no idea how the owners there are getting insurance (help from State??).
2009Buyer, I have an idea. Why don’t you send direct mail pieces with a business reply card to all the owners w/i 300 feet of this property to get a feel for what they think of this property being leased to an online graduate school. There wouldn’t be too many people there unless the students were meeting with their mentors or there was an orientation or graduation going on. The main road is nearby and there’s plenty of on-site pkg. You could get some income for a few years until the market for luxury properties picks up 🙂
Participant[quote=svelte]You make it sound like she was a fine upstanding citizen who just happened to have nosy neighbors.
This woman tried to strip the house after it was returned to the bank![/quote]
svelte, I’m not condoning her trying to strip the property after she lost it. She should have just put the whole mess behind her at that point. I believe she may have filed for Chapter 7, but I haven’t checked.
I have an article somewhere (SD Mag?) with a full-spread layout of the property detailing her plans and problems with the City of Enc.
Brown came into this project with $1-2 mil. of her OWN $$ (bad investment, for sure). She isn’t a stupid woman. If I recall, I believe the City of Enc. APPROVED her plans AND a conditional use permit. But because of her application for the permit, the City had to send out the obigatory letters to all owners w/i 300 feet, triggering a hearing. The owners came out in droves to the hg. and put the kobosh on her “rehab” concept so then the City had to renege on the use permit. At that time, the foundation and most of the framing was done but because it was so big, the neighbors filed complaints about it’s size, triggering another hearing. I’m not sure what happened there, but she might have had to scale back the whole project.
During this time, Brown COULD HAVE changed the inside to reflect a private luxury home (more walls, etc). HER MISTAKE WAS CONTINUING ON “ALTRUISTICALLY” WITH HER “SANCTUARY” CONCEPT while neighbor opposition was pending.
I would have halted construction at the first sign of trouble from neighbors and filed a mandamus action on City when it reneged on one or both orig. permits. However that turned out, I would have filed a claim against the City for damages and then sued them. BUT SHE WOULD HAVE HAD TO HALT construction and mitigate her damages to be successful here. As I recall, she HAD one or two lawyers trying to help her at one time. Perhaps she ran out of $$ to pay them.
Enc. prob. would have settled with her because they f**ked up, big time. This is NOT unusual, governments mess up and backpedal often.
Brown repeatedly jumping the gun and getting personally involved in these neighbor skirmishes is what got her into this mess.
In 2004, her builder perfected and foreclosed on its mechanic’s lien. This is no doubt what drove her to the brink. I haven’t checked, but the builder could have also been subject to any take-out loans Brown had. Everybody is taking a bath here, incl. Brown.
see: http://www.sdcourt.ca.gov/portal/page?_pageid=55,1056871&_dad=portal&_schema=PORTAL
I predict Brown ends up getting charged with misd. vandalism and pays a fine or the charges are dropped, b/c she already made restitution.
IMO, In CA, NIMBYism has truly gotten out of control, severely affecting individual property rights. There are several of these 5-6 bdrm. rehabs in 91911. The “patients” aren’t even allowed cars. They’re usually there around 30-90 days. They’re quiet, and “patients” also do chores around the property. Some of the newer neighbors may not even know its a rehab. The patients are usually there under court order, some to get custody of their kids back.
I know some people in Olivenhain are keeping horses and trying to maintain a “rural” lifestyle. But for whatever reason they acted as though they were living on an island in “G*d’s Country” in this instance. Are there actually CC&R’s there? To be blunt, Olivenhain is nothing more than a four-sided Dehesa, IMHO. Meaning SURROUNDED BY EXPOSURE TO FIRE ON ALL FOUR SIDES (instead of 3), a potential “death trap,” not unlike hiking outside Solvang or SLO in September and sleeping in a tent. It is smack dab in the middle of a very dangerous fire zone. I have no idea how the owners there are getting insurance (help from State??).
2009Buyer, I have an idea. Why don’t you send direct mail pieces with a business reply card to all the owners w/i 300 feet of this property to get a feel for what they think of this property being leased to an online graduate school. There wouldn’t be too many people there unless the students were meeting with their mentors or there was an orientation or graduation going on. The main road is nearby and there’s plenty of on-site pkg. You could get some income for a few years until the market for luxury properties picks up 🙂
Participant[quote=svelte]You make it sound like she was a fine upstanding citizen who just happened to have nosy neighbors.
This woman tried to strip the house after it was returned to the bank![/quote]
svelte, I’m not condoning her trying to strip the property after she lost it. She should have just put the whole mess behind her at that point. I believe she may have filed for Chapter 7, but I haven’t checked.
I have an article somewhere (SD Mag?) with a full-spread layout of the property detailing her plans and problems with the City of Enc.
Brown came into this project with $1-2 mil. of her OWN $$ (bad investment, for sure). She isn’t a stupid woman. If I recall, I believe the City of Enc. APPROVED her plans AND a conditional use permit. But because of her application for the permit, the City had to send out the obigatory letters to all owners w/i 300 feet, triggering a hearing. The owners came out in droves to the hg. and put the kobosh on her “rehab” concept so then the City had to renege on the use permit. At that time, the foundation and most of the framing was done but because it was so big, the neighbors filed complaints about it’s size, triggering another hearing. I’m not sure what happened there, but she might have had to scale back the whole project.
During this time, Brown COULD HAVE changed the inside to reflect a private luxury home (more walls, etc). HER MISTAKE WAS CONTINUING ON “ALTRUISTICALLY” WITH HER “SANCTUARY” CONCEPT while neighbor opposition was pending.
I would have halted construction at the first sign of trouble from neighbors and filed a mandamus action on City when it reneged on one or both orig. permits. However that turned out, I would have filed a claim against the City for damages and then sued them. BUT SHE WOULD HAVE HAD TO HALT construction and mitigate her damages to be successful here. As I recall, she HAD one or two lawyers trying to help her at one time. Perhaps she ran out of $$ to pay them.
Enc. prob. would have settled with her because they f**ked up, big time. This is NOT unusual, governments mess up and backpedal often.
Brown repeatedly jumping the gun and getting personally involved in these neighbor skirmishes is what got her into this mess.
In 2004, her builder perfected and foreclosed on its mechanic’s lien. This is no doubt what drove her to the brink. I haven’t checked, but the builder could have also been subject to any take-out loans Brown had. Everybody is taking a bath here, incl. Brown.
see: http://www.sdcourt.ca.gov/portal/page?_pageid=55,1056871&_dad=portal&_schema=PORTAL
I predict Brown ends up getting charged with misd. vandalism and pays a fine or the charges are dropped, b/c she already made restitution.
IMO, In CA, NIMBYism has truly gotten out of control, severely affecting individual property rights. There are several of these 5-6 bdrm. rehabs in 91911. The “patients” aren’t even allowed cars. They’re usually there around 30-90 days. They’re quiet, and “patients” also do chores around the property. Some of the newer neighbors may not even know its a rehab. The patients are usually there under court order, some to get custody of their kids back.
I know some people in Olivenhain are keeping horses and trying to maintain a “rural” lifestyle. But for whatever reason they acted as though they were living on an island in “G*d’s Country” in this instance. Are there actually CC&R’s there? To be blunt, Olivenhain is nothing more than a four-sided Dehesa, IMHO. Meaning SURROUNDED BY EXPOSURE TO FIRE ON ALL FOUR SIDES (instead of 3), a potential “death trap,” not unlike hiking outside Solvang or SLO in September and sleeping in a tent. It is smack dab in the middle of a very dangerous fire zone. I have no idea how the owners there are getting insurance (help from State??).
2009Buyer, I have an idea. Why don’t you send direct mail pieces with a business reply card to all the owners w/i 300 feet of this property to get a feel for what they think of this property being leased to an online graduate school. There wouldn’t be too many people there unless the students were meeting with their mentors or there was an orientation or graduation going on. The main road is nearby and there’s plenty of on-site pkg. You could get some income for a few years until the market for luxury properties picks up 🙂
Participant[quote=AN]Have you ever driven South in the morning? I have. Just so you know, there’s is usually no traffic going South in the morning and going North in the afternoon, between South County and Sorrento area.[/quote]
Driving from Sorrento to Chula is NOT the same route as driving from PQ to dtn. in the morning.
[quote=AN]BTW, Bing is Microsoft. They calculate time based on distance and speed limit.[/quote]
What is the speed limit on southbound I-15, say, near Ted Wms. Pkwy. bet. 7:00 and 7:30 a.m. on weekdays?? How about Mercy Rd. exit? Miramar Rd. exit? Clairemont Mesa?? How long to get thru the bottlenecked Balboa Park? How about getting to your parking space/garage? Or finding a meter?? You see what I’m saying, here??
[quote=AN]Where do you get your data from? Are you just trying to overexaggerate to make PQ look as bad as possible?[/quote]
I just guessed 30 miles. Concede that I didn’t know. I just looked at Mapquest which states it’s 10-13 miles (depending on loc. at PQ) to get to the beach at DM (just no. of Bully’s), total travel time 17-22 mins.
I was not trying to make PQ look bad. Your $895K McMansion in PQ has been built in several zip codes, including 91915 (slightly smaller). I was making fun of its “really bad” design, IMO, for the price it fetched.
[quote=AN]You got it, it’s location location location. Whether you agree with it or not won’t change the fact that PQ’s has a bigger draw, hence the price premium over south county per sq-ft and per lot size. The SOLDs listings speaks for themselves.[/quote]
No, I don’t believe PQ has a bigger “draw” than 91910. Acc. to SD Lookup, there were 101 SOLDS in 91910 since 3/17/10 and 100 SOLDS in PQ since 3/26/10. So there have been more sales in PQ in a little shorter time frame.
“Location” is subjective, AN. What your particular needs/wants are aren’t what everyone needs/wants. Some folks wish to preserve an older home and live in a ‘hood with 80+ yr. old trees and character. Historically, the best (and most exp.) locations in CA were those closest to the coast and ‘hood’s with historical significance, such as Beverly Hills (Los Angeles) or Mission Hills (SD). The “bay” can’t really be considered the coast, because you have to drive over the bridge or up the strand to get there. Hence, Chula properties are NOT coastal either, even though 91910 and 91911 are mostly situated in a “coastal” weather zone. Some people don’t care about living near “high-tech companies” I am one of those people.
If you take the recent solds from both PQ and 91910, PQ is more consistent in price from property to property. Many people who own unique luxury properties in Chula paid cash so have no need to put their properties on the market at its bottom or near bottom (2010). Hence, there were few luxury sales in CV since 3/17.
I know where I can walk my dog in front of two “empty-but-not-vacant luxury properties” tonite. What does that mean? It means beautifully furnished and not in distress, landscaping trimmed, alarm system on, pool clean but no one living there. Why? One family lives in Guadalajara. They will come late next month, for the summer. PQ does not even have these types of properties. I do not know the percentage of recent closings in PQ or 91910 which were distress sales.
I agree that PQ probably is a bigger draw to tech-worker buyers. I do not particularly prefer Chula over SD but I must remain for now. If I could live anywhere in the county, I would move to Fleetridge (92106). If the property didn’t have thick windows, I would install them and would live there until I die. I’ve had properties in portions of four streets picked out for myself since the summer of ’80. Who knows, maybe someday I’ll get there 🙂
Participant[quote=AN]Have you ever driven South in the morning? I have. Just so you know, there’s is usually no traffic going South in the morning and going North in the afternoon, between South County and Sorrento area.[/quote]
Driving from Sorrento to Chula is NOT the same route as driving from PQ to dtn. in the morning.
[quote=AN]BTW, Bing is Microsoft. They calculate time based on distance and speed limit.[/quote]
What is the speed limit on southbound I-15, say, near Ted Wms. Pkwy. bet. 7:00 and 7:30 a.m. on weekdays?? How about Mercy Rd. exit? Miramar Rd. exit? Clairemont Mesa?? How long to get thru the bottlenecked Balboa Park? How about getting to your parking space/garage? Or finding a meter?? You see what I’m saying, here??
[quote=AN]Where do you get your data from? Are you just trying to overexaggerate to make PQ look as bad as possible?[/quote]
I just guessed 30 miles. Concede that I didn’t know. I just looked at Mapquest which states it’s 10-13 miles (depending on loc. at PQ) to get to the beach at DM (just no. of Bully’s), total travel time 17-22 mins.
I was not trying to make PQ look bad. Your $895K McMansion in PQ has been built in several zip codes, including 91915 (slightly smaller). I was making fun of its “really bad” design, IMO, for the price it fetched.
[quote=AN]You got it, it’s location location location. Whether you agree with it or not won’t change the fact that PQ’s has a bigger draw, hence the price premium over south county per sq-ft and per lot size. The SOLDs listings speaks for themselves.[/quote]
No, I don’t believe PQ has a bigger “draw” than 91910. Acc. to SD Lookup, there were 101 SOLDS in 91910 since 3/17/10 and 100 SOLDS in PQ since 3/26/10. So there have been more sales in PQ in a little shorter time frame.
“Location” is subjective, AN. What your particular needs/wants are aren’t what everyone needs/wants. Some folks wish to preserve an older home and live in a ‘hood with 80+ yr. old trees and character. Historically, the best (and most exp.) locations in CA were those closest to the coast and ‘hood’s with historical significance, such as Beverly Hills (Los Angeles) or Mission Hills (SD). The “bay” can’t really be considered the coast, because you have to drive over the bridge or up the strand to get there. Hence, Chula properties are NOT coastal either, even though 91910 and 91911 are mostly situated in a “coastal” weather zone. Some people don’t care about living near “high-tech companies” I am one of those people.
If you take the recent solds from both PQ and 91910, PQ is more consistent in price from property to property. Many people who own unique luxury properties in Chula paid cash so have no need to put their properties on the market at its bottom or near bottom (2010). Hence, there were few luxury sales in CV since 3/17.
I know where I can walk my dog in front of two “empty-but-not-vacant luxury properties” tonite. What does that mean? It means beautifully furnished and not in distress, landscaping trimmed, alarm system on, pool clean but no one living there. Why? One family lives in Guadalajara. They will come late next month, for the summer. PQ does not even have these types of properties. I do not know the percentage of recent closings in PQ or 91910 which were distress sales.
I agree that PQ probably is a bigger draw to tech-worker buyers. I do not particularly prefer Chula over SD but I must remain for now. If I could live anywhere in the county, I would move to Fleetridge (92106). If the property didn’t have thick windows, I would install them and would live there until I die. I’ve had properties in portions of four streets picked out for myself since the summer of ’80. Who knows, maybe someday I’ll get there 🙂
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