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bsrsharma
ParticipantDCR – I have nothing against these small homes. I agree with all your sentiments. I think, though, they are good for singles, couples and retired folks who can enjoy city life. But, I wish it was priced with those folks in mind – 100K for example. Putting a family home pricetag on a studio/suite is beyond irrational.
bsrsharma
ParticipantDCR – I have nothing against these small homes. I agree with all your sentiments. I think, though, they are good for singles, couples and retired folks who can enjoy city life. But, I wish it was priced with those folks in mind – 100K for example. Putting a family home pricetag on a studio/suite is beyond irrational.
October 8, 2007 at 4:11 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87433bsrsharma
ParticipantDOM is definitely fabricated. My own agent told me that. He takes a listing for 60 days and if it doesn't sell he relists it.
If so, they are hurting everyone. If I am a seller, I see these small DOM and think the market is healthy and not price it low enough to sell, thus chasing the market down. If the MLS can be made to reflect true DOM, potential sellers will get shivers in their spine on seeing DOMs like 180/ 360/540 and will price it aggressively, shortening the suffering for everyone.
October 8, 2007 at 4:11 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87440bsrsharma
ParticipantDOM is definitely fabricated. My own agent told me that. He takes a listing for 60 days and if it doesn't sell he relists it.
If so, they are hurting everyone. If I am a seller, I see these small DOM and think the market is healthy and not price it low enough to sell, thus chasing the market down. If the MLS can be made to reflect true DOM, potential sellers will get shivers in their spine on seeing DOMs like 180/ 360/540 and will price it aggressively, shortening the suffering for everyone.
bsrsharma
ParticipantVoZangre: It is a Disney model. Fits inside a McMansion. Specially designed for Barbie & Ken.
bsrsharma
ParticipantVoZangre: It is a Disney model. Fits inside a McMansion. Specially designed for Barbie & Ken.
October 8, 2007 at 3:28 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87415bsrsharma
ParticipantIf you see these detailed statistics http://sandicor.com/statistics/stats2007/09-2007/sfd-09-07-stats.pdf
Some things are surprising:
Average DOM seems reasonable; most areas less than 90 days. Is this reliable or fudged on MLS? If DOM is so low, why Months of Inventory is high many times? Anyway to reconcile these?
Some unusual areas of strength: Chula Vista, Escondido, San Marcos, Claremont Mesa all have sold Jumbo priced properties.
October 8, 2007 at 3:28 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87422bsrsharma
ParticipantIf you see these detailed statistics http://sandicor.com/statistics/stats2007/09-2007/sfd-09-07-stats.pdf
Some things are surprising:
Average DOM seems reasonable; most areas less than 90 days. Is this reliable or fudged on MLS? If DOM is so low, why Months of Inventory is high many times? Anyway to reconcile these?
Some unusual areas of strength: Chula Vista, Escondido, San Marcos, Claremont Mesa all have sold Jumbo priced properties.
bsrsharma
ParticipantHappened to us when we were house hunting in 1993. Except, it was the homeowner who ran out of cash while on a poorly thought out remodel and walked away from the home (to add to the tragedy, I think his family fell apart too). We were offered a good discount for the “unfinished pool”. We said no thanks. With a small child, we did not want a house with a hole in the ground at any price!
bsrsharma
ParticipantHappened to us when we were house hunting in 1993. Except, it was the homeowner who ran out of cash while on a poorly thought out remodel and walked away from the home (to add to the tragedy, I think his family fell apart too). We were offered a good discount for the “unfinished pool”. We said no thanks. With a small child, we did not want a house with a hole in the ground at any price!
bsrsharma
Participantsomething like this will really drop below 300k
If they get 300K for this, the seller deserves a nice vacation. They have won a lottery. (The buyer deserves a debtor's prison for stupidity; Oh never mind, he already got his cell)
bsrsharma
Participantsomething like this will really drop below 300k
If they get 300K for this, the seller deserves a nice vacation. They have won a lottery. (The buyer deserves a debtor's prison for stupidity; Oh never mind, he already got his cell)
bsrsharma
ParticipantSogon: I hope you were being satirical! How can you confuse taxes with ownership? The government never keeps your title. If you don’t pay your debts, they can seize your assets – just like anyone else. If you default on a debt to me, I can probably force you to sell your house to pay me; that never makes me the owner.
bsrsharma
ParticipantSogon: I hope you were being satirical! How can you confuse taxes with ownership? The government never keeps your title. If you don’t pay your debts, they can seize your assets – just like anyone else. If you default on a debt to me, I can probably force you to sell your house to pay me; that never makes me the owner.
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