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DaCounselor
ParticipantTalk about chasing the market down…after a few years I guess reality finally sank in. Plenty of sellers in 92037 are going to have a plate a reality served to them over the next several years. And I think $1.5 mil is far too much for this place, right smack dab on LJ Mesa? That’s a busy street and cars are moving real quick through there.
DaCounselor
ParticipantTalk about chasing the market down…after a few years I guess reality finally sank in. Plenty of sellers in 92037 are going to have a plate a reality served to them over the next several years. And I think $1.5 mil is far too much for this place, right smack dab on LJ Mesa? That’s a busy street and cars are moving real quick through there.
DaCounselor
ParticipantTalk about chasing the market down…after a few years I guess reality finally sank in. Plenty of sellers in 92037 are going to have a plate a reality served to them over the next several years. And I think $1.5 mil is far too much for this place, right smack dab on LJ Mesa? That’s a busy street and cars are moving real quick through there.
DaCounselor
ParticipantThe pain in 92037 is at the low-end as well…down 37%
http://www.sdlookup.com/MLS-080083255-9253_Regents_A202_La_Jolla_Ca_92037
DaCounselor
ParticipantThe pain in 92037 is at the low-end as well…down 37%
http://www.sdlookup.com/MLS-080083255-9253_Regents_A202_La_Jolla_Ca_92037
DaCounselor
ParticipantThe pain in 92037 is at the low-end as well…down 37%
http://www.sdlookup.com/MLS-080083255-9253_Regents_A202_La_Jolla_Ca_92037
DaCounselor
ParticipantThe pain in 92037 is at the low-end as well…down 37%
http://www.sdlookup.com/MLS-080083255-9253_Regents_A202_La_Jolla_Ca_92037
DaCounselor
ParticipantThe pain in 92037 is at the low-end as well…down 37%
http://www.sdlookup.com/MLS-080083255-9253_Regents_A202_La_Jolla_Ca_92037
June 11, 2009 at 11:22 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #413801DaCounselor
Participant“Do you think this trickling out of inventory is going to last or will it get easier to buy a house when all of the alt-A loans go into foreclosure?”
__________________________Depends on the neighborhood and price range. Right now the inventory-to-closings ratios in most higher-end areas is extremely high. So something has to give, and it’s probably going to be price. So I believe it will get “easier” (if easier means more inventory and substantial price cuts) to buy a house in the higher-end areas over the next 2-3 yrs. The competition for these properties is not likely to be anywhere near as intense as for the low end.
June 11, 2009 at 11:22 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #414041DaCounselor
Participant“Do you think this trickling out of inventory is going to last or will it get easier to buy a house when all of the alt-A loans go into foreclosure?”
__________________________Depends on the neighborhood and price range. Right now the inventory-to-closings ratios in most higher-end areas is extremely high. So something has to give, and it’s probably going to be price. So I believe it will get “easier” (if easier means more inventory and substantial price cuts) to buy a house in the higher-end areas over the next 2-3 yrs. The competition for these properties is not likely to be anywhere near as intense as for the low end.
June 11, 2009 at 11:22 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #414291DaCounselor
Participant“Do you think this trickling out of inventory is going to last or will it get easier to buy a house when all of the alt-A loans go into foreclosure?”
__________________________Depends on the neighborhood and price range. Right now the inventory-to-closings ratios in most higher-end areas is extremely high. So something has to give, and it’s probably going to be price. So I believe it will get “easier” (if easier means more inventory and substantial price cuts) to buy a house in the higher-end areas over the next 2-3 yrs. The competition for these properties is not likely to be anywhere near as intense as for the low end.
June 11, 2009 at 11:22 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #414360DaCounselor
Participant“Do you think this trickling out of inventory is going to last or will it get easier to buy a house when all of the alt-A loans go into foreclosure?”
__________________________Depends on the neighborhood and price range. Right now the inventory-to-closings ratios in most higher-end areas is extremely high. So something has to give, and it’s probably going to be price. So I believe it will get “easier” (if easier means more inventory and substantial price cuts) to buy a house in the higher-end areas over the next 2-3 yrs. The competition for these properties is not likely to be anywhere near as intense as for the low end.
June 11, 2009 at 11:22 AM in reply to: Predictions on when it will become easier/cheaper to buy a house? #414513DaCounselor
Participant“Do you think this trickling out of inventory is going to last or will it get easier to buy a house when all of the alt-A loans go into foreclosure?”
__________________________Depends on the neighborhood and price range. Right now the inventory-to-closings ratios in most higher-end areas is extremely high. So something has to give, and it’s probably going to be price. So I believe it will get “easier” (if easier means more inventory and substantial price cuts) to buy a house in the higher-end areas over the next 2-3 yrs. The competition for these properties is not likely to be anywhere near as intense as for the low end.
DaCounselor
Participantthese poor folks have been trying to sell this place at 3713B for several years. i believe they remodeled with the idea it would sell the place. oops. i have been inside, it’s an ok remodel, a flipper style remodel. not a fan of the tile in the living area. it’s lower down the hill so the views are not as good as the upper units and its close to balboa ave traffic noise. i would love to see them get as much rent $$ as possible, though…
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