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evolusd
Participant[quote=sdrealtor]Agree. I think its mispriced and even though it will get bid up it wont reach the level it could have sold for. But it will sell quickly, thats for certain![/quote]
Pending already!
ParticipantThat new one on Durango Cir in 92011 seems like a deal for someone that only needs a 3/2 and has attached rental. Bet it gets bid up.
ParticipantDaveLJ – with everything going up up up (housing, stocks) are you still in this frame of mind? I agree with your assessment, but wonder if “don’t fight the fed” is ringing true once again. The old bank I used to work for beat Q2 EPS estimates and are telling investors that the portfolio is holding up well.
Participant[quote=sdrealtor]Back to school time! Market should be paused up here. It isnt!
New listings 32 same as last week.
Very much in line with what we have been seeing since mid-June. They keep coming at a slow steady pace not meeting demand.
New Pendings up to 44 back up from a lull last week. Did not expect that! Thats 12 more than the new listings. Inventory has now been declining for 3 solid months.
Closed sales at 37 again the high point since early April and reflects all the frenzy of last few months.
Only 10 price reductions.
Total houses for sale back down to 112.
Market still cruising[/quote]
Thanks for the update!
ParticipantRobert Daniels of Skaja, Daniels, Lister & Permito
[email protected]Check out their website for info. Solid guy, good friend of mine, super sharp.
Participant[quote=sdrealtor]Just saw this one. I know the OP. He got as far as San Elijo Hills.[/quote]
Guilty! Got lucky and made a killing on our SEH home before selling last year, concerned about economic fundamentals and have resolved to renting in Carlsbad while the kids finish school and go off to college. Since we can’t family travel like we’d hoped, considering a cabin up in the mountains as a weekend getaway.
ParticipantDOT for $1.6M by private party on this parcel. What a bust.
ParticipantSometimes I wonder if I’m too conservative. Save for retirement, keep liquidity for shocks like these, live within my means, etc.
My old neighbor told me they’re putting in a pool because they got a mortgage forbearance and the wife is actually making more on unemployment than she did working. All this after they drained their retirement to buy the home and were on a payment plan with the IRS for the big tax hit they weren’t expecting.
A POOL!
ParticipantNot good news, the world needs to figure out a better way than single use plastic. Big problem IMO.
A bit ironic, though, that they banned plastic bags but everything you buy at the store and then put in your re-usable bags is packaged in plastic. Have to start somewhere, I guess.
ParticipantSold in May 2019, have been making offers the last few months but nobody willing to accept our low balls.
I can’t imagine this doesn’t have a material impact on pricing over the next 12-18 mos with the government intervention being the real x-factor.
Feel fortunate I didn’t just get into a big mortgage and am still liquid, these are going to be tough times for almost everyone.
Hang in there, Piggs.
ParticipantFirst, for Pete’s sake please change the cell format to accounting. The finance nerd in me is having an anxiety attack.
Second, don’t you think at some point this government-guaranteed debt funded increase in college pricing will come to an end? Maybe not in the next 5 years, but it seems the path we’re on is unsustainable.
ParticipantI hated how Warren strategically avoided the question about raising taxes on the middle class to pay for Medicare for all. That’s what I hate about politicians. She scares me. Thought Mayor Pete did well and I’m a big fan of Yang – those two have the best chance at converting Trumpers and getting independent votes.
ParticipantI’m a salary + commission structure. Ran the numbers under both the old tax structure and new tax structure and ended up paying less as a % of AGI under the new tax laws. While my deductions were significantly less due to the SALT maximum, the Child Tax Credit (increased amount and not phasing out) helped me a bunch as I have 3 kids.
Also ran the numbers and determined that owning a home doesn’t benefit me as much now tax-wise; made the decision to sell my home to move to a different high school district a bit easier.
Participant[quote=The-Shoveler]IMO what’s undeserved in the US market is a “cheap” no frills work truck.
First company who comes out with a “small” pick-up (4 or 6 banger) win’s…
I see so many 20-30 year old small trucks people are keeping alive because they cannot afford a 35K and over new work truck.[/quote]
What about the Nissan Frontier?
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