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hpiParticipant
several factors that make this fire less destructive in 4s, Santa Luz area
1. I-15 is a very important obstacle to the fire that significantly reduce the risk
2. the mountain between the Westwood area and 4s ranch. The mountain is quite high with less vegetation, which is a nature fence … without the maintain, 4s will be caught and hit hard this time
3. business park between the redicential area along I-15 and 4s. The business part has large open ground, and less prone to big fire
hpiParticipantseveral factors that make this fire less destructive in 4s, Santa Luz area
1. I-15 is a very important obstacle to the fire that significantly reduce the risk
2. the mountain between the Westwood area and 4s ranch. The mountain is quite high with less vegetation, which is a nature fence … without the maintain, 4s will be caught and hit hard this time
3. business park between the redicential area along I-15 and 4s. The business part has large open ground, and less prone to big fire
hpiParticipantI guess for most of the new areas, the MR can be deducted as normal tax, becase we could take the bond (that the MR is going for) as a 30 yr mortgage. How much percetage of it is actually for the inerest instead of the principle for the first 10 years. Since the inertest dominates the earlier years of the payment, it should be largely tax deductible.
In the last 10 yrs of the bond, I believe most of the payment will pay to the principle … BTW that is 20 years later, $3700 at that time might only worth $370 today, and the median home price will be 1.5-2 million …
My $0.02
hpiParticipantshould be a seller consortium too?
NAR is for the profit of realtor unfortunately. It is interesting to know how important of realtor in the decision making process of either seller or buyer.
hpiParticipantshould be a seller consortium too?
NAR is for the profit of realtor unfortunately. It is interesting to know how important of realtor in the decision making process of either seller or buyer.
July 17, 2007 at 12:03 AM in reply to: Research (or Speculation) as to timeline for Mortgage Resets and NODs #66164hpiParticipantDon’t count on graph. The bottom will probably last very long nationally, but every RE market is local. It is not clear how many purchases made in 2004-2006 will turn to be NOD, if 10% goes to NOD, it adds the same faction of supply to the overall volume in the future, which doesn’t seems to be a very big problem. The major issue here is whether there are plenty of capable buyers to support current price … this mainly relates to local economy, especially creation of new jobs.
July 17, 2007 at 12:03 AM in reply to: Research (or Speculation) as to timeline for Mortgage Resets and NODs #66099hpiParticipantDon’t count on graph. The bottom will probably last very long nationally, but every RE market is local. It is not clear how many purchases made in 2004-2006 will turn to be NOD, if 10% goes to NOD, it adds the same faction of supply to the overall volume in the future, which doesn’t seems to be a very big problem. The major issue here is whether there are plenty of capable buyers to support current price … this mainly relates to local economy, especially creation of new jobs.
hpiParticipantSD Realtor
Thanks for the estimate of market price of this home. Yesterday I thought 640k should be a number that beat all the potential buyers and it is not unimpossible to get the deal below 600k. Looks I am too bearish.
Paying lose to 700k for 11978 wilmington Rd really need braveness.
hpiParticipantSD Realtor
Thanks for the estimate of market price of this home. Yesterday I thought 640k should be a number that beat all the potential buyers and it is not unimpossible to get the deal below 600k. Looks I am too bearish.
Paying lose to 700k for 11978 wilmington Rd really need braveness.
hpiParticipantSo the purchase price is 580k or higher.
SD realtor, what is the fair price for this home at current market?
hpiParticipantSo the purchase price is 580k or higher.
SD realtor, what is the fair price for this home at current market?
hpiParticipantThe stagnant market will go on and on … until the inflation offsets the bubble, this is the worst scenario for buyers since it needs much longer time to approach a reaonsable price.
For those resale home purchased in recent 2-3 years, the holding cost is high. These type of resales only account for a small facttion of the resale market in my impression …
hpiParticipantThe stagnant market will go on and on … until the inflation offsets the bubble, this is the worst scenario for buyers since it needs much longer time to approach a reaonsable price.
For those resale home purchased in recent 2-3 years, the holding cost is high. These type of resales only account for a small facttion of the resale market in my impression …
hpiParticipantThe price of several low-end neighdour at Del Sur increases by 5k-10k from last Dec. to May this year. e.g. Cassero was sold 605k last Dec with 15k incentive and 10k+ upgrading included (floor, countertop), BTW that was year-end quick colsing deal. Bridgewalk was sold 580k with 10k incentive in early 2007, now it is 600k (with 25k incentive?). I didn’t check the latest prices, so I really don’t know what’s going on there.
I felt the price for new home of less 650k didn’t change much for last 6 months (their price might be reduced earlier though). The price drop in last 6 months mainly occured for those high-end homes I guess.
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