It seems you are pretty familiar with Northern SD market.
We are first time home buyer. Just made an offer in Nov., but somebody grabbed the deal. Today I saw the same house is on the market again after 1.5 month. The buyer obviously is a flip flopper. He bought the house for about 497k in Nov,(the seller had to sell because of job changing, so he lowered the price from 519k–539k to 499k.) now this flip flopper is asking for 539k–569k.
It is sad to see those flip flopper manipulate the market.
We decide to continue to rent, and wait and see. Do you have some idea about Scripp ranch area rental situation? Do I have to go through agent to rent a house?
Thank you in advance.
Gspan got stock market bubble for us, then housing bubble. Only 15% of the people in southern CA can afford the house now. If rent continues to go up and renters can not afford, where shall people live?
Where is this government leading us to? Ya, Southern has a great climate. We can all camp outside, I guess.
According to the 4 houses i was interested in buying at scripps ranch area,(I haven’t bought any of them so far.)They all dropped off their prices.
1.10725 wexford st. first listing price was:$529k–549k in Oct. changed to 499k in Nov.(sold)
2.10922 Ivy hill Dr. first listing price was 519k–549k in August
changed to 509k–539k in Nov. Still on the market
3.10918 Ivy Hill 569k–599k in August
changed to 549.9k–569.9k in Dec.Still on the market
4.11053 Caminito Dulce first listing price was 549k–579k in Sept.
changed to 539k–549k in Dec. Still on the market
Is this seasonal?
I am debating if I should buy now.
Any suggestion?
