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BG – Thanks for bringing up the 2000 pricing in relation to location. I have seen very few places along the coast that have seen 2000 prices. (not saying there won’t be some that pop up and that would be more condos/townhouses) There are many more SFR that are seeing 2003 pricing.

Since PL is considered a desireable ZIP and since there were so few NODs (haven’t checked lately) I am surprised to see declines at all, which was the reason I even started this thread in the first place. The declines along the coast have been gradual and for there to be 2003 pricing along the coast w/these interest rates are quite good.

Yes, you can get 2000 pricing in Temecula, Chula Vista, etc. Those areas are not the coast where prices have been very sticky. To get 2003 pricing along the coast that realtors (perhaps not on this blog) have claimed is immune is really saying something. It was only a short few years ago that I remember hearing people say the coast would see little decline in pricing. Others were saying to just wait, it will happen eventually. They are occurring, however slowly and gradually, and on properties that are not fixers.

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I personally think 2003 pricing is still high, which is why I started out my post about this property saying it’s still a lot. But it is Point Loma (which is much more desireable than Mira Mesa). And the interest rates are much lower than 2003. And it is highly upgraded. So when you factor in everything, then the price is not too bad. Great deal, no, IMO. But decent price overall.

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BG – yeah, that cooktop/range is not cheap. I just got a Frigidaire stove/oven and that ran me 2k. I was considering not getting a slide-in range and just get a countertop stove until I saw how much that was going to cost me. A little shocking.

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AN – you must be looking at some very low end Jenn-Air fridges. I’ve got a high-end Kitchenaid that costs about 3k, so I know the Jenn-Air is way more than that and was out of my budget. And I was lucky enough to find Bosch dishwasher at Sears outlet that ran 900 bucks. The Fisher Paykel costs way more than Bosch.

As for the bath, I said 5k was conservative b/c looks like they probably redid both baths.

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[quote=bearishgurl][10, 11 and 12: All new kitchen appls (bolded above). jp, since you are our “resident appliance lady,” why don’t you take a stab at this cost – I have no idea . . . lol.
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I would love to give a rough estimate on it, but quite honestly, it varies so greatly from different models. And also depends if they got lucky and found them at an outlet like Sears or even the Standard of Excellence outlet. It goes w/out saying that Jenn-Air and Fisher and Paykel are top-of-the-line appliances and the GE Profile/Monogram are their high end. They will have to pay someone to remove the old and install the new. I’d say the conservative low end estimate for all that would be in the 20k range at least.

The custom window replacements are not cheap. I think your estimate may be low on that if you consider install as well.

Lights and ceiling fans would be higher installed, as well.

Having just done a kitchen remodel, and doing a lot of work shopping around to get deals and negotiate w/people, I do not think that 39k is very high. Those cabinets even have glass in them. Some of those pull handles aren’t very cheap. We did so much of the work ourselves to save money. If they had to hire someone to do all the work, then 39k could actually be low. Those cabinets look like they might be Martha Stewart types.

I also just did my bath and again, BG, 5k is conservative. They have wainscoating on the walls and some very nice tyle design on the floor. This wasn’t lipstick on a pig.

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There’s no question that this sold for higher than 2003 pricing. But a very nice, upgraded home in PL, when factoring in the very low interest rates we have today, I’d say that makes up for the higher than 2003 price in this case.

Edit: Oh, and it appears it originally Listed: 08/24/2010 for $1,045,000

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Agreed. It was only 19% off the 2007 price and that’s why I said it reduced a little. For the most part, PL has been holding on. Every once in a while some reductions happen. For a ZIP w/fewer NODS than most, I’m still surprised.

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Another little reduction in PL. 2210 Plum sold for 750k. They originally listed it for 945k. They were thinking they could actually sell it for more than what they paid for it in 2007 (925k)

If you ask me, 750k is still a lot. But it is PL. But it is not too far from the airplane noise, which is a negative. But it is a very nice place. In any case, one more house that has sold for less in PL.

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[quote=Jazzman]I don’t understand why this should be news, or why 2007 prices should be any kind of benchmark to aim for. Is the assumption that a return to prices that were artificially highly inflated is somehow symptomatic of a recovery? If it is, then is it any wonder we got into this fine mess. I am seriously starting to be believe I must be from a different planet.[/quote]

Yes, thanks for that. Agreed.

[quote=Nor-LA-SD-GUY2]Ohh yea, Lower home prices have been a real boon alright !!
Just ask anyone in phoenix , Florida or Vegas
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If one is allowed to use monopoly money, then the economy is good.

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Thanks for the clarification, Rich.

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[img_assist|nid=15409|title=CS chart|desc=|link=node|align=left|width=100|height=76]

Really. I will not underestimate the greed of people, but if we ever get to those highs ever again in however many years, it will be amazing. Nine years only?

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Was that a flip or was the sold price of 818k the price at which it went back to the bank?

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I am very conflicted on this Vitamin D issue. My doctor says I have low (very low) Vitamin D. But I have some health issues. I think Vitamin D deficiency is caused by something, some underlying disease process. That doesn’t mean supplementing it will improve one’s condition, IMO. I don’t know quite what to think any more.

I read this article from 2008 and it has me wondering.
Vitamin D Deficiency Study Raises New Questions About Disease And Supplements
Low blood levels of vitamin D have long been associated with disease, and the assumption has been that vitamin D supplements may protect against disease. However, this new research demonstrates that ingested vitamin D is immunosuppressive and that low blood levels of vitamin D may be actually a result of the disease process. Supplementation may make the disease worse…….

Molecular biology is now forcing us to re-think the idea that a low measured value of vitamin D means we simply must add more to our diet….

“Our disease model has shown us why low levels of vitamin D are observed in association with major and chronic illness,” Marshall added. “Vitamin D is a secosteroid hormone, and the body regulates the production of all it needs. In fact, the use of supplements can be harmful, because they suppress the immune system so that the body cannot fight disease and infection effectively.”

Marshall’s research has demonstrated how ingested vitamin D can actually block VDR activation, the opposite effect to that of Sunshine…..

Vitamin D deficiency, long interpreted as a cause of disease, is more likely the result of the disease process, and increasing intake of vitamin D often makes the disease worse.

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[quote=earlyretirement]As to Obama….whether you are a Republican or a Democrat, I haven’t talked to anyone that thinks he is living up to the potential of what he promised. From both sides, I think it’s safe to say he has been a huge disappointment. And his popularity numbers reflect that fact.[/quote]

I think there are more Democrats who are willing to set aside their devotion to party candidates and admit when their elected candidate is not living up to expectations. I can’t say that for staunch Republicans who still do not want to admit the part that Bush had in the economic mess we are in and the 8 years of havoc he brought to our country.

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[quote=CA renter]I dunno…maybe keep some of the promises he made during his campaign?

Obama has done more to destroy the middle class than Bush did. The financial crisis gave us an unprecedented opportunity to right many of the wrongs that have been perpetrated by those in power — the financial elite. They could have been investigated, tossed in jail, their assets confiscated, and made an example of so that nobody would try that sh!t again, at least not for many decades to come. Instead, Obama (and his puppet masters who control everything) made sure they got record-breaking bonuses **during a financial crisis!!!** and saw to it that nobody was punished, nobody lost their assets, and nobody went to jail.

In the meantime, he (and company) tried to convince us that inflation would somehow solve our problems…that giving even MORE money to the rich would magically make everything alright. He’s not called out the speculators who’ve caused massive inflation in basic commodities that people need to buy in order to live The speculators who’ve caused even more distress among those who were hurt most by the bubble and its aftermath are swimming in more money than they could ever have imagined.

Why didn’t we nationalize the banks and start investigating those who KNEW that their actions were going to cause a collapse of the financial system? Why isn’t Alan Greenspan being investigated? Why aren’t the regulators being investigated? Why aren’t the CEOs of the financial firms being investigated? All we’ve seen are minor slaps on the wrist. It’s an obvious cover-up, and everybody knows it, and Obama knows it, too.[/quote]

I agree, once again, w/everything you said. You forgot that he said he was going to end the war and that’s still going on. But everything else you said shows to whom he is beholden.

Arraya – great passage!

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