[kcal09]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

It’s important to know that this home was sold in 11/08 for $792k ! I doubt that it will fetch more than the previous purchase price…

[kcal09]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

It’s important to know that this home was sold in 11/08 for $792k ! I doubt that it will fetch more than the previous purchase price…

[kcal09]

[quote=SkyRanchOwner]This is a current listing for a resale of one of the larger, Plan 4, EaglePointe homes located at the top of the mountain:

http://www.sdlookup.com/MLS-100026032-7228_Ocotillo_St_Santee_CA_92071

Let’s watch to see what it closes at. That should give us a good idea for the price point of the homes at the top of the mountain. All the remaining Eaglepointe homes are at lower elevations, and, therefore, the recent pricing is reflective of that.[/quote]

It’s important to know that this home was sold in 11/08 for $792k ! I doubt that it will fetch more than the previous purchase price…

[kcal09]

[quote=SkyRanchOwner]Nothing price can’t fix! I too wouldn’t be suprised if prices came down more on Eaglepoint. They have 3 phases left, after this current one. They are trying to figure out the correct price point for these homes in the current market.

Also, the last model for sale at $799k just went pending. I wonder what it will close at.
http://www.sdlookup.com/MLS-100009996-6125_Castilla_St_Santee_CA_92071

Here is the $649,990 EaglePointe listing:
http://www.sdlookup.com/MLS-100023268-7270_Ocotillo_St_Santee_CA_92071

Now that they are under the FHA loan limits, you’ll probably see more of these sell. Crestview and NorthStar keep selling and are where the buyers are, price point wise, for this area.
http://www.fha.com/lending_limits_state.cfm?state=CALIFORNIA

FYI – the 52 extension is coming along nicely. Should be finished I think by Q1 2011.[/quote]

I agree, the lower prices will certainly attract buyers who otherwise can’t afford a new home that close to San Diego. At this time, you can’t find anything new at these price levels unless you drive 30 miles up north.

[kcal09]

[quote=SkyRanchOwner]Nothing price can’t fix! I too wouldn’t be suprised if prices came down more on Eaglepoint. They have 3 phases left, after this current one. They are trying to figure out the correct price point for these homes in the current market.

Also, the last model for sale at $799k just went pending. I wonder what it will close at.
http://www.sdlookup.com/MLS-100009996-6125_Castilla_St_Santee_CA_92071

Here is the $649,990 EaglePointe listing:
http://www.sdlookup.com/MLS-100023268-7270_Ocotillo_St_Santee_CA_92071

Now that they are under the FHA loan limits, you’ll probably see more of these sell. Crestview and NorthStar keep selling and are where the buyers are, price point wise, for this area.
http://www.fha.com/lending_limits_state.cfm?state=CALIFORNIA

FYI – the 52 extension is coming along nicely. Should be finished I think by Q1 2011.[/quote]

I agree, the lower prices will certainly attract buyers who otherwise can’t afford a new home that close to San Diego. At this time, you can’t find anything new at these price levels unless you drive 30 miles up north.

[kcal09]

[quote=SkyRanchOwner]Nothing price can’t fix! I too wouldn’t be suprised if prices came down more on Eaglepoint. They have 3 phases left, after this current one. They are trying to figure out the correct price point for these homes in the current market.

Also, the last model for sale at $799k just went pending. I wonder what it will close at.
http://www.sdlookup.com/MLS-100009996-6125_Castilla_St_Santee_CA_92071

Here is the $649,990 EaglePointe listing:
http://www.sdlookup.com/MLS-100023268-7270_Ocotillo_St_Santee_CA_92071

Now that they are under the FHA loan limits, you’ll probably see more of these sell. Crestview and NorthStar keep selling and are where the buyers are, price point wise, for this area.
http://www.fha.com/lending_limits_state.cfm?state=CALIFORNIA

FYI – the 52 extension is coming along nicely. Should be finished I think by Q1 2011.[/quote]

I agree, the lower prices will certainly attract buyers who otherwise can’t afford a new home that close to San Diego. At this time, you can’t find anything new at these price levels unless you drive 30 miles up north.

[kcal09]

[quote=SkyRanchOwner]Nothing price can’t fix! I too wouldn’t be suprised if prices came down more on Eaglepoint. They have 3 phases left, after this current one. They are trying to figure out the correct price point for these homes in the current market.

Also, the last model for sale at $799k just went pending. I wonder what it will close at.
http://www.sdlookup.com/MLS-100009996-6125_Castilla_St_Santee_CA_92071

Here is the $649,990 EaglePointe listing:
http://www.sdlookup.com/MLS-100023268-7270_Ocotillo_St_Santee_CA_92071

Now that they are under the FHA loan limits, you’ll probably see more of these sell. Crestview and NorthStar keep selling and are where the buyers are, price point wise, for this area.
http://www.fha.com/lending_limits_state.cfm?state=CALIFORNIA

FYI – the 52 extension is coming along nicely. Should be finished I think by Q1 2011.[/quote]

I agree, the lower prices will certainly attract buyers who otherwise can’t afford a new home that close to San Diego. At this time, you can’t find anything new at these price levels unless you drive 30 miles up north.

[kcal09]

[quote=SkyRanchOwner]Nothing price can’t fix! I too wouldn’t be suprised if prices came down more on Eaglepoint. They have 3 phases left, after this current one. They are trying to figure out the correct price point for these homes in the current market.

Also, the last model for sale at $799k just went pending. I wonder what it will close at.
http://www.sdlookup.com/MLS-100009996-6125_Castilla_St_Santee_CA_92071

Here is the $649,990 EaglePointe listing:
http://www.sdlookup.com/MLS-100023268-7270_Ocotillo_St_Santee_CA_92071

Now that they are under the FHA loan limits, you’ll probably see more of these sell. Crestview and NorthStar keep selling and are where the buyers are, price point wise, for this area.
http://www.fha.com/lending_limits_state.cfm?state=CALIFORNIA

FYI – the 52 extension is coming along nicely. Should be finished I think by Q1 2011.[/quote]

I agree, the lower prices will certainly attract buyers who otherwise can’t afford a new home that close to San Diego. At this time, you can’t find anything new at these price levels unless you drive 30 miles up north.

[kcal09]

[quote=flinger][quote=kcal09]…Santee is going through a transition to becoming the La Jolla of the East County…[/quote]

And no wonder, it is only a 10-minute drive.[/quote]

Yep, so that your kids can go to the schools in LJ…

[kcal09]

[quote=flinger][quote=kcal09]…Santee is going through a transition to becoming the La Jolla of the East County…[/quote]

And no wonder, it is only a 10-minute drive.[/quote]

Yep, so that your kids can go to the schools in LJ…

[kcal09]

[quote=flinger][quote=kcal09]…Santee is going through a transition to becoming the La Jolla of the East County…[/quote]

And no wonder, it is only a 10-minute drive.[/quote]

Yep, so that your kids can go to the schools in LJ…

[kcal09]

[quote=flinger][quote=kcal09]…Santee is going through a transition to becoming the La Jolla of the East County…[/quote]

And no wonder, it is only a 10-minute drive.[/quote]

Yep, so that your kids can go to the schools in LJ…

[kcal09]

[quote=flinger][quote=kcal09]…Santee is going through a transition to becoming the La Jolla of the East County…[/quote]

And no wonder, it is only a 10-minute drive.[/quote]

Yep, so that your kids can go to the schools in LJ…

[kcal09]

In my opinion, the current prices are still a little too high for Santee, i.e. these homes are not a “steal” yet. You’re right , somewhere in the $500k range would be an attractive buy.

[kcal09]

In my opinion, the current prices are still a little too high for Santee, i.e. these homes are not a “steal” yet. You’re right , somewhere in the $500k range would be an attractive buy.

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