[LAAFTERHOURS]

Regarding 4s ranch:

Recent sales on ralphs ranch road, silver pine, silver crest etc were down to 210 a sq ft. (all between 210 and 220)

So lets assume that we could easily hit 200 a sq ft by spring or at latest next fall if there are further price drops in 4s (Most assume san diego should see more of a decline).

So at 200 a sq ft, a 3000 sq ft home should go for 600K.

So assuming 200 per sq ft, Maybeck should sell for 560-740K.

It means that the Bank REOs that are frequenting my development at 500K should be going for under 400K. I think the maybeck prices breaching mid 5s isnt out of the question.

This is just my opinion and not an attack on yours. Imagine what happens if this financial mess continues..

[LAAFTERHOURS]

Regarding 4s ranch:

Recent sales on ralphs ranch road, silver pine, silver crest etc were down to 210 a sq ft. (all between 210 and 220)

So lets assume that we could easily hit 200 a sq ft by spring or at latest next fall if there are further price drops in 4s (Most assume san diego should see more of a decline).

So at 200 a sq ft, a 3000 sq ft home should go for 600K.

So assuming 200 per sq ft, Maybeck should sell for 560-740K.

It means that the Bank REOs that are frequenting my development at 500K should be going for under 400K. I think the maybeck prices breaching mid 5s isnt out of the question.

This is just my opinion and not an attack on yours. Imagine what happens if this financial mess continues..

[LAAFTERHOURS]

Regarding 4s ranch:

Recent sales on ralphs ranch road, silver pine, silver crest etc were down to 210 a sq ft. (all between 210 and 220)

So lets assume that we could easily hit 200 a sq ft by spring or at latest next fall if there are further price drops in 4s (Most assume san diego should see more of a decline).

So at 200 a sq ft, a 3000 sq ft home should go for 600K.

So assuming 200 per sq ft, Maybeck should sell for 560-740K.

It means that the Bank REOs that are frequenting my development at 500K should be going for under 400K. I think the maybeck prices breaching mid 5s isnt out of the question.

This is just my opinion and not an attack on yours. Imagine what happens if this financial mess continues..

[LAAFTERHOURS]

Regarding 4s ranch:

Recent sales on ralphs ranch road, silver pine, silver crest etc were down to 210 a sq ft. (all between 210 and 220)

So lets assume that we could easily hit 200 a sq ft by spring or at latest next fall if there are further price drops in 4s (Most assume san diego should see more of a decline).

So at 200 a sq ft, a 3000 sq ft home should go for 600K.

So assuming 200 per sq ft, Maybeck should sell for 560-740K.

It means that the Bank REOs that are frequenting my development at 500K should be going for under 400K. I think the maybeck prices breaching mid 5s isnt out of the question.

This is just my opinion and not an attack on yours. Imagine what happens if this financial mess continues..

[LAAFTERHOURS]

Regarding 4s ranch:

Recent sales on ralphs ranch road, silver pine, silver crest etc were down to 210 a sq ft. (all between 210 and 220)

So lets assume that we could easily hit 200 a sq ft by spring or at latest next fall if there are further price drops in 4s (Most assume san diego should see more of a decline).

So at 200 a sq ft, a 3000 sq ft home should go for 600K.

So assuming 200 per sq ft, Maybeck should sell for 560-740K.

It means that the Bank REOs that are frequenting my development at 500K should be going for under 400K. I think the maybeck prices breaching mid 5s isnt out of the question.

This is just my opinion and not an attack on yours. Imagine what happens if this financial mess continues..

[LAAFTERHOURS]

To the guy mentioning the feel of a ghost town.

I wouldnt let my kids play in a street that serves as a through street and unfortunately a lot of streets in 4s are through streets. People drive too fast and never stop fully at stop signs so I would be afraid to have kids out playing ball in a street unless it was a cul de sac.

All of the streets at Maybeck are through streets.

[LAAFTERHOURS]

To the guy mentioning the feel of a ghost town.

I wouldnt let my kids play in a street that serves as a through street and unfortunately a lot of streets in 4s are through streets. People drive too fast and never stop fully at stop signs so I would be afraid to have kids out playing ball in a street unless it was a cul de sac.

All of the streets at Maybeck are through streets.

[LAAFTERHOURS]

To the guy mentioning the feel of a ghost town.

I wouldnt let my kids play in a street that serves as a through street and unfortunately a lot of streets in 4s are through streets. People drive too fast and never stop fully at stop signs so I would be afraid to have kids out playing ball in a street unless it was a cul de sac.

All of the streets at Maybeck are through streets.

[LAAFTERHOURS]

To the guy mentioning the feel of a ghost town.

I wouldnt let my kids play in a street that serves as a through street and unfortunately a lot of streets in 4s are through streets. People drive too fast and never stop fully at stop signs so I would be afraid to have kids out playing ball in a street unless it was a cul de sac.

All of the streets at Maybeck are through streets.

[LAAFTERHOURS]

To the guy mentioning the feel of a ghost town.

I wouldnt let my kids play in a street that serves as a through street and unfortunately a lot of streets in 4s are through streets. People drive too fast and never stop fully at stop signs so I would be afraid to have kids out playing ball in a street unless it was a cul de sac.

All of the streets at Maybeck are through streets.

[LAAFTERHOURS]

[quote=Tavo]Fo someone not being familiar with Golden Hill, you certainly make assertions like you know it well.

“Now the interesting one is the low tier. Places like Golden Hill….No one really likes those. I think that people live there just because they happen to own a house (maybe they’ve inherited it…)”.

by the way, I would say your redfin example is in Logan Heights. True, same zip code, but pretty different market. Maybe you should visit Golden Hill sometime, it is pretty charming and very convenient to all of SD. Maybe not for you, though…[/quote]

Exactly what I was saying above..

[LAAFTERHOURS]

[quote=Tavo]Fo someone not being familiar with Golden Hill, you certainly make assertions like you know it well.

“Now the interesting one is the low tier. Places like Golden Hill….No one really likes those. I think that people live there just because they happen to own a house (maybe they’ve inherited it…)”.

by the way, I would say your redfin example is in Logan Heights. True, same zip code, but pretty different market. Maybe you should visit Golden Hill sometime, it is pretty charming and very convenient to all of SD. Maybe not for you, though…[/quote]

Exactly what I was saying above..

[LAAFTERHOURS]

[quote=Tavo]Fo someone not being familiar with Golden Hill, you certainly make assertions like you know it well.

“Now the interesting one is the low tier. Places like Golden Hill….No one really likes those. I think that people live there just because they happen to own a house (maybe they’ve inherited it…)”.

by the way, I would say your redfin example is in Logan Heights. True, same zip code, but pretty different market. Maybe you should visit Golden Hill sometime, it is pretty charming and very convenient to all of SD. Maybe not for you, though…[/quote]

Exactly what I was saying above..

[LAAFTERHOURS]

[quote=Tavo]Fo someone not being familiar with Golden Hill, you certainly make assertions like you know it well.

“Now the interesting one is the low tier. Places like Golden Hill….No one really likes those. I think that people live there just because they happen to own a house (maybe they’ve inherited it…)”.

by the way, I would say your redfin example is in Logan Heights. True, same zip code, but pretty different market. Maybe you should visit Golden Hill sometime, it is pretty charming and very convenient to all of SD. Maybe not for you, though…[/quote]

Exactly what I was saying above..

[LAAFTERHOURS]

[quote=Tavo]Fo someone not being familiar with Golden Hill, you certainly make assertions like you know it well.

“Now the interesting one is the low tier. Places like Golden Hill….No one really likes those. I think that people live there just because they happen to own a house (maybe they’ve inherited it…)”.

by the way, I would say your redfin example is in Logan Heights. True, same zip code, but pretty different market. Maybe you should visit Golden Hill sometime, it is pretty charming and very convenient to all of SD. Maybe not for you, though…[/quote]

Exactly what I was saying above..

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