[LAAFTERHOURS]

[quote=propertysearchaddiction]

I think your hesitation is right on. I think 6 months to 1 year you can get the same home for $25-$45 less per square foot. That is just my opinion having watched SEH for two years. Or just low ball. I would NOT spend $200 per square foot here because we are still declining.
[/quote]

One on Milan went for 180 a sq ft and another on genoa 170 a sq ft in the last month or so. That 25-45 dollar drop could happen quickly if a ton of inventory dumps on the market in 2009. 25 dollars off that 170 watermark – puts the smallest floor plan under 500K. I dont think that happens this year but why not be optimistic.

Im eyeing a commute from SEH to the 56/5 interchange (not as bad as a commute to LJ and have el camino as an alternate).

[LAAFTERHOURS]

[quote=propertysearchaddiction]

I think your hesitation is right on. I think 6 months to 1 year you can get the same home for $25-$45 less per square foot. That is just my opinion having watched SEH for two years. Or just low ball. I would NOT spend $200 per square foot here because we are still declining.
[/quote]

One on Milan went for 180 a sq ft and another on genoa 170 a sq ft in the last month or so. That 25-45 dollar drop could happen quickly if a ton of inventory dumps on the market in 2009. 25 dollars off that 170 watermark – puts the smallest floor plan under 500K. I dont think that happens this year but why not be optimistic.

Im eyeing a commute from SEH to the 56/5 interchange (not as bad as a commute to LJ and have el camino as an alternate).

[LAAFTERHOURS]

[quote=propertysearchaddiction]

I think your hesitation is right on. I think 6 months to 1 year you can get the same home for $25-$45 less per square foot. That is just my opinion having watched SEH for two years. Or just low ball. I would NOT spend $200 per square foot here because we are still declining.
[/quote]

One on Milan went for 180 a sq ft and another on genoa 170 a sq ft in the last month or so. That 25-45 dollar drop could happen quickly if a ton of inventory dumps on the market in 2009. 25 dollars off that 170 watermark – puts the smallest floor plan under 500K. I dont think that happens this year but why not be optimistic.

Im eyeing a commute from SEH to the 56/5 interchange (not as bad as a commute to LJ and have el camino as an alternate).

[LAAFTERHOURS]

[quote=propertysearchaddiction]

I think your hesitation is right on. I think 6 months to 1 year you can get the same home for $25-$45 less per square foot. That is just my opinion having watched SEH for two years. Or just low ball. I would NOT spend $200 per square foot here because we are still declining.
[/quote]

One on Milan went for 180 a sq ft and another on genoa 170 a sq ft in the last month or so. That 25-45 dollar drop could happen quickly if a ton of inventory dumps on the market in 2009. 25 dollars off that 170 watermark – puts the smallest floor plan under 500K. I dont think that happens this year but why not be optimistic.

Im eyeing a commute from SEH to the 56/5 interchange (not as bad as a commute to LJ and have el camino as an alternate).

[LAAFTERHOURS]

[quote=propertysearchaddiction]

I think your hesitation is right on. I think 6 months to 1 year you can get the same home for $25-$45 less per square foot. That is just my opinion having watched SEH for two years. Or just low ball. I would NOT spend $200 per square foot here because we are still declining.
[/quote]

One on Milan went for 180 a sq ft and another on genoa 170 a sq ft in the last month or so. That 25-45 dollar drop could happen quickly if a ton of inventory dumps on the market in 2009. 25 dollars off that 170 watermark – puts the smallest floor plan under 500K. I dont think that happens this year but why not be optimistic.

Im eyeing a commute from SEH to the 56/5 interchange (not as bad as a commute to LJ and have el camino as an alternate).

[LAAFTERHOURS]

Those empty lots with the lamposts on the streets in Del Sur have been that way since 2004. I know because we moved to 4s in march 2005 and started looking there in 2004.

Del Sur’s plan is to build all the way over to the Highschool, complete with commercial space and shopping. If you go into the current builders there, some have a site plan for the whole place (why this isnt up on the web is beyond me). The golf course was scrapped, as was the hotel to go with it. That was supposed to go in near the bridge at the low point on Camino del sur in the middle of the del sur and the east gate of Santaluz. That would have been a nice addition.

I think it will be a good 8-10 years before del sur is built out.

[LAAFTERHOURS]

Those empty lots with the lamposts on the streets in Del Sur have been that way since 2004. I know because we moved to 4s in march 2005 and started looking there in 2004.

Del Sur’s plan is to build all the way over to the Highschool, complete with commercial space and shopping. If you go into the current builders there, some have a site plan for the whole place (why this isnt up on the web is beyond me). The golf course was scrapped, as was the hotel to go with it. That was supposed to go in near the bridge at the low point on Camino del sur in the middle of the del sur and the east gate of Santaluz. That would have been a nice addition.

I think it will be a good 8-10 years before del sur is built out.

[LAAFTERHOURS]

Those empty lots with the lamposts on the streets in Del Sur have been that way since 2004. I know because we moved to 4s in march 2005 and started looking there in 2004.

Del Sur’s plan is to build all the way over to the Highschool, complete with commercial space and shopping. If you go into the current builders there, some have a site plan for the whole place (why this isnt up on the web is beyond me). The golf course was scrapped, as was the hotel to go with it. That was supposed to go in near the bridge at the low point on Camino del sur in the middle of the del sur and the east gate of Santaluz. That would have been a nice addition.

I think it will be a good 8-10 years before del sur is built out.

[LAAFTERHOURS]

Those empty lots with the lamposts on the streets in Del Sur have been that way since 2004. I know because we moved to 4s in march 2005 and started looking there in 2004.

Del Sur’s plan is to build all the way over to the Highschool, complete with commercial space and shopping. If you go into the current builders there, some have a site plan for the whole place (why this isnt up on the web is beyond me). The golf course was scrapped, as was the hotel to go with it. That was supposed to go in near the bridge at the low point on Camino del sur in the middle of the del sur and the east gate of Santaluz. That would have been a nice addition.

I think it will be a good 8-10 years before del sur is built out.

[LAAFTERHOURS]

Those empty lots with the lamposts on the streets in Del Sur have been that way since 2004. I know because we moved to 4s in march 2005 and started looking there in 2004.

Del Sur’s plan is to build all the way over to the Highschool, complete with commercial space and shopping. If you go into the current builders there, some have a site plan for the whole place (why this isnt up on the web is beyond me). The golf course was scrapped, as was the hotel to go with it. That was supposed to go in near the bridge at the low point on Camino del sur in the middle of the del sur and the east gate of Santaluz. That would have been a nice addition.

I think it will be a good 8-10 years before del sur is built out.

[LAAFTERHOURS]

[quote=propertysearchaddiction]
I think this is why condos should continue to decline in SEH more than in other communities because $500 a month in fees that aren’t tax deductible should be reflected somewhere which in my opinion is the price.
[/quote]

How much do you want to bet on the % of people that deduct MR taxes? I could name 10+ who live near me in another MR area that deduct theirs. Is it legal? No but I havent heard of it being enforced.. ever..

Edit – Im a renter btw.

[LAAFTERHOURS]

[quote=propertysearchaddiction]
I think this is why condos should continue to decline in SEH more than in other communities because $500 a month in fees that aren’t tax deductible should be reflected somewhere which in my opinion is the price.
[/quote]

How much do you want to bet on the % of people that deduct MR taxes? I could name 10+ who live near me in another MR area that deduct theirs. Is it legal? No but I havent heard of it being enforced.. ever..

Edit – Im a renter btw.

[LAAFTERHOURS]

[quote=propertysearchaddiction]
I think this is why condos should continue to decline in SEH more than in other communities because $500 a month in fees that aren’t tax deductible should be reflected somewhere which in my opinion is the price.
[/quote]

How much do you want to bet on the % of people that deduct MR taxes? I could name 10+ who live near me in another MR area that deduct theirs. Is it legal? No but I havent heard of it being enforced.. ever..

Edit – Im a renter btw.

[LAAFTERHOURS]

[quote=propertysearchaddiction]
I think this is why condos should continue to decline in SEH more than in other communities because $500 a month in fees that aren’t tax deductible should be reflected somewhere which in my opinion is the price.
[/quote]

How much do you want to bet on the % of people that deduct MR taxes? I could name 10+ who live near me in another MR area that deduct theirs. Is it legal? No but I havent heard of it being enforced.. ever..

Edit – Im a renter btw.

[LAAFTERHOURS]

[quote=propertysearchaddiction]
I think this is why condos should continue to decline in SEH more than in other communities because $500 a month in fees that aren’t tax deductible should be reflected somewhere which in my opinion is the price.
[/quote]

How much do you want to bet on the % of people that deduct MR taxes? I could name 10+ who live near me in another MR area that deduct theirs. Is it legal? No but I havent heard of it being enforced.. ever..

Edit – Im a renter btw.

[Author]

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