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LostCat
ParticipantDEL SUR, was right in the path.. If they wanted it to burn down, now all the have is a glut of houses that are in a fire zone that will be even more difficult to sell.
What a Sad Day for San Diego.
ParticipantHow bad can this get. What is the weather forcast? I almost bought in Del Sur. Thank god I didn’t. Wow! Fire, Mountain Lion attacks, traffic, long commutes, high HOA, High Melaroos, empty lots, but it’s safe right? Away from all that city stuff.
ParticipantHow bad can this get. What is the weather forcast? I almost bought in Del Sur. Thank god I didn’t. Wow! Fire, Mountain Lion attacks, traffic, long commutes, high HOA, High Melaroos, empty lots, but it’s safe right? Away from all that city stuff.
ParticipantThis property had a second open house on Sunday. Not a soul stopped by. Still priced at $645k
Does anyone know how flippers work deals out with realtors? What typically is the commision % to a realtor on a flip?
ParticipantThis property had a second open house on Sunday. Not a soul stopped by. Still priced at $645k
Does anyone know how flippers work deals out with realtors? What typically is the commision % to a realtor on a flip?
October 3, 2007 at 12:08 PM in reply to: Housing prices in free fall along Mount Soledad Road in La Jolla #86839ParticipantTrader, do you hate the world or just the housing market?
ParticipantLostCat
I think that place would be a nightmare for a college student as a rental, unless they are the studious type (difficult to find at SDSU). The neighbors are super anal and older. The cops would be stopping by every 10-min if it came to that. Besides, the rent is too high in that area for college students.
My guess is property sells for $565,000 in two months. Only because there are insane people out there willing to buy, that have kids and want a good school.
Participantso only one person is willing to make a guess. How long and how much..
ParticipantYeah, that’s what I don’t get. Who would try and flip a house in this market. When I spoke the realtor, she said that it needs to be sold and sold fast. So I bet they have this house bought with a neg am lone.
My bet is, all things considered, including insanity, someone will buy it for around $599k. This person will likely have two kids and a dog, a struggling marriage and can’t afford to buy in 4S Ranch because of the over priced market there.
ParticipantSeems like there are too many variables to make a clearn decision. Too many economic problems to find a solution. We’re obviously headed toward some type of economic crisis. How it hits each individual will depend on where your money is, right? Some seem like they will get a nice slap in the face, while others will lead this country back to global prominence.
Over all, how do you all think the presidential elections are going to change our economic outlook. Say if Obama or Hilary win? Its obvious that guy in the white house has something influence on the economy. What if we were poring the billions that we are poring into Iraq and Afghanistan into domestic infrastructure projects needs, such as: new boarders, mass transit, etc..
By the way, this star wars system that Bush is working on. Do any of you understand why we would build that when all countries like China and Russia have to do is develop a nuke the size of a peanut, sneak it in to each city and just keep it there. no body would be shooting anything anywhere. A star wars system is out dated and we all know that 9/11 opened up the gates to new ways of attacking us.
ParticipantGood times ahead. Well, at least for me or the majority of us on this site. Cash in hand and house prices coming down with a ton of home improvments made to them, thanks HGTV.
ParticipantFat_Lazy_Union,
There is Section 8 up in Del Sur. It’s on the far eastern end of the development. It’s a fairly large apartment complex that sits between 4S and Del Sur. You can check out the future development for the area here. They haev a long way to go. http://www.blackmountainranch.com/
The property tax is 1.9%, plus HOA $175, on a $600k house, you’re look at an additional $1,000 a month in property tax. No community is worth that. Plus, the one lane road they built heading south to 56 is already a nightmare in the AM commute. town’..
ParticipantLostCat
Sounds like the perfect storm, the fall or Rome is coming. Hm, what can we do at this point to save our own economy. I am as american as it gets and not ready to sneak into Mexico through a tunnel.
ParticipantThe most effective way to use transit in So Cal is to combined the auto trip with the transit trip. What needs to happen is for there to be priority set aside for transit, for the long trips. Poway, to Sorrento Valley, UTC or Kearny Mesa. From your house to the Poway station, you would have to drive. On the way, you could drop your kids off and drop your business atire off at the laundry. At the station there would be around a 1,000 parking spaces so you wouldnt have to worry about getting a parking space. A starbucks would be waiting for you to. The bus or Bus rapid Transit would depart the median of the freeway using shared HOV lanes every 7-min. It would drop you off within 1/4-mile of your final destination or you would transfer to a timed shuttle bus the finalized the trip. Employeers could joint together to finance the shuttle service for their employees. This service should get you to work quicker than driving if your drive is down the 15 in the AM, up the 805 from CV in the AM or down the 5 in the AM. It would work, the it would cost a lot of tax payers money to get it there. Building more lanes on a freeway would never work. We’ve been doing it for years and still no success. Just more lanes and more cost. A mile of new lane on a freeway cost around 540-million. This include right of way, labor and materials. 6-miles of rail costs around 540-million.
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