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nlaParticipant
PS: Yes you did, here’s what you wrote when AN asked you if you truly believe that S&P will drop to 600:
“… I truly believe this, so I put my money where my mouth is…”
Unless I’m reading it wrong.
nlaParticipantS&P 500 closed at 1,406.09 today, 806.09 points more to go before it will reach 600.
nlaParticipantThe LA Times report on DQNews lists the price per square foot:
http://www.dqnews.com/ZIPLAT.shtm
On the latest report, CV has 1.215M median price for SFR and the price per sqft is $399. That would tell us that the median size is about 3,045 sqft.
nlaParticipantSan Diego has a lot of distressed neigborhoods: National City, San Ysidro, Encanto and most of SE San Diego, Old/West Chula Vista, La Presa, etc.
nlaParticipantI happen to know Dawn Lewis. She’s a very succesful agent in Eastlake area. She was the salesagent when we purchased our first home from KB Home in 1999 and she also lived few houses away from us before. Before the housing boom she left KB and became an independent realtor.
-peacenlaParticipantMy sister is a nurse who visit clients at their home and one of her client resides in her daughter’s HUGE house in Bonita. The client daughter is a mortgage broker and she told my sister that she haven’t closed a deal in 3 months.
Some observations on my street:
1. One house has been on the market for about 4 months, original price listing is 975K, current asking price is 875K.
2. Another house (same floorplan) has been on the market for about 3 months. Original price listing is 975K. Changed agent few times, current asking price is 879K.
3. A bigger house (about 3,500 sqft) was just listed at 1.1M to 1.2M few weeks ago and was sold in a week (I saw the SOLD sign). This house has mucho upgrade and has bigger lot, pool, gazebo and a view.
4. There were other houses that went for sale but were taken off the market after several months. Either there were no offers or the seller were not getting the desired price.Also several blocks from me is the Davidson new developmet (Atrium). When they opened, the houses are all 1M and above. Now, they’re selling in the high 900K and above.
BTW, I live in the newer neighborhood of Eastlake.
nlaParticipantDoes anybody know how often they update this site? I checked my street and my next door neighbor who just bought his house last year has overdue taxes between 2 properties amounting to about $11,000. He’s a mortgage loan broker of some sort. I hope he’s doing OK financially. He bought his house for almost a million.
-peace
nlaParticipantI think EB is the internet lingo for meetup. EB stands for Eye Ball.
-peace
nlaParticipantMine went as high as 960,000 few months ago, then it went down to as low as 900,000. Right now it’s on 918,000.
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