[oceanbreeze]

In the past 12 months, the main reason why 4S dropped much more than other communities in PUSD is just because of the overbuilt. As soon as we see relatively stable in new home market, the downward trend should be slowed down. Another thought is if the Carmel Vally doesn’t go down much, then the 4S will have support because more and more people will choose 4S instead of CV considering the huge price gap (50%) for the 3000+ sqf home now.

[oceanbreeze]

In the past 12 months, the main reason why 4S dropped much more than other communities in PUSD is just because of the overbuilt. As soon as we see relatively stable in new home market, the downward trend should be slowed down. Another thought is if the Carmel Vally doesn’t go down much, then the 4S will have support because more and more people will choose 4S instead of CV considering the huge price gap (50%) for the 3000+ sqf home now.

[oceanbreeze]

In the past 12 months, the main reason why 4S dropped much more than other communities in PUSD is just because of the overbuilt. As soon as we see relatively stable in new home market, the downward trend should be slowed down. Another thought is if the Carmel Vally doesn’t go down much, then the 4S will have support because more and more people will choose 4S instead of CV considering the huge price gap (50%) for the 3000+ sqf home now.

[oceanbreeze]

[quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

[/quote]
Check around the SFH developments in 4S, Chanteclair just sold out he Phase 3A release, Pienza only has 4 homes left, Silouette only has 1 left in Phase 5 release. The Maybeck may have more before it doesn’t have backyard. So I would say the support for $220/sft in 4S is strong till the end of the 2008 because it looks there won’t have to many new home inventories to drag the price.

[oceanbreeze]

[quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

[/quote]
Check around the SFH developments in 4S, Chanteclair just sold out he Phase 3A release, Pienza only has 4 homes left, Silouette only has 1 left in Phase 5 release. The Maybeck may have more before it doesn’t have backyard. So I would say the support for $220/sft in 4S is strong till the end of the 2008 because it looks there won’t have to many new home inventories to drag the price.

[oceanbreeze]

[quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

[/quote]
Check around the SFH developments in 4S, Chanteclair just sold out he Phase 3A release, Pienza only has 4 homes left, Silouette only has 1 left in Phase 5 release. The Maybeck may have more before it doesn’t have backyard. So I would say the support for $220/sft in 4S is strong till the end of the 2008 because it looks there won’t have to many new home inventories to drag the price.

[oceanbreeze]

[quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

[/quote]
Check around the SFH developments in 4S, Chanteclair just sold out he Phase 3A release, Pienza only has 4 homes left, Silouette only has 1 left in Phase 5 release. The Maybeck may have more before it doesn’t have backyard. So I would say the support for $220/sft in 4S is strong till the end of the 2008 because it looks there won’t have to many new home inventories to drag the price.

[oceanbreeze]

[quote=Bugs]That’s only 10% more off this list price. Sub $200/SF pricing is in the bag. I’m thinking it’ll settle out closer to $150/SF than $200/SF.

[/quote]
Check around the SFH developments in 4S, Chanteclair just sold out he Phase 3A release, Pienza only has 4 homes left, Silouette only has 1 left in Phase 5 release. The Maybeck may have more before it doesn’t have backyard. So I would say the support for $220/sft in 4S is strong till the end of the 2008 because it looks there won’t have to many new home inventories to drag the price.

[oceanbreeze]

[quote=goldfish]Several over 3000 sqrt REO houses went pending recently. The list prices were under 700K. Any information on the final prices?
[/quote]

Depends on the condition. I knew one is ended with ~$660K, the other is ended with ~$710K.

[oceanbreeze]

[quote=goldfish]Several over 3000 sqrt REO houses went pending recently. The list prices were under 700K. Any information on the final prices?
[/quote]

Depends on the condition. I knew one is ended with ~$660K, the other is ended with ~$710K.

[oceanbreeze]

[quote=goldfish]Several over 3000 sqrt REO houses went pending recently. The list prices were under 700K. Any information on the final prices?
[/quote]

Depends on the condition. I knew one is ended with ~$660K, the other is ended with ~$710K.

[oceanbreeze]

[quote=goldfish]Several over 3000 sqrt REO houses went pending recently. The list prices were under 700K. Any information on the final prices?
[/quote]

Depends on the condition. I knew one is ended with ~$660K, the other is ended with ~$710K.

[oceanbreeze]

[quote=goldfish]Several over 3000 sqrt REO houses went pending recently. The list prices were under 700K. Any information on the final prices?
[/quote]

Depends on the condition. I knew one is ended with ~$660K, the other is ended with ~$710K.

[oceanbreeze]

Among the 4 SFH developments in 4S.
The piennza only has 1 phase release to go, so it must close out by mid-2009;
The Maybeck has 2 more phases to go, so it must close out by end of 2009.
The Silhouette and Chanteclair still have a lot of homes to go, don’t worry about them until 2010.

[oceanbreeze]

Among the 4 SFH developments in 4S.
The piennza only has 1 phase release to go, so it must close out by mid-2009;
The Maybeck has 2 more phases to go, so it must close out by end of 2009.
The Silhouette and Chanteclair still have a lot of homes to go, don’t worry about them until 2010.

[Author]

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