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ocrenter
ParticipantSDR, what would you say would be a decent $/sqft for one of the homes there?
ocrenter
Participantthis e-mail is so full of irony…
–Jim (the husband of the e-mail writer) is a REALTOR, he got his license in 2004.
–JRB the REALTOR bought their 4600 sqft home at the peak in 2005 for 1.08 million.
–6 doors down a same sized home just closed in December for 840k.JRB and wife should be very happy that the city of Carlsbad helped prop their home value up with this purchase.
and seriously, what kind of a real estate professional pays over a million to live in the shadow of one of the busiest single runway airport in the nation.
ocrenter
Participantthis e-mail is so full of irony…
–Jim (the husband of the e-mail writer) is a REALTOR, he got his license in 2004.
–JRB the REALTOR bought their 4600 sqft home at the peak in 2005 for 1.08 million.
–6 doors down a same sized home just closed in December for 840k.JRB and wife should be very happy that the city of Carlsbad helped prop their home value up with this purchase.
and seriously, what kind of a real estate professional pays over a million to live in the shadow of one of the busiest single runway airport in the nation.
ocrenter
Participantthis e-mail is so full of irony…
–Jim (the husband of the e-mail writer) is a REALTOR, he got his license in 2004.
–JRB the REALTOR bought their 4600 sqft home at the peak in 2005 for 1.08 million.
–6 doors down a same sized home just closed in December for 840k.JRB and wife should be very happy that the city of Carlsbad helped prop their home value up with this purchase.
and seriously, what kind of a real estate professional pays over a million to live in the shadow of one of the busiest single runway airport in the nation.
ocrenter
Participantthis e-mail is so full of irony…
–Jim (the husband of the e-mail writer) is a REALTOR, he got his license in 2004.
–JRB the REALTOR bought their 4600 sqft home at the peak in 2005 for 1.08 million.
–6 doors down a same sized home just closed in December for 840k.JRB and wife should be very happy that the city of Carlsbad helped prop their home value up with this purchase.
and seriously, what kind of a real estate professional pays over a million to live in the shadow of one of the busiest single runway airport in the nation.
ocrenter
Participantthis e-mail is so full of irony…
–Jim (the husband of the e-mail writer) is a REALTOR, he got his license in 2004.
–JRB the REALTOR bought their 4600 sqft home at the peak in 2005 for 1.08 million.
–6 doors down a same sized home just closed in December for 840k.JRB and wife should be very happy that the city of Carlsbad helped prop their home value up with this purchase.
and seriously, what kind of a real estate professional pays over a million to live in the shadow of one of the busiest single runway airport in the nation.
ocrenter
Participant$2 million in savings at 3.6% is still $72k per year, or $216k during the last 3 years, of which $101k went for rent, so you are positive $115k over the last 3 years.
you know The Country will be one of the last to fall in value. Due to #1, LA is at least 1-2 years behind SD. and #2, the Asian factor, which does delay the crash some more.
it is safe to assume most of SD have already experienced 30% drop from peak (except isolated coastal pockets). The fact that your target area has already seen 15% drop is quite encouraging for you. you are likely to see another 15% drop in value in your neck of the woods come 2009.
but unfortunately, if you want to fully realize your profits from the “sell and rent” strategy, you can’t buy until 2011. That’s 4 years from the 2007 peak you mentioned previously.
This is the perfect example of how good neighborhoods hold up value and keep peaking and crash late.
ocrenter
Participant$2 million in savings at 3.6% is still $72k per year, or $216k during the last 3 years, of which $101k went for rent, so you are positive $115k over the last 3 years.
you know The Country will be one of the last to fall in value. Due to #1, LA is at least 1-2 years behind SD. and #2, the Asian factor, which does delay the crash some more.
it is safe to assume most of SD have already experienced 30% drop from peak (except isolated coastal pockets). The fact that your target area has already seen 15% drop is quite encouraging for you. you are likely to see another 15% drop in value in your neck of the woods come 2009.
but unfortunately, if you want to fully realize your profits from the “sell and rent” strategy, you can’t buy until 2011. That’s 4 years from the 2007 peak you mentioned previously.
This is the perfect example of how good neighborhoods hold up value and keep peaking and crash late.
ocrenter
Participant$2 million in savings at 3.6% is still $72k per year, or $216k during the last 3 years, of which $101k went for rent, so you are positive $115k over the last 3 years.
you know The Country will be one of the last to fall in value. Due to #1, LA is at least 1-2 years behind SD. and #2, the Asian factor, which does delay the crash some more.
it is safe to assume most of SD have already experienced 30% drop from peak (except isolated coastal pockets). The fact that your target area has already seen 15% drop is quite encouraging for you. you are likely to see another 15% drop in value in your neck of the woods come 2009.
but unfortunately, if you want to fully realize your profits from the “sell and rent” strategy, you can’t buy until 2011. That’s 4 years from the 2007 peak you mentioned previously.
This is the perfect example of how good neighborhoods hold up value and keep peaking and crash late.
ocrenter
Participant$2 million in savings at 3.6% is still $72k per year, or $216k during the last 3 years, of which $101k went for rent, so you are positive $115k over the last 3 years.
you know The Country will be one of the last to fall in value. Due to #1, LA is at least 1-2 years behind SD. and #2, the Asian factor, which does delay the crash some more.
it is safe to assume most of SD have already experienced 30% drop from peak (except isolated coastal pockets). The fact that your target area has already seen 15% drop is quite encouraging for you. you are likely to see another 15% drop in value in your neck of the woods come 2009.
but unfortunately, if you want to fully realize your profits from the “sell and rent” strategy, you can’t buy until 2011. That’s 4 years from the 2007 peak you mentioned previously.
This is the perfect example of how good neighborhoods hold up value and keep peaking and crash late.
ocrenter
Participant$2 million in savings at 3.6% is still $72k per year, or $216k during the last 3 years, of which $101k went for rent, so you are positive $115k over the last 3 years.
you know The Country will be one of the last to fall in value. Due to #1, LA is at least 1-2 years behind SD. and #2, the Asian factor, which does delay the crash some more.
it is safe to assume most of SD have already experienced 30% drop from peak (except isolated coastal pockets). The fact that your target area has already seen 15% drop is quite encouraging for you. you are likely to see another 15% drop in value in your neck of the woods come 2009.
but unfortunately, if you want to fully realize your profits from the “sell and rent” strategy, you can’t buy until 2011. That’s 4 years from the 2007 peak you mentioned previously.
This is the perfect example of how good neighborhoods hold up value and keep peaking and crash late.
ocrenter
Participanti did a lot of santaluz posts, but not on this house specifically.
ocrenter
Participanti did a lot of santaluz posts, but not on this house specifically.
ocrenter
Participanti did a lot of santaluz posts, but not on this house specifically.
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