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ocrenter
Participant[quote=AN][quote=ocrenter]There is a separate identity with serrento valley and I doubt MM will be successful in “reclaiming” it so to speak.[/quote]
I think the separate identity is only important and applicable to some resident. I know a couple of people who live off Sorrento Valley Blvd. and they told me they live in Mira Mesa. I was surprised at the time, but now I understand. The miss identification started when they open a new police station over in that area. The City then put Sorrento Valley name on the official map. But now, MM have gotten agreement from both the Police dept. and the City to change all the naming back to Mira Mesa. Also, there’s a very small amount of resident on the 92121 side of Mira Mesa, so I don’t see too big of an objection.Mira Mesa have banners on Mira Mesa Blvd. from the 805 to the 15 on the light post and there’s a big sign saying Welcome to Mira Mesa on MM Blvd. on both the 805 and 15 side. So, I don’t think there’s any identity of Sorrento Valley that’s visible.[/quote]
Although when these people put their houses up for sale, will they say Sorrento Valley or MM?
Participant[quote=flu][quote=ocrenter]I see, residents of “Sorrento Hills” were too snooty for the Sorrento Valley pet cementary![/quote]
Yup… Hey, it worked, didn’t it.[/quote]
Well yes and no. Sounds like the school district boundary was already set, and the kiddos were going to del mar union regardless.
ParticipantThanks for sharing. Too bad my wife would not touch a train with a 10 foot pole… 🙁
ParticipantI see, residents of “Sorrento Hills” were too snooty for the Sorrento Valley pet cementary!
ParticipantTo my untrained eyes, I do not see any significant change to the inventory at all. The spring bounce is flat so far.
Participant[quote=svelte]Doesn’t that depend on the nature of the litigation?[/quote]
Yeah, for example, pending litigation because the HOA permitted an untrained resident to patrol the complex armed and he ended up killing a teenager walking with skittles and ice tea. Vs pending litigation against a delinquent owner who failed to pay HOA dues…. Very different indeed…
Participanthttp://www.sandiego.gov/planning/community/profiles/index.shtml
AN is right serrento valley is not a “community” as it does not appear on the city map, and it is part of Mira Mesa.
Although if you look at the various communities, it seem like independent communities are often morphed together when it comes to general usage. For example, Carmel Valley encompasses Del mar Mesa, Torrey hills, Pacific Highland Ranch. RB is the same way, it has taken to mean Carmel Mountain Ranch and Sabre Springs. While Scripps Ranch has fully absorbed Miramar North and give a few years it’ll do that to Rancho encantada as well.
The names are fluid. And if things make sense, then separate communities kinda disappear under a single larger entity even though the city still brand them as separate. On the other hand, the reverse can happen too. There is a separate identity with serrento valley and I doubt MM will be successful in “reclaiming” it so to speak.
April 14, 2012 at 7:38 AM in reply to: Where is the inventory, where is the inventory, where is the inventory… #741649Participant[quote=sdduuuude]Some thoughts to explain why I don’t know:
Been hearing about the Tsunami so long, one has to wonder if it is ever coming. Is it a myth or the boy who cried wolf ?
A hold on foreclosure activity due to robosigning/legal activity/attempts to “keep homeowners in their home” last year would explain why now instead of last year.
Been hearing Tsunami warnings on MSM (and TG’s friends) lately, for sure. That suggests it is not going to happen.
Many say short sales will take over the market rather than foreclosures.
I think banks are struggling to recover from the credit crisis. Their position using mark-to-market can’t be good. They’ll have to dribble this stuff out over time unless one bank panics.
If there is a tsunami coming, the lender who panics first wins.
A guy I know and trust said he has insider friends at a biiiiiig bank. They have issued a tsunami warning. That’s from inside a bank. Interesting.
Right before a tsunami hits, the tide retreats rapidly. Currently, inventory is retreating rapidly. Not sure I put much faith in this comparison, but it is interesting.[/quote]
The whole dribble theory implies that the banks are actually smart enough to coordinate a planned system of gradual release of homes to control flow of foreclosures to stabilize prices.
That is putting a whole lot of faith into the banks that they are smart and capable enough to do that.
Another thing is, if they can be that effective controlling supply, then why lose control in LV, AZ, and FL?
Plus CA is a non judicial state when it comes to foreclosure, so I doubt there’s a huge logjam of homes waiting to be foreclosed. When it comes to major population centers in CA, I think underwater owners have come to realize that there are enough government help with low interest rate and inflation that by holding on, they will eventually be “even.”
April 14, 2012 at 7:25 AM in reply to: Where is the inventory, where is the inventory, where is the inventory… #741648Participant[quote=flu]Well, in CV
How about a 2800sqft home priced at $438/sqft?
http://www.sdlookup.com/MLS-120019189-5113_Chelterham_Terrace_San_Diego_CA_92130
It does have a big lot though…
Barring the person didn’t ATM the hell out of his/her home, the irony to this is this guy/gal can just sit and wait.. Checkout on the sales history back to 1996….[/quote]
This one is very nicely upgraded. And canyon lot as well. Someone prob will go for it at that price. Although you do have to wonder how often the pool will be used, it is CV after all. Only 210 actives in 92130 per sdlookup, ouch.
Participant[quote=briansd1][quote=Jacarandoso]Where did you find a predominantly rational discussion of this case, Brian?[/quote]
I had a discussion about this with my brother and he was conflationg all kinds of issues.
Nothwistanding the sensational news coverage, the bottom line is that the police gave Zimmerman a break. I believe because clearly they didn’t care that a Black kid was killed. It was a racist decision by the police chief to let Zimmerman go.
Zimmerman was not tested for alcohol or drugs. The police did not interview him under camera or photograph him, that I know of. After the killing, Zimmerman went into hiding for weeks, likely so that traces of drugs would disappear and so that there would be no physical evidence of the injuries he claims to have suffered.
At this point, Zimmerman can claim anything without having the burden proof. Are we just to believe him?
If you’re badly injured in a fight, don’t you want to get some medical help and x-rays?
Because of the way the police mishandled the case, Zimmerman will not get the full punishment he deserves.
To tie this story to real estate, the Homeowners Association was clearly negligent in allowing a vigilante to act as its security agent.
http://realtytimes.com/rtpages/20120404_trayvonmartin.htmOn the issue of popular outrage, I think that rioting is in order when great injustices are perpetrated. The people need a way to express their anger.
I would understand if rioters were to burn down the police headquarters and City Hall in Sanford. Remember, as Americans, we support uprisings in Lybia, Syria, China, Russia, etc… Why not right here, at home?[/quote]
Your views have always been very extreme, this is another fine example.
You would think after this last few years of the political firestorm ignited by the extremists from the political right, you would recognize persistent extremism is not the way to go.
April 13, 2012 at 6:47 AM in reply to: Where is the inventory, where is the inventory, where is the inventory… #741597Participant[quote=temeculaguy]I’m afraid it’s not coming and here’s my reasoning. I golf with a group of guys who for the most part do not follow anything economic other than sound bytes from the MSM. I don’t divulge my hidden passion for geekonomics or my role on this site going back to the bubble. This golf crowd is my barometer for what the barely informed crowd thinks. In 2007 this crowd might have told me that buying with a neg am loan was a good idea, yet they wouldn’t use the phrase “neg-am” because they don’t care about it that much, it would have been a lender phrase like “pick a payment.” Same crowd might have suggested buying gold at 2k an ounce. We all have friends like this, they are my friends, not my economic advisers. They do however know their sports and their beer and have an appreciation for the female form, so they are still great company.
Well, last week, while golfing, one of them says a big wave of foreclosures is coming and the others agree. I remained silent. Reading this thread, it occurs to me that the wave isn’t coming, in fact the opposite will probably happen and I need no further evidence other than once anything economic gets to, let’s say the news segment on an fm radio morning drive show, then it’s already past it’s value. When the masses think something, it’s too late or it’s wrong. It’s not their fault. I read for three hours tonight, but I would not be able to tell you who is still in the hunt on american idol or survivor, I may see letterman or a news clip showing the winner or the finalists for 1 minute, but that’s the extent of my knowledge, whatever I noticed on accident. Same goes for inventory and my golf buddies.[/quote]
The tsunami already came and past, except it didn’t happen everywhere. It came in Vegas, Pheonix, and Florida.
My high school buddy bought an investment home in Queen Creek for 270k because MSM and realtor friend told him about all these baby boom snow birds. The house dropped down to the 50k range and stayed there with the tsunami that hit Pheonix. Ask any one in AZ, LV, and FL about the tsunami, and they will give you some horrific first hand accounts.
Just like real tsunamis, all the pieces have to be there for the tsunami to reach its max impact and cause the devastation. did SD have all of those elements? Absolutely not. But we get the same MSM. So while MSM chase the aweful stories coming out of tsunami central, the rest of us keep thinking we’re up next. Nope, while Phoenix got completely submerged and now homes are essentially the same price as cars, Temecula got some 6 foot waves and knocked the price down to 50%. Meanwhile, SD proper got some swells that managed to bring down prices about 1/3.
Like TG said, the story already happened, now the question is how this thing ends.
Participant[quote=poorgradstudent][quote=briansd1]Back to Zimmerman.
The more I read about this case, and ignoring all the sensational national news, the more I think it stinks.
I believe that after Zimmerman killed Martin, he phoned call to his dad, a retired judge (that’s what I would do in that situation). The dad, the judge who understand the criminal system, then started to work overtime to protect his son.
We shall see if the phone records become public.
And we shall see from the phone records if Trayvon Martin was indeed talking to his girlfriend when he was killed.
http://www.cnn.com/2012/04/12/justice/florida-teen-shooting/index.html?hpt=hp_c1%5B/quote%5D
Bottom line, I’m glad there will be a trial. Whatever the verdict, this is clearly a situation where it was appropriate for charges to be filed and the legal process to occur.Ultimately, I think it’s going to come down to a question of if the Jury accepts that Stand Your Ground can be applied to a case where the person claiming self defense followed the person killed.[/quote]
He stood his ground, it’s just that his ground kept moving…
Participant[quote=Wah-Wah][quote]
Cardiff By the Sea
Zip code:
92007Difference of monthly mortgage from monthly rent:
-30.4%
[/quote]any comment???[/quote]
sample size error.
Participantsounds like a scam even with the dates.
your friend’s money policy should be the same as the girl’s sex policy: I only purchase properties with a girl after marriage.
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