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pemeliza
Participant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
Participant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
Participantsdr, this one looks like a good deal compared to the OP’s listing:
http://www.sdlookup.com/MLS-110036170-924_Springwood_Ln_Encinitas_CA_92024
Is the proximity to the school in the back doing that much damage to the value here? Seems like a lot of house for the money and it has the good schools.
Participantsdr, this one looks like a good deal compared to the OP’s listing:
http://www.sdlookup.com/MLS-110036170-924_Springwood_Ln_Encinitas_CA_92024
Is the proximity to the school in the back doing that much damage to the value here? Seems like a lot of house for the money and it has the good schools.
Participantsdr, this one looks like a good deal compared to the OP’s listing:
http://www.sdlookup.com/MLS-110036170-924_Springwood_Ln_Encinitas_CA_92024
Is the proximity to the school in the back doing that much damage to the value here? Seems like a lot of house for the money and it has the good schools.
Participantsdr, this one looks like a good deal compared to the OP’s listing:
http://www.sdlookup.com/MLS-110036170-924_Springwood_Ln_Encinitas_CA_92024
Is the proximity to the school in the back doing that much damage to the value here? Seems like a lot of house for the money and it has the good schools.
Participantsdr, this one looks like a good deal compared to the OP’s listing:
http://www.sdlookup.com/MLS-110036170-924_Springwood_Ln_Encinitas_CA_92024
Is the proximity to the school in the back doing that much damage to the value here? Seems like a lot of house for the money and it has the good schools.
ParticipantThey might as well have listed the house for $1.
ParticipantThey might as well have listed the house for $1.
ParticipantThey might as well have listed the house for $1.
ParticipantThey might as well have listed the house for $1.
ParticipantThey might as well have listed the house for $1.
Participant“This was a short sale listed at 1.13M where the listing agent slipped in their own buyer over $200K below the asking price”
How many times do we have to see this before it becomes the norm and not the exception?
Participant“This was a short sale listed at 1.13M where the listing agent slipped in their own buyer over $200K below the asking price”
How many times do we have to see this before it becomes the norm and not the exception?
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