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pemeliza
ParticipantI thought I would bump this thread because the house I mentioned in the OP has finally closed!
http://www.sdlookup.com/MLS-100055317-3752_Goldfinch_St_San_Diego_CA_92103
So to recap we have 3 very similar houses on the same busy street and the price trends are clear:
3792 Goldfinch St sold on 2/26/10 for 520k.
3768 Goldfinch St sold on 8/13/10 for 465k (REO).
3752 Goldfinch St sold on 12/29/10 for 445k.Remember that 3752 was listed on 9/15/10 for 465k and ended up selling for almost 15% lower than 3792 and 20k lower than the bank owned home at 3768.
pemeliza
ParticipantI thought I would bump this thread because the house I mentioned in the OP has finally closed!
http://www.sdlookup.com/MLS-100055317-3752_Goldfinch_St_San_Diego_CA_92103
So to recap we have 3 very similar houses on the same busy street and the price trends are clear:
3792 Goldfinch St sold on 2/26/10 for 520k.
3768 Goldfinch St sold on 8/13/10 for 465k (REO).
3752 Goldfinch St sold on 12/29/10 for 445k.Remember that 3752 was listed on 9/15/10 for 465k and ended up selling for almost 15% lower than 3792 and 20k lower than the bank owned home at 3768.
pemeliza
ParticipantHammer, I agree with your post regarding La Playa. I am frankly surprised at how much that area has gotten beat down. Perhaps JP is on to it though regarding the impact of Liberty station on Rosecrans traffic? I am sure that has had some negative impact but hard to think of a more unique and striking part of the city than La Playa.
pemeliza
ParticipantHammer, I agree with your post regarding La Playa. I am frankly surprised at how much that area has gotten beat down. Perhaps JP is on to it though regarding the impact of Liberty station on Rosecrans traffic? I am sure that has had some negative impact but hard to think of a more unique and striking part of the city than La Playa.
pemeliza
ParticipantHammer, I agree with your post regarding La Playa. I am frankly surprised at how much that area has gotten beat down. Perhaps JP is on to it though regarding the impact of Liberty station on Rosecrans traffic? I am sure that has had some negative impact but hard to think of a more unique and striking part of the city than La Playa.
pemeliza
ParticipantHammer, I agree with your post regarding La Playa. I am frankly surprised at how much that area has gotten beat down. Perhaps JP is on to it though regarding the impact of Liberty station on Rosecrans traffic? I am sure that has had some negative impact but hard to think of a more unique and striking part of the city than La Playa.
pemeliza
ParticipantHammer, I agree with your post regarding La Playa. I am frankly surprised at how much that area has gotten beat down. Perhaps JP is on to it though regarding the impact of Liberty station on Rosecrans traffic? I am sure that has had some negative impact but hard to think of a more unique and striking part of the city than La Playa.
pemeliza
Participant“Don’t know the actual condition of the property, but 3655 Curtis seems like a great deal.”
Looks like it is priced at lot value. I’m guessing that this will sell to a cash buyer and become a tear-down.
pemeliza
Participant“Don’t know the actual condition of the property, but 3655 Curtis seems like a great deal.”
Looks like it is priced at lot value. I’m guessing that this will sell to a cash buyer and become a tear-down.
pemeliza
Participant“Don’t know the actual condition of the property, but 3655 Curtis seems like a great deal.”
Looks like it is priced at lot value. I’m guessing that this will sell to a cash buyer and become a tear-down.
pemeliza
Participant“Don’t know the actual condition of the property, but 3655 Curtis seems like a great deal.”
Looks like it is priced at lot value. I’m guessing that this will sell to a cash buyer and become a tear-down.
pemeliza
Participant“Don’t know the actual condition of the property, but 3655 Curtis seems like a great deal.”
Looks like it is priced at lot value. I’m guessing that this will sell to a cash buyer and become a tear-down.
pemeliza
ParticipantSDR, certainly there are more folks wanting the type of house you mention but then again there are a lot more of those types of houses in SD county! All I am suggesting (and I could be wrong of course) is that apparently there is at least enough demand for PL and MH to keep it a supply constrained market and thus keep the prices up there. This really isn’t an issue of my own personal preference, it is a numbers game. Those of us that choose to raise our families in a place like MH may indeed be statistical anomalies. In my case, I lived the suburban dream. I had a big new house in Encinitas with a 180 degree ocean view. Frankly, I didn’t like living there as much as I thought I would. I personally like to be closer to what San Diego has to offer and am willing to deal with the associated issues. Certainly, MH isn’t for everyone and for us it certainly wasn’t our first home (we started with a condo in La Jolla). I can imagine that getting a starter home in MH big enough for a family can indeed be a daunting proposition and that could be another reason the demographic you mention is not interested in MH or PL.
pemeliza
ParticipantSDR, certainly there are more folks wanting the type of house you mention but then again there are a lot more of those types of houses in SD county! All I am suggesting (and I could be wrong of course) is that apparently there is at least enough demand for PL and MH to keep it a supply constrained market and thus keep the prices up there. This really isn’t an issue of my own personal preference, it is a numbers game. Those of us that choose to raise our families in a place like MH may indeed be statistical anomalies. In my case, I lived the suburban dream. I had a big new house in Encinitas with a 180 degree ocean view. Frankly, I didn’t like living there as much as I thought I would. I personally like to be closer to what San Diego has to offer and am willing to deal with the associated issues. Certainly, MH isn’t for everyone and for us it certainly wasn’t our first home (we started with a condo in La Jolla). I can imagine that getting a starter home in MH big enough for a family can indeed be a daunting proposition and that could be another reason the demographic you mention is not interested in MH or PL.
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