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permabearParticipant
[quote=HomeShopping]Nice interior upgrades, full golf course view of hole 1. If someone can get this one for around $1.2 million, that would be a pretty good deal.[/quote]
Nah, that’s not a deal. At all. That sold for $1,045,000 in 2003.
THIS is a deal:
http://www.redfin.com/CA/San-Diego/7828-Santaluz-Inlt-92127/home/7447454
Sold for $2.53M in 2007, just resold for $1.45M. So basically, a $1M discount.
permabearParticipant[quote=HomeShopping]Nice interior upgrades, full golf course view of hole 1. If someone can get this one for around $1.2 million, that would be a pretty good deal.[/quote]
Nah, that’s not a deal. At all. That sold for $1,045,000 in 2003.
THIS is a deal:
http://www.redfin.com/CA/San-Diego/7828-Santaluz-Inlt-92127/home/7447454
Sold for $2.53M in 2007, just resold for $1.45M. So basically, a $1M discount.
permabearParticipant[quote=flu]Apparently, Ally didn’t get Well’s email…
….
Following is a table of the affected states.[/quote]
Interestingly, California is NOT on that list…
permabearParticipant[quote=flu]Apparently, Ally didn’t get Well’s email…
….
Following is a table of the affected states.[/quote]
Interestingly, California is NOT on that list…
permabearParticipant[quote=flu]Apparently, Ally didn’t get Well’s email…
….
Following is a table of the affected states.[/quote]
Interestingly, California is NOT on that list…
permabearParticipant[quote=flu]Apparently, Ally didn’t get Well’s email…
….
Following is a table of the affected states.[/quote]
Interestingly, California is NOT on that list…
permabearParticipant[quote=flu]Apparently, Ally didn’t get Well’s email…
….
Following is a table of the affected states.[/quote]
Interestingly, California is NOT on that list…
permabearParticipantCollege rental.
If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).
I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.
(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)
permabearParticipantCollege rental.
If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).
I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.
(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)
permabearParticipantCollege rental.
If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).
I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.
(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)
permabearParticipantCollege rental.
If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).
I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.
(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)
permabearParticipantCollege rental.
If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).
I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.
(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)
permabearParticipant[quote=sdrealtor]I just ran some numbers and in the combined 92024, 92009 and 92011 on average a house sells every single day between 800K and 1.2M. Looking at pendings and contingents shows that number could be 2 or more a day if there was appropriate supply.[/quote]
What do you mean by “appropriate supply”? Do you mean more appropriately priced homes in terms of quality vs price? Or just more homes altogether?
I’m personally looking primarily in SR, RSF, LJ, and Solana, and I keep seeing prices drop for overpriced gut jobs. One just dropped 800k from 1.99 to 1.19 but it was right on the 52 and needed massive remodeling.
permabearParticipant[quote=sdrealtor]I just ran some numbers and in the combined 92024, 92009 and 92011 on average a house sells every single day between 800K and 1.2M. Looking at pendings and contingents shows that number could be 2 or more a day if there was appropriate supply.[/quote]
What do you mean by “appropriate supply”? Do you mean more appropriately priced homes in terms of quality vs price? Or just more homes altogether?
I’m personally looking primarily in SR, RSF, LJ, and Solana, and I keep seeing prices drop for overpriced gut jobs. One just dropped 800k from 1.99 to 1.19 but it was right on the 52 and needed massive remodeling.
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