[recordsclerk]

Nobody ever uses that park. I think the worse thing about that lot is the slope, it’s huge. You would need to spend a lot on water and maintenance.

Here is another unrealistic listing. I don’t see the lender approving this sale:

http://www.sdlookup.com/MLS-110034644-13105_Bella_Rosa_Rd_San_Diego_CA_92131

That is a lot of new listings for the past couple of months. If this continues, you will see pressure on pricing. Up until now the demand has been far greater than supply. IMHO I don’t see the stream of listings continuing. It will probably taper off and trickle out like usual.

[recordsclerk]

Nobody ever uses that park. I think the worse thing about that lot is the slope, it’s huge. You would need to spend a lot on water and maintenance.

Here is another unrealistic listing. I don’t see the lender approving this sale:

http://www.sdlookup.com/MLS-110034644-13105_Bella_Rosa_Rd_San_Diego_CA_92131

That is a lot of new listings for the past couple of months. If this continues, you will see pressure on pricing. Up until now the demand has been far greater than supply. IMHO I don’t see the stream of listings continuing. It will probably taper off and trickle out like usual.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Add this to the 700K club by ColRich:

http://www.sdlookup.com/MLS-110012787-15054_Almond_Orchard_Lot_211_Ln_San_Diego_CA_92131

Large usable lot, but large steep slope.

Obviously we are not counting Astoria and Mills Creek. They are always in the 700s.

So far the demand for these homes has kept the prices stable since 2009. I thought we would see more distress at this point.

[recordsclerk]

Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the forclosure that listed for 814K (pending).

[recordsclerk]

Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the forclosure that listed for 814K (pending).

[recordsclerk]

Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the forclosure that listed for 814K (pending).

[recordsclerk]

Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the forclosure that listed for 814K (pending).

[recordsclerk]

Another listing:

http://www.sdlookup.com/MLS-110034294-13382_Greenstone_Ct_San_Diego_CA_92131

This one is 2 doors down from the forclosure that listed for 814K (pending).

[recordsclerk]

There is a remote chance that Serenity can drop to the high 700s. It will take more re-sale inventory like in the last 45 days. I just hope the listings keep coming. It also depends on what Toll Brother’s sells their homes for. They are having a VIP event on July 9 and will show the models for the first time. VIPs will have first pick at the lots released during this phase. I would assume the prices will be out that weekend also. I don’t see them undercutting Serenity in price, but the quality might be better for the same price.

[recordsclerk]

There is a remote chance that Serenity can drop to the high 700s. It will take more re-sale inventory like in the last 45 days. I just hope the listings keep coming. It also depends on what Toll Brother’s sells their homes for. They are having a VIP event on July 9 and will show the models for the first time. VIPs will have first pick at the lots released during this phase. I would assume the prices will be out that weekend also. I don’t see them undercutting Serenity in price, but the quality might be better for the same price.

[recordsclerk]

There is a remote chance that Serenity can drop to the high 700s. It will take more re-sale inventory like in the last 45 days. I just hope the listings keep coming. It also depends on what Toll Brother’s sells their homes for. They are having a VIP event on July 9 and will show the models for the first time. VIPs will have first pick at the lots released during this phase. I would assume the prices will be out that weekend also. I don’t see them undercutting Serenity in price, but the quality might be better for the same price.

[Author]

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