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sandiego
ParticipantIf you believe that the “La Jolla of East County” can somehow support a few thousand $600,000+ homes over the next 5 years, good luck.
I think the “Klantee” stigma sill reigns.
sandiego
ParticipantIf you believe that the “La Jolla of East County” can somehow support a few thousand $600,000+ homes over the next 5 years, good luck.
I think the “Klantee” stigma sill reigns.
sandiego
ParticipantIf you believe that the “La Jolla of East County” can somehow support a few thousand $600,000+ homes over the next 5 years, good luck.
I think the “Klantee” stigma sill reigns.
sandiego
ParticipantIf you believe that the “La Jolla of East County” can somehow support a few thousand $600,000+ homes over the next 5 years, good luck.
I think the “Klantee” stigma sill reigns.
February 19, 2008 at 9:05 PM in reply to: Rich Foreigners coming to America – Don’t count on it #155965sandiego
ParticipantThe foreigners are investing in Citigroup and other Wall Street firms.
February 19, 2008 at 9:05 PM in reply to: Rich Foreigners coming to America – Don’t count on it #156248sandiego
ParticipantThe foreigners are investing in Citigroup and other Wall Street firms.
February 19, 2008 at 9:05 PM in reply to: Rich Foreigners coming to America – Don’t count on it #156252sandiego
ParticipantThe foreigners are investing in Citigroup and other Wall Street firms.
February 19, 2008 at 9:05 PM in reply to: Rich Foreigners coming to America – Don’t count on it #156270sandiego
ParticipantThe foreigners are investing in Citigroup and other Wall Street firms.
February 19, 2008 at 9:05 PM in reply to: Rich Foreigners coming to America – Don’t count on it #156343sandiego
ParticipantThe foreigners are investing in Citigroup and other Wall Street firms.
sandiego
ParticipantIf you are only putting down 20% you will need to get a loan. Therefore, your purchase is CONTINGENT on getting financing.
As Raybyrnes stated, come in with a pre-approved letter. Otherwise, you are a looky-lou.
The Public builders have already written down the value of the standing inventory. They don’t have the axe over their head as much as you think.
The smaller, private builders can’t drop prices willy-nilly. They have lenders and partners to answer to. I am not saying that they might not drop prices later in the year but they will need approval from their lenders and partners. At some point, the builder doesn’t have any skin in the game anymore and their equity is gone. They have no incentive to drop the price (unless they have personal guarantees to the lender).
San Diego doesn’t have the huge oversupply of new detached homes that they have in the Inland Empire. You can probably negotiate harder out there.
Downtown condos are obvioulsy overbuilt. I don’t know how they will unwind those.
sandiego
ParticipantIf you are only putting down 20% you will need to get a loan. Therefore, your purchase is CONTINGENT on getting financing.
As Raybyrnes stated, come in with a pre-approved letter. Otherwise, you are a looky-lou.
The Public builders have already written down the value of the standing inventory. They don’t have the axe over their head as much as you think.
The smaller, private builders can’t drop prices willy-nilly. They have lenders and partners to answer to. I am not saying that they might not drop prices later in the year but they will need approval from their lenders and partners. At some point, the builder doesn’t have any skin in the game anymore and their equity is gone. They have no incentive to drop the price (unless they have personal guarantees to the lender).
San Diego doesn’t have the huge oversupply of new detached homes that they have in the Inland Empire. You can probably negotiate harder out there.
Downtown condos are obvioulsy overbuilt. I don’t know how they will unwind those.
sandiego
ParticipantIf you are only putting down 20% you will need to get a loan. Therefore, your purchase is CONTINGENT on getting financing.
As Raybyrnes stated, come in with a pre-approved letter. Otherwise, you are a looky-lou.
The Public builders have already written down the value of the standing inventory. They don’t have the axe over their head as much as you think.
The smaller, private builders can’t drop prices willy-nilly. They have lenders and partners to answer to. I am not saying that they might not drop prices later in the year but they will need approval from their lenders and partners. At some point, the builder doesn’t have any skin in the game anymore and their equity is gone. They have no incentive to drop the price (unless they have personal guarantees to the lender).
San Diego doesn’t have the huge oversupply of new detached homes that they have in the Inland Empire. You can probably negotiate harder out there.
Downtown condos are obvioulsy overbuilt. I don’t know how they will unwind those.
sandiego
ParticipantIf you are only putting down 20% you will need to get a loan. Therefore, your purchase is CONTINGENT on getting financing.
As Raybyrnes stated, come in with a pre-approved letter. Otherwise, you are a looky-lou.
The Public builders have already written down the value of the standing inventory. They don’t have the axe over their head as much as you think.
The smaller, private builders can’t drop prices willy-nilly. They have lenders and partners to answer to. I am not saying that they might not drop prices later in the year but they will need approval from their lenders and partners. At some point, the builder doesn’t have any skin in the game anymore and their equity is gone. They have no incentive to drop the price (unless they have personal guarantees to the lender).
San Diego doesn’t have the huge oversupply of new detached homes that they have in the Inland Empire. You can probably negotiate harder out there.
Downtown condos are obvioulsy overbuilt. I don’t know how they will unwind those.
sandiego
ParticipantIf you are only putting down 20% you will need to get a loan. Therefore, your purchase is CONTINGENT on getting financing.
As Raybyrnes stated, come in with a pre-approved letter. Otherwise, you are a looky-lou.
The Public builders have already written down the value of the standing inventory. They don’t have the axe over their head as much as you think.
The smaller, private builders can’t drop prices willy-nilly. They have lenders and partners to answer to. I am not saying that they might not drop prices later in the year but they will need approval from their lenders and partners. At some point, the builder doesn’t have any skin in the game anymore and their equity is gone. They have no incentive to drop the price (unless they have personal guarantees to the lender).
San Diego doesn’t have the huge oversupply of new detached homes that they have in the Inland Empire. You can probably negotiate harder out there.
Downtown condos are obvioulsy overbuilt. I don’t know how they will unwind those.
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