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SanDiegoDaveParticipant
For someone who is into golf, I’d argue it’s still not worth it. Not when you can buy a house with no HOA, and play many times in a month at comparable courses for less than $270.00
For someone who is not into golf, the course and additional HOA is utterly worthless.
SanDiegoDaveParticipantFor someone who is into golf, I’d argue it’s still not worth it. Not when you can buy a house with no HOA, and play many times in a month at comparable courses for less than $270.00
For someone who is not into golf, the course and additional HOA is utterly worthless.
SanDiegoDaveParticipantFor someone who is into golf, I’d argue it’s still not worth it. Not when you can buy a house with no HOA, and play many times in a month at comparable courses for less than $270.00
For someone who is not into golf, the course and additional HOA is utterly worthless.
SanDiegoDaveParticipantcyphire wrote: Another factor… These houses suck. They are stucco and wire crappy houses 6 feet from their neighbors.
That is something we have discovered since we started looking through CV a lot. It’s bad. For houses that are less than 20 years old, they are in horrific condition. Noisy. Plastic pipes. Deteriorating walls. The list goes on.
It’s sad. I love the over location. But assuming one’s house will be standing in another 20 years is a total crap shoot.
SanDiegoDaveParticipantcyphire wrote: Another factor… These houses suck. They are stucco and wire crappy houses 6 feet from their neighbors.
That is something we have discovered since we started looking through CV a lot. It’s bad. For houses that are less than 20 years old, they are in horrific condition. Noisy. Plastic pipes. Deteriorating walls. The list goes on.
It’s sad. I love the over location. But assuming one’s house will be standing in another 20 years is a total crap shoot.
SanDiegoDaveParticipantcyphire wrote: Another factor… These houses suck. They are stucco and wire crappy houses 6 feet from their neighbors.
That is something we have discovered since we started looking through CV a lot. It’s bad. For houses that are less than 20 years old, they are in horrific condition. Noisy. Plastic pipes. Deteriorating walls. The list goes on.
It’s sad. I love the over location. But assuming one’s house will be standing in another 20 years is a total crap shoot.
SanDiegoDaveParticipantI speak only in terms of CV by itself. I follow the area very closely. CV is no 4Closure Ranch. But it’s still overpriced. My opinion (no claim to be a psychic or anything) is that CV is going to see its biggest declines in the next 6-12 months. More sharp percentage drops in price per sq ft.
You’re right that those who are selling are the ones who really need to. But what’s left there right now is going to be stuck that way unless they lower their prices. We all know the value of some parts of CV with respect to its location (proximity to freeways, beach, schools etc.) But any of those houses just sitting there unsold (especially in the “heart” area – the Carmel Creek, Carmel Country, Del Mar Heights Rd) means they are overpriced and/or something is just “wrong” with the house (which means they should lower the price anyway until the “wrong” is worth it to prospective buyers).
With the coming aftermath of ARM resets CV will no longer appear to be as “immune” to the regional decline.
SanDiegoDaveParticipantI speak only in terms of CV by itself. I follow the area very closely. CV is no 4Closure Ranch. But it’s still overpriced. My opinion (no claim to be a psychic or anything) is that CV is going to see its biggest declines in the next 6-12 months. More sharp percentage drops in price per sq ft.
You’re right that those who are selling are the ones who really need to. But what’s left there right now is going to be stuck that way unless they lower their prices. We all know the value of some parts of CV with respect to its location (proximity to freeways, beach, schools etc.) But any of those houses just sitting there unsold (especially in the “heart” area – the Carmel Creek, Carmel Country, Del Mar Heights Rd) means they are overpriced and/or something is just “wrong” with the house (which means they should lower the price anyway until the “wrong” is worth it to prospective buyers).
With the coming aftermath of ARM resets CV will no longer appear to be as “immune” to the regional decline.
SanDiegoDaveParticipantI speak only in terms of CV by itself. I follow the area very closely. CV is no 4Closure Ranch. But it’s still overpriced. My opinion (no claim to be a psychic or anything) is that CV is going to see its biggest declines in the next 6-12 months. More sharp percentage drops in price per sq ft.
You’re right that those who are selling are the ones who really need to. But what’s left there right now is going to be stuck that way unless they lower their prices. We all know the value of some parts of CV with respect to its location (proximity to freeways, beach, schools etc.) But any of those houses just sitting there unsold (especially in the “heart” area – the Carmel Creek, Carmel Country, Del Mar Heights Rd) means they are overpriced and/or something is just “wrong” with the house (which means they should lower the price anyway until the “wrong” is worth it to prospective buyers).
With the coming aftermath of ARM resets CV will no longer appear to be as “immune” to the regional decline.
SanDiegoDaveParticipantI believe that this is when CV start a more pronounced downward price curve. Is there ANYONE who wants to live in Palacio anymore?
This guy has lowered his price four times:
http://www.sdlookup.com/MLS-071039078-12627_Caminito_Destello_San_Diego_CA_92130Still can’t sell it. And he’s the lowest price one for sale out of the nearly dozen or so families who are trying to get out of there.
It’s not a bad place. We walked through when it was held open a number of weeks back. The problem is that there are better deals to be had. Who wants to drive a half-mile over speed bumps at 7 MPH through a neighborhood of kids, just to get to a main street? And to pay $270/month in HOA and Mello-Roos on top of it?
These folks need a dose of reality.
SanDiegoDaveParticipantI believe that this is when CV start a more pronounced downward price curve. Is there ANYONE who wants to live in Palacio anymore?
This guy has lowered his price four times:
http://www.sdlookup.com/MLS-071039078-12627_Caminito_Destello_San_Diego_CA_92130Still can’t sell it. And he’s the lowest price one for sale out of the nearly dozen or so families who are trying to get out of there.
It’s not a bad place. We walked through when it was held open a number of weeks back. The problem is that there are better deals to be had. Who wants to drive a half-mile over speed bumps at 7 MPH through a neighborhood of kids, just to get to a main street? And to pay $270/month in HOA and Mello-Roos on top of it?
These folks need a dose of reality.
SanDiegoDaveParticipantI believe that this is when CV start a more pronounced downward price curve. Is there ANYONE who wants to live in Palacio anymore?
This guy has lowered his price four times:
http://www.sdlookup.com/MLS-071039078-12627_Caminito_Destello_San_Diego_CA_92130Still can’t sell it. And he’s the lowest price one for sale out of the nearly dozen or so families who are trying to get out of there.
It’s not a bad place. We walked through when it was held open a number of weeks back. The problem is that there are better deals to be had. Who wants to drive a half-mile over speed bumps at 7 MPH through a neighborhood of kids, just to get to a main street? And to pay $270/month in HOA and Mello-Roos on top of it?
These folks need a dose of reality.
SanDiegoDaveParticipantI am surprised that nobody has commented on this yet. Has that company been mentioned on these boards before?
They actually did it: took the hype, scam, and uselessness of multi-level-marketing, and combined it with the hype, scam, and uselessness of “flipping” in a housing market that is on its way down.
How this remains legal is beyond me.
SanDiegoDaveParticipantI am surprised that nobody has commented on this yet. Has that company been mentioned on these boards before?
They actually did it: took the hype, scam, and uselessness of multi-level-marketing, and combined it with the hype, scam, and uselessness of “flipping” in a housing market that is on its way down.
How this remains legal is beyond me.
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