[SD Realtor]

Thanks ilvcv.

5289 Foxhound went for 1.147M and 5318 went for 1.184M. 5318 is 100% financed while 5289 has only a single 417k mortage.

I would say these two homeowners provide quite a contrast in terms of financing eh? I will be interesting to see how they pan out.

SD Realtor

[SD Realtor]

Thanks ilvcv.

5289 Foxhound went for 1.147M and 5318 went for 1.184M. 5318 is 100% financed while 5289 has only a single 417k mortage.

I would say these two homeowners provide quite a contrast in terms of financing eh? I will be interesting to see how they pan out.

SD Realtor

[SD Realtor]

Thanks ilvcv.

5289 Foxhound went for 1.147M and 5318 went for 1.184M. 5318 is 100% financed while 5289 has only a single 417k mortage.

I would say these two homeowners provide quite a contrast in terms of financing eh? I will be interesting to see how they pan out.

SD Realtor

[SD Realtor]

Thanks ilvcv.

5289 Foxhound went for 1.147M and 5318 went for 1.184M. 5318 is 100% financed while 5289 has only a single 417k mortage.

I would say these two homeowners provide quite a contrast in terms of financing eh? I will be interesting to see how they pan out.

SD Realtor

[SD Realtor]

Personal opinion here waiting to buy. I think the investors left 4S a long long time ago. Perhaps a few bonehead realtors were left over buying places but that number is few and far between. I doubt you have seen an investor purchase in 4S for a long long time.

Resellers are typically not adept at competing with new inventory on pricing. It doesn’t matter if there is 1 new home for sale or a 100 homes for sale. Most resellers don’t get it until it is to late. The 4S exception is that demand has been strong and continues to be. This spring I expect it to continue.

While the existing REO’s have been sold in 4S to think that there will not be anymore is a fallacy. Distress lists in desireable locations will vary over time and do not monotonically increase or decrease unless a clear trend is established. So you have variations of bursts of distressed properties coming on the market followed by dryer spells. Expect to see increased sales this spring. Expect to see more distress (from homes that didn’t sell, not necessarily reos or shorts) come July/August. My main point is that I do believe 4S will be flat/decrease but it will be over an extended period of time. If your timetable is to seek a smoking deal in the next 12 months then I would be wary. If you have a 24-36 month horizon then the odds seem to be in your favor.

SD Realtor

[SD Realtor]

Personal opinion here waiting to buy. I think the investors left 4S a long long time ago. Perhaps a few bonehead realtors were left over buying places but that number is few and far between. I doubt you have seen an investor purchase in 4S for a long long time.

Resellers are typically not adept at competing with new inventory on pricing. It doesn’t matter if there is 1 new home for sale or a 100 homes for sale. Most resellers don’t get it until it is to late. The 4S exception is that demand has been strong and continues to be. This spring I expect it to continue.

While the existing REO’s have been sold in 4S to think that there will not be anymore is a fallacy. Distress lists in desireable locations will vary over time and do not monotonically increase or decrease unless a clear trend is established. So you have variations of bursts of distressed properties coming on the market followed by dryer spells. Expect to see increased sales this spring. Expect to see more distress (from homes that didn’t sell, not necessarily reos or shorts) come July/August. My main point is that I do believe 4S will be flat/decrease but it will be over an extended period of time. If your timetable is to seek a smoking deal in the next 12 months then I would be wary. If you have a 24-36 month horizon then the odds seem to be in your favor.

SD Realtor

[SD Realtor]

Personal opinion here waiting to buy. I think the investors left 4S a long long time ago. Perhaps a few bonehead realtors were left over buying places but that number is few and far between. I doubt you have seen an investor purchase in 4S for a long long time.

Resellers are typically not adept at competing with new inventory on pricing. It doesn’t matter if there is 1 new home for sale or a 100 homes for sale. Most resellers don’t get it until it is to late. The 4S exception is that demand has been strong and continues to be. This spring I expect it to continue.

While the existing REO’s have been sold in 4S to think that there will not be anymore is a fallacy. Distress lists in desireable locations will vary over time and do not monotonically increase or decrease unless a clear trend is established. So you have variations of bursts of distressed properties coming on the market followed by dryer spells. Expect to see increased sales this spring. Expect to see more distress (from homes that didn’t sell, not necessarily reos or shorts) come July/August. My main point is that I do believe 4S will be flat/decrease but it will be over an extended period of time. If your timetable is to seek a smoking deal in the next 12 months then I would be wary. If you have a 24-36 month horizon then the odds seem to be in your favor.

SD Realtor

[SD Realtor]

Personal opinion here waiting to buy. I think the investors left 4S a long long time ago. Perhaps a few bonehead realtors were left over buying places but that number is few and far between. I doubt you have seen an investor purchase in 4S for a long long time.

Resellers are typically not adept at competing with new inventory on pricing. It doesn’t matter if there is 1 new home for sale or a 100 homes for sale. Most resellers don’t get it until it is to late. The 4S exception is that demand has been strong and continues to be. This spring I expect it to continue.

While the existing REO’s have been sold in 4S to think that there will not be anymore is a fallacy. Distress lists in desireable locations will vary over time and do not monotonically increase or decrease unless a clear trend is established. So you have variations of bursts of distressed properties coming on the market followed by dryer spells. Expect to see increased sales this spring. Expect to see more distress (from homes that didn’t sell, not necessarily reos or shorts) come July/August. My main point is that I do believe 4S will be flat/decrease but it will be over an extended period of time. If your timetable is to seek a smoking deal in the next 12 months then I would be wary. If you have a 24-36 month horizon then the odds seem to be in your favor.

SD Realtor

[SD Realtor]

Personal opinion here waiting to buy. I think the investors left 4S a long long time ago. Perhaps a few bonehead realtors were left over buying places but that number is few and far between. I doubt you have seen an investor purchase in 4S for a long long time.

Resellers are typically not adept at competing with new inventory on pricing. It doesn’t matter if there is 1 new home for sale or a 100 homes for sale. Most resellers don’t get it until it is to late. The 4S exception is that demand has been strong and continues to be. This spring I expect it to continue.

While the existing REO’s have been sold in 4S to think that there will not be anymore is a fallacy. Distress lists in desireable locations will vary over time and do not monotonically increase or decrease unless a clear trend is established. So you have variations of bursts of distressed properties coming on the market followed by dryer spells. Expect to see increased sales this spring. Expect to see more distress (from homes that didn’t sell, not necessarily reos or shorts) come July/August. My main point is that I do believe 4S will be flat/decrease but it will be over an extended period of time. If your timetable is to seek a smoking deal in the next 12 months then I would be wary. If you have a 24-36 month horizon then the odds seem to be in your favor.

SD Realtor

[SD Realtor]

Thanks stocks…here are some details… I am procrastinating doing some engineering work right now so you get the benefit…

17161 Alva 3023 Sold 286.5k 10/07 REO 1243 sf
1 parking space in garage and a carport space
entry level on 2nd floor

17161 Alva 2811 Sold 300k 7/31/07 REO 1243 sf
carport space only; entry level on 1st floor

17161 Alva 3222 Sold 345k 11/10/07 1232 sf
1 parking space in garage and a carport space
entry level on 2nd floor

1761 Alva 2824 Sold 358k 7/10/07 1243 sf
1 parking space in garage and carport space
entry level on 2nd floor

17161 Alva 3211 Sold 374k 3/15/07 1232 sf
1 parking space in garage and 1 space
entry level on 1st floor

SD Realtor

[SD Realtor]

Thanks stocks…here are some details… I am procrastinating doing some engineering work right now so you get the benefit…

17161 Alva 3023 Sold 286.5k 10/07 REO 1243 sf
1 parking space in garage and a carport space
entry level on 2nd floor

17161 Alva 2811 Sold 300k 7/31/07 REO 1243 sf
carport space only; entry level on 1st floor

17161 Alva 3222 Sold 345k 11/10/07 1232 sf
1 parking space in garage and a carport space
entry level on 2nd floor

1761 Alva 2824 Sold 358k 7/10/07 1243 sf
1 parking space in garage and carport space
entry level on 2nd floor

17161 Alva 3211 Sold 374k 3/15/07 1232 sf
1 parking space in garage and 1 space
entry level on 1st floor

SD Realtor

[SD Realtor]

Thanks stocks…here are some details… I am procrastinating doing some engineering work right now so you get the benefit…

17161 Alva 3023 Sold 286.5k 10/07 REO 1243 sf
1 parking space in garage and a carport space
entry level on 2nd floor

17161 Alva 2811 Sold 300k 7/31/07 REO 1243 sf
carport space only; entry level on 1st floor

17161 Alva 3222 Sold 345k 11/10/07 1232 sf
1 parking space in garage and a carport space
entry level on 2nd floor

1761 Alva 2824 Sold 358k 7/10/07 1243 sf
1 parking space in garage and carport space
entry level on 2nd floor

17161 Alva 3211 Sold 374k 3/15/07 1232 sf
1 parking space in garage and 1 space
entry level on 1st floor

SD Realtor

[SD Realtor]

Thanks stocks…here are some details… I am procrastinating doing some engineering work right now so you get the benefit…

17161 Alva 3023 Sold 286.5k 10/07 REO 1243 sf
1 parking space in garage and a carport space
entry level on 2nd floor

17161 Alva 2811 Sold 300k 7/31/07 REO 1243 sf
carport space only; entry level on 1st floor

17161 Alva 3222 Sold 345k 11/10/07 1232 sf
1 parking space in garage and a carport space
entry level on 2nd floor

1761 Alva 2824 Sold 358k 7/10/07 1243 sf
1 parking space in garage and carport space
entry level on 2nd floor

17161 Alva 3211 Sold 374k 3/15/07 1232 sf
1 parking space in garage and 1 space
entry level on 1st floor

SD Realtor

[SD Realtor]

Thanks stocks…here are some details… I am procrastinating doing some engineering work right now so you get the benefit…

17161 Alva 3023 Sold 286.5k 10/07 REO 1243 sf
1 parking space in garage and a carport space
entry level on 2nd floor

17161 Alva 2811 Sold 300k 7/31/07 REO 1243 sf
carport space only; entry level on 1st floor

17161 Alva 3222 Sold 345k 11/10/07 1232 sf
1 parking space in garage and a carport space
entry level on 2nd floor

1761 Alva 2824 Sold 358k 7/10/07 1243 sf
1 parking space in garage and carport space
entry level on 2nd floor

17161 Alva 3211 Sold 374k 3/15/07 1232 sf
1 parking space in garage and 1 space
entry level on 1st floor

SD Realtor

[SD Realtor]

FLU – Ditto… Black Colt and Great Meadow are not resale. It is just the builder listing it on the MLS.

Foxborough is a resale. It was purchased back in 7/06 for 948k. 10707 Heather Ridge is also a Saratoga resale purchased in May of 06 for 1.092M.

Ilovecv I couldn’t find any of the Derby Hill resales on the MLS. One of them as you indicated is a FSBO but I didn’t know if the other one was. If you know the street I can look it up. Also if you know the addresses of either Derby I can look them up and we can see what they bought them for from the builder.

SD Realtor

[Author]

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