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SD Realtor
ParticipantI would suggest that you check out Ivey Glenn. It is not to far from Rancho Del Oro but you may find it a little bit more to your liking. I had listings in both Ivey Glenn and Rancho Del Oro this past summer and while the Rancho Del Oro got better activity, the Ivey Glenn subdivision seemed a bit more desireable to me personally. Also you may want to check out Emerald Estates.. **Disclosure I do have an active listing there** There are a few other homes for sale there as well. The homes are a bit newer there but to be honest if I would compare that to Ivey Glenn I think I like Ivey Glenn better. It is in a better location as it is right next to all of the schools.
Note in ALL of these subdivisions there is pretty strong depreciation. Also to echo other sentiment I would steer clear of Arrowood and other back gate subdivisions.
SD Realtor
October 19, 2007 at 11:49 AM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90165ParticipantDarn right about a beautiful day… it is smoking outside… really nice.
Rustico after your post and then my response I did rethink it and where your point does make sense could be in the way that the purchase is made… that is, one advantage they have in the current situation is that they will qualify for more because thier salary and assets are indeed stronger based on the imbalance right now… When we get into the financing side of the equation I back off… In that sense it does make one think…So no, not really a duh by you at all… The waters do get more complex when you bring the financing into the issue and the strength they have gets them the better rate, which saves them moola in the long run… However if we are talking pure cash then it is a clear cut answer…
SD Realtor
October 19, 2007 at 11:49 AM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90176ParticipantDarn right about a beautiful day… it is smoking outside… really nice.
Rustico after your post and then my response I did rethink it and where your point does make sense could be in the way that the purchase is made… that is, one advantage they have in the current situation is that they will qualify for more because thier salary and assets are indeed stronger based on the imbalance right now… When we get into the financing side of the equation I back off… In that sense it does make one think…So no, not really a duh by you at all… The waters do get more complex when you bring the financing into the issue and the strength they have gets them the better rate, which saves them moola in the long run… However if we are talking pure cash then it is a clear cut answer…
SD Realtor
October 19, 2007 at 10:51 AM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90150ParticipantRus yours is a good point. However you are kind of mixing and matching yeah? Your point being purchase a home while you can take advantage of the exchange rate.
I think that these are independent subjects. Making money against the exchange rate really (IMO) has nothing to do with purchasing a home correct?
Example – What if I had a significant equity investment that was scorching hot right now? Do I sell it and pocket the cash or not? Now what I do with the cash is a seperate question… (should I buy a house or not?)
So Abbey is sitting on a ton of loonies right? When she turns them to dollars is independent of buying a home. Basically she should wait until the loonie peaks against the dollar and then pull the trigger on the exchange.
That event has no bearing on when she should buy a home in my book.
SD Realtor
October 19, 2007 at 10:51 AM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90159ParticipantRus yours is a good point. However you are kind of mixing and matching yeah? Your point being purchase a home while you can take advantage of the exchange rate.
I think that these are independent subjects. Making money against the exchange rate really (IMO) has nothing to do with purchasing a home correct?
Example – What if I had a significant equity investment that was scorching hot right now? Do I sell it and pocket the cash or not? Now what I do with the cash is a seperate question… (should I buy a house or not?)
So Abbey is sitting on a ton of loonies right? When she turns them to dollars is independent of buying a home. Basically she should wait until the loonie peaks against the dollar and then pull the trigger on the exchange.
That event has no bearing on when she should buy a home in my book.
SD Realtor
ParticipantAbbey –
San Diego County is really diverse. My advice would be when you do come down here to rent for a few months or maybe a year. Your locale will depend on where you work, what sort of commute you want to tolerate, and most important the community you enjoy the most. (Of course school and other factors if you have kids) Obviously it doesn’t hurt to look on line and stuff. However I would not make any hard and fast opinions on your future neighborhood until I really experienced them first hand.
SD Realtor
ParticipantAbbey –
San Diego County is really diverse. My advice would be when you do come down here to rent for a few months or maybe a year. Your locale will depend on where you work, what sort of commute you want to tolerate, and most important the community you enjoy the most. (Of course school and other factors if you have kids) Obviously it doesn’t hurt to look on line and stuff. However I would not make any hard and fast opinions on your future neighborhood until I really experienced them first hand.
SD Realtor
ParticipantFLU I have been pretty happy with Broadcom lately.
SD Realtor
ParticipantFLU I have been pretty happy with Broadcom lately.
SD Realtor
ParticipantVoz appreciate the compliment.
Abbey, the next time the Zip Realtor tells you that things are so great just ask him why volumes are down so heavy if things are so great. You may even want to tell him that in 2006 many guys like him said that things would be better in 2007 but that didn’t seem to happen did it…
So ask him to show you hard data that would indicate that we are anywhere near the bottom.
SD Realtor
ParticipantVoz appreciate the compliment.
Abbey, the next time the Zip Realtor tells you that things are so great just ask him why volumes are down so heavy if things are so great. You may even want to tell him that in 2006 many guys like him said that things would be better in 2007 but that didn’t seem to happen did it…
So ask him to show you hard data that would indicate that we are anywhere near the bottom.
SD Realtor
Participantsdr and rus thanks guys! rus if you can post your lead that would be cool.. if not lemmme know.
SD Realtor
Participantsdr and rus thanks guys! rus if you can post your lead that would be cool.. if not lemmme know.
SD Realtor
ParticipantNYC I do not have any intimate knowledge of the complex. Like most other attached housing developments in town, this one has seen some depreciation. I assume you are looking at the 950 sf units. Someone actually bought one of these units for 440k back in 2005. I see 3 other sales of these units at 415k, 415k and 416k respectively 2004, 2006 and 2005… Then in July I see a sale at 368k…Right now nothing is pending (in escrow) and there are 3 units for sale in price ranges in the upper 300’s…
I am sorry I do not have insights into the complex. I would expect continued depreciation commensurate with the area and that type of housing. Carmel Valley in general has lots of attached homes to choose from and it will continue to be that way.
SD Realtor
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