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SD Realtor
ParticipantHey man… you are semi-retired anyways. darn right I volunteered you chief!
SD Realtor
ParticipantHere is 91913…known for its high foreclosure rate!
Solds Beds SF List Price Sale Price DOM
1998 126 3 1,906 $220,462 $216,030 50
1999 145 3 1,896 $234,286 $240,811 44
2000 154 3 1,891 $256,477 $267,447 39
2001 185 3 1,985 $310,538 $305,212 35
2002 373 3 2,105 $373,721 $367,139 34
2003 484 3 2,135 $461,312 $452,168 44
2004 573 3 2,155 $601,669 $592,394 27
2005 552 3 2,223 $682,382 $666,168 54
2006 326 3 2,188 $666,692 $648,720 72
2007 248 3 2,166 $616,286 $601,906 77Again, 2007 was a generous estimate at least from the volume point of view. Through the first six months this year there were 124 total sales. So in what I would call a very very optimistic estimate volume is down more then 50% from 2005 but pricing is off only 10%. Pricing should be gapping down substantially fairly soon…
If you want to live in 91913…
ParticipantHere is 91913…known for its high foreclosure rate!
Solds Beds SF List Price Sale Price DOM
1998 126 3 1,906 $220,462 $216,030 50
1999 145 3 1,896 $234,286 $240,811 44
2000 154 3 1,891 $256,477 $267,447 39
2001 185 3 1,985 $310,538 $305,212 35
2002 373 3 2,105 $373,721 $367,139 34
2003 484 3 2,135 $461,312 $452,168 44
2004 573 3 2,155 $601,669 $592,394 27
2005 552 3 2,223 $682,382 $666,168 54
2006 326 3 2,188 $666,692 $648,720 72
2007 248 3 2,166 $616,286 $601,906 77Again, 2007 was a generous estimate at least from the volume point of view. Through the first six months this year there were 124 total sales. So in what I would call a very very optimistic estimate volume is down more then 50% from 2005 but pricing is off only 10%. Pricing should be gapping down substantially fairly soon…
If you want to live in 91913…
ParticipantHere is 91913…known for its high foreclosure rate!
Solds Beds SF List Price Sale Price DOM
1998 126 3 1,906 $220,462 $216,030 50
1999 145 3 1,896 $234,286 $240,811 44
2000 154 3 1,891 $256,477 $267,447 39
2001 185 3 1,985 $310,538 $305,212 35
2002 373 3 2,105 $373,721 $367,139 34
2003 484 3 2,135 $461,312 $452,168 44
2004 573 3 2,155 $601,669 $592,394 27
2005 552 3 2,223 $682,382 $666,168 54
2006 326 3 2,188 $666,692 $648,720 72
2007 248 3 2,166 $616,286 $601,906 77Again, 2007 was a generous estimate at least from the volume point of view. Through the first six months this year there were 124 total sales. So in what I would call a very very optimistic estimate volume is down more then 50% from 2005 but pricing is off only 10%. Pricing should be gapping down substantially fairly soon…
If you want to live in 91913…
ParticipantThat could very well be. I guess we will see.
What I would commit to is that the 2007 volume will most likely fall in the 400’s somewhere. There were 254 solds in the first 6 months of this year. There were 45 solds in the month of July so that brings it up to 295….I think we will most likely fall in the mid 400s somewhere, not 508 as the not so accurate estimation predicts. I dont think the sales price will move to much…Like I said, I guess we will see.
I want to post a more hard hit area…to see some differences. This should be your assignment but I will do it. You are still overdue to create a monitor for the central part of town… I will take my payment for your contracting services when I buy a beater home… heheheh
ParticipantThat could very well be. I guess we will see.
What I would commit to is that the 2007 volume will most likely fall in the 400’s somewhere. There were 254 solds in the first 6 months of this year. There were 45 solds in the month of July so that brings it up to 295….I think we will most likely fall in the mid 400s somewhere, not 508 as the not so accurate estimation predicts. I dont think the sales price will move to much…Like I said, I guess we will see.
I want to post a more hard hit area…to see some differences. This should be your assignment but I will do it. You are still overdue to create a monitor for the central part of town… I will take my payment for your contracting services when I buy a beater home… heheheh
ParticipantThat could very well be. I guess we will see.
What I would commit to is that the 2007 volume will most likely fall in the 400’s somewhere. There were 254 solds in the first 6 months of this year. There were 45 solds in the month of July so that brings it up to 295….I think we will most likely fall in the mid 400s somewhere, not 508 as the not so accurate estimation predicts. I dont think the sales price will move to much…Like I said, I guess we will see.
I want to post a more hard hit area…to see some differences. This should be your assignment but I will do it. You are still overdue to create a monitor for the central part of town… I will take my payment for your contracting services when I buy a beater home… heheheh
ParticipantYeppers Torrey Highlands is where that one is…prices range there from that listing to the 1M range… Again, agreed with your assessment regarding the area. I don’t like the 3800 in MR and 84 a month HOA but again, your strategy is sound. The 56/15 corridor is slammed already and it sure the heck is not going to shrink.
Maybe it hits your 400k in a few years. That is 35% off where it is now. It very well could… (BTW I got a nice nasty gram from our favorite condo owner (fish tank) in 92130 before she bailed off the market.
SD Realtor
ParticipantYeppers Torrey Highlands is where that one is…prices range there from that listing to the 1M range… Again, agreed with your assessment regarding the area. I don’t like the 3800 in MR and 84 a month HOA but again, your strategy is sound. The 56/15 corridor is slammed already and it sure the heck is not going to shrink.
Maybe it hits your 400k in a few years. That is 35% off where it is now. It very well could… (BTW I got a nice nasty gram from our favorite condo owner (fish tank) in 92130 before she bailed off the market.
SD Realtor
ParticipantYeppers Torrey Highlands is where that one is…prices range there from that listing to the 1M range… Again, agreed with your assessment regarding the area. I don’t like the 3800 in MR and 84 a month HOA but again, your strategy is sound. The 56/15 corridor is slammed already and it sure the heck is not going to shrink.
Maybe it hits your 400k in a few years. That is 35% off where it is now. It very well could… (BTW I got a nice nasty gram from our favorite condo owner (fish tank) in 92130 before she bailed off the market.
SD Realtor
ParticipantFLU I think it depends on the administrator. Two years ago our company used an administrator that was pretty cool. They paid out 100% of the claim at the time it was submitted regardless of where your contribution balance was. They did this for medical and dependent care. Then our company switched to a different administrator. They sucked. They scrutinized the hell out of every claim, they were horrid and they did not pay out full payments to claims unless your contribution amounts covered them. Shortfalls were covered incrementally with every contribution extracted from your paycheck.
SD Realtor
ParticipantFLU I think it depends on the administrator. Two years ago our company used an administrator that was pretty cool. They paid out 100% of the claim at the time it was submitted regardless of where your contribution balance was. They did this for medical and dependent care. Then our company switched to a different administrator. They sucked. They scrutinized the hell out of every claim, they were horrid and they did not pay out full payments to claims unless your contribution amounts covered them. Shortfalls were covered incrementally with every contribution extracted from your paycheck.
SD Realtor
ParticipantFLU I think it depends on the administrator. Two years ago our company used an administrator that was pretty cool. They paid out 100% of the claim at the time it was submitted regardless of where your contribution balance was. They did this for medical and dependent care. Then our company switched to a different administrator. They sucked. They scrutinized the hell out of every claim, they were horrid and they did not pay out full payments to claims unless your contribution amounts covered them. Shortfalls were covered incrementally with every contribution extracted from your paycheck.
SD Realtor
ParticipantFLU I like that area alot. Some big places there… Are you talking like Torrey Hills, Torrey Glenn, Montellano, Avalon Pt? Pretty pricey over there… they have a long way to come down but I like their proximity as opposed to 4S as well. Also bigger lots…
SD Realtor
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