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September 27, 2009 at 4:35 PM in reply to: Opinions please on where the inland 1m-2m house is in cycle #461762September 27, 2009 at 4:35 PM in reply to: Opinions please on where the inland 1m-2m house is in cycle #462106
SD Realtor
ParticipantCan you be a bit more specific as to the location?
September 27, 2009 at 4:35 PM in reply to: Opinions please on where the inland 1m-2m house is in cycle #462180ParticipantCan you be a bit more specific as to the location?
September 27, 2009 at 4:35 PM in reply to: Opinions please on where the inland 1m-2m house is in cycle #462385ParticipantCan you be a bit more specific as to the location?
ParticipantDW make no mistake it is bouncing. Now to me it is not a natural bounce due to the same old topics that we always talk about. Yet, a bounce is a bounce. It is no different then the bounce in PQ as well right? My clients bought a particular floorplan that closed in 3/09 for 490k and that same floorplan literally a few homes away closed at 535k a few days ago. Call it what you want but because of starved inventory and demand prices have gone up from where they were. I am not saying they will not come back down, but conditions will need to change which they certainly can do.
ParticipantDW make no mistake it is bouncing. Now to me it is not a natural bounce due to the same old topics that we always talk about. Yet, a bounce is a bounce. It is no different then the bounce in PQ as well right? My clients bought a particular floorplan that closed in 3/09 for 490k and that same floorplan literally a few homes away closed at 535k a few days ago. Call it what you want but because of starved inventory and demand prices have gone up from where they were. I am not saying they will not come back down, but conditions will need to change which they certainly can do.
ParticipantDW make no mistake it is bouncing. Now to me it is not a natural bounce due to the same old topics that we always talk about. Yet, a bounce is a bounce. It is no different then the bounce in PQ as well right? My clients bought a particular floorplan that closed in 3/09 for 490k and that same floorplan literally a few homes away closed at 535k a few days ago. Call it what you want but because of starved inventory and demand prices have gone up from where they were. I am not saying they will not come back down, but conditions will need to change which they certainly can do.
ParticipantDW make no mistake it is bouncing. Now to me it is not a natural bounce due to the same old topics that we always talk about. Yet, a bounce is a bounce. It is no different then the bounce in PQ as well right? My clients bought a particular floorplan that closed in 3/09 for 490k and that same floorplan literally a few homes away closed at 535k a few days ago. Call it what you want but because of starved inventory and demand prices have gone up from where they were. I am not saying they will not come back down, but conditions will need to change which they certainly can do.
ParticipantDW make no mistake it is bouncing. Now to me it is not a natural bounce due to the same old topics that we always talk about. Yet, a bounce is a bounce. It is no different then the bounce in PQ as well right? My clients bought a particular floorplan that closed in 3/09 for 490k and that same floorplan literally a few homes away closed at 535k a few days ago. Call it what you want but because of starved inventory and demand prices have gone up from where they were. I am not saying they will not come back down, but conditions will need to change which they certainly can do.
ParticipantYes it simply the means cut from Sandicor. Also the lag time in short sales is an important factor.
In fact in order to prove how correct you are when we look at the current ACTIVE listings in 92126 between 1300 and 1500 sf we see that things are SERIOUSLY screwed.
Current Actives = 10
Current Listing List Price Average = 402.
Current Pendings = 24
Current List Price Average = 348.
Current Contingents = 12
Current List Price Average = 332.So suffice it to say that the area has already bounced and is continuing.
ParticipantYes it simply the means cut from Sandicor. Also the lag time in short sales is an important factor.
In fact in order to prove how correct you are when we look at the current ACTIVE listings in 92126 between 1300 and 1500 sf we see that things are SERIOUSLY screwed.
Current Actives = 10
Current Listing List Price Average = 402.
Current Pendings = 24
Current List Price Average = 348.
Current Contingents = 12
Current List Price Average = 332.So suffice it to say that the area has already bounced and is continuing.
ParticipantYes it simply the means cut from Sandicor. Also the lag time in short sales is an important factor.
In fact in order to prove how correct you are when we look at the current ACTIVE listings in 92126 between 1300 and 1500 sf we see that things are SERIOUSLY screwed.
Current Actives = 10
Current Listing List Price Average = 402.
Current Pendings = 24
Current List Price Average = 348.
Current Contingents = 12
Current List Price Average = 332.So suffice it to say that the area has already bounced and is continuing.
ParticipantYes it simply the means cut from Sandicor. Also the lag time in short sales is an important factor.
In fact in order to prove how correct you are when we look at the current ACTIVE listings in 92126 between 1300 and 1500 sf we see that things are SERIOUSLY screwed.
Current Actives = 10
Current Listing List Price Average = 402.
Current Pendings = 24
Current List Price Average = 348.
Current Contingents = 12
Current List Price Average = 332.So suffice it to say that the area has already bounced and is continuing.
ParticipantYes it simply the means cut from Sandicor. Also the lag time in short sales is an important factor.
In fact in order to prove how correct you are when we look at the current ACTIVE listings in 92126 between 1300 and 1500 sf we see that things are SERIOUSLY screwed.
Current Actives = 10
Current Listing List Price Average = 402.
Current Pendings = 24
Current List Price Average = 348.
Current Contingents = 12
Current List Price Average = 332.So suffice it to say that the area has already bounced and is continuing.
Participantox congrats on the home. Once more it is apparent that priorities of all people do not match. What is of paramount importance for some people is pricing pricing pricing and more pricing. What is important for other people is not. Home ownership works for some and not for others. Unfortunately some people refuse to acknowledge that and will always and forever never understand why anyone, anyone, anyone will buy a home unless it is at a market bottom.
If you love the home and are happy with it then kudos to you.
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