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sdcellar
ParticipantAhhh Alex, there you go with your “price point” theory again.
Hey everybody, go out and buy new construction. You’ll be safe because the price is set. See, you’ve got no wiggle room and future buyers will certainly understand and be willing to pay a premium because you were so smart to avoid nasty old used houses.
sdcellar
ParticipantAhhh Alex, there you go with your “price point” theory again.
Hey everybody, go out and buy new construction. You’ll be safe because the price is set. See, you’ve got no wiggle room and future buyers will certainly understand and be willing to pay a premium because you were so smart to avoid nasty old used houses.
sdcellar
ParticipantYou didn’t stir up a hornet’s nest at all. CV is definitely holding up much better than most everywhere else in the county. Even in the recent statistics compiled over at the Voice of San Diego regarding foreclosure rates show that 92130 is near the bottom in foreclosures per 1000 properties.
That said, everything is relative and there’s a decent chance they’re just behind the curve. Of course there’s a premium for better schools and coastal proximity, and there always will be, but it’s all relative. Funny that you’re worried about a hit on your La Jolla place. Last I recall they have pretty good schools and are near a beach or something. Maybe you meant something else, but if prices are going to drop (or have dropped) in La Jolla, you can bet they’ll go down in Carmel Valley.
sdcellar
ParticipantYou didn’t stir up a hornet’s nest at all. CV is definitely holding up much better than most everywhere else in the county. Even in the recent statistics compiled over at the Voice of San Diego regarding foreclosure rates show that 92130 is near the bottom in foreclosures per 1000 properties.
That said, everything is relative and there’s a decent chance they’re just behind the curve. Of course there’s a premium for better schools and coastal proximity, and there always will be, but it’s all relative. Funny that you’re worried about a hit on your La Jolla place. Last I recall they have pretty good schools and are near a beach or something. Maybe you meant something else, but if prices are going to drop (or have dropped) in La Jolla, you can bet they’ll go down in Carmel Valley.
sdcellar
ParticipantYou didn’t stir up a hornet’s nest at all. CV is definitely holding up much better than most everywhere else in the county. Even in the recent statistics compiled over at the Voice of San Diego regarding foreclosure rates show that 92130 is near the bottom in foreclosures per 1000 properties.
That said, everything is relative and there’s a decent chance they’re just behind the curve. Of course there’s a premium for better schools and coastal proximity, and there always will be, but it’s all relative. Funny that you’re worried about a hit on your La Jolla place. Last I recall they have pretty good schools and are near a beach or something. Maybe you meant something else, but if prices are going to drop (or have dropped) in La Jolla, you can bet they’ll go down in Carmel Valley.
sdcellar
ParticipantOf course you can be (far off), but what’s been posed is being early on the down versus early on the up. I’ll take the latter pretty much every time, especially with things that move slowly (like real estate).
And again, housing is so overpriced in San Diego right now that it really doesn’t matter. If it should somehow start inching magically upward, it just isn’t a good value to buy most properties. *And*, I’d still have time to reconsider my position if and when that comes to pass. Buy today and you’re pretty much screwed.
sdcellar
ParticipantOf course you can be (far off), but what’s been posed is being early on the down versus early on the up. I’ll take the latter pretty much every time, especially with things that move slowly (like real estate).
And again, housing is so overpriced in San Diego right now that it really doesn’t matter. If it should somehow start inching magically upward, it just isn’t a good value to buy most properties. *And*, I’d still have time to reconsider my position if and when that comes to pass. Buy today and you’re pretty much screwed.
sdcellar
ParticipantOf course you can be (far off), but what’s been posed is being early on the down versus early on the up. I’ll take the latter pretty much every time, especially with things that move slowly (like real estate).
And again, housing is so overpriced in San Diego right now that it really doesn’t matter. If it should somehow start inching magically upward, it just isn’t a good value to buy most properties. *And*, I’d still have time to reconsider my position if and when that comes to pass. Buy today and you’re pretty much screwed.
sdcellar
Participantsdrealtor hasn’t even posted on this thread. Also, are you arguing with yourself?
Santaluz gonna come down, not gonna come down? crap/not crap? Same for RSF and Fairbanks. How do all of their “price points” come into play…
sdcellar
Participantsdrealtor hasn’t even posted on this thread. Also, are you arguing with yourself?
Santaluz gonna come down, not gonna come down? crap/not crap? Same for RSF and Fairbanks. How do all of their “price points” come into play…
sdcellar
Participantsdrealtor hasn’t even posted on this thread. Also, are you arguing with yourself?
Santaluz gonna come down, not gonna come down? crap/not crap? Same for RSF and Fairbanks. How do all of their “price points” come into play…
sdcellar
ParticipantOh, I see, so any new home has it’s “price point” established and can’t go any lower. Is this everywhere or just Derby Hill?
There are developments right next to Derby that are only a few years older and originally sold for much less. What’s their “price point”?
If those neighboring home prices come down (based on the “price point” theory), do you really think Derby Hill’s going to just cruise along in the mid-millions?
sdcellar
ParticipantOh, I see, so any new home has it’s “price point” established and can’t go any lower. Is this everywhere or just Derby Hill?
There are developments right next to Derby that are only a few years older and originally sold for much less. What’s their “price point”?
If those neighboring home prices come down (based on the “price point” theory), do you really think Derby Hill’s going to just cruise along in the mid-millions?
sdcellar
ParticipantOh, I see, so any new home has it’s “price point” established and can’t go any lower. Is this everywhere or just Derby Hill?
There are developments right next to Derby that are only a few years older and originally sold for much less. What’s their “price point”?
If those neighboring home prices come down (based on the “price point” theory), do you really think Derby Hill’s going to just cruise along in the mid-millions?
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