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sdcellar
ParticipantNot picking sides, but those are canned lists that have been floating around for a long time. That is not research. Note the bias of the list:
First democrat entry
Richard Gephardt: Air National Guard, 1965-71.Comparable service from the republican list
George W. Bush: six-year Nat’l Guard commitment (infour).
Issues of desertion and unfitness.Yeperoo, no bias there. The first one states the facts (fine), the second’s got the slant.
If it were an unbiased list, it would just print the facts and it would be complete.
ParticipantPS– You trip me out. People take it personally when you rip the area they live in (you posted right after somebody said they lived there and really liked it). You’re the one who complains when people get personal, but you don’t understand that many of the things you say are very personal. You get that, don’t you? Even your “Get real!” comment shows how personally you take things. It’d be nice of you to afford others the same consideration.
ParticipantJosh funny!
ParticipantPS– I think you’re actually allowed to make posts on Jim’s site, just be respectful of him (similar to how you ask [and expect] people to be respectful of you). Jim seems like a real good guy to me.
Sure, he’s got something of a vested interest in selling homes even today, but you have a vested interested in prices going down. Not really all that different and I think Jim’s pretty sharp about it most of the time.
I do think Jim’s off the mark today, but if you can overlook the seemingly overly optimistic 10% appreciation figure (which is just one of the examples he provides), the other phenomena he describes have some truth to them–the biggest being that people will continue to buy properties even as prices continue downward. I see a good many people who seem to be impatient and if they saw the right house at the right price, for them, they would buy it today. Jim, being a realtor, wants to serve those folks and help them get the best deal they can.
Make sense to me and I caught narry a scent of desperation in his article today (but I will admit the 10% figure threw me a bit).
ParticipantWOW! I’d say that thing is at least $100K overpriced and I’m not talking in a declining market–I mean in any market. $739K-$759K for a condo! I’d say $200K over if you factor in the current market. Maybe someone who knows Escala better than me can chime in. Perhaps I missing something major.
ParticipantCardiffBaseball— All sounds reasonable enough and I know you put the disclaimer on wrestling, but if that is the program someone is looking for, better make sure your kids go to Poway High. PHS is far and away the best program in the county and one of the top in the state (for like the last 20 years). They will happily destroy any of the other PUSD schools!
The cool thing is, even kids who might not be the greatest get a lot out of the program. I was never much into wrestling, but my son wanted to give it a shot. And even though he never was first team, it was a great experience for him and helped him grow in a lot of ways.
Participantand say, is this server in need of a time change. I swear it’s only 11:15 in San Diego right now
powayseller– is it okay that I posted this here? Please don’t bust me for not putting in “Off Topic”.
ParticipantThere are plenty of nice areas in Penasquitos. I’d say the percentage of older homes is similar to Poway. They have their share of new construction as well. Poway is nice, but I’d say it has higher highs and lower lows. PQ also feeds what I believe is the newest high school in Poway Unified as well.
So I’d say the answer is yes, there are definitely parts of Penasquitos that are nicer than what you saw. Good of you to rip on an area that somebody just said they liked a lot.
ParticipantStop with the thread policing already…
ParticipantThe rental market doesn’t seem tight to me and we just got into a place, so I *think* I’ve got a good feel for the area you’re interested in.
That said, since you’ve got until May, just start following the listings in craigslist:
http://sandiego.craigslist.org/apa
Good searches for you:
poway, penasquitos, 4s, ranch, sur, carmel, torreyParticipantPerry’s recommended methodology works well. ZipRealty lets you save searches so I keep two versions of each area I’m interested in, one with all properties and the other with reduced prices. I’m interested in the same area you are and I can tell you that half of the properties listed have reduced prices.
This doesn’t help when people relist, but you can see that for yourself as you start tracking properties. And again, listing prices are what they are; what you really need to look at is solds, and solds are down and prices are down.
ParticipantA “F’d Borrower”
ParticipantI would think that most of the value that these ammenities will bring have already been baked into the prices.
I know that when we looked at the area a couple of years ago, we tried to rationalize the purchase price based on all the things they were going to do in the area.
Very personal, I know, but really no different from the mentality surrounding other new master planned communities. I believe buyers factor in the parks, schools, and the like that haven’t been built yet.
Participantauctions are a solid and healthy way to appraise and evaluate the market in real time.
Really? To me, they seem to be a mechanism to incite emotion and frenzy where none exists ordinarily.
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