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sdcellar
ParticipantOkay, on this one, I’m taking a chance because I honestly don’t know the enci/cbad market, but with regard to volume, isn’t that something that’s sort of a function of itself?
In other words, as an area grows, the growth drives further growth. This continues until, well, it reverses.
You make the point yourself, NCC used to be a bit more primitive than it is now. Roads didn’t go through, areas weren’t as built up. They didn’t have a costco. This is not that different from Chula Vista and the Temecula Valley. Growth also brings more local employment to the area, making it even more viable as a place to live. It was also cheaper.
So anyway, it grows and grows until someplace else becomes more attractive and people start going there, then the volumes settle down to a steady state. And, of course, all areas go through such cycles (gentrification and whatnot), but it seems hard to deny that the combined zips you provided haven’t been through a bit of a boom decade (moreso than say 92124).
Encinitas proper has been less subject to this it would seem. What do those numbers look like?
ParticipantOkay, on this one, I’m taking a chance because I honestly don’t know the enci/cbad market, but with regard to volume, isn’t that something that’s sort of a function of itself?
In other words, as an area grows, the growth drives further growth. This continues until, well, it reverses.
You make the point yourself, NCC used to be a bit more primitive than it is now. Roads didn’t go through, areas weren’t as built up. They didn’t have a costco. This is not that different from Chula Vista and the Temecula Valley. Growth also brings more local employment to the area, making it even more viable as a place to live. It was also cheaper.
So anyway, it grows and grows until someplace else becomes more attractive and people start going there, then the volumes settle down to a steady state. And, of course, all areas go through such cycles (gentrification and whatnot), but it seems hard to deny that the combined zips you provided haven’t been through a bit of a boom decade (moreso than say 92124).
Encinitas proper has been less subject to this it would seem. What do those numbers look like?
ParticipantOkay, on this one, I’m taking a chance because I honestly don’t know the enci/cbad market, but with regard to volume, isn’t that something that’s sort of a function of itself?
In other words, as an area grows, the growth drives further growth. This continues until, well, it reverses.
You make the point yourself, NCC used to be a bit more primitive than it is now. Roads didn’t go through, areas weren’t as built up. They didn’t have a costco. This is not that different from Chula Vista and the Temecula Valley. Growth also brings more local employment to the area, making it even more viable as a place to live. It was also cheaper.
So anyway, it grows and grows until someplace else becomes more attractive and people start going there, then the volumes settle down to a steady state. And, of course, all areas go through such cycles (gentrification and whatnot), but it seems hard to deny that the combined zips you provided haven’t been through a bit of a boom decade (moreso than say 92124).
Encinitas proper has been less subject to this it would seem. What do those numbers look like?
ParticipantOkay, on this one, I’m taking a chance because I honestly don’t know the enci/cbad market, but with regard to volume, isn’t that something that’s sort of a function of itself?
In other words, as an area grows, the growth drives further growth. This continues until, well, it reverses.
You make the point yourself, NCC used to be a bit more primitive than it is now. Roads didn’t go through, areas weren’t as built up. They didn’t have a costco. This is not that different from Chula Vista and the Temecula Valley. Growth also brings more local employment to the area, making it even more viable as a place to live. It was also cheaper.
So anyway, it grows and grows until someplace else becomes more attractive and people start going there, then the volumes settle down to a steady state. And, of course, all areas go through such cycles (gentrification and whatnot), but it seems hard to deny that the combined zips you provided haven’t been through a bit of a boom decade (moreso than say 92124).
Encinitas proper has been less subject to this it would seem. What do those numbers look like?
ParticipantOkay, on this one, I’m taking a chance because I honestly don’t know the enci/cbad market, but with regard to volume, isn’t that something that’s sort of a function of itself?
In other words, as an area grows, the growth drives further growth. This continues until, well, it reverses.
You make the point yourself, NCC used to be a bit more primitive than it is now. Roads didn’t go through, areas weren’t as built up. They didn’t have a costco. This is not that different from Chula Vista and the Temecula Valley. Growth also brings more local employment to the area, making it even more viable as a place to live. It was also cheaper.
So anyway, it grows and grows until someplace else becomes more attractive and people start going there, then the volumes settle down to a steady state. And, of course, all areas go through such cycles (gentrification and whatnot), but it seems hard to deny that the combined zips you provided haven’t been through a bit of a boom decade (moreso than say 92124).
Encinitas proper has been less subject to this it would seem. What do those numbers look like?
ParticipantOkay, next.
*** NTMI Alert ***
Eight offers on one house for $900,000 in three days. What does this mean in isolation? There are also $900,000 houses in north county coastal with zero offers. The latter are, of course, overpriced.
I suspect, specifically because you are knowledgeable, that the particular house you’re helping your client with is a pretty darn good deal at $900; probably something that would have sold for something like $1.3 million not too long ago.
There’s a lot more I could conject here, but again, simply not enough information to really determine what your example means. I do understand that you’re limited in what you can say however.
ParticipantOkay, next.
*** NTMI Alert ***
Eight offers on one house for $900,000 in three days. What does this mean in isolation? There are also $900,000 houses in north county coastal with zero offers. The latter are, of course, overpriced.
I suspect, specifically because you are knowledgeable, that the particular house you’re helping your client with is a pretty darn good deal at $900; probably something that would have sold for something like $1.3 million not too long ago.
There’s a lot more I could conject here, but again, simply not enough information to really determine what your example means. I do understand that you’re limited in what you can say however.
ParticipantOkay, next.
*** NTMI Alert ***
Eight offers on one house for $900,000 in three days. What does this mean in isolation? There are also $900,000 houses in north county coastal with zero offers. The latter are, of course, overpriced.
I suspect, specifically because you are knowledgeable, that the particular house you’re helping your client with is a pretty darn good deal at $900; probably something that would have sold for something like $1.3 million not too long ago.
There’s a lot more I could conject here, but again, simply not enough information to really determine what your example means. I do understand that you’re limited in what you can say however.
ParticipantOkay, next.
*** NTMI Alert ***
Eight offers on one house for $900,000 in three days. What does this mean in isolation? There are also $900,000 houses in north county coastal with zero offers. The latter are, of course, overpriced.
I suspect, specifically because you are knowledgeable, that the particular house you’re helping your client with is a pretty darn good deal at $900; probably something that would have sold for something like $1.3 million not too long ago.
There’s a lot more I could conject here, but again, simply not enough information to really determine what your example means. I do understand that you’re limited in what you can say however.
ParticipantOkay, next.
*** NTMI Alert ***
Eight offers on one house for $900,000 in three days. What does this mean in isolation? There are also $900,000 houses in north county coastal with zero offers. The latter are, of course, overpriced.
I suspect, specifically because you are knowledgeable, that the particular house you’re helping your client with is a pretty darn good deal at $900; probably something that would have sold for something like $1.3 million not too long ago.
There’s a lot more I could conject here, but again, simply not enough information to really determine what your example means. I do understand that you’re limited in what you can say however.
ParticipantOkay, there’s a lot here to work with and you wanted some brouhaha, so I’m going to do my best to play along. First and foremost, though, I do want to thank you for bringing focus back to local real estate. Let’s start with the easy stuff…
*** Anecdote Alert ***
Okay, so you know a guy who sounds to be decidedly more wealthy than he appears. There have always been people like this and I’m sure there will continue to be.
Bill Gates was a fantastically nerdy fellow even though he does seem a bit more presentable in public these days. We probably have Melinda to thank for that.
In popular culture, you might reference the Beverly Hillbillies, Pretty Woman, Fresh Prince of Bel Air and Trading Places.
Of course there are people with more money than you’d think based simply on appearance. There are also people with less. Anecdotally, I know people who have gone from one end spectrum to the other (both up and down) in the course of the last five years. Some I’ve worked with, some were my neighbors. Some I suspect never really had much in the way of positive net worth in the first place.
What I think does merit consideration is the state change and if I were to guess (and I am indeed guessing), the number of people with money has decreased in the past couple of years rather than increased.
You’ve long contested that there are more people out there with money than most people think and Target guy provides a prime example. I’ll bite and say, sure you’ve been right all along, but there are less of his kind today.
ParticipantOkay, there’s a lot here to work with and you wanted some brouhaha, so I’m going to do my best to play along. First and foremost, though, I do want to thank you for bringing focus back to local real estate. Let’s start with the easy stuff…
*** Anecdote Alert ***
Okay, so you know a guy who sounds to be decidedly more wealthy than he appears. There have always been people like this and I’m sure there will continue to be.
Bill Gates was a fantastically nerdy fellow even though he does seem a bit more presentable in public these days. We probably have Melinda to thank for that.
In popular culture, you might reference the Beverly Hillbillies, Pretty Woman, Fresh Prince of Bel Air and Trading Places.
Of course there are people with more money than you’d think based simply on appearance. There are also people with less. Anecdotally, I know people who have gone from one end spectrum to the other (both up and down) in the course of the last five years. Some I’ve worked with, some were my neighbors. Some I suspect never really had much in the way of positive net worth in the first place.
What I think does merit consideration is the state change and if I were to guess (and I am indeed guessing), the number of people with money has decreased in the past couple of years rather than increased.
You’ve long contested that there are more people out there with money than most people think and Target guy provides a prime example. I’ll bite and say, sure you’ve been right all along, but there are less of his kind today.
ParticipantOkay, there’s a lot here to work with and you wanted some brouhaha, so I’m going to do my best to play along. First and foremost, though, I do want to thank you for bringing focus back to local real estate. Let’s start with the easy stuff…
*** Anecdote Alert ***
Okay, so you know a guy who sounds to be decidedly more wealthy than he appears. There have always been people like this and I’m sure there will continue to be.
Bill Gates was a fantastically nerdy fellow even though he does seem a bit more presentable in public these days. We probably have Melinda to thank for that.
In popular culture, you might reference the Beverly Hillbillies, Pretty Woman, Fresh Prince of Bel Air and Trading Places.
Of course there are people with more money than you’d think based simply on appearance. There are also people with less. Anecdotally, I know people who have gone from one end spectrum to the other (both up and down) in the course of the last five years. Some I’ve worked with, some were my neighbors. Some I suspect never really had much in the way of positive net worth in the first place.
What I think does merit consideration is the state change and if I were to guess (and I am indeed guessing), the number of people with money has decreased in the past couple of years rather than increased.
You’ve long contested that there are more people out there with money than most people think and Target guy provides a prime example. I’ll bite and say, sure you’ve been right all along, but there are less of his kind today.
ParticipantOkay, there’s a lot here to work with and you wanted some brouhaha, so I’m going to do my best to play along. First and foremost, though, I do want to thank you for bringing focus back to local real estate. Let’s start with the easy stuff…
*** Anecdote Alert ***
Okay, so you know a guy who sounds to be decidedly more wealthy than he appears. There have always been people like this and I’m sure there will continue to be.
Bill Gates was a fantastically nerdy fellow even though he does seem a bit more presentable in public these days. We probably have Melinda to thank for that.
In popular culture, you might reference the Beverly Hillbillies, Pretty Woman, Fresh Prince of Bel Air and Trading Places.
Of course there are people with more money than you’d think based simply on appearance. There are also people with less. Anecdotally, I know people who have gone from one end spectrum to the other (both up and down) in the course of the last five years. Some I’ve worked with, some were my neighbors. Some I suspect never really had much in the way of positive net worth in the first place.
What I think does merit consideration is the state change and if I were to guess (and I am indeed guessing), the number of people with money has decreased in the past couple of years rather than increased.
You’ve long contested that there are more people out there with money than most people think and Target guy provides a prime example. I’ll bite and say, sure you’ve been right all along, but there are less of his kind today.
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