[SDEngineer]

[quote=Enorah]Vees, Leslie Appleton Young gets paid to say stuff like that[/quote]

True, however, the information is actually useful – although the implication made that the housing market has turned the corner is one that shouldn’t be drawn from a median sales price.

What the median sales price is relevent for though is that it implies that the bottom of the market (entry level housing) may have hit a floor – especially since we know that the low end has made up the lions share of sales for most of the past year or more (so any shifting of the distribution of home sales would presumably be away from primarily low end, not towards yet more low end, which could result in a lower median price).

One can’t draw conclusions though about mid and high end housing though, and where they are in the boom-bust cycle.

[SDEngineer]

Won’t work if I’m reading the legal code correctly.

A “bargain basement rent” would likely fall afoul of the “bona fide lease” definition at the bottom of that section of code. If it’s substantially less than fair market value, it won’t fly legally.

And, even if it did fly, section 2(A) in the legalese above gives the new owner the right to terminate the lease subject to giving the tenants a 90 day notice IF they are planning on occupying the property as a primary residence. So this really would only be a “poison pill” to an investor who was planning on renting the property out.

[SDEngineer]

Won’t work if I’m reading the legal code correctly.

A “bargain basement rent” would likely fall afoul of the “bona fide lease” definition at the bottom of that section of code. If it’s substantially less than fair market value, it won’t fly legally.

And, even if it did fly, section 2(A) in the legalese above gives the new owner the right to terminate the lease subject to giving the tenants a 90 day notice IF they are planning on occupying the property as a primary residence. So this really would only be a “poison pill” to an investor who was planning on renting the property out.

[SDEngineer]

Won’t work if I’m reading the legal code correctly.

A “bargain basement rent” would likely fall afoul of the “bona fide lease” definition at the bottom of that section of code. If it’s substantially less than fair market value, it won’t fly legally.

And, even if it did fly, section 2(A) in the legalese above gives the new owner the right to terminate the lease subject to giving the tenants a 90 day notice IF they are planning on occupying the property as a primary residence. So this really would only be a “poison pill” to an investor who was planning on renting the property out.

[SDEngineer]

Won’t work if I’m reading the legal code correctly.

A “bargain basement rent” would likely fall afoul of the “bona fide lease” definition at the bottom of that section of code. If it’s substantially less than fair market value, it won’t fly legally.

And, even if it did fly, section 2(A) in the legalese above gives the new owner the right to terminate the lease subject to giving the tenants a 90 day notice IF they are planning on occupying the property as a primary residence. So this really would only be a “poison pill” to an investor who was planning on renting the property out.

[SDEngineer]

Won’t work if I’m reading the legal code correctly.

A “bargain basement rent” would likely fall afoul of the “bona fide lease” definition at the bottom of that section of code. If it’s substantially less than fair market value, it won’t fly legally.

And, even if it did fly, section 2(A) in the legalese above gives the new owner the right to terminate the lease subject to giving the tenants a 90 day notice IF they are planning on occupying the property as a primary residence. So this really would only be a “poison pill” to an investor who was planning on renting the property out.

[SDEngineer]

[quote=92126_guy]xironman,

I wouldn’t say we are “seriously” considering it, but it’s not a joke either. My wife really liked the one model and it was quite a surprise to find nice new house 2500+ sq ft that was actually in our price range in San Diego. I’m betting the commute will probably kill the deal as I look into it, but I suggest going down there and taking a look at that community and surrounding areas on the east 905. They are off and secluded from the border town stuff by a mile or so.

I grew up in working class areas and am comfortable in them, hell I’m always wondering why people call MM a ghetto. I mean there aren’t Mercedes and BMWs in every driveway but I don’t feel it’s that bad.

[/quote]

If you’re not married to the idea of a small yard and a driveway, you might want to check out Standard Pacific’s townhomes in Santee (Canopy Park at Riverwalk). They’re located in a very nice section of Santee (much closer to most of San Diego), and are extremely large for townhomes (1861-2226 sq ft, 3-4 BRs, with the largest going for 402K last I checked). No yard, and no driveway, but a really nice development in a low crime area with no Mello Roos and reasonable HOA (~110/mo right now). Build quality has been excellent as well – they are true townhomes (not condos) with double walls and soundproofed airspaces on shared walls, copper and cast iron plumbing, and very solid subflooring.

There’s a few Piggs that have bought in that development (we’re currently in escrow on ours, waiting for our building phase to complete sometime in early July).

[SDEngineer]

[quote=92126_guy]xironman,

I wouldn’t say we are “seriously” considering it, but it’s not a joke either. My wife really liked the one model and it was quite a surprise to find nice new house 2500+ sq ft that was actually in our price range in San Diego. I’m betting the commute will probably kill the deal as I look into it, but I suggest going down there and taking a look at that community and surrounding areas on the east 905. They are off and secluded from the border town stuff by a mile or so.

I grew up in working class areas and am comfortable in them, hell I’m always wondering why people call MM a ghetto. I mean there aren’t Mercedes and BMWs in every driveway but I don’t feel it’s that bad.

[/quote]

If you’re not married to the idea of a small yard and a driveway, you might want to check out Standard Pacific’s townhomes in Santee (Canopy Park at Riverwalk). They’re located in a very nice section of Santee (much closer to most of San Diego), and are extremely large for townhomes (1861-2226 sq ft, 3-4 BRs, with the largest going for 402K last I checked). No yard, and no driveway, but a really nice development in a low crime area with no Mello Roos and reasonable HOA (~110/mo right now). Build quality has been excellent as well – they are true townhomes (not condos) with double walls and soundproofed airspaces on shared walls, copper and cast iron plumbing, and very solid subflooring.

There’s a few Piggs that have bought in that development (we’re currently in escrow on ours, waiting for our building phase to complete sometime in early July).

[SDEngineer]

[quote=92126_guy]xironman,

I wouldn’t say we are “seriously” considering it, but it’s not a joke either. My wife really liked the one model and it was quite a surprise to find nice new house 2500+ sq ft that was actually in our price range in San Diego. I’m betting the commute will probably kill the deal as I look into it, but I suggest going down there and taking a look at that community and surrounding areas on the east 905. They are off and secluded from the border town stuff by a mile or so.

I grew up in working class areas and am comfortable in them, hell I’m always wondering why people call MM a ghetto. I mean there aren’t Mercedes and BMWs in every driveway but I don’t feel it’s that bad.

[/quote]

If you’re not married to the idea of a small yard and a driveway, you might want to check out Standard Pacific’s townhomes in Santee (Canopy Park at Riverwalk). They’re located in a very nice section of Santee (much closer to most of San Diego), and are extremely large for townhomes (1861-2226 sq ft, 3-4 BRs, with the largest going for 402K last I checked). No yard, and no driveway, but a really nice development in a low crime area with no Mello Roos and reasonable HOA (~110/mo right now). Build quality has been excellent as well – they are true townhomes (not condos) with double walls and soundproofed airspaces on shared walls, copper and cast iron plumbing, and very solid subflooring.

There’s a few Piggs that have bought in that development (we’re currently in escrow on ours, waiting for our building phase to complete sometime in early July).

[SDEngineer]

[quote=92126_guy]xironman,

I wouldn’t say we are “seriously” considering it, but it’s not a joke either. My wife really liked the one model and it was quite a surprise to find nice new house 2500+ sq ft that was actually in our price range in San Diego. I’m betting the commute will probably kill the deal as I look into it, but I suggest going down there and taking a look at that community and surrounding areas on the east 905. They are off and secluded from the border town stuff by a mile or so.

I grew up in working class areas and am comfortable in them, hell I’m always wondering why people call MM a ghetto. I mean there aren’t Mercedes and BMWs in every driveway but I don’t feel it’s that bad.

[/quote]

If you’re not married to the idea of a small yard and a driveway, you might want to check out Standard Pacific’s townhomes in Santee (Canopy Park at Riverwalk). They’re located in a very nice section of Santee (much closer to most of San Diego), and are extremely large for townhomes (1861-2226 sq ft, 3-4 BRs, with the largest going for 402K last I checked). No yard, and no driveway, but a really nice development in a low crime area with no Mello Roos and reasonable HOA (~110/mo right now). Build quality has been excellent as well – they are true townhomes (not condos) with double walls and soundproofed airspaces on shared walls, copper and cast iron plumbing, and very solid subflooring.

There’s a few Piggs that have bought in that development (we’re currently in escrow on ours, waiting for our building phase to complete sometime in early July).

[SDEngineer]

[quote=92126_guy]xironman,

I wouldn’t say we are “seriously” considering it, but it’s not a joke either. My wife really liked the one model and it was quite a surprise to find nice new house 2500+ sq ft that was actually in our price range in San Diego. I’m betting the commute will probably kill the deal as I look into it, but I suggest going down there and taking a look at that community and surrounding areas on the east 905. They are off and secluded from the border town stuff by a mile or so.

I grew up in working class areas and am comfortable in them, hell I’m always wondering why people call MM a ghetto. I mean there aren’t Mercedes and BMWs in every driveway but I don’t feel it’s that bad.

[/quote]

If you’re not married to the idea of a small yard and a driveway, you might want to check out Standard Pacific’s townhomes in Santee (Canopy Park at Riverwalk). They’re located in a very nice section of Santee (much closer to most of San Diego), and are extremely large for townhomes (1861-2226 sq ft, 3-4 BRs, with the largest going for 402K last I checked). No yard, and no driveway, but a really nice development in a low crime area with no Mello Roos and reasonable HOA (~110/mo right now). Build quality has been excellent as well – they are true townhomes (not condos) with double walls and soundproofed airspaces on shared walls, copper and cast iron plumbing, and very solid subflooring.

There’s a few Piggs that have bought in that development (we’re currently in escrow on ours, waiting for our building phase to complete sometime in early July).

[SDEngineer]

[quote=sdrealtor]Already had a 300Z back in 1985. I’m old now. I want fast, traction/turning and luxury. Price is whatever it takes to put that smile on my face. probably still a few months away from pulling the trigger. I’m not very good at spending money and even worse when it is on myself. I need to romance the idea for a few months.[/quote]

If you’re not married to the idea of a convertible, I highly recommend test driving the Infinity G37. Admittedly, I didn’t test drive the Z4 or the TT, but I did test drive cars from both BMW and Audi (and Lexus) in the ~40K range, and the G37 took the cake for me. It had speed (only the BMW with the 3.0 turbo and the 370Z would be faster), handling, luxury, and has been very easy to live with over the past 15 months. It will also spend less time in the shop than a german luxury car. As a bonus, you don’t have to spend an extra 5K+ to get the high performance engine like you do with the Audi or BMW. Out the door, my G37 cost about 10K less than a BMW 335i similarly equipped (~15K less than a Z4).

BTW, the 370Z is not the 300Z of old (which was, for a sports car, pretty slow). It won’t be quite as luxurious as the G37 (which it shares it’s powertrain with), but it will be the fastest, best handling car of any listed here, bar none. Want to surprise a 335i owner? Buy the Z and smoke him at the stoplight.

[SDEngineer]

[quote=sdrealtor]Already had a 300Z back in 1985. I’m old now. I want fast, traction/turning and luxury. Price is whatever it takes to put that smile on my face. probably still a few months away from pulling the trigger. I’m not very good at spending money and even worse when it is on myself. I need to romance the idea for a few months.[/quote]

If you’re not married to the idea of a convertible, I highly recommend test driving the Infinity G37. Admittedly, I didn’t test drive the Z4 or the TT, but I did test drive cars from both BMW and Audi (and Lexus) in the ~40K range, and the G37 took the cake for me. It had speed (only the BMW with the 3.0 turbo and the 370Z would be faster), handling, luxury, and has been very easy to live with over the past 15 months. It will also spend less time in the shop than a german luxury car. As a bonus, you don’t have to spend an extra 5K+ to get the high performance engine like you do with the Audi or BMW. Out the door, my G37 cost about 10K less than a BMW 335i similarly equipped (~15K less than a Z4).

BTW, the 370Z is not the 300Z of old (which was, for a sports car, pretty slow). It won’t be quite as luxurious as the G37 (which it shares it’s powertrain with), but it will be the fastest, best handling car of any listed here, bar none. Want to surprise a 335i owner? Buy the Z and smoke him at the stoplight.

[SDEngineer]

[quote=sdrealtor]Already had a 300Z back in 1985. I’m old now. I want fast, traction/turning and luxury. Price is whatever it takes to put that smile on my face. probably still a few months away from pulling the trigger. I’m not very good at spending money and even worse when it is on myself. I need to romance the idea for a few months.[/quote]

If you’re not married to the idea of a convertible, I highly recommend test driving the Infinity G37. Admittedly, I didn’t test drive the Z4 or the TT, but I did test drive cars from both BMW and Audi (and Lexus) in the ~40K range, and the G37 took the cake for me. It had speed (only the BMW with the 3.0 turbo and the 370Z would be faster), handling, luxury, and has been very easy to live with over the past 15 months. It will also spend less time in the shop than a german luxury car. As a bonus, you don’t have to spend an extra 5K+ to get the high performance engine like you do with the Audi or BMW. Out the door, my G37 cost about 10K less than a BMW 335i similarly equipped (~15K less than a Z4).

BTW, the 370Z is not the 300Z of old (which was, for a sports car, pretty slow). It won’t be quite as luxurious as the G37 (which it shares it’s powertrain with), but it will be the fastest, best handling car of any listed here, bar none. Want to surprise a 335i owner? Buy the Z and smoke him at the stoplight.

[SDEngineer]

[quote=sdrealtor]Already had a 300Z back in 1985. I’m old now. I want fast, traction/turning and luxury. Price is whatever it takes to put that smile on my face. probably still a few months away from pulling the trigger. I’m not very good at spending money and even worse when it is on myself. I need to romance the idea for a few months.[/quote]

If you’re not married to the idea of a convertible, I highly recommend test driving the Infinity G37. Admittedly, I didn’t test drive the Z4 or the TT, but I did test drive cars from both BMW and Audi (and Lexus) in the ~40K range, and the G37 took the cake for me. It had speed (only the BMW with the 3.0 turbo and the 370Z would be faster), handling, luxury, and has been very easy to live with over the past 15 months. It will also spend less time in the shop than a german luxury car. As a bonus, you don’t have to spend an extra 5K+ to get the high performance engine like you do with the Audi or BMW. Out the door, my G37 cost about 10K less than a BMW 335i similarly equipped (~15K less than a Z4).

BTW, the 370Z is not the 300Z of old (which was, for a sports car, pretty slow). It won’t be quite as luxurious as the G37 (which it shares it’s powertrain with), but it will be the fastest, best handling car of any listed here, bar none. Want to surprise a 335i owner? Buy the Z and smoke him at the stoplight.

[Author]

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