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sdrealtor
ParticipantFredo
Several areas in South Carlsbad have reasonable mello roos ($400 to 800 per year). They include all the newer neighborhoods south of La Costa Avenue. La Costa Valley, Sonata, Santa Fe Trails, Arroyo Vista, Tiburon, Villagio, Summerwalk to name a few.sdrealtor
ParticipantFredo
Several areas in South Carlsbad have reasonable mello roos ($400 to 800 per year). They include all the newer neighborhoods south of La Costa Avenue. La Costa Valley, Sonata, Santa Fe Trails, Arroyo Vista, Tiburon, Villagio, Summerwalk to name a few.sdrealtor
ParticipantFredo
Several areas in South Carlsbad have reasonable mello roos ($400 to 800 per year). They include all the newer neighborhoods south of La Costa Avenue. La Costa Valley, Sonata, Santa Fe Trails, Arroyo Vista, Tiburon, Villagio, Summerwalk to name a few.sdrealtor
ParticipantFredo
Several areas in South Carlsbad have reasonable mello roos ($400 to 800 per year). They include all the newer neighborhoods south of La Costa Avenue. La Costa Valley, Sonata, Santa Fe Trails, Arroyo Vista, Tiburon, Villagio, Summerwalk to name a few.sdrealtor
ParticipantFredo
Several areas in South Carlsbad have reasonable mello roos ($400 to 800 per year). They include all the newer neighborhoods south of La Costa Avenue. La Costa Valley, Sonata, Santa Fe Trails, Arroyo Vista, Tiburon, Villagio, Summerwalk to name a few.January 7, 2009 at 3:12 PM in reply to: Are realtors advising their clients to price their homes low? #325615sdrealtor
ParticipantSellers motivations and expectations typically dictate asking prices. Those are governed by recent sales prices. Everyone thinks their home is worht what the last guy got if not more. Would you want less. It is incumbent upon us as realtors to get our clients to price as close to the market as possible. Experienced agents have more success than inexperienced ones but some clients are too stubborn to listen. With a reasonably set listing price the house should generate offers. If offers dont come in, the price must be wrong as price can fix anything. Once offers come in, the real work begins.
January 7, 2009 at 3:12 PM in reply to: Are realtors advising their clients to price their homes low? #325954sdrealtor
ParticipantSellers motivations and expectations typically dictate asking prices. Those are governed by recent sales prices. Everyone thinks their home is worht what the last guy got if not more. Would you want less. It is incumbent upon us as realtors to get our clients to price as close to the market as possible. Experienced agents have more success than inexperienced ones but some clients are too stubborn to listen. With a reasonably set listing price the house should generate offers. If offers dont come in, the price must be wrong as price can fix anything. Once offers come in, the real work begins.
January 7, 2009 at 3:12 PM in reply to: Are realtors advising their clients to price their homes low? #326023sdrealtor
ParticipantSellers motivations and expectations typically dictate asking prices. Those are governed by recent sales prices. Everyone thinks their home is worht what the last guy got if not more. Would you want less. It is incumbent upon us as realtors to get our clients to price as close to the market as possible. Experienced agents have more success than inexperienced ones but some clients are too stubborn to listen. With a reasonably set listing price the house should generate offers. If offers dont come in, the price must be wrong as price can fix anything. Once offers come in, the real work begins.
January 7, 2009 at 3:12 PM in reply to: Are realtors advising their clients to price their homes low? #326041sdrealtor
ParticipantSellers motivations and expectations typically dictate asking prices. Those are governed by recent sales prices. Everyone thinks their home is worht what the last guy got if not more. Would you want less. It is incumbent upon us as realtors to get our clients to price as close to the market as possible. Experienced agents have more success than inexperienced ones but some clients are too stubborn to listen. With a reasonably set listing price the house should generate offers. If offers dont come in, the price must be wrong as price can fix anything. Once offers come in, the real work begins.
January 7, 2009 at 3:12 PM in reply to: Are realtors advising their clients to price their homes low? #326123sdrealtor
ParticipantSellers motivations and expectations typically dictate asking prices. Those are governed by recent sales prices. Everyone thinks their home is worht what the last guy got if not more. Would you want less. It is incumbent upon us as realtors to get our clients to price as close to the market as possible. Experienced agents have more success than inexperienced ones but some clients are too stubborn to listen. With a reasonably set listing price the house should generate offers. If offers dont come in, the price must be wrong as price can fix anything. Once offers come in, the real work begins.
sdrealtor
ParticipantFrom my experience pouring over stats like this a few thoughts.
Sales are astonishing stable. In fact, when sales seemed to be lowest in SD County (2nd half 2007) they were highest in 4S.
Sales are slowing in 4S and should continue to do so because more will involve bank approvals for short sales which slows done the process.
Lower market pricing even by $25K can push a seller into short sale terrritory. It would be a rare 4S owner that bought new in 2005 or 2006 that isnt underwater, even those who made reasonable down payments. If forced to sell, most will result in short sales.
2009 and 2010 will be the years of the short sale in communities like 4S so prepare for long waits. IMO, this will restrict supply and slow down the sales process to allow the lower end homes to retain value relatively well. Dont expect to see $450K for a 2300 sq ft home anytime soon.
Loan modifications can help in an area like this where people have real jobs. Whether they will be at a level that actually makes a difference is yet to be seen, but they could definitely make a difference.
sdrealtor
ParticipantFrom my experience pouring over stats like this a few thoughts.
Sales are astonishing stable. In fact, when sales seemed to be lowest in SD County (2nd half 2007) they were highest in 4S.
Sales are slowing in 4S and should continue to do so because more will involve bank approvals for short sales which slows done the process.
Lower market pricing even by $25K can push a seller into short sale terrritory. It would be a rare 4S owner that bought new in 2005 or 2006 that isnt underwater, even those who made reasonable down payments. If forced to sell, most will result in short sales.
2009 and 2010 will be the years of the short sale in communities like 4S so prepare for long waits. IMO, this will restrict supply and slow down the sales process to allow the lower end homes to retain value relatively well. Dont expect to see $450K for a 2300 sq ft home anytime soon.
Loan modifications can help in an area like this where people have real jobs. Whether they will be at a level that actually makes a difference is yet to be seen, but they could definitely make a difference.
sdrealtor
ParticipantFrom my experience pouring over stats like this a few thoughts.
Sales are astonishing stable. In fact, when sales seemed to be lowest in SD County (2nd half 2007) they were highest in 4S.
Sales are slowing in 4S and should continue to do so because more will involve bank approvals for short sales which slows done the process.
Lower market pricing even by $25K can push a seller into short sale terrritory. It would be a rare 4S owner that bought new in 2005 or 2006 that isnt underwater, even those who made reasonable down payments. If forced to sell, most will result in short sales.
2009 and 2010 will be the years of the short sale in communities like 4S so prepare for long waits. IMO, this will restrict supply and slow down the sales process to allow the lower end homes to retain value relatively well. Dont expect to see $450K for a 2300 sq ft home anytime soon.
Loan modifications can help in an area like this where people have real jobs. Whether they will be at a level that actually makes a difference is yet to be seen, but they could definitely make a difference.
sdrealtor
ParticipantFrom my experience pouring over stats like this a few thoughts.
Sales are astonishing stable. In fact, when sales seemed to be lowest in SD County (2nd half 2007) they were highest in 4S.
Sales are slowing in 4S and should continue to do so because more will involve bank approvals for short sales which slows done the process.
Lower market pricing even by $25K can push a seller into short sale terrritory. It would be a rare 4S owner that bought new in 2005 or 2006 that isnt underwater, even those who made reasonable down payments. If forced to sell, most will result in short sales.
2009 and 2010 will be the years of the short sale in communities like 4S so prepare for long waits. IMO, this will restrict supply and slow down the sales process to allow the lower end homes to retain value relatively well. Dont expect to see $450K for a 2300 sq ft home anytime soon.
Loan modifications can help in an area like this where people have real jobs. Whether they will be at a level that actually makes a difference is yet to be seen, but they could definitely make a difference.
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