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sdrealtor
Participantwp,
There are a few answers to that question. There are buyers that want a premiere property and would take it anywhere be it LCV, LCO or Olivenhain if it was nice enough and priced right.Regarding LCO, it seems as though premiere lots come up there fairly regularly and I dont know that there are people waiting for them. Based upon the peak prices paid for all the homes there I fully expect plenty of premiere properties to come on the market. I would also expect that if cheap enough a LCO buyer would be fairly apt to go to Olivenhain.
LCV is a completely different animal and most of the premiere lots are still in original owners hands that paid pre-bubble pricing. I know many and the chance sof them selling or having to sell are very minimal. Should your run of the mill LCV 4 or 5 BR 2600+ sq ft home on a 10,000+ sq ft quiet cul de sac lot come on the market there will always be people waiting for that beacue they are more rare and more affordable (thus more in demand). While there are higher end areas, there are lots of folks that want a premiere lot in LCV because of the unique set of attributes it has (location, school, amenities, community feel etc.)
sdrealtor
Participantwp,
There are a few answers to that question. There are buyers that want a premiere property and would take it anywhere be it LCV, LCO or Olivenhain if it was nice enough and priced right.Regarding LCO, it seems as though premiere lots come up there fairly regularly and I dont know that there are people waiting for them. Based upon the peak prices paid for all the homes there I fully expect plenty of premiere properties to come on the market. I would also expect that if cheap enough a LCO buyer would be fairly apt to go to Olivenhain.
LCV is a completely different animal and most of the premiere lots are still in original owners hands that paid pre-bubble pricing. I know many and the chance sof them selling or having to sell are very minimal. Should your run of the mill LCV 4 or 5 BR 2600+ sq ft home on a 10,000+ sq ft quiet cul de sac lot come on the market there will always be people waiting for that beacue they are more rare and more affordable (thus more in demand). While there are higher end areas, there are lots of folks that want a premiere lot in LCV because of the unique set of attributes it has (location, school, amenities, community feel etc.)
sdrealtor
Participantwp,
There are a few answers to that question. There are buyers that want a premiere property and would take it anywhere be it LCV, LCO or Olivenhain if it was nice enough and priced right.Regarding LCO, it seems as though premiere lots come up there fairly regularly and I dont know that there are people waiting for them. Based upon the peak prices paid for all the homes there I fully expect plenty of premiere properties to come on the market. I would also expect that if cheap enough a LCO buyer would be fairly apt to go to Olivenhain.
LCV is a completely different animal and most of the premiere lots are still in original owners hands that paid pre-bubble pricing. I know many and the chance sof them selling or having to sell are very minimal. Should your run of the mill LCV 4 or 5 BR 2600+ sq ft home on a 10,000+ sq ft quiet cul de sac lot come on the market there will always be people waiting for that beacue they are more rare and more affordable (thus more in demand). While there are higher end areas, there are lots of folks that want a premiere lot in LCV because of the unique set of attributes it has (location, school, amenities, community feel etc.)
sdrealtor
Participantwp,
There are a few answers to that question. There are buyers that want a premiere property and would take it anywhere be it LCV, LCO or Olivenhain if it was nice enough and priced right.Regarding LCO, it seems as though premiere lots come up there fairly regularly and I dont know that there are people waiting for them. Based upon the peak prices paid for all the homes there I fully expect plenty of premiere properties to come on the market. I would also expect that if cheap enough a LCO buyer would be fairly apt to go to Olivenhain.
LCV is a completely different animal and most of the premiere lots are still in original owners hands that paid pre-bubble pricing. I know many and the chance sof them selling or having to sell are very minimal. Should your run of the mill LCV 4 or 5 BR 2600+ sq ft home on a 10,000+ sq ft quiet cul de sac lot come on the market there will always be people waiting for that beacue they are more rare and more affordable (thus more in demand). While there are higher end areas, there are lots of folks that want a premiere lot in LCV because of the unique set of attributes it has (location, school, amenities, community feel etc.)
sdrealtor
Participantwp,
There are a few answers to that question. There are buyers that want a premiere property and would take it anywhere be it LCV, LCO or Olivenhain if it was nice enough and priced right.Regarding LCO, it seems as though premiere lots come up there fairly regularly and I dont know that there are people waiting for them. Based upon the peak prices paid for all the homes there I fully expect plenty of premiere properties to come on the market. I would also expect that if cheap enough a LCO buyer would be fairly apt to go to Olivenhain.
LCV is a completely different animal and most of the premiere lots are still in original owners hands that paid pre-bubble pricing. I know many and the chance sof them selling or having to sell are very minimal. Should your run of the mill LCV 4 or 5 BR 2600+ sq ft home on a 10,000+ sq ft quiet cul de sac lot come on the market there will always be people waiting for that beacue they are more rare and more affordable (thus more in demand). While there are higher end areas, there are lots of folks that want a premiere lot in LCV because of the unique set of attributes it has (location, school, amenities, community feel etc.)
November 23, 2008 at 10:46 AM in reply to: North Park: will prices get lower? rent vs wait vs move #308130sdrealtor
Participantthey will be although occassionally a deal pops up that will stand the test of time. Here’s an example, Last Fall there was a 3BR condo in Village Park (Encinitas) that was a probate sale by the estate of the orginal owner. Was about 1500 sq ft, best location in the community with a nice westerly view. Well maintained but needed updating. Sat on the market for a couple weeks when no one was paying attention. Ultimately sold for $300k and I had a buyer who could have gotten it for about 285K but balked. In Spring it would have sold for close to 400K and it would sell for $350K today without much trouble.
November 23, 2008 at 10:46 AM in reply to: North Park: will prices get lower? rent vs wait vs move #308498sdrealtor
Participantthey will be although occassionally a deal pops up that will stand the test of time. Here’s an example, Last Fall there was a 3BR condo in Village Park (Encinitas) that was a probate sale by the estate of the orginal owner. Was about 1500 sq ft, best location in the community with a nice westerly view. Well maintained but needed updating. Sat on the market for a couple weeks when no one was paying attention. Ultimately sold for $300k and I had a buyer who could have gotten it for about 285K but balked. In Spring it would have sold for close to 400K and it would sell for $350K today without much trouble.
November 23, 2008 at 10:46 AM in reply to: North Park: will prices get lower? rent vs wait vs move #308516sdrealtor
Participantthey will be although occassionally a deal pops up that will stand the test of time. Here’s an example, Last Fall there was a 3BR condo in Village Park (Encinitas) that was a probate sale by the estate of the orginal owner. Was about 1500 sq ft, best location in the community with a nice westerly view. Well maintained but needed updating. Sat on the market for a couple weeks when no one was paying attention. Ultimately sold for $300k and I had a buyer who could have gotten it for about 285K but balked. In Spring it would have sold for close to 400K and it would sell for $350K today without much trouble.
November 23, 2008 at 10:46 AM in reply to: North Park: will prices get lower? rent vs wait vs move #308535sdrealtor
Participantthey will be although occassionally a deal pops up that will stand the test of time. Here’s an example, Last Fall there was a 3BR condo in Village Park (Encinitas) that was a probate sale by the estate of the orginal owner. Was about 1500 sq ft, best location in the community with a nice westerly view. Well maintained but needed updating. Sat on the market for a couple weeks when no one was paying attention. Ultimately sold for $300k and I had a buyer who could have gotten it for about 285K but balked. In Spring it would have sold for close to 400K and it would sell for $350K today without much trouble.
November 23, 2008 at 10:46 AM in reply to: North Park: will prices get lower? rent vs wait vs move #308599sdrealtor
Participantthey will be although occassionally a deal pops up that will stand the test of time. Here’s an example, Last Fall there was a 3BR condo in Village Park (Encinitas) that was a probate sale by the estate of the orginal owner. Was about 1500 sq ft, best location in the community with a nice westerly view. Well maintained but needed updating. Sat on the market for a couple weeks when no one was paying attention. Ultimately sold for $300k and I had a buyer who could have gotten it for about 285K but balked. In Spring it would have sold for close to 400K and it would sell for $350K today without much trouble.
sdrealtor
Participantgandalf,
The sun will come up tommorrow, bet your bottom dollar that tommorrow, they’ll be sun……..sdrealtor
Participantgandalf,
The sun will come up tommorrow, bet your bottom dollar that tommorrow, they’ll be sun……..sdrealtor
Participantgandalf,
The sun will come up tommorrow, bet your bottom dollar that tommorrow, they’ll be sun……..sdrealtor
Participantgandalf,
The sun will come up tommorrow, bet your bottom dollar that tommorrow, they’ll be sun…….. -
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