[sdrealtor]

It depends whether there is diplacement or not. I once owned a property that had a cracked slab caused by a large tree too close to the home. There was no displacement (i.e. the height of the slab on botyh sides of the crack was virtually the same). The crack was about 1/2″ wide and 20 ft long. Cost about $1500 to have epoxy pumped in to fill the crack. The engineer that did the preliminary report and recommended the fix said that virtually every slab in SD County has cracks in it which in andf of itself is not a major issue. When the two sides of the slab on each side of the crack start moving in different directions, that is when the fun begins.

[sdrealtor]

yo,
you are over analyzing this. pent up demand infers that there is demand waiting for something to happen. The lack of pent demand is apparent in places like detroit where you literally cannot give a property away at any price. In our case the demand is pent up because of a very real constraint-prices are too high. When prices fall some of that demand is released into the market.

Regarding the cracked slab, that is well and good but irrelvant to point. If the house was habitable (which is is not) there is huge demand for a home like that at that price level. Lower prices release demand that is sitting on the sidelines right now in SD. How much demand is pent up is impossible to assess but cases like this home reveal that it could be pretty substantial in some areas.

[sdrealtor]

yo,
you are over analyzing this. pent up demand infers that there is demand waiting for something to happen. The lack of pent demand is apparent in places like detroit where you literally cannot give a property away at any price. In our case the demand is pent up because of a very real constraint-prices are too high. When prices fall some of that demand is released into the market.

Regarding the cracked slab, that is well and good but irrelvant to point. If the house was habitable (which is is not) there is huge demand for a home like that at that price level. Lower prices release demand that is sitting on the sidelines right now in SD. How much demand is pent up is impossible to assess but cases like this home reveal that it could be pretty substantial in some areas.

[sdrealtor]

yo,
you are over analyzing this. pent up demand infers that there is demand waiting for something to happen. The lack of pent demand is apparent in places like detroit where you literally cannot give a property away at any price. In our case the demand is pent up because of a very real constraint-prices are too high. When prices fall some of that demand is released into the market.

Regarding the cracked slab, that is well and good but irrelvant to point. If the house was habitable (which is is not) there is huge demand for a home like that at that price level. Lower prices release demand that is sitting on the sidelines right now in SD. How much demand is pent up is impossible to assess but cases like this home reveal that it could be pretty substantial in some areas.

[sdrealtor]

yo,
you are over analyzing this. pent up demand infers that there is demand waiting for something to happen. The lack of pent demand is apparent in places like detroit where you literally cannot give a property away at any price. In our case the demand is pent up because of a very real constraint-prices are too high. When prices fall some of that demand is released into the market.

Regarding the cracked slab, that is well and good but irrelvant to point. If the house was habitable (which is is not) there is huge demand for a home like that at that price level. Lower prices release demand that is sitting on the sidelines right now in SD. How much demand is pent up is impossible to assess but cases like this home reveal that it could be pretty substantial in some areas.

[sdrealtor]

yo,
you are over analyzing this. pent up demand infers that there is demand waiting for something to happen. The lack of pent demand is apparent in places like detroit where you literally cannot give a property away at any price. In our case the demand is pent up because of a very real constraint-prices are too high. When prices fall some of that demand is released into the market.

Regarding the cracked slab, that is well and good but irrelvant to point. If the house was habitable (which is is not) there is huge demand for a home like that at that price level. Lower prices release demand that is sitting on the sidelines right now in SD. How much demand is pent up is impossible to assess but cases like this home reveal that it could be pretty substantial in some areas.

[sdrealtor]

Update time!

Nice catch on the trend vis a vis last year LAR.

Short sales 6,711 down from 6,798.

Countywide we are at 17,362 down from 17,539 last week.

Looks like a little seasonal firming up………….

[sdrealtor]

Update time!

Nice catch on the trend vis a vis last year LAR.

Short sales 6,711 down from 6,798.

Countywide we are at 17,362 down from 17,539 last week.

Looks like a little seasonal firming up………….

[sdrealtor]

Update time!

Nice catch on the trend vis a vis last year LAR.

Short sales 6,711 down from 6,798.

Countywide we are at 17,362 down from 17,539 last week.

Looks like a little seasonal firming up………….

[sdrealtor]

Update time!

Nice catch on the trend vis a vis last year LAR.

Short sales 6,711 down from 6,798.

Countywide we are at 17,362 down from 17,539 last week.

Looks like a little seasonal firming up………….

[sdrealtor]

Update time!

Nice catch on the trend vis a vis last year LAR.

Short sales 6,711 down from 6,798.

Countywide we are at 17,362 down from 17,539 last week.

Looks like a little seasonal firming up………….

[sdrealtor]

Interesting.

[sdrealtor]

Interesting.

[sdrealtor]

Interesting.

[sdrealtor]

Interesting.

[Author]

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