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sdrealtor
ParticipantJWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.
sdrealtor
ParticipantJWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.
sdrealtor
ParticipantJWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.
sdrealtor
ParticipantJWM
Quite to the contrary a substantial decline in prices would be great for me. The quicker the better. First, I have the assets, income and knowledge to exploit the heck out of a market at its bottom. Second, lower prices will ultimately increase sales volume and create another huge income stream to me selling investment properties and homes to my personal network.As for being in full flame mode, you guys know how much more I have. I just calling a spade a spade here. We all are on the same boat as to where we think the market is heading. We just differ in where we think we are now and how fast we’ll get to where were going.
November 5, 2007 at 10:15 PM in reply to: How serious is the seller with the bottom of the listing range? #96118sdrealtor
ParticipantIf i take 290K and compound it by 4% inflation/appreciation per year I get 400k after 8 years. If you beleive your friend paid a fair price in 2000, this one wouldnt seem to be all that far off getting back in line.
November 5, 2007 at 10:15 PM in reply to: How serious is the seller with the bottom of the listing range? #96181sdrealtor
ParticipantIf i take 290K and compound it by 4% inflation/appreciation per year I get 400k after 8 years. If you beleive your friend paid a fair price in 2000, this one wouldnt seem to be all that far off getting back in line.
November 5, 2007 at 10:15 PM in reply to: How serious is the seller with the bottom of the listing range? #96187sdrealtor
ParticipantIf i take 290K and compound it by 4% inflation/appreciation per year I get 400k after 8 years. If you beleive your friend paid a fair price in 2000, this one wouldnt seem to be all that far off getting back in line.
November 5, 2007 at 10:15 PM in reply to: How serious is the seller with the bottom of the listing range? #96196sdrealtor
ParticipantIf i take 290K and compound it by 4% inflation/appreciation per year I get 400k after 8 years. If you beleive your friend paid a fair price in 2000, this one wouldnt seem to be all that far off getting back in line.
sdrealtor
ParticipantHuh? Didnt miss the Camino verde pending? Of course you did. You took a short cut and searched by subdivision rather than searching by zip and pulling out the applicable comps by street name which caused you to miss it.
As for not being at 2003 prices, my point is that there is no such thing. Prices changed so dramatically throughout 2003 that you need to refer to a specific month or at least season in 2003 when refering to pricing levels. Much of North County and I suspect the rest of the county is seeing sales at prices we last saw in late 2003. That of course is nowhere near early 2003 prices.
Finally, two comps in the last 60 days is hardly low volume. In fact with the pendings its pretty darn high volume.
sdrealtor
ParticipantHuh? Didnt miss the Camino verde pending? Of course you did. You took a short cut and searched by subdivision rather than searching by zip and pulling out the applicable comps by street name which caused you to miss it.
As for not being at 2003 prices, my point is that there is no such thing. Prices changed so dramatically throughout 2003 that you need to refer to a specific month or at least season in 2003 when refering to pricing levels. Much of North County and I suspect the rest of the county is seeing sales at prices we last saw in late 2003. That of course is nowhere near early 2003 prices.
Finally, two comps in the last 60 days is hardly low volume. In fact with the pendings its pretty darn high volume.
sdrealtor
ParticipantHuh? Didnt miss the Camino verde pending? Of course you did. You took a short cut and searched by subdivision rather than searching by zip and pulling out the applicable comps by street name which caused you to miss it.
As for not being at 2003 prices, my point is that there is no such thing. Prices changed so dramatically throughout 2003 that you need to refer to a specific month or at least season in 2003 when refering to pricing levels. Much of North County and I suspect the rest of the county is seeing sales at prices we last saw in late 2003. That of course is nowhere near early 2003 prices.
Finally, two comps in the last 60 days is hardly low volume. In fact with the pendings its pretty darn high volume.
sdrealtor
ParticipantHuh? Didnt miss the Camino verde pending? Of course you did. You took a short cut and searched by subdivision rather than searching by zip and pulling out the applicable comps by street name which caused you to miss it.
As for not being at 2003 prices, my point is that there is no such thing. Prices changed so dramatically throughout 2003 that you need to refer to a specific month or at least season in 2003 when refering to pricing levels. Much of North County and I suspect the rest of the county is seeing sales at prices we last saw in late 2003. That of course is nowhere near early 2003 prices.
Finally, two comps in the last 60 days is hardly low volume. In fact with the pendings its pretty darn high volume.
sdrealtor
ParticipantUpdate time!
Short sales 5,333 up from 5,231 last week. Another smaller increase.
Countywide we are at 19,118 down from 19,266 down. Now 5 weeks in a row into the seasonal decline.
sdrealtor
ParticipantUpdate time!
Short sales 5,333 up from 5,231 last week. Another smaller increase.
Countywide we are at 19,118 down from 19,266 down. Now 5 weeks in a row into the seasonal decline.
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