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sdrealtor
ParticipantUpdate time!
Short sales 5,121,up from 4,999 last week. Still no end in sight here.
Countywide we are at 19,602 down from 19,715. I dont know if 2 weeks of declines is the start of the seasonal decline or a temporary blip. Something to watch.
sdrealtor
ParticipantIt cost me nothing to set up and it costs me nothing to hold. I wanted access to a couple hundred grand just in case. It helps me sleep well knowing I could whip out a check book and write a huge check at a moments notice without liquidating long term assets if the need or opportunity arose where I needed to.
FWIW, the rate on it is Prime minus 1%.
sdrealtor
ParticipantIt cost me nothing to set up and it costs me nothing to hold. I wanted access to a couple hundred grand just in case. It helps me sleep well knowing I could whip out a check book and write a huge check at a moments notice without liquidating long term assets if the need or opportunity arose where I needed to.
FWIW, the rate on it is Prime minus 1%.
sdrealtor
ParticipantThere is no way of knowing what that 150K loan is. It could be a HELOC with a zero balance. I have one of them.
sdrealtor
ParticipantThere is no way of knowing what that 150K loan is. It could be a HELOC with a zero balance. I have one of them.
October 12, 2007 at 8:04 PM in reply to: how big of a mortgage will i be able to afford if ……. #88617sdrealtor
ParticipantFWIW,
I think you are shooting way to low on the income side. I own a couple side businesses one of which is in SD. Our receptionist/office manager makes about 30K with full health benefits, 2 weeks vacation, 3 personal days, 6 paid holidays and a gym membership. If you can walk, chew gum, operate a computer and actually show up for work everyday you should have no problem making 30K a year each out here.October 12, 2007 at 8:04 PM in reply to: how big of a mortgage will i be able to afford if ……. #88624sdrealtor
ParticipantFWIW,
I think you are shooting way to low on the income side. I own a couple side businesses one of which is in SD. Our receptionist/office manager makes about 30K with full health benefits, 2 weeks vacation, 3 personal days, 6 paid holidays and a gym membership. If you can walk, chew gum, operate a computer and actually show up for work everyday you should have no problem making 30K a year each out here.sdrealtor
ParticipantI’m flying to Puerto Vallarta in December for a family vacation and the flights were actually $250 cheaper person than from any other airport in SoCal between SD and LAX. Best of all, free parking, no waiting for luggage on return and back home in 5 to 10 minutes. We love that airport.
BTW, when Bressi opened my wife and I went for a look. When we got out of our car we stood in parking lot for 5 minutes. There was a plane coming in nearly every 30 seconds. We didnt even bother to go into the models after that. How could they not have known?
sdrealtor
ParticipantI’m flying to Puerto Vallarta in December for a family vacation and the flights were actually $250 cheaper person than from any other airport in SoCal between SD and LAX. Best of all, free parking, no waiting for luggage on return and back home in 5 to 10 minutes. We love that airport.
BTW, when Bressi opened my wife and I went for a look. When we got out of our car we stood in parking lot for 5 minutes. There was a plane coming in nearly every 30 seconds. We didnt even bother to go into the models after that. How could they not have known?
October 11, 2007 at 3:54 PM in reply to: Now back to our regularly scheduled programming on NOD’s #88207sdrealtor
ParticipantThe NOD list from my Title rep this week was 162 pages long which is a considerable jump in size. The number of NOD’s in the lower income areas (Chula Vista, National City, El Cajon, Escondido, Oceanside etc.) is simply staggering. The more desireable areas continue to have very few NOD’s.
October 11, 2007 at 3:54 PM in reply to: Now back to our regularly scheduled programming on NOD’s #88211sdrealtor
ParticipantThe NOD list from my Title rep this week was 162 pages long which is a considerable jump in size. The number of NOD’s in the lower income areas (Chula Vista, National City, El Cajon, Escondido, Oceanside etc.) is simply staggering. The more desireable areas continue to have very few NOD’s.
October 9, 2007 at 2:56 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87612sdrealtor
Participantartifact,
great graph. The interesting thing I took away is that highest recordly sales during a given month were between July 2003 and Feb 2004 when the majority of the appreciation occurred. Seems kinda obvious but still nice to see it graphically.October 9, 2007 at 2:56 PM in reply to: Sandicor MLS Statics are out and it really ain’t pretty #87617sdrealtor
Participantartifact,
great graph. The interesting thing I took away is that highest recordly sales during a given month were between July 2003 and Feb 2004 when the majority of the appreciation occurred. Seems kinda obvious but still nice to see it graphically.sdrealtor
ParticipantUpdate time!
I ran the numbers last week but misplaced them. Sorry folks.Short sales 4,999 up from 4,653 two weeks ago. Still no end in sight here.
Countywide we are at 19,715, down a little from 19,777 two weeks ago.
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