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sdrealtor
ParticipantWhile I dont think celebrity/ex-pro atheletes will suport this market I have seen several buy in my area. It’s not just superstars buying in RSF. For example, an Academy award winning actor bought a relatively modest house in La Costa Oaks. A recently retired former NFL Pro Bowl player bought in Arroyo Vista. A current journeyman infielder now starting in the NL recently bought in Encinitas Ranch. These are just a few that I know of but its interesting that they bought essentially cookie cutter homes in planned community tracts. It surprised me that they bought where they did and I’m sure it will surprise a few of you.
August 8, 2007 at 10:44 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71807ParticipantR,
Sounds like you are back on the Big Chunk side aftera brief period of uncertainty. After seeing all the events of the last few weeks I remain on the slow decline side based upon the stubborness of sellers to accept less.Anote from the field: I submitted a cash offer on a property last week that IMO was 20K higher than I thought it should have been. After a few weeks of low offers my client grew impatient and said just give them what they want. The seller came back with some wacky conditions as if it was 2004 which pissed my buyer off and convinced them to renew their less for another 6 to 12 months which I have been begging them to do. It felt good to tell the seller and agent to take a flying leap.
sdr
August 8, 2007 at 10:44 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71924ParticipantR,
Sounds like you are back on the Big Chunk side aftera brief period of uncertainty. After seeing all the events of the last few weeks I remain on the slow decline side based upon the stubborness of sellers to accept less.Anote from the field: I submitted a cash offer on a property last week that IMO was 20K higher than I thought it should have been. After a few weeks of low offers my client grew impatient and said just give them what they want. The seller came back with some wacky conditions as if it was 2004 which pissed my buyer off and convinced them to renew their less for another 6 to 12 months which I have been begging them to do. It felt good to tell the seller and agent to take a flying leap.
sdr
August 8, 2007 at 10:44 AM in reply to: Slow decline or is a big chunk about to be ripped out? #71934ParticipantR,
Sounds like you are back on the Big Chunk side aftera brief period of uncertainty. After seeing all the events of the last few weeks I remain on the slow decline side based upon the stubborness of sellers to accept less.Anote from the field: I submitted a cash offer on a property last week that IMO was 20K higher than I thought it should have been. After a few weeks of low offers my client grew impatient and said just give them what they want. The seller came back with some wacky conditions as if it was 2004 which pissed my buyer off and convinced them to renew their less for another 6 to 12 months which I have been begging them to do. It felt good to tell the seller and agent to take a flying leap.
sdr
ParticipantHaving lived and worked in NYC I can wholeheartedly agree there is absolutely no comparison. It is rather silly even to bring that up as a comparison. However, all of San Diego is not souless and impersonal. Sure places like Carmel Valley are, which is why I dont like it there in spite of the fabulous location. However, the beach communities like Del Mar, Solana Beach and paticularly Encinitas (Cardiff, Olde Encinitas and Leucadia) are very soulful places.
ParticipantHaving lived and worked in NYC I can wholeheartedly agree there is absolutely no comparison. It is rather silly even to bring that up as a comparison. However, all of San Diego is not souless and impersonal. Sure places like Carmel Valley are, which is why I dont like it there in spite of the fabulous location. However, the beach communities like Del Mar, Solana Beach and paticularly Encinitas (Cardiff, Olde Encinitas and Leucadia) are very soulful places.
ParticipantHaving lived and worked in NYC I can wholeheartedly agree there is absolutely no comparison. It is rather silly even to bring that up as a comparison. However, all of San Diego is not souless and impersonal. Sure places like Carmel Valley are, which is why I dont like it there in spite of the fabulous location. However, the beach communities like Del Mar, Solana Beach and paticularly Encinitas (Cardiff, Olde Encinitas and Leucadia) are very soulful places.
ParticipantOzman,
Congrats on selling your other house. You got a pretty good price too. Even though the prices are a bit lower in your hood this year, homes are definitely selling much better than last year. With 29 closed sales and 11 in escrow its well ahead of the 34 sales last year. I wouldnt be surprised to see the closing reach 50 by 12/31.sdr
ParticipantOzman,
Congrats on selling your other house. You got a pretty good price too. Even though the prices are a bit lower in your hood this year, homes are definitely selling much better than last year. With 29 closed sales and 11 in escrow its well ahead of the 34 sales last year. I wouldnt be surprised to see the closing reach 50 by 12/31.sdr
ParticipantOzman,
Congrats on selling your other house. You got a pretty good price too. Even though the prices are a bit lower in your hood this year, homes are definitely selling much better than last year. With 29 closed sales and 11 in escrow its well ahead of the 34 sales last year. I wouldnt be surprised to see the closing reach 50 by 12/31.sdr
Participantgotcha, jus checkin
Participantgotcha, jus checkin
Participantgotcha, jus checkin
ParticipantJWM
Dont know if that was directed at me but if it was. IMO House prices not only CAN go down, they HAVE gone down and WILL continue to go down for the next few years. The only thing I am uncertain of is how far and hopw fast.sdr
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