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August 1, 2007 at 3:20 PM in reply to: Help from Realtors: what’s my friend’s house worth now? #69294
sdrealtor
ParticipantUpdate:
I disagree. In that part of CV there isnt anything on the market today with at least 4BR/3BA and 2400 sq ft under $950,000.
Now there isnt anything under $1M.
There is a 4BR/3BA/2 car gar 2438 sf home with 1200 in Mello Roos in escrow with a range of 850 to 875 that sold in 4 days. My guess is they got 875K.
Still pending
There is a 5BR/3ba/3 car gar 2828 sq ft in escrow with a range of 899 to 999 that backed to a pretty busy street (Which is a KILLER!) and sold in 94 days.
Just closed today for 925,000. (In my experience a location like this backing to a busy street costs the seller $50,000 to $100,000)
There is a 5BR/3.5ba/3 car gar 3109 sf in escrow with a range of 950 to 1.05M after only 11 days. My guess would be $1M plus.
Closed for $1,050,000 a couple weeks ago.
I’m still pretty comfortable with my valuation.
August 1, 2007 at 3:20 PM in reply to: Help from Realtors: what’s my friend’s house worth now? #69366ParticipantUpdate:
I disagree. In that part of CV there isnt anything on the market today with at least 4BR/3BA and 2400 sq ft under $950,000.
Now there isnt anything under $1M.
There is a 4BR/3BA/2 car gar 2438 sf home with 1200 in Mello Roos in escrow with a range of 850 to 875 that sold in 4 days. My guess is they got 875K.
Still pending
There is a 5BR/3ba/3 car gar 2828 sq ft in escrow with a range of 899 to 999 that backed to a pretty busy street (Which is a KILLER!) and sold in 94 days.
Just closed today for 925,000. (In my experience a location like this backing to a busy street costs the seller $50,000 to $100,000)
There is a 5BR/3.5ba/3 car gar 3109 sf in escrow with a range of 950 to 1.05M after only 11 days. My guess would be $1M plus.
Closed for $1,050,000 a couple weeks ago.
I’m still pretty comfortable with my valuation.
ParticipantMid week update: Just took a quick look to see if inventory has peaked. Inventory is already down close to 200 homes in 2 days while short sales are essentially flat (down by 6). Everything seem sto be going as expected. Next weeks report will be interesting.
ParticipantMid week update: Just took a quick look to see if inventory has peaked. Inventory is already down close to 200 homes in 2 days while short sales are essentially flat (down by 6). Everything seem sto be going as expected. Next weeks report will be interesting.
ParticipantDes Moines = Encinitas?
ParticipantDes Moines = Encinitas?
ParticipantI dont believe there is anything wrong with requiring you to get approved with a designated mortgage broker. There is a difference between that and requiring you to actually use that lender. There are so many crappy lenders out there, I ask them to do the same if I have concerns about their qualifications.
ParticipantI dont believe there is anything wrong with requiring you to get approved with a designated mortgage broker. There is a difference between that and requiring you to actually use that lender. There are so many crappy lenders out there, I ask them to do the same if I have concerns about their qualifications.
ParticipantFYI, Be prepared for very old townhomes in Encinitas. Based upon what you described you are looking for there is nothing that will be under 25 years old.
ParticipantFYI, Be prepared for very old townhomes in Encinitas. Based upon what you described you are looking for there is nothing that will be under 25 years old.
ParticipantI am starting to see some signs of chunkiness from the only place I can see it coming, the lenders. The good REO guys are getting the lenders attention these days and pricing to sell. I know of a couple REO properties that had 7 offers last week because they were truly priced to sell. In certain areas these will become the market. However, in most of the areas I work there is very little REO activity and what little there is can sell near retail.
ParticipantI am starting to see some signs of chunkiness from the only place I can see it coming, the lenders. The good REO guys are getting the lenders attention these days and pricing to sell. I know of a couple REO properties that had 7 offers last week because they were truly priced to sell. In certain areas these will become the market. However, in most of the areas I work there is very little REO activity and what little there is can sell near retail.
Participant“Got Fraud?”
Participant“Got Fraud?”
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