[sdrealtor]

HOA ranges from $80 to $160 depending upon which neighborhood with the higher fees for the gated areas. The $80 would be low if you got something for it other than maintenance of common areas.

Mello Roos range from just under $2000/year to over $5000/year. OUCH!!!

BTW, They already expanded the road out of SEH to the west. Eventually you will be able to get out to the Northeast via Twin Oaks. No help if your commuting South but it might ease up some of the traffic.

[sdrealtor]

What’s rain?

[sdrealtor]

There are probably close to 100 resale properties for sale there if not more. there is also lots of new construction. My guess is that SEH will be the foreclosure capital of Coastal North county.

[sdrealtor]

Prices are down there too. Here’s a good example on the low end of Aviara which is Tramonto. There is a 4BR/3BA 2323 sq ft house on the market right now for $660,000 which has been on the market about 2 months. The same house sold in for $690,000 in July 2004 in 21 days. When it sells it will be 5 to 10% below the price it sold for about 2 1/2 years ago.

[sdrealtor]

NCJim,
Since 7/15 here is what has happened.

25,450 properties listed (many are re-lists)

10,380 properties went pending (about 60% of these have already closed)

9,207 expired (these either relist or give-up for now)

6,706 cancelled (these either re-list often w/ another agent or give up)

2,838 withdrawn (these have given up for now or have a personal reason to come off the market for a while)

Have at it!

[sdrealtor]

The discrepancy is probably how they are searching. The MLS has alot of listings outside of SD County. When I searched I searched only those in SD County which is a little tricky to do. Bubble tracking probably has alot of inventory outside of SD County.

NCJim,
I’ll have to think about that one for alittle to see how I can figure that one out.

[sdrealtor]

206 and counting. Thats another 14% increase in a week. BTW, total SD County listings for attached and detached properties are down to 18,481 (down from 18,853 last week) which is a drop of about 21.5% from peak inventory (approx 23,500). I think we’ll get down to 15,000 or less in the next 30 days.

[sdrealtor]

Call me crazy but anyone who spends 80K on a car is nuts unless they have way too much money. In that case they should have too much money to spend and should be buying real estate too. HMMMMMMM…..Note to self: Hang out at Lexus/BMW dealerships.

[sdrealtor]

Very Busy day. How about tommorrow…

[sdrealtor]

The high flyers in the article were in the business 2 years or less. Not what I’d call high flyers but who am I to say.

[sdrealtor]

Not that I don’t love you all but on weekends I’m either working or playing with my kids. These days I’m also very busy with a start-up business for my wife. Sorry.

Have a blast!

SDR

[sdrealtor]

That explains alot!;)

[sdrealtor]

Its amazing that they always run short on supply when they release these new game consoles around the holidays. BTW, calling it a house is an understatement too, it’s a human security, comfort and enjoyment shelter system;)

[sdrealtor]

And even though they know with certainty that they can buy one in a couple months for about $500 they still pay a huge price to have one today. It defintely sheds an interesting light on housing prices for which there are no certainties.

[sdrealtor]

AN,
You are the exception to the rule and perhaps even exceptional. It is likely that those around you are like yourself, but understand you are basing your ideas on a very biased sample and limited view of the world. Mid-20’s homebuyers are not common and never were around here even b4 the bubble.

[Author]

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