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sdrealtor
ParticipantIt’s all over the board. Two years people were offering over the range. Now it really depends upon what the comps say, how the range was set and how agressive the buyer is. Personally I dont know why anyone would offer over the low end of the range in this market when the seller is effectively saying its OK to offer me the low end. It’s a real mess and minimizes the usefulness of any stats based upon asking prices.
ParticipantMe thinks the source was me….
ParticipantPS,
I was just curious as to what your source was. I’ve said over and over that they’ve fallen 5 to 10% already in mnay places. I just havent seen any stats published yet. The stats you provided really don’t substantiate it. Don’t worry though…..it’s comingParticipantThanks and its good to know but I’m a conservative guy and its my policy.
ParticipantI guess I missed the part where she said “her former landlord” which would be the past tense you speak of not the present tense reference she made to “my landlord”
As clairvoyant (sp?) as I am, I have no way of knowing whether she moved in the month.
Attention to detail………
ParticipantI forgot my password and was unable to log-in. When I signed up I used a false email to protect identity. Just remembered the password so I can use the old account.
As I have said in the past, it’s nothing I can put my finger on statistically but rather the feeling among my peer group (professionals with incomes between 100K to 200K) that we could afford the payments based upon conservative 30 yr financing on homes we liked.
I’ll get to part 1 when I have time…sorry but I’m swamped
ParticipantFunny! I thought she said “They represented me in my case against my landlord who illegally kept my deposit. I won.”
That sounds like a problem to me. I guess you some sort of mind link with her that allows you to understand what she means instead of what she writes.
ParticipantWe are waiting with baited breathe
BTW, i’m finally starting to see agents and sellers understand what is happening. Finally! But they are just starting to adjust their expectations and will likely chase it down.
ParticipantFrom what I have seen rentals could rise modestly but that wont be the problem. The problem will be finding a good one. Rising demand will scoop up the good properties but there just isnt alot of room for rents to skyrocket.
ParticipantNo you cant…not even close. But soon you’ll be able to buy one in Menifee under $400,000.
ParticipantNo you cant…not even close. But soon you’ll be able to buy one in Menifee under $400,000.
ParticipantNo you cant…not even close. But soon you’ll be able to buy on in Menifee under $400,000.
ParticipantIt depends on the house. Most likely they may have gotten past a construction deadline whereby they had to make upgrade choices (i.e. flooring). The increase in pricing is likely the cost of the flooring they added. I heard a story about someone that walked into the Bay Collection and negotiated $120K off the asking price, $40K for a landscapin allowance and $15K credit if they use Standard Pacifics in house lender. The key is the house has to be ready for occupancy with 30 to 45 days. Builders do not want to hold onto standing inventory.
Negotiate every thing you can. Dont be afraid to walk out the door and leave your number.
ParticipantIf the house is built and ready for occupancy within 30 to 45 days you can negotiate big time deals!
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