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August 8, 2022 at 12:12 PM in reply to: East County SD v St George for gzz’s budget McMansion lifestyle #826518
sdrealtor
Participant[quote=scaredyclassic]In the film THE USUAL SUSPECTS, when some bad guys threaten to kill another bad guys family in front of him, he responds by shooting his own family himself.
Now that’s negotiation.
There is great value in a strong position, even if not entirely rational.[/quote]
Keyser Soze
August 8, 2022 at 12:11 PM in reply to: East County SD v St George for gzz’s budget McMansion lifestyle #826517ParticipantIts not a thingamabob. It’s a home for his family. Quite a difference. I’ve been doing this more than two decades and see it over and over. People don’t live in thingamabobs
August 8, 2022 at 9:48 AM in reply to: East County SD v St George for gzz’s budget McMansion lifestyle #826513Participant[quote=teaboy][quote=an]If you are willing to walk away from a deal because of 1%,then either you can’t afford it or you didn’t really want it.[/quote]
If you’d pay 1% more, then why not 2% more? If you’d pay 2% more, then why not 3% more, etc, etc, etc…
At some point you need to assess your BATNA, or draw a line somewhere, however arbitrary it may seem.
So, I reject your hypotheses, an & sdrealtor!
Amirite?
tband congrats on sealing the deal, gzz.[/quote]
You are missing the point. There is a difference between 1,2 and 3 % but coming here and bragging about his negotiation just says two things. He doesn’t really love the house and feeling like a winner is more important than getting the right house for his family. I’ve done this before many times. 50/50 he ends up walking away.
August 8, 2022 at 8:48 AM in reply to: East County SD v St George for gzz’s budget McMansion lifestyle #826510ParticipantHeavy odds favoring cancellation
ParticipantI y’am what I y’am yet so much more
August 6, 2022 at 11:59 PM in reply to: East County SD v St George for gzz’s budget McMansion lifestyle #826500Participant[quote=barnaby33]It depends, 1% of what?
Josh[/quote]No it doesn’t if it’s something you want. Let’s say it’s a 61 Haut Brion with pristine provenance. You think it’s worth $3000, you have the money and you’re willing to spend that. The guy says $3030 or no deal! Are you walking away? Really?
This is a situation of somebody trying to prove they are smart or they are right, not somebody looking to buy something they really want. Buy the bottle, drink the wine.
ParticipantNew listings 7 (11)
New Pendings of 7 (12)
Closed sales at 6 (8)
Inventory at 41 (18) with median of 979K (875K)
Looking back inventory here has been more or less flat for 4 weeks.
ParticipantCan’t believe it’s taken me this long to post this. Love this song and listen to it often.
One way you’d leave this town….
Participant[quote=EconProf]To an and others:
I googled “Is San Diego gaining or losing population?”
It reported a decline of 11,183 from the previous year, as of May, this year, and this was reported in the SDUT, LA Times, VOSD, etc. in May and March of this year. an quoted UN statistics which seemed to be a projection of previous years’ trends, when population was clearly growing. You can trust in UN estimates if you want–I trust local sources.
As sdr suggests, we don’t know if this is COVID inspired and thus temporary. Speaking of COVID, the work-from-home trend may be prompting the exodus from CA to less expensive locales. We also don’t know if it includes illegals or not (footnote: one source said SD had the third highest number of homeless of US cities).
What is clear is that San Diego’s competing cities in Arizona, Nevada, Texas, etc. are growing rapidly, as are their RE values. People (and companies) are voting with their feet.[/quote]Were growing not are. Things change fast and those three markets are among the hardest hit over the last few months
Participant[quote=Coronita]F50…
Bingo![/quote]
There is no F’in BINGO in San Diego
Participant[quote=EconProf]Some weeks ago I suggested that this thread, 1 1/2 years old and now 13 pages long, should die a natural death, and I would try to refrain from commenting further. But like a zombie, it keeps on coming back.
But I must correct a couple of commentators that suggest San Diego is not losing population. As reported in early May, it lost 11,183 people from July, 2020 to July 2021. You can google it for the various news sources.
That’s population declining for the past two years.
For the longest time, San Diego was gaining population while the crappier cities of Los Angeles and the Bay area were losing.
No longer. I suggest the factors causing this sea change are only just beginning. Implications for real estate values in San Diego vs. comparable cities of AZ, Texas, Utah, Nevada, Florida–you be the judge.[/quote]ZombieProf is back!
This thread is about more than you and SG it is about the constant stream of decades long prognostications about the demise of CA. And yes lots of people left SD during the pandemic. I hope most of thoise youngsters are enjoying life in their parents basement back in the Midwest. Because of them my wait at the coffee shop is an extra 3 minutes each morning
Participant$550K drop. which seems like time to go quick. One thing i explain to clients is that upgrades are “consumed by time”. Today’s model home is an overly ornate dated home in 20 years and those upgrades often have little to no value anymore in many cases
July 29, 2022 at 9:42 AM in reply to: My “suburban compound” search so far: leaning toward Rancho SD. #826462ParticipantFallbrook? One of my good buds lives off Knottwood. Nice spot
July 29, 2022 at 7:22 AM in reply to: My “suburban compound” search so far: leaning toward Rancho SD. #826460ParticipantLook forward to watching:
“Nezzting in Rancho San Diego” (2022)
and the inevitable sequel
“Fleeing Rancho ZZan Diego” (2024)
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