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UCGal
ParticipantI live in UC, send my kids to Curie, and follow the rental and sales market here.
There is starting to be a crack in prices – a house on Weller just went pending with a list price of $320k. (Super low for this neighborhood.)
http://www.sdlookup.com/MLS-090060565-6907_Weller_San_Diego_CA_92122
I’ve also seen more and more houses for rent. Just on one stretch of Pavlov there are 3 or 4 “for rent” signs. 2 of those are going through realtors – so they may or may not be on Craigslist. I’ve also seen a lot of “for rent” signs down on and around Robbins.
The rent prices may be negotiable – especially as landlords figure out they have competition.
ParticipantI live in UC, send my kids to Curie, and follow the rental and sales market here.
There is starting to be a crack in prices – a house on Weller just went pending with a list price of $320k. (Super low for this neighborhood.)
http://www.sdlookup.com/MLS-090060565-6907_Weller_San_Diego_CA_92122
I’ve also seen more and more houses for rent. Just on one stretch of Pavlov there are 3 or 4 “for rent” signs. 2 of those are going through realtors – so they may or may not be on Craigslist. I’ve also seen a lot of “for rent” signs down on and around Robbins.
The rent prices may be negotiable – especially as landlords figure out they have competition.
Participant[quote=kev374]Prices of homes on Zillow in South Orange County are skyrocketing. A friend’s house in Tustin Ranch which he paid $680k for in 2007 dropped all the way to a ZEstimate of $530k just a few months ago, current ZEstimate…drum roll please… $692k! WTF!? He is estatic about it!
Even in Las Vegas as everyone else is reporting declines Zillow values have gone up 20%! My cousin’s condo which had dropped severely in value is now only 10% below what he paid for it at the peak in 2006.[/quote]
Is your friend planning to sell?
I don’t get why people thing what zillow says has any value at all unless they are about to list their property. Gains on zillow are “paper” – which can be translated as “non-real”. Until you sell at a firm price – it’s all just smoke and mirrors.It sounds, to some extent, like your friend is basing his net worth on unrealized gains that may never be realized. Zillow values are not the same as cash in the bank.
Participant[quote=kev374]Prices of homes on Zillow in South Orange County are skyrocketing. A friend’s house in Tustin Ranch which he paid $680k for in 2007 dropped all the way to a ZEstimate of $530k just a few months ago, current ZEstimate…drum roll please… $692k! WTF!? He is estatic about it!
Even in Las Vegas as everyone else is reporting declines Zillow values have gone up 20%! My cousin’s condo which had dropped severely in value is now only 10% below what he paid for it at the peak in 2006.[/quote]
Is your friend planning to sell?
I don’t get why people thing what zillow says has any value at all unless they are about to list their property. Gains on zillow are “paper” – which can be translated as “non-real”. Until you sell at a firm price – it’s all just smoke and mirrors.It sounds, to some extent, like your friend is basing his net worth on unrealized gains that may never be realized. Zillow values are not the same as cash in the bank.
Participant[quote=kev374]Prices of homes on Zillow in South Orange County are skyrocketing. A friend’s house in Tustin Ranch which he paid $680k for in 2007 dropped all the way to a ZEstimate of $530k just a few months ago, current ZEstimate…drum roll please… $692k! WTF!? He is estatic about it!
Even in Las Vegas as everyone else is reporting declines Zillow values have gone up 20%! My cousin’s condo which had dropped severely in value is now only 10% below what he paid for it at the peak in 2006.[/quote]
Is your friend planning to sell?
I don’t get why people thing what zillow says has any value at all unless they are about to list their property. Gains on zillow are “paper” – which can be translated as “non-real”. Until you sell at a firm price – it’s all just smoke and mirrors.It sounds, to some extent, like your friend is basing his net worth on unrealized gains that may never be realized. Zillow values are not the same as cash in the bank.
Participant[quote=kev374]Prices of homes on Zillow in South Orange County are skyrocketing. A friend’s house in Tustin Ranch which he paid $680k for in 2007 dropped all the way to a ZEstimate of $530k just a few months ago, current ZEstimate…drum roll please… $692k! WTF!? He is estatic about it!
Even in Las Vegas as everyone else is reporting declines Zillow values have gone up 20%! My cousin’s condo which had dropped severely in value is now only 10% below what he paid for it at the peak in 2006.[/quote]
Is your friend planning to sell?
I don’t get why people thing what zillow says has any value at all unless they are about to list their property. Gains on zillow are “paper” – which can be translated as “non-real”. Until you sell at a firm price – it’s all just smoke and mirrors.It sounds, to some extent, like your friend is basing his net worth on unrealized gains that may never be realized. Zillow values are not the same as cash in the bank.
Participant[quote=kev374]Prices of homes on Zillow in South Orange County are skyrocketing. A friend’s house in Tustin Ranch which he paid $680k for in 2007 dropped all the way to a ZEstimate of $530k just a few months ago, current ZEstimate…drum roll please… $692k! WTF!? He is estatic about it!
Even in Las Vegas as everyone else is reporting declines Zillow values have gone up 20%! My cousin’s condo which had dropped severely in value is now only 10% below what he paid for it at the peak in 2006.[/quote]
Is your friend planning to sell?
I don’t get why people thing what zillow says has any value at all unless they are about to list their property. Gains on zillow are “paper” – which can be translated as “non-real”. Until you sell at a firm price – it’s all just smoke and mirrors.It sounds, to some extent, like your friend is basing his net worth on unrealized gains that may never be realized. Zillow values are not the same as cash in the bank.
ParticipantTo the OP –
Can you add more square footage to your existing home? That seems to be the appropriate compromise. It’s a lousy time to sell and there’s potential risk to buying at this point. Can you make the home you already have a home you can stay in long term?ParticipantTo the OP –
Can you add more square footage to your existing home? That seems to be the appropriate compromise. It’s a lousy time to sell and there’s potential risk to buying at this point. Can you make the home you already have a home you can stay in long term?ParticipantTo the OP –
Can you add more square footage to your existing home? That seems to be the appropriate compromise. It’s a lousy time to sell and there’s potential risk to buying at this point. Can you make the home you already have a home you can stay in long term?ParticipantTo the OP –
Can you add more square footage to your existing home? That seems to be the appropriate compromise. It’s a lousy time to sell and there’s potential risk to buying at this point. Can you make the home you already have a home you can stay in long term?ParticipantTo the OP –
Can you add more square footage to your existing home? That seems to be the appropriate compromise. It’s a lousy time to sell and there’s potential risk to buying at this point. Can you make the home you already have a home you can stay in long term?ParticipantOn the subject of demographics…
Not all 40-59 year olds have kids in high school or older.
I’m a “senior mom” – 48 with a 6yo and 8yo. And while I’m one of the older moms at Curie – I have plenty of company of moms and dads in their early to mid 40’s with kids in 1st grade.
I have quite a few friends in Scripps Ranch. Several are in the same boat as me – older moms with young kids.
You can’t determine the age of the child based strictly on assumptions that parents reproduce only in their late 20’s early 30’s… too many exceptions to that rule. Even more so when the parents are highly educated with strong careers.
ParticipantOn the subject of demographics…
Not all 40-59 year olds have kids in high school or older.
I’m a “senior mom” – 48 with a 6yo and 8yo. And while I’m one of the older moms at Curie – I have plenty of company of moms and dads in their early to mid 40’s with kids in 1st grade.
I have quite a few friends in Scripps Ranch. Several are in the same boat as me – older moms with young kids.
You can’t determine the age of the child based strictly on assumptions that parents reproduce only in their late 20’s early 30’s… too many exceptions to that rule. Even more so when the parents are highly educated with strong careers.
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