[urbanrealtor]

[quote=jpinpb]Maybe I’m the only one that thinks this, but I think under 500k is appealing to a greater populus in San Diego, hence more competition. I have noticed higher than 650k, properties have less offers and are on the market for much longer. I’m speaking of just the ZIPs I’m watching in this regard.

I personally can deal w/that particular small house only b/c the lot was so big and expansive and private that it didn’t seem as claustrophobic. I can always put a shed back there and store things. But the extra bath was really the deal breaker. For that price, I wanted that extra bath. So by the time I added the bath, it just didn’t make sense at that price for me.

I’m over it. I have seen other things that people are justified in crying over the loss and this isn’t it.[/quote]
The 500k mark is major point of cleavage in the way people buy.
You are totally right.

[urbanrealtor]

[quote=jpinpb]Maybe I’m the only one that thinks this, but I think under 500k is appealing to a greater populus in San Diego, hence more competition. I have noticed higher than 650k, properties have less offers and are on the market for much longer. I’m speaking of just the ZIPs I’m watching in this regard.

I personally can deal w/that particular small house only b/c the lot was so big and expansive and private that it didn’t seem as claustrophobic. I can always put a shed back there and store things. But the extra bath was really the deal breaker. For that price, I wanted that extra bath. So by the time I added the bath, it just didn’t make sense at that price for me.

I’m over it. I have seen other things that people are justified in crying over the loss and this isn’t it.[/quote]
The 500k mark is major point of cleavage in the way people buy.
You are totally right.

[urbanrealtor]

[quote=CA renter][quote=Scarlett]CA R, you and I should get together for a drink… I totally feel and share your frustrations.[/quote]

jpinpb and I were saying this on another thread…it’s time for another get-together!

At least there’s one good thing to come of this mess — meeting great people from these blogs. :)[/quote]

I like JP.
She is smart and purty.

Anyhoo, I have had this conversation with like 10 of my short sale clients.

Most just opt to rent the place out and be up front with the tenants (there is no real downside for the tenants) and put the deposit in a broker trust (usually mine).
The tenants are stoked at usually a cheap rent (without the deposit at risk) and the landlords are stoked at getting money without paying mortgage.

And in case you are wondering, this does not qualify as skimming as long as the landlord has title and has had title for at least one year.

In all fairness, it kinda sucks for the banks but they put themselves in this position.

They are the only ones acting irrationally as they delay short sales.

[urbanrealtor]

[quote=CA renter][quote=Scarlett]CA R, you and I should get together for a drink… I totally feel and share your frustrations.[/quote]

jpinpb and I were saying this on another thread…it’s time for another get-together!

At least there’s one good thing to come of this mess — meeting great people from these blogs. :)[/quote]

I like JP.
She is smart and purty.

Anyhoo, I have had this conversation with like 10 of my short sale clients.

Most just opt to rent the place out and be up front with the tenants (there is no real downside for the tenants) and put the deposit in a broker trust (usually mine).
The tenants are stoked at usually a cheap rent (without the deposit at risk) and the landlords are stoked at getting money without paying mortgage.

And in case you are wondering, this does not qualify as skimming as long as the landlord has title and has had title for at least one year.

In all fairness, it kinda sucks for the banks but they put themselves in this position.

They are the only ones acting irrationally as they delay short sales.

[urbanrealtor]

[quote=CA renter][quote=Scarlett]CA R, you and I should get together for a drink… I totally feel and share your frustrations.[/quote]

jpinpb and I were saying this on another thread…it’s time for another get-together!

At least there’s one good thing to come of this mess — meeting great people from these blogs. :)[/quote]

I like JP.
She is smart and purty.

Anyhoo, I have had this conversation with like 10 of my short sale clients.

Most just opt to rent the place out and be up front with the tenants (there is no real downside for the tenants) and put the deposit in a broker trust (usually mine).
The tenants are stoked at usually a cheap rent (without the deposit at risk) and the landlords are stoked at getting money without paying mortgage.

And in case you are wondering, this does not qualify as skimming as long as the landlord has title and has had title for at least one year.

In all fairness, it kinda sucks for the banks but they put themselves in this position.

They are the only ones acting irrationally as they delay short sales.

[urbanrealtor]

[quote=CA renter][quote=Scarlett]CA R, you and I should get together for a drink… I totally feel and share your frustrations.[/quote]

jpinpb and I were saying this on another thread…it’s time for another get-together!

At least there’s one good thing to come of this mess — meeting great people from these blogs. :)[/quote]

I like JP.
She is smart and purty.

Anyhoo, I have had this conversation with like 10 of my short sale clients.

Most just opt to rent the place out and be up front with the tenants (there is no real downside for the tenants) and put the deposit in a broker trust (usually mine).
The tenants are stoked at usually a cheap rent (without the deposit at risk) and the landlords are stoked at getting money without paying mortgage.

And in case you are wondering, this does not qualify as skimming as long as the landlord has title and has had title for at least one year.

In all fairness, it kinda sucks for the banks but they put themselves in this position.

They are the only ones acting irrationally as they delay short sales.

[urbanrealtor]

[quote=CA renter][quote=Scarlett]CA R, you and I should get together for a drink… I totally feel and share your frustrations.[/quote]

jpinpb and I were saying this on another thread…it’s time for another get-together!

At least there’s one good thing to come of this mess — meeting great people from these blogs. :)[/quote]

I like JP.
She is smart and purty.

Anyhoo, I have had this conversation with like 10 of my short sale clients.

Most just opt to rent the place out and be up front with the tenants (there is no real downside for the tenants) and put the deposit in a broker trust (usually mine).
The tenants are stoked at usually a cheap rent (without the deposit at risk) and the landlords are stoked at getting money without paying mortgage.

And in case you are wondering, this does not qualify as skimming as long as the landlord has title and has had title for at least one year.

In all fairness, it kinda sucks for the banks but they put themselves in this position.

They are the only ones acting irrationally as they delay short sales.

[urbanrealtor]

You liberals always try to categorize everything.
I’ll teabag you.

[urbanrealtor]

You liberals always try to categorize everything.
I’ll teabag you.

[urbanrealtor]

You liberals always try to categorize everything.
I’ll teabag you.

[urbanrealtor]

You liberals always try to categorize everything.
I’ll teabag you.

[urbanrealtor]

You liberals always try to categorize everything.
I’ll teabag you.

[urbanrealtor]

[quote=sdcellar]Sorry, but I don’t think it’s gotten *that* much nicer in the last 10 years. Cheap money is the significant driver.[/quote]
No.
There has been a national shift in housing preference.
But that preference does not translate into demand.
The cheap money you reference does.
But the reason people spend $400,000 (which seems like a lot of money to me) on a 2br/1ba place in South Park when they could buy a 4br/2ba house in Santee is preference.

Lots of people who come here really have a jones for urban living.

See, that why I’m *urban* realtor with the condos and the walking….and the stuff…

[urbanrealtor]

[quote=sdcellar]Sorry, but I don’t think it’s gotten *that* much nicer in the last 10 years. Cheap money is the significant driver.[/quote]
No.
There has been a national shift in housing preference.
But that preference does not translate into demand.
The cheap money you reference does.
But the reason people spend $400,000 (which seems like a lot of money to me) on a 2br/1ba place in South Park when they could buy a 4br/2ba house in Santee is preference.

Lots of people who come here really have a jones for urban living.

See, that why I’m *urban* realtor with the condos and the walking….and the stuff…

[urbanrealtor]

[quote=sdcellar]Sorry, but I don’t think it’s gotten *that* much nicer in the last 10 years. Cheap money is the significant driver.[/quote]
No.
There has been a national shift in housing preference.
But that preference does not translate into demand.
The cheap money you reference does.
But the reason people spend $400,000 (which seems like a lot of money to me) on a 2br/1ba place in South Park when they could buy a 4br/2ba house in Santee is preference.

Lots of people who come here really have a jones for urban living.

See, that why I’m *urban* realtor with the condos and the walking….and the stuff…

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