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urbanrealtor
Participant[quote=meadandale]Too suburban?
It’s 10 minutes from downtown, the beach, mission valley shopping…
It’s certainly not North Park or Hillcrest but it’s not RB or CV either.
As for expensive…
A 2br/1ba recently went for $300k down the street from me. 3bd houses are going for $350-425k. Is that expensive? It’s cheaper than most of Claremont, La Mesa, North Park, Hillcrest, Kensington and Tierrasanta for what you get.
As for the pickups and flags….anyone who has a problem with a patriotic community that still has a large portion of original owners, many who fought in WWII….feel free to look elsewhere. We won’t miss you. 🙂
My neighbor is the original owner of his house: bought in 1954 for about $15k…
[/quote]
Yeah. I cant really vouch for the personal tastes of the clientele. I have sold some things I thought were horrific in horrific neighborhoods to clients who were eager and excited.
Your remarks on price are dead on. Its not like everything in every case makes it a better deal but there are a lot of really good numbers coming out of there.
urbanrealtor
ParticipantI am seeing a lot of pull in that direction. 6 months ago, I had never shown anything there.
It seemed too expensive and too suburban. Many clients felt there were too many pickups and American flags (that’s an actual comment from a client). More recently, I have written like 4 offers there. So far only one escrow (in play now). The views, the pools and the new lower prices have siphoned off a large percentage of the would-be North Park and even Claremont crowd.As far as the 2 br, I see the prices coming down a bit more and bringing up effective demand with it.
I don’t think that it will create a rally but perhaps a relative price stability in the units with smaller room counts. Given the choice between a 2br condo in many areas and a small house in Allied, many will take the house.Anyone else’s thoughts?
urbanrealtor
ParticipantI am seeing a lot of pull in that direction. 6 months ago, I had never shown anything there.
It seemed too expensive and too suburban. Many clients felt there were too many pickups and American flags (that’s an actual comment from a client). More recently, I have written like 4 offers there. So far only one escrow (in play now). The views, the pools and the new lower prices have siphoned off a large percentage of the would-be North Park and even Claremont crowd.As far as the 2 br, I see the prices coming down a bit more and bringing up effective demand with it.
I don’t think that it will create a rally but perhaps a relative price stability in the units with smaller room counts. Given the choice between a 2br condo in many areas and a small house in Allied, many will take the house.Anyone else’s thoughts?
urbanrealtor
ParticipantI am seeing a lot of pull in that direction. 6 months ago, I had never shown anything there.
It seemed too expensive and too suburban. Many clients felt there were too many pickups and American flags (that’s an actual comment from a client). More recently, I have written like 4 offers there. So far only one escrow (in play now). The views, the pools and the new lower prices have siphoned off a large percentage of the would-be North Park and even Claremont crowd.As far as the 2 br, I see the prices coming down a bit more and bringing up effective demand with it.
I don’t think that it will create a rally but perhaps a relative price stability in the units with smaller room counts. Given the choice between a 2br condo in many areas and a small house in Allied, many will take the house.Anyone else’s thoughts?
urbanrealtor
ParticipantI am seeing a lot of pull in that direction. 6 months ago, I had never shown anything there.
It seemed too expensive and too suburban. Many clients felt there were too many pickups and American flags (that’s an actual comment from a client). More recently, I have written like 4 offers there. So far only one escrow (in play now). The views, the pools and the new lower prices have siphoned off a large percentage of the would-be North Park and even Claremont crowd.As far as the 2 br, I see the prices coming down a bit more and bringing up effective demand with it.
I don’t think that it will create a rally but perhaps a relative price stability in the units with smaller room counts. Given the choice between a 2br condo in many areas and a small house in Allied, many will take the house.Anyone else’s thoughts?
urbanrealtor
ParticipantI am seeing a lot of pull in that direction. 6 months ago, I had never shown anything there.
It seemed too expensive and too suburban. Many clients felt there were too many pickups and American flags (that’s an actual comment from a client). More recently, I have written like 4 offers there. So far only one escrow (in play now). The views, the pools and the new lower prices have siphoned off a large percentage of the would-be North Park and even Claremont crowd.As far as the 2 br, I see the prices coming down a bit more and bringing up effective demand with it.
I don’t think that it will create a rally but perhaps a relative price stability in the units with smaller room counts. Given the choice between a 2br condo in many areas and a small house in Allied, many will take the house.Anyone else’s thoughts?
urbanrealtor
ParticipantI have had really good luck with these guys.
There are 3 generations of the family doing it now.
http://www.parrabuildingconsult.com/urbanrealtor
ParticipantI have had really good luck with these guys.
There are 3 generations of the family doing it now.
http://www.parrabuildingconsult.com/urbanrealtor
ParticipantI have had really good luck with these guys.
There are 3 generations of the family doing it now.
http://www.parrabuildingconsult.com/urbanrealtor
ParticipantI have had really good luck with these guys.
There are 3 generations of the family doing it now.
http://www.parrabuildingconsult.com/urbanrealtor
ParticipantI have had really good luck with these guys.
There are 3 generations of the family doing it now.
http://www.parrabuildingconsult.com/urbanrealtor
Participant[quote=Shadowfax]Back in May this year, This American Life did a great radio broadcast on how the whole mortgage loan industry spun up and crashed. Fairly balanced account, includes stories of minimum wage workers buying $450k houses on no-proof applications, to the brokers and intermediaries and the banks and all points in between pushing to fill the pipeline with more loans to keep the secondary markets flowing… Really great account of how the mess started and played out. Worth $.95 to download.[/quote]
Yeah I streamed it while driving to Northern California with wife and critter. Something about Ira Glass’s voice just puts babies down.
http://www.thislife.org/Radio_Episode.aspx?episode=355Its free if you stream it.
Incredibly good and understandable coverage.
urbanrealtor
Participant[quote=Shadowfax]Back in May this year, This American Life did a great radio broadcast on how the whole mortgage loan industry spun up and crashed. Fairly balanced account, includes stories of minimum wage workers buying $450k houses on no-proof applications, to the brokers and intermediaries and the banks and all points in between pushing to fill the pipeline with more loans to keep the secondary markets flowing… Really great account of how the mess started and played out. Worth $.95 to download.[/quote]
Yeah I streamed it while driving to Northern California with wife and critter. Something about Ira Glass’s voice just puts babies down.
http://www.thislife.org/Radio_Episode.aspx?episode=355Its free if you stream it.
Incredibly good and understandable coverage.
urbanrealtor
Participant[quote=Shadowfax]Back in May this year, This American Life did a great radio broadcast on how the whole mortgage loan industry spun up and crashed. Fairly balanced account, includes stories of minimum wage workers buying $450k houses on no-proof applications, to the brokers and intermediaries and the banks and all points in between pushing to fill the pipeline with more loans to keep the secondary markets flowing… Really great account of how the mess started and played out. Worth $.95 to download.[/quote]
Yeah I streamed it while driving to Northern California with wife and critter. Something about Ira Glass’s voice just puts babies down.
http://www.thislife.org/Radio_Episode.aspx?episode=355Its free if you stream it.
Incredibly good and understandable coverage.
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