[waiting for bottom]

Here’s how I will know when to buy is SD:

1994 – Had a co-worker who bought a house in downtown Sacramento. Another co-worker said to me “he’s making a big mistake, HOUSING IS A TERRIBLE INVESTMENT THESE DAYS”

When I hear something like that (2009/2010??) it will be time to buy.

[waiting for bottom]

Here’s how I will know when to buy is SD:

1994 – Had a co-worker who bought a house in downtown Sacramento. Another co-worker said to me “he’s making a big mistake, HOUSING IS A TERRIBLE INVESTMENT THESE DAYS”

When I hear something like that (2009/2010??) it will be time to buy.

[waiting for bottom]

Here’s how I will know when to buy is SD:

1994 – Had a co-worker who bought a house in downtown Sacramento. Another co-worker said to me “he’s making a big mistake, HOUSING IS A TERRIBLE INVESTMENT THESE DAYS”

When I hear something like that (2009/2010??) it will be time to buy.

[waiting for bottom]

Here’s how I will know when to buy is SD:

1994 – Had a co-worker who bought a house in downtown Sacramento. Another co-worker said to me “he’s making a big mistake, HOUSING IS A TERRIBLE INVESTMENT THESE DAYS”

When I hear something like that (2009/2010??) it will be time to buy.

[waiting for bottom]

Here’s how I will know when to buy is SD:

1994 – Had a co-worker who bought a house in downtown Sacramento. Another co-worker said to me “he’s making a big mistake, HOUSING IS A TERRIBLE INVESTMENT THESE DAYS”

When I hear something like that (2009/2010??) it will be time to buy.

[waiting for bottom]

I’ll re-run with what I am seeing right now in SEH:

Near Town Center:
1532 Crescent – $599K. OLP $649K. If they had listed at $599K in January they might have sold. Now it is too late and $525-$550 is the ‘attention grabbing’ range. BTW- this sold for $749K June 2006 – 20% fall with more to come.

Several houses on Glencrest in the gated community at 649. This was the price point for the non-gated houses 3-6 months ago.

The ‘Carmel’ area near town center has several listings on Coral and Dolphin that are not moving. One KC paid $679K for a Dolphin house last month.

Questhaven Area:
Brightwood had 9 houses for sale at one time (out of 25-35 on the street). 5 of the 9 have sold or are in escrow. One even sold for $680K.

The Orion/Eclipse/Horizon/Antilla area is getting swamped with REO’s. With $5000 MR, they would have to get into the $450K range before I would be tempted.

[waiting for bottom]

I’ll re-run with what I am seeing right now in SEH:

Near Town Center:
1532 Crescent – $599K. OLP $649K. If they had listed at $599K in January they might have sold. Now it is too late and $525-$550 is the ‘attention grabbing’ range. BTW- this sold for $749K June 2006 – 20% fall with more to come.

Several houses on Glencrest in the gated community at 649. This was the price point for the non-gated houses 3-6 months ago.

The ‘Carmel’ area near town center has several listings on Coral and Dolphin that are not moving. One KC paid $679K for a Dolphin house last month.

Questhaven Area:
Brightwood had 9 houses for sale at one time (out of 25-35 on the street). 5 of the 9 have sold or are in escrow. One even sold for $680K.

The Orion/Eclipse/Horizon/Antilla area is getting swamped with REO’s. With $5000 MR, they would have to get into the $450K range before I would be tempted.

[waiting for bottom]

I’ll re-run with what I am seeing right now in SEH:

Near Town Center:
1532 Crescent – $599K. OLP $649K. If they had listed at $599K in January they might have sold. Now it is too late and $525-$550 is the ‘attention grabbing’ range. BTW- this sold for $749K June 2006 – 20% fall with more to come.

Several houses on Glencrest in the gated community at 649. This was the price point for the non-gated houses 3-6 months ago.

The ‘Carmel’ area near town center has several listings on Coral and Dolphin that are not moving. One KC paid $679K for a Dolphin house last month.

Questhaven Area:
Brightwood had 9 houses for sale at one time (out of 25-35 on the street). 5 of the 9 have sold or are in escrow. One even sold for $680K.

The Orion/Eclipse/Horizon/Antilla area is getting swamped with REO’s. With $5000 MR, they would have to get into the $450K range before I would be tempted.

[waiting for bottom]

I’ll re-run with what I am seeing right now in SEH:

Near Town Center:
1532 Crescent – $599K. OLP $649K. If they had listed at $599K in January they might have sold. Now it is too late and $525-$550 is the ‘attention grabbing’ range. BTW- this sold for $749K June 2006 – 20% fall with more to come.

Several houses on Glencrest in the gated community at 649. This was the price point for the non-gated houses 3-6 months ago.

The ‘Carmel’ area near town center has several listings on Coral and Dolphin that are not moving. One KC paid $679K for a Dolphin house last month.

Questhaven Area:
Brightwood had 9 houses for sale at one time (out of 25-35 on the street). 5 of the 9 have sold or are in escrow. One even sold for $680K.

The Orion/Eclipse/Horizon/Antilla area is getting swamped with REO’s. With $5000 MR, they would have to get into the $450K range before I would be tempted.

[waiting for bottom]

I’ll re-run with what I am seeing right now in SEH:

Near Town Center:
1532 Crescent – $599K. OLP $649K. If they had listed at $599K in January they might have sold. Now it is too late and $525-$550 is the ‘attention grabbing’ range. BTW- this sold for $749K June 2006 – 20% fall with more to come.

Several houses on Glencrest in the gated community at 649. This was the price point for the non-gated houses 3-6 months ago.

The ‘Carmel’ area near town center has several listings on Coral and Dolphin that are not moving. One KC paid $679K for a Dolphin house last month.

Questhaven Area:
Brightwood had 9 houses for sale at one time (out of 25-35 on the street). 5 of the 9 have sold or are in escrow. One even sold for $680K.

The Orion/Eclipse/Horizon/Antilla area is getting swamped with REO’s. With $5000 MR, they would have to get into the $450K range before I would be tempted.

[waiting for bottom]

I agree that these are knife catchers, but what is happening is part of the process.

You have to believe that the relatively low prices in SEH are attracting potential buyers from South Carlsbad and Encinitas. The lack of sales will put pressure on those two markets and prices will drop. Then buyers will flock to SC and Enc and sales will slow in SEH. Prices will then fall in SEH….and on and on until the market reaches the bottom.

It’s all interconnected….

[waiting for bottom]

I agree that these are knife catchers, but what is happening is part of the process.

You have to believe that the relatively low prices in SEH are attracting potential buyers from South Carlsbad and Encinitas. The lack of sales will put pressure on those two markets and prices will drop. Then buyers will flock to SC and Enc and sales will slow in SEH. Prices will then fall in SEH….and on and on until the market reaches the bottom.

It’s all interconnected….

[waiting for bottom]

I agree that these are knife catchers, but what is happening is part of the process.

You have to believe that the relatively low prices in SEH are attracting potential buyers from South Carlsbad and Encinitas. The lack of sales will put pressure on those two markets and prices will drop. Then buyers will flock to SC and Enc and sales will slow in SEH. Prices will then fall in SEH….and on and on until the market reaches the bottom.

It’s all interconnected….

[waiting for bottom]

I agree that these are knife catchers, but what is happening is part of the process.

You have to believe that the relatively low prices in SEH are attracting potential buyers from South Carlsbad and Encinitas. The lack of sales will put pressure on those two markets and prices will drop. Then buyers will flock to SC and Enc and sales will slow in SEH. Prices will then fall in SEH….and on and on until the market reaches the bottom.

It’s all interconnected….

[waiting for bottom]

I agree that these are knife catchers, but what is happening is part of the process.

You have to believe that the relatively low prices in SEH are attracting potential buyers from South Carlsbad and Encinitas. The lack of sales will put pressure on those two markets and prices will drop. Then buyers will flock to SC and Enc and sales will slow in SEH. Prices will then fall in SEH….and on and on until the market reaches the bottom.

It’s all interconnected….

[Author]

Posts