[waiting for bottom]

So even though we have buyers on Crescent and Sundance making unbelievably terrible purchases, let’s go up past the town center and see what’s happening near Questhaven…where the Mello Roos will hit you around $4500.

Selling for less than purchase price:
1531 Clifftop – $590K – $223 sq/ft – Sold $782K 3/05 (-25%)
1098 Brightwood – $599K – $233 sq/ft – Sold $762K 11/04 (-21%)
704 Hollowbrook – $635K – $226 sq/ft – Sold $754K 1/06 (-16%)
726 Leeward – $648K – $216 sq/ft – Sold $760K 3/06 (-15%)
979 Baylor – $727K – $217 sq/ft – Sold $771K 6/04 (-6%) PENDING SALE – Congrats, good luck with that one.
878 Antilla – $740K – $224 sq/ft – Sold $819K 4/05 (-10%)
855 Antilla – $699K – $194 sq/ft – Sold $872K 7/05 (-20%)
871 Antilla – $750K – $220 sq/ft – Sold $865K 3/05 (-13%)
1419 Eclipse – $750K – $229 sq/ft – Sold $885K 10/06 (-15%)

On track to sell by 2020:
1005 Brightwood – $699K – $243 sq/ft – Sold $856K 3/05 (-18%)
1089 Brightwood – $699K – $246 sq/ft – Sold $800K 11/04 (-13%)
1474 Anchor – $725K – $258 sq/ft – No sale available (Gorgeous house with ocean view but get real)
1085 Brightwood – $699K – $264 sq/ft – Sold $745K 11/04 (-6%)
1079 Grain Mill – $699K – $270 sq/ft – Sold $654K 6/05 (+7%)
948 Citrine – $750K – $283 sq/ft – Sold $717K 4/06 (+5%)

Folks, I don’t even know where to start here. 13 of 15 for sale in the hood are below purchase price. 1 sale pending. 6 overpriced (althoug 5 have really nice views). I guess my only advice is not to buy on Brightwood. Oh, and maybe tell your friends on Grain Mill and Citrine that they won’t be able to fetch a profit in these conditions.

[waiting for bottom]

So even though we have buyers on Crescent and Sundance making unbelievably terrible purchases, let’s go up past the town center and see what’s happening near Questhaven…where the Mello Roos will hit you around $4500.

Selling for less than purchase price:
1531 Clifftop – $590K – $223 sq/ft – Sold $782K 3/05 (-25%)
1098 Brightwood – $599K – $233 sq/ft – Sold $762K 11/04 (-21%)
704 Hollowbrook – $635K – $226 sq/ft – Sold $754K 1/06 (-16%)
726 Leeward – $648K – $216 sq/ft – Sold $760K 3/06 (-15%)
979 Baylor – $727K – $217 sq/ft – Sold $771K 6/04 (-6%) PENDING SALE – Congrats, good luck with that one.
878 Antilla – $740K – $224 sq/ft – Sold $819K 4/05 (-10%)
855 Antilla – $699K – $194 sq/ft – Sold $872K 7/05 (-20%)
871 Antilla – $750K – $220 sq/ft – Sold $865K 3/05 (-13%)
1419 Eclipse – $750K – $229 sq/ft – Sold $885K 10/06 (-15%)

On track to sell by 2020:
1005 Brightwood – $699K – $243 sq/ft – Sold $856K 3/05 (-18%)
1089 Brightwood – $699K – $246 sq/ft – Sold $800K 11/04 (-13%)
1474 Anchor – $725K – $258 sq/ft – No sale available (Gorgeous house with ocean view but get real)
1085 Brightwood – $699K – $264 sq/ft – Sold $745K 11/04 (-6%)
1079 Grain Mill – $699K – $270 sq/ft – Sold $654K 6/05 (+7%)
948 Citrine – $750K – $283 sq/ft – Sold $717K 4/06 (+5%)

Folks, I don’t even know where to start here. 13 of 15 for sale in the hood are below purchase price. 1 sale pending. 6 overpriced (althoug 5 have really nice views). I guess my only advice is not to buy on Brightwood. Oh, and maybe tell your friends on Grain Mill and Citrine that they won’t be able to fetch a profit in these conditions.

[waiting for bottom]

So even though we have buyers on Crescent and Sundance making unbelievably terrible purchases, let’s go up past the town center and see what’s happening near Questhaven…where the Mello Roos will hit you around $4500.

Selling for less than purchase price:
1531 Clifftop – $590K – $223 sq/ft – Sold $782K 3/05 (-25%)
1098 Brightwood – $599K – $233 sq/ft – Sold $762K 11/04 (-21%)
704 Hollowbrook – $635K – $226 sq/ft – Sold $754K 1/06 (-16%)
726 Leeward – $648K – $216 sq/ft – Sold $760K 3/06 (-15%)
979 Baylor – $727K – $217 sq/ft – Sold $771K 6/04 (-6%) PENDING SALE – Congrats, good luck with that one.
878 Antilla – $740K – $224 sq/ft – Sold $819K 4/05 (-10%)
855 Antilla – $699K – $194 sq/ft – Sold $872K 7/05 (-20%)
871 Antilla – $750K – $220 sq/ft – Sold $865K 3/05 (-13%)
1419 Eclipse – $750K – $229 sq/ft – Sold $885K 10/06 (-15%)

On track to sell by 2020:
1005 Brightwood – $699K – $243 sq/ft – Sold $856K 3/05 (-18%)
1089 Brightwood – $699K – $246 sq/ft – Sold $800K 11/04 (-13%)
1474 Anchor – $725K – $258 sq/ft – No sale available (Gorgeous house with ocean view but get real)
1085 Brightwood – $699K – $264 sq/ft – Sold $745K 11/04 (-6%)
1079 Grain Mill – $699K – $270 sq/ft – Sold $654K 6/05 (+7%)
948 Citrine – $750K – $283 sq/ft – Sold $717K 4/06 (+5%)

Folks, I don’t even know where to start here. 13 of 15 for sale in the hood are below purchase price. 1 sale pending. 6 overpriced (althoug 5 have really nice views). I guess my only advice is not to buy on Brightwood. Oh, and maybe tell your friends on Grain Mill and Citrine that they won’t be able to fetch a profit in these conditions.

[waiting for bottom]

So even though we have buyers on Crescent and Sundance making unbelievably terrible purchases, let’s go up past the town center and see what’s happening near Questhaven…where the Mello Roos will hit you around $4500.

Selling for less than purchase price:
1531 Clifftop – $590K – $223 sq/ft – Sold $782K 3/05 (-25%)
1098 Brightwood – $599K – $233 sq/ft – Sold $762K 11/04 (-21%)
704 Hollowbrook – $635K – $226 sq/ft – Sold $754K 1/06 (-16%)
726 Leeward – $648K – $216 sq/ft – Sold $760K 3/06 (-15%)
979 Baylor – $727K – $217 sq/ft – Sold $771K 6/04 (-6%) PENDING SALE – Congrats, good luck with that one.
878 Antilla – $740K – $224 sq/ft – Sold $819K 4/05 (-10%)
855 Antilla – $699K – $194 sq/ft – Sold $872K 7/05 (-20%)
871 Antilla – $750K – $220 sq/ft – Sold $865K 3/05 (-13%)
1419 Eclipse – $750K – $229 sq/ft – Sold $885K 10/06 (-15%)

On track to sell by 2020:
1005 Brightwood – $699K – $243 sq/ft – Sold $856K 3/05 (-18%)
1089 Brightwood – $699K – $246 sq/ft – Sold $800K 11/04 (-13%)
1474 Anchor – $725K – $258 sq/ft – No sale available (Gorgeous house with ocean view but get real)
1085 Brightwood – $699K – $264 sq/ft – Sold $745K 11/04 (-6%)
1079 Grain Mill – $699K – $270 sq/ft – Sold $654K 6/05 (+7%)
948 Citrine – $750K – $283 sq/ft – Sold $717K 4/06 (+5%)

Folks, I don’t even know where to start here. 13 of 15 for sale in the hood are below purchase price. 1 sale pending. 6 overpriced (althoug 5 have really nice views). I guess my only advice is not to buy on Brightwood. Oh, and maybe tell your friends on Grain Mill and Citrine that they won’t be able to fetch a profit in these conditions.

[waiting for bottom]

So even though we have buyers on Crescent and Sundance making unbelievably terrible purchases, let’s go up past the town center and see what’s happening near Questhaven…where the Mello Roos will hit you around $4500.

Selling for less than purchase price:
1531 Clifftop – $590K – $223 sq/ft – Sold $782K 3/05 (-25%)
1098 Brightwood – $599K – $233 sq/ft – Sold $762K 11/04 (-21%)
704 Hollowbrook – $635K – $226 sq/ft – Sold $754K 1/06 (-16%)
726 Leeward – $648K – $216 sq/ft – Sold $760K 3/06 (-15%)
979 Baylor – $727K – $217 sq/ft – Sold $771K 6/04 (-6%) PENDING SALE – Congrats, good luck with that one.
878 Antilla – $740K – $224 sq/ft – Sold $819K 4/05 (-10%)
855 Antilla – $699K – $194 sq/ft – Sold $872K 7/05 (-20%)
871 Antilla – $750K – $220 sq/ft – Sold $865K 3/05 (-13%)
1419 Eclipse – $750K – $229 sq/ft – Sold $885K 10/06 (-15%)

On track to sell by 2020:
1005 Brightwood – $699K – $243 sq/ft – Sold $856K 3/05 (-18%)
1089 Brightwood – $699K – $246 sq/ft – Sold $800K 11/04 (-13%)
1474 Anchor – $725K – $258 sq/ft – No sale available (Gorgeous house with ocean view but get real)
1085 Brightwood – $699K – $264 sq/ft – Sold $745K 11/04 (-6%)
1079 Grain Mill – $699K – $270 sq/ft – Sold $654K 6/05 (+7%)
948 Citrine – $750K – $283 sq/ft – Sold $717K 4/06 (+5%)

Folks, I don’t even know where to start here. 13 of 15 for sale in the hood are below purchase price. 1 sale pending. 6 overpriced (althoug 5 have really nice views). I guess my only advice is not to buy on Brightwood. Oh, and maybe tell your friends on Grain Mill and Citrine that they won’t be able to fetch a profit in these conditions.

[waiting for bottom]

It looks like we had an uninformed buyer come in and mess things up.

1432 Sundance – $619K – $249 sq/ft – Sold 11/16

Why buy this when you can buy Rivercrest for $202 sq/ft (bigger house, lower price, similar street).

Mind boggling.

[waiting for bottom]

It looks like we had an uninformed buyer come in and mess things up.

1432 Sundance – $619K – $249 sq/ft – Sold 11/16

Why buy this when you can buy Rivercrest for $202 sq/ft (bigger house, lower price, similar street).

Mind boggling.

[waiting for bottom]

It looks like we had an uninformed buyer come in and mess things up.

1432 Sundance – $619K – $249 sq/ft – Sold 11/16

Why buy this when you can buy Rivercrest for $202 sq/ft (bigger house, lower price, similar street).

Mind boggling.

[waiting for bottom]

It looks like we had an uninformed buyer come in and mess things up.

1432 Sundance – $619K – $249 sq/ft – Sold 11/16

Why buy this when you can buy Rivercrest for $202 sq/ft (bigger house, lower price, similar street).

Mind boggling.

[waiting for bottom]

It looks like we had an uninformed buyer come in and mess things up.

1432 Sundance – $619K – $249 sq/ft – Sold 11/16

Why buy this when you can buy Rivercrest for $202 sq/ft (bigger house, lower price, similar street).

Mind boggling.

[waiting for bottom]

Carlsbad is begining to crumble.

I hope we are past the argument that coastal is holding up. Here’s one data point that puts North Carlsbad back to early 2004 pricing.

Current Listings:
2351 Merwin – $679K – $286 sq/ft -Last Sale: $635K 1/04
5059 Ciardi – $650K – $271 sq/ft – Last Sale: $779K 12/05
3864 Stoneridge – $650K – $244 sq/ft -Last Sale: $735 – 4/05

Recent Comps:
5089 Lynch – $690K – $287 sq/ft – 9/07
4680 Meadow – $679 – $275 sq/ft – 9/07

Take Merwin down to $271 sq/ft and you are at $641K, just a smidge above 1/04 pricing.

[waiting for bottom]

Carlsbad is begining to crumble.

I hope we are past the argument that coastal is holding up. Here’s one data point that puts North Carlsbad back to early 2004 pricing.

Current Listings:
2351 Merwin – $679K – $286 sq/ft -Last Sale: $635K 1/04
5059 Ciardi – $650K – $271 sq/ft – Last Sale: $779K 12/05
3864 Stoneridge – $650K – $244 sq/ft -Last Sale: $735 – 4/05

Recent Comps:
5089 Lynch – $690K – $287 sq/ft – 9/07
4680 Meadow – $679 – $275 sq/ft – 9/07

Take Merwin down to $271 sq/ft and you are at $641K, just a smidge above 1/04 pricing.

[waiting for bottom]

Carlsbad is begining to crumble.

I hope we are past the argument that coastal is holding up. Here’s one data point that puts North Carlsbad back to early 2004 pricing.

Current Listings:
2351 Merwin – $679K – $286 sq/ft -Last Sale: $635K 1/04
5059 Ciardi – $650K – $271 sq/ft – Last Sale: $779K 12/05
3864 Stoneridge – $650K – $244 sq/ft -Last Sale: $735 – 4/05

Recent Comps:
5089 Lynch – $690K – $287 sq/ft – 9/07
4680 Meadow – $679 – $275 sq/ft – 9/07

Take Merwin down to $271 sq/ft and you are at $641K, just a smidge above 1/04 pricing.

[waiting for bottom]

Carlsbad is begining to crumble.

I hope we are past the argument that coastal is holding up. Here’s one data point that puts North Carlsbad back to early 2004 pricing.

Current Listings:
2351 Merwin – $679K – $286 sq/ft -Last Sale: $635K 1/04
5059 Ciardi – $650K – $271 sq/ft – Last Sale: $779K 12/05
3864 Stoneridge – $650K – $244 sq/ft -Last Sale: $735 – 4/05

Recent Comps:
5089 Lynch – $690K – $287 sq/ft – 9/07
4680 Meadow – $679 – $275 sq/ft – 9/07

Take Merwin down to $271 sq/ft and you are at $641K, just a smidge above 1/04 pricing.

[waiting for bottom]

Carlsbad is begining to crumble.

I hope we are past the argument that coastal is holding up. Here’s one data point that puts North Carlsbad back to early 2004 pricing.

Current Listings:
2351 Merwin – $679K – $286 sq/ft -Last Sale: $635K 1/04
5059 Ciardi – $650K – $271 sq/ft – Last Sale: $779K 12/05
3864 Stoneridge – $650K – $244 sq/ft -Last Sale: $735 – 4/05

Recent Comps:
5089 Lynch – $690K – $287 sq/ft – 9/07
4680 Meadow – $679 – $275 sq/ft – 9/07

Take Merwin down to $271 sq/ft and you are at $641K, just a smidge above 1/04 pricing.

[Author]

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