Forum Replies Created
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woodrow
ParticipantI’m a renter in OB waiting for prices to fall in hopes of finding a 3br, 2bth SFR for 400k or less. I’m absolutely blow away by the asking prices in both 92107 and 92106. As the original poster mentioned, anything livable is 500k+ at this point, with nicer homes on the hill or south of Newport 800k+.
I know there are some fairly wealthy folks in the Sunset Cliffs area and in the Point Loma hills, I can’t believe that young professionals making 150K+ salaries are buying 2bd, 1bth, 800 sq ft homes for 500k plus.
I absolutely love the OB/Pt Loma area, but am getting a bit frustrated watching homes in other areas freefall while homes here are only slowly trending down.
woodrow
ParticipantI’m a renter in OB waiting for prices to fall in hopes of finding a 3br, 2bth SFR for 400k or less. I’m absolutely blow away by the asking prices in both 92107 and 92106. As the original poster mentioned, anything livable is 500k+ at this point, with nicer homes on the hill or south of Newport 800k+.
I know there are some fairly wealthy folks in the Sunset Cliffs area and in the Point Loma hills, I can’t believe that young professionals making 150K+ salaries are buying 2bd, 1bth, 800 sq ft homes for 500k plus.
I absolutely love the OB/Pt Loma area, but am getting a bit frustrated watching homes in other areas freefall while homes here are only slowly trending down.
woodrow
ParticipantGracias SD Realtor. Your explanation makes sense.
woodrow
ParticipantGracias SD Realtor. Your explanation makes sense.
woodrow
ParticipantGracias SD Realtor. Your explanation makes sense.
woodrow
ParticipantGracias SD Realtor. Your explanation makes sense.
woodrow
ParticipantGracias SD Realtor. Your explanation makes sense.
woodrow
ParticipantFor the zip codes listed above,
halfway through today on 12/7/07 there are 7 withdrawn listings and 5 cancelled.
Seems more people are giving up, then properties being sold. I expect to see these homes back on the market after the holidays.
SD Realtor
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SD Realtor – is there a meaningful difference between properties that are “canceled” and properties that are “withdrawn”? Does the use of one term indicate a seller has given up, and the other that the property has sold?
tia,
woodrowwoodrow
ParticipantFor the zip codes listed above,
halfway through today on 12/7/07 there are 7 withdrawn listings and 5 cancelled.
Seems more people are giving up, then properties being sold. I expect to see these homes back on the market after the holidays.
SD Realtor
***************************
SD Realtor – is there a meaningful difference between properties that are “canceled” and properties that are “withdrawn”? Does the use of one term indicate a seller has given up, and the other that the property has sold?
tia,
woodrowwoodrow
ParticipantFor the zip codes listed above,
halfway through today on 12/7/07 there are 7 withdrawn listings and 5 cancelled.
Seems more people are giving up, then properties being sold. I expect to see these homes back on the market after the holidays.
SD Realtor
***************************
SD Realtor – is there a meaningful difference between properties that are “canceled” and properties that are “withdrawn”? Does the use of one term indicate a seller has given up, and the other that the property has sold?
tia,
woodrowwoodrow
ParticipantFor the zip codes listed above,
halfway through today on 12/7/07 there are 7 withdrawn listings and 5 cancelled.
Seems more people are giving up, then properties being sold. I expect to see these homes back on the market after the holidays.
SD Realtor
***************************
SD Realtor – is there a meaningful difference between properties that are “canceled” and properties that are “withdrawn”? Does the use of one term indicate a seller has given up, and the other that the property has sold?
tia,
woodrowwoodrow
ParticipantFor the zip codes listed above,
halfway through today on 12/7/07 there are 7 withdrawn listings and 5 cancelled.
Seems more people are giving up, then properties being sold. I expect to see these homes back on the market after the holidays.
SD Realtor
***************************
SD Realtor – is there a meaningful difference between properties that are “canceled” and properties that are “withdrawn”? Does the use of one term indicate a seller has given up, and the other that the property has sold?
tia,
woodrowSeptember 15, 2007 at 5:57 PM in reply to: OT: Surfrider’s Paddle for Clean Water is Sunday at 9:30 am #84671woodrow
ParticipantI’m paddling out tomorrow morning Belinda. I’ve talked to several friends and neighbors here in OB and a lot of people are planning to participate. I think you’ll get pretty big numbers tomorrow.
Kudos for your efforts for such a worthy cause.
Tommy
woodrow
ParticipantJust checked the “market overview” on SDLookup for this zip (91915). It lists 370 total properties for sale, with 84 foreclosures and 36 short sales. That suggests that 120 of the 370 listings are being sold under distress.
Is there any way that this doesn’t spell disaster? Won’t this rob virtually every home in that zipcode of 20-30% of their equity?
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