Forum Replies Created
-
AuthorPosts
-
XBoxBoy
ParticipantAh come on! Certainly someone besides me must recognize this thing. It’s a sock dryer! It hooks onto the inside of the stove, and you put your socks on it, turn the stove on low, and in ten to fifteen minutes your socks are dry and toasted warm. ‘Course this isn’t very useful in San Diego, but in Minnesota, when you come in from the snow with damp socks, this is the greatest thing.
XBoxBoy
XBoxBoy
ParticipantAh come on! Certainly someone besides me must recognize this thing. It’s a sock dryer! It hooks onto the inside of the stove, and you put your socks on it, turn the stove on low, and in ten to fifteen minutes your socks are dry and toasted warm. ‘Course this isn’t very useful in San Diego, but in Minnesota, when you come in from the snow with damp socks, this is the greatest thing.
XBoxBoy
XBoxBoy
ParticipantRussell,
I follow La Jolla inventory pretty closely, and to be honest I’m not seeing much change there. The only difference that I see now is that inventory is down from end of last summer, but I believe that is typical seasonal fluctuation.
In general, for the last three to four years La Jolla has seen a lot of places that come on the market, languish, and then are removed without selling. A small percent has gone into foreclosure, but the number of actual short sales and REOs is still probably less than 20% of the market. (SFRs, not counting the lower priced condos in UTC)
In the last several months, it does seem to me that we’ve seen a decline in ridiculously priced places. I’d guess that there are now enough comps that 2005-2006 prices seem silly even to the sellers.
Hope that helps,
XBoxBoy
XBoxBoy
ParticipantRussell,
I follow La Jolla inventory pretty closely, and to be honest I’m not seeing much change there. The only difference that I see now is that inventory is down from end of last summer, but I believe that is typical seasonal fluctuation.
In general, for the last three to four years La Jolla has seen a lot of places that come on the market, languish, and then are removed without selling. A small percent has gone into foreclosure, but the number of actual short sales and REOs is still probably less than 20% of the market. (SFRs, not counting the lower priced condos in UTC)
In the last several months, it does seem to me that we’ve seen a decline in ridiculously priced places. I’d guess that there are now enough comps that 2005-2006 prices seem silly even to the sellers.
Hope that helps,
XBoxBoy
XBoxBoy
ParticipantRussell,
I follow La Jolla inventory pretty closely, and to be honest I’m not seeing much change there. The only difference that I see now is that inventory is down from end of last summer, but I believe that is typical seasonal fluctuation.
In general, for the last three to four years La Jolla has seen a lot of places that come on the market, languish, and then are removed without selling. A small percent has gone into foreclosure, but the number of actual short sales and REOs is still probably less than 20% of the market. (SFRs, not counting the lower priced condos in UTC)
In the last several months, it does seem to me that we’ve seen a decline in ridiculously priced places. I’d guess that there are now enough comps that 2005-2006 prices seem silly even to the sellers.
Hope that helps,
XBoxBoy
XBoxBoy
ParticipantRussell,
I follow La Jolla inventory pretty closely, and to be honest I’m not seeing much change there. The only difference that I see now is that inventory is down from end of last summer, but I believe that is typical seasonal fluctuation.
In general, for the last three to four years La Jolla has seen a lot of places that come on the market, languish, and then are removed without selling. A small percent has gone into foreclosure, but the number of actual short sales and REOs is still probably less than 20% of the market. (SFRs, not counting the lower priced condos in UTC)
In the last several months, it does seem to me that we’ve seen a decline in ridiculously priced places. I’d guess that there are now enough comps that 2005-2006 prices seem silly even to the sellers.
Hope that helps,
XBoxBoy
XBoxBoy
ParticipantRussell,
I follow La Jolla inventory pretty closely, and to be honest I’m not seeing much change there. The only difference that I see now is that inventory is down from end of last summer, but I believe that is typical seasonal fluctuation.
In general, for the last three to four years La Jolla has seen a lot of places that come on the market, languish, and then are removed without selling. A small percent has gone into foreclosure, but the number of actual short sales and REOs is still probably less than 20% of the market. (SFRs, not counting the lower priced condos in UTC)
In the last several months, it does seem to me that we’ve seen a decline in ridiculously priced places. I’d guess that there are now enough comps that 2005-2006 prices seem silly even to the sellers.
Hope that helps,
XBoxBoy
XBoxBoy
ParticipantThe downside is that you add restrictions to how much expansion you can do in the future.
Depending on the size of the lot and the location how big of a deal this is could vary, particularly in La Jolla. For instance, in the Muirlands with a big view lot, a lot of the value of an older home would be that it could be torn down and a big McMansion built in it’s place. But with a small lot in the village, you might not be able to build much bigger anyway.
So, evaluate not only what you might want to do in the future, but also what future owners might want to do. You’re basically trading potential future expansion for low taxes today.
XBoxBoy
ParticipantThe downside is that you add restrictions to how much expansion you can do in the future.
Depending on the size of the lot and the location how big of a deal this is could vary, particularly in La Jolla. For instance, in the Muirlands with a big view lot, a lot of the value of an older home would be that it could be torn down and a big McMansion built in it’s place. But with a small lot in the village, you might not be able to build much bigger anyway.
So, evaluate not only what you might want to do in the future, but also what future owners might want to do. You’re basically trading potential future expansion for low taxes today.
XBoxBoy
ParticipantThe downside is that you add restrictions to how much expansion you can do in the future.
Depending on the size of the lot and the location how big of a deal this is could vary, particularly in La Jolla. For instance, in the Muirlands with a big view lot, a lot of the value of an older home would be that it could be torn down and a big McMansion built in it’s place. But with a small lot in the village, you might not be able to build much bigger anyway.
So, evaluate not only what you might want to do in the future, but also what future owners might want to do. You’re basically trading potential future expansion for low taxes today.
XBoxBoy
ParticipantThe downside is that you add restrictions to how much expansion you can do in the future.
Depending on the size of the lot and the location how big of a deal this is could vary, particularly in La Jolla. For instance, in the Muirlands with a big view lot, a lot of the value of an older home would be that it could be torn down and a big McMansion built in it’s place. But with a small lot in the village, you might not be able to build much bigger anyway.
So, evaluate not only what you might want to do in the future, but also what future owners might want to do. You’re basically trading potential future expansion for low taxes today.
XBoxBoy
ParticipantThe downside is that you add restrictions to how much expansion you can do in the future.
Depending on the size of the lot and the location how big of a deal this is could vary, particularly in La Jolla. For instance, in the Muirlands with a big view lot, a lot of the value of an older home would be that it could be torn down and a big McMansion built in it’s place. But with a small lot in the village, you might not be able to build much bigger anyway.
So, evaluate not only what you might want to do in the future, but also what future owners might want to do. You’re basically trading potential future expansion for low taxes today.
XBoxBoy
ParticipantNot sure that one company doing all the inspections would be the best.
When my wife and I bought we used:
For mold and moisture issues T&T Consulting Inc. 619-741-7409
For general house inspection Virtue Home Inspections. 619-229-0555
Both of them did a thorough job and found a number of issues we would not have found without them. Both were also able to come within a day or two.
Hope that helps.
XBoxBoy
ParticipantNot sure that one company doing all the inspections would be the best.
When my wife and I bought we used:
For mold and moisture issues T&T Consulting Inc. 619-741-7409
For general house inspection Virtue Home Inspections. 619-229-0555
Both of them did a thorough job and found a number of issues we would not have found without them. Both were also able to come within a day or two.
Hope that helps.
-
AuthorPosts
