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ybitz
ParticipantEven in Mira Mesa (definitely not high end), the ratio seems to be over 200.
Ratio: 217
$1860 rent [craigslist]
http://sandiego.craigslist.org/csd/ap/1177483541.html
$404,500 price[zillow]
http://www.zillow.com/homedetails/11559-Polaris-Dr-San-Diego-CA-92126/16819385_zpid/Ratio: 211
$1900 rent [craigslist]
http://sandiego.craigslist.org/csd/apa/1177473494.html
price[zillow]
$401,500 price [zillow]
http://www.zillow.com/homedetails/7462-Dancy-Rd-San-Diego-CA-92126/16834149_zpid/And I thought the real estate bubble had burst in the non-high-end areas such as mira mesa. How come we’re not seeing ratios in the more reasonable 150 range?
ParticipantEven in Mira Mesa (definitely not high end), the ratio seems to be over 200.
Ratio: 217
$1860 rent [craigslist]
http://sandiego.craigslist.org/csd/ap/1177483541.html
$404,500 price[zillow]
http://www.zillow.com/homedetails/11559-Polaris-Dr-San-Diego-CA-92126/16819385_zpid/Ratio: 211
$1900 rent [craigslist]
http://sandiego.craigslist.org/csd/apa/1177473494.html
price[zillow]
$401,500 price [zillow]
http://www.zillow.com/homedetails/7462-Dancy-Rd-San-Diego-CA-92126/16834149_zpid/And I thought the real estate bubble had burst in the non-high-end areas such as mira mesa. How come we’re not seeing ratios in the more reasonable 150 range?
ParticipantEven in Mira Mesa (definitely not high end), the ratio seems to be over 200.
Ratio: 217
$1860 rent [craigslist]
http://sandiego.craigslist.org/csd/ap/1177483541.html
$404,500 price[zillow]
http://www.zillow.com/homedetails/11559-Polaris-Dr-San-Diego-CA-92126/16819385_zpid/Ratio: 211
$1900 rent [craigslist]
http://sandiego.craigslist.org/csd/apa/1177473494.html
price[zillow]
$401,500 price [zillow]
http://www.zillow.com/homedetails/7462-Dancy-Rd-San-Diego-CA-92126/16834149_zpid/And I thought the real estate bubble had burst in the non-high-end areas such as mira mesa. How come we’re not seeing ratios in the more reasonable 150 range?
ParticipantI was actually referring to house price to rent ratio, not so much income/rent ratio (though that’s also an important metric). For example, one of the house I looked was renting for $2500/month, and on sale for $625,000, creating a ratio of 250. This is ignoring maintenance/property tax/other costs, but is easily to calculate for lots of properties.
ParticipantI was actually referring to house price to rent ratio, not so much income/rent ratio (though that’s also an important metric). For example, one of the house I looked was renting for $2500/month, and on sale for $625,000, creating a ratio of 250. This is ignoring maintenance/property tax/other costs, but is easily to calculate for lots of properties.
ParticipantI was actually referring to house price to rent ratio, not so much income/rent ratio (though that’s also an important metric). For example, one of the house I looked was renting for $2500/month, and on sale for $625,000, creating a ratio of 250. This is ignoring maintenance/property tax/other costs, but is easily to calculate for lots of properties.
ParticipantI was actually referring to house price to rent ratio, not so much income/rent ratio (though that’s also an important metric). For example, one of the house I looked was renting for $2500/month, and on sale for $625,000, creating a ratio of 250. This is ignoring maintenance/property tax/other costs, but is easily to calculate for lots of properties.
ParticipantI was actually referring to house price to rent ratio, not so much income/rent ratio (though that’s also an important metric). For example, one of the house I looked was renting for $2500/month, and on sale for $625,000, creating a ratio of 250. This is ignoring maintenance/property tax/other costs, but is easily to calculate for lots of properties.
Participant[quote=Rt.66]The first give-away is that the price seems almost reasonable.
The second would be that the agent does not answer the phone and takes 5 days to return your message.
I wish the MLS made it mandatory for agents to disclose that it’s a short sale in the discription portion that shows up on the consumer search programs. [/quote]
haha, I like the first give-away. It’s sad but true!
Participant[quote=Rt.66]The first give-away is that the price seems almost reasonable.
The second would be that the agent does not answer the phone and takes 5 days to return your message.
I wish the MLS made it mandatory for agents to disclose that it’s a short sale in the discription portion that shows up on the consumer search programs. [/quote]
haha, I like the first give-away. It’s sad but true!
Participant[quote=Rt.66]The first give-away is that the price seems almost reasonable.
The second would be that the agent does not answer the phone and takes 5 days to return your message.
I wish the MLS made it mandatory for agents to disclose that it’s a short sale in the discription portion that shows up on the consumer search programs. [/quote]
haha, I like the first give-away. It’s sad but true!
Participant[quote=Rt.66]The first give-away is that the price seems almost reasonable.
The second would be that the agent does not answer the phone and takes 5 days to return your message.
I wish the MLS made it mandatory for agents to disclose that it’s a short sale in the discription portion that shows up on the consumer search programs. [/quote]
haha, I like the first give-away. It’s sad but true!
Participant[quote=Rt.66]The first give-away is that the price seems almost reasonable.
The second would be that the agent does not answer the phone and takes 5 days to return your message.
I wish the MLS made it mandatory for agents to disclose that it’s a short sale in the discription portion that shows up on the consumer search programs. [/quote]
haha, I like the first give-away. It’s sad but true!
Participant[quote=DataAgent]11959 Handrich was destroyed in the 2003 fires. Here’s what the property looked like after the fire:
http://www.scrippsranch.org/special/Fire2003/AddressPictures/Handrich%20Dr%2011959.jpgHere’s the complete list of destroyed homes:
http://www.scrippsranch.org/ProjectPhoenix/fire_address_list.asp[/quote]
Yikes! That makes sense why the price went up so much, since it’s a “new” construction. Well, I was just doing some casual searches, and Redfin has it listed for sale with historic prices. Interestingly though, Redfin says the house was built in 1976. I didn’t read through it to realize it was a rebuilt.DataAgent’s got some mad web data mining skills :p
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