Edited by nimblebear, 12 September 2007 - 05:46 PM.
240 homes nearby for sale
#1
Posted 12 September 2007 - 05:46 PM
#2
Posted 12 September 2007 - 06:08 PM
This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.
For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.
This rate of change in inventory seems like prices are going to pressured to decline.
I live in San Diego. After a "for sale" sign is up for a few weeks, a PRICE REDUCED sign gets added a week or two later.
ARMs will reset... forclosures will increase... inventories will increase... prices come down lower, lower and lower. It is unavoidable.
#3
Posted 12 September 2007 - 06:10 PM
This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.
For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.
This rate of change in inventory seems like prices are going to pressured to decline.
I live in San Diego. After a "for sale" sign is up for a few weeks, a PRICE REDUCED sign gets added a week or two later.
ARMs will reset... forclosures will increase... inventories will increase... prices come down lower, lower and lower. It is unavoidable.
i dropped mine 100k and still cant get any one to call!
#4
Posted 12 September 2007 - 06:15 PM
This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.
For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.
This rate of change in inventory seems like prices are going to pressured to decline.
within a 2 mile radius of my home i'd say about 1000 units are still under construction. 400 just at the site of the old del monte cannery (KBR). these hi-density units will hopefully sell for $450k to $750k...i believe.
at least a couple hundred more units are being built by summerhill at the old lou's village restuarant site.
ed rader
#5
Posted 12 September 2007 - 08:19 PM
#6
Posted 12 September 2007 - 09:24 PM
Ed,
Awesome photos.... thanks. What kind of camera do you use?
mm
thanx MM -- the first 15 were with the canon 5d and the rest with the canon 30d. i used the 100-400L f4.5 -f5.6 on both cameras. i'm practicing for safari next year in south africa !
ed rader