Brian
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92101Resident
Posts:152
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| 09/09/2008 1:32 PM |
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And here is the typical resident:
http://media.photobucket.com/image/ugly%20old%20lady/shann823/dancinggrandma.gif?o=7 |
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wilson
Posts:1706
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| 09/09/2008 8:18 PM |
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Hey Brian,
Are you off the crack? "Tracker" is an apt description. Dang, now I can't complain.
Nice to be some movement down on that unit, but $692/sf is still a bit pricey for me. |
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Brian
Posts:4660
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| 09/09/2008 10:24 PM |
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Like I said before the "crack" thing was a take on someone claiming that I was on crack for saying that Marina District primo properties would never fall, and that Downtown properties would never fall 50%. We saw otherwise. ;-)
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wilson
Posts:1706
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| 09/09/2008 11:24 PM |
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The buildings/units I'm looking at will probably never fall 50% from the peak. Maybe poor units at the Mills, Palermo or Acqua Vista.
That terrace unit is off a substantial 18% from peak prices. Now if that falls another 32% from peak, I'll eat my hat. |
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Brian
Posts:4660
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| 09/09/2008 11:48 PM |
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$500k for that type of unit at Cityfront Terrace is quite possible. A deep recession will definitely give us that.
Time will tell... |
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sleepybear
Posts:116
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| 09/10/2008 8:19 AM |
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| 1629--"Like I said before the 'crack' thing was a take on someone claiming that I was on crack . . "
It's all about you and your hurt feelings, isn't it? |
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Brian
Posts:4660
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| 09/10/2008 9:34 AM |
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| Not about my hurt feelings. It's about having a little fun. Yes, I am on crack -- I'm addicted to housing cracks. |
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Brian
Posts:4660
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| 09/14/2008 11:04 AM |
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How about #1705.
Can you anticipate the staying power of the seller after she's "thrown away" 4 years of mortgage payments? How much longer can she hang-on?
500_W_Harbor_Dr_1705_San_Diego_CA_92101
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jackjack
Posts:168
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| 09/14/2008 3:42 PM |
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Posted By wilson on 09/09/2008 11:24 PM
The buildings/units I'm looking at will probably never fall 50% from the peak. Maybe poor units at the Mills, Palermo or Acqua Vista.
That terrace unit is off a substantial 18% from peak prices. Now if that falls another 32% from peak, I'll eat my hat.
You forgot Park Boulevard East/West, Cortez Blu, the El Cortez, Discovery, and M2I. You're right, though. Nice units in the Marina have held up their value better than the rest. They will still drop some more. There is more stealth inventory in the Marina. |
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Brian
Posts:4660
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| 09/22/2008 8:20 PM |
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Posted By wilson on 09/09/2008 11:24 PM
The buildings/units I'm looking at will probably never fall 50% from the peak. Maybe poor units at the Mills, Palermo or Acqua Vista.
That terrace unit is off a substantial 18% from peak prices. Now if that falls another 32% from peak, I'll eat my hat.
Think again.
I'm sure that #818 was "valued" at about $700k back in 2006.
500_W_Harbor_Dr_818_San_Diego_CA_92101
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Brian
Posts:4660
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Brian
Posts:4660
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Brian
Posts:4660
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Brian
Posts:4660
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Brian
Posts:4660
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| 04/22/2009 10:59 PM |
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Posted By wilson on 09/09/2008 11:24 PM
The buildings/units I'm looking at will probably never fall 50% from the peak. Maybe poor units at the Mills, Palermo or Acqua Vista.
Wilson, do you consider 350 Ash a good building or a bad building?
350_W_Ash_St_1008_San_Diego_CA_92101
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wilson
Posts:1706
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| 04/23/2009 1:15 PM |
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| Though this is a Cityfront Terrace thread, the unit #1008 at 350 west ash is a bit problemmatic. Those 800sf "lofts" are pretty long and skinny and do't have a whole lot of window space at the outside wall. Some oth the larger units actually look quite nice, but the lower end units I think are poor units. |
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Brian
Posts:4660
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Brian
Posts:4660
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Brian
Posts:4660
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