Comments on: 1.1M off and still falling http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html Southern California is Experiencing a Real Estate Bubble like never before Fri, 04 Feb 2011 01:16:46 -0700 hourly 1 http://wordpress.org/?v=3.1 By: Brad Davidson http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94390 Brad Davidson Wed, 31 Mar 2010 18:24:58 +0000 http://www.socalbubble.com/?p=872#comment-94390 Odd... They canceled this listing on 3/22 and I just got a request to do a BPO (Broker Price Opinion) from the bank. Guess they can't figure out how much it's worth. They're so stupid. It's worth what someone will pay. Lower the price till you get some offers. This isn't rocket science. Odd… They canceled this listing on 3/22 and I just got a request to do a BPO (Broker Price Opinion) from the bank. Guess they can’t figure out how much it’s worth.

They’re so stupid. It’s worth what someone will pay. Lower the price till you get some offers. This isn’t rocket science.

]]> By: Crap Head http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94347 Crap Head Tue, 23 Feb 2010 16:44:53 +0000 http://www.socalbubble.com/?p=872#comment-94347 Pass the Cheese Please. Back on Market 02/17/2010. Pass the Cheese Please.
Back on Market 02/17/2010.

]]> By: Crap Head http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94342 Crap Head Wed, 17 Feb 2010 14:39:40 +0000 http://www.socalbubble.com/?p=872#comment-94342 Ladera is Master Planning at it's best. Clearly planned for people who really know their cheese. Long Beach happened large and fast and there may be traffic, but it can't compete with the cheesy planning that produces places like Ladera Ranch. Ladera is Master Planning at it’s best. Clearly planned for people who really know their cheese.

Long Beach happened large and fast and there may be traffic, but it can’t compete with the cheesy planning that produces places like Ladera Ranch.

]]> By: Beachchic http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94338 Beachchic Tue, 16 Feb 2010 21:39:35 +0000 http://www.socalbubble.com/?p=872#comment-94338 I hate Ladera (there's no character)! I live nearby in Pacific Hills (MV) and the traffic is horrendous. I only live here to be closer to work. I am from Long Beach, a much larger city, and did not see the traffic there like I do here. I hate Ladera (there’s no character)! I live nearby in Pacific Hills (MV) and the traffic is horrendous. I only live here to be closer to work. I am from Long Beach, a much larger city, and did not see the traffic there like I do here.

]]> By: Chuck Ponzi http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94337 Chuck Ponzi Mon, 15 Feb 2010 09:28:06 +0000 http://www.socalbubble.com/?p=872#comment-94337 OK, I'll take that bet. Please video the drive from oneill& crown valley (shortest distance to 5 from Ladera, most live quite a bit farther) at 8:00 am, and post it online. If you can upload videos that long on YouTube. I hear they have a 30 minute limit on videos, but I'm not sure. That, I'd like to see. Chuck And yes, the cheeze is there. Real Housewives on steroids and hopped up on Botox. It's the land of the 850/month HOAs plus 500/month MelloRoos. I stand by my assessment. OK, I’ll take that bet.

Please video the drive from oneill& crown valley (shortest distance to 5 from Ladera, most live quite a bit farther) at 8:00 am, and post it online.

If you can upload videos that long on YouTube. I hear they have a 30 minute limit on videos, but I’m not sure.

That, I’d like to see.

Chuck

And yes, the cheeze is there. Real Housewives on steroids and hopped up on Botox. It’s the land of the 850/month HOAs plus 500/month MelloRoos. I stand by my assessment.

]]> By: Jo http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94336 Jo Mon, 15 Feb 2010 03:19:13 +0000 http://www.socalbubble.com/?p=872#comment-94336 Lets not embellish. Ladera is really not that hot. This summer I had my AC runnning for maybe 2 weeks total. Getting to the 5 is pretty quick. Now if you want to talk about cheesy people from the real OC or HELOCS gone wild Ladera is your place. Did I mention the cheese? Lets not embellish. Ladera is really not that hot. This summer I had my AC runnning for maybe 2 weeks total. Getting to the 5 is pretty quick.

Now if you want to talk about cheesy people from the real OC or HELOCS gone wild Ladera is your place. Did I mention the cheese?

]]> By: Crap Head http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94335 Crap Head Sun, 14 Feb 2010 15:39:17 +0000 http://www.socalbubble.com/?p=872#comment-94335 Also interesting is the $1,012,000 sale price as a new home in public records in mid-2003. If this thing had multiple offers then it may well sell above the mid-2003 price. In June 2003 the home price index was about 155 and has not gone much below 160 since hitting bottom earlier this year. Compare that with the index of 270 at the time of the $2.2M sale in March of 2006, almost at the peak. The area seems to be performing at levels comparable to the regional home price index. Also interesting is the $1,012,000 sale price as a new home in public records in mid-2003. If this thing had multiple offers then it may well sell above the mid-2003 price.

In June 2003 the home price index was about 155 and has not gone much below 160 since hitting bottom earlier this year. Compare that with the index of 270 at the time of the $2.2M sale in March of 2006, almost at the peak.

The area seems to be performing at levels comparable to the regional home price index.

]]> By: Brad Davidson http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94332 Brad Davidson Tue, 09 Feb 2010 20:52:59 +0000 http://www.socalbubble.com/?p=872#comment-94332 Plenty of people are stepping up on this one. It's an REO listing ($1,100,000) that is on hold because they have more offers than they need. It will be pending soon. Anyone who wants to see the pictures can email me at brad@wehelpubuy.com and I'll send you the listing. Plenty of people are stepping up on this one. It’s an REO listing ($1,100,000) that is on hold because they have more offers than they need. It will be pending soon.

Anyone who wants to see the pictures can email me at brad@wehelpubuy.com and I’ll send you the listing.

]]> By: Chuck Ponzi http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94331 Chuck Ponzi Tue, 09 Feb 2010 01:23:56 +0000 http://www.socalbubble.com/?p=872#comment-94331 Yeah. Property was taken off the market within 2 hours of my post. It was bak to bene back in December. It was listed for 1.1M. As of this moment, listing is still here: http://www.estately.com/listings/info/40-lewiston-ct#listings/info/40-lewiston-ct Catch the pics before it goes again. Yeah. Property was taken off the market within 2 hours of my post. It was bak to bene back in December. It was listed for 1.1M.

As of this moment, listing is still here:

http://www.estately.com/listin.....ewiston-ct

Catch the pics before it goes again.

]]> By: aksteve http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94330 aksteve Tue, 09 Feb 2010 00:35:26 +0000 http://www.socalbubble.com/?p=872#comment-94330 Great description of Ladera. Although that could also be a description of 95% of the OC. Great description of Ladera. Although that could also be a description of 95% of the OC.

]]> By: jt http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94329 jt Tue, 09 Feb 2010 00:27:46 +0000 http://www.socalbubble.com/?p=872#comment-94329 i must be missing something.. the link says it sold for $1.2 in December.. anyway, here's an interesting video regarding mortgage mods.. not that i think they should be handing these out, but it does show why the banks may not be willing to work with homeowners.. wonder how much the bank made on this deal when it sold for $1.2 in Dec? <a href="http://www.thinkbigworksmall.com/mypage/player/tbws/23088/964766" rel="nofollow">Linky</a> i must be missing something.. the link says it sold for $1.2 in December..
anyway, here’s an interesting video regarding mortgage mods.. not that i think they should be handing these out, but it does show why the banks may not be willing to work with homeowners.. wonder how much the bank made on this deal when it sold for $1.2 in Dec?

Linky

]]> By: Chuck Ponzi http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94328 Chuck Ponzi Mon, 08 Feb 2010 20:37:29 +0000 http://www.socalbubble.com/?p=872#comment-94328 Listing had an awesome shot of a green pool in the backyard. You could practically smell the stagnant water. Chuck Listing had an awesome shot of a green pool in the backyard. You could practically smell the stagnant water.

Chuck

]]> By: John Glanton http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94327 John Glanton Mon, 08 Feb 2010 20:00:24 +0000 http://www.socalbubble.com/?p=872#comment-94327 I don't follow the "cesspool" and "mosquito" references. Can you elaborate? I don’t follow the “cesspool” and “mosquito” references. Can you elaborate?

]]> By: Chuck Ponzi http://www.socalbubble.com/2010/02/1-1m-off-and-still-falling.html/comment-page-1#comment-94326 Chuck Ponzi Mon, 08 Feb 2010 19:51:37 +0000 http://www.socalbubble.com/?p=872#comment-94326 Dang, listing pulled within hours. Some knifecatcher about to fall out of escrow like the last 3? Chuck Dang, listing pulled within hours. Some knifecatcher about to fall out of escrow like the last 3?

Chuck

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