Saturday, February 17, 2007

Rancho Bernardo homeowners on the ropes


(Click to enlarge)



Remarks:


A few examples of Rancho Bernardo home owners who are below the curve on timing the real estate market (some as much as $230K). Some homes are actually listing under 2004 prices. I am sure these set of owners will not be the last to be on this prestigious list.

6 comments:

Anonymous said...

And these listing prices are just wishing prices. Could (Will) be a lot worse. Sucks to be them.

Thanks for the good work Bob.

Anonymous said...

Just found this blog,

Great work,


Looking to buy at some point and this kind of info. help keep us grounded.

Anonymous said...

Sure seems like there a re a ton of people waiting to buy? I wonder if they have cash and good credit or they are dreamers hoping for 1996 prices?

Anonymous said...

Judging by the purchase dates these guys look like either investors or flippers... as if there is a difference. If these new credit standards stick maybe we can finally get back to more reasonable prices, pop this bubble in housing and have all the money that went into housing go in a more beneficial area... great job on your blog...

Anonymous said...

How exacly are you calculating the "potential loss" here?.... Is it me or is your math a bit off...???

mcooley said...

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