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Monday, January 31st, 2011 at 8:17 PM

Picking Up?

This youtube was recorded on January 19th to show an out-of-town buyer, which was the day it was inputted onto the MLS (before the work was even complete, as you will hear).  Today it was marked pending, and another example that buyers are being very active in the new year:

Posted on Monday, January 31st, 2011 at 8:17 PM in Bubbleinfo TV, Market Conditions | 7 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 7 Responses

  1. Another winter like we are seeing now and even Florida RE will start to look like a good investment,

    Just kidding,

    But seriously it’s cold back there.

    Jiji | February 1st, 2011 at 8:37 am

  2. That is an odd floor plan. Entirely built for the view and all other considerations secondary. I’m not surprised it got snapped up though. That would be a great bachelor pad.

    MarkB | February 1st, 2011 at 11:30 am

  3. A house like that for under $700k? What are the recent comps? Seems like a steal, but I don’t know the area well at all.

    I don’t see how that subdivision would ever consider itself at the same level as the Covenant, but those houses are nice. I like the odd floor plan.

    Jeeman | February 1st, 2011 at 12:47 pm

  4. Odd floor plan but I can see how it got snapped up already. I would really like to see the pictures before the work was done. Great deal if they could do the rehab for no more than 100k. Tile and floor are standard low grade but I’m wondering how much they had to spend on the windows, yard, etc?

    Scott | February 1st, 2011 at 5:09 pm

  5. I think it was well under $100K – even the fireplace was untouched:

    http://www.sdlookup.com/MLS-100048904-1778_Kings_Rd_Vista_CA_92084

    Jim the Realtor | February 1st, 2011 at 5:47 pm

  6. Jeeman – not comparing the ‘hood to the Covenant, but suggesting how the cachet of any “special” neighborhood has diminished greatly in value in this conservative era.

    People don’t mind buying outside the Covenant if they think they are getting a better value (Fairbanks, Santaluz, Crosby, etc.), especially with regards to the fixers you get in the Cov up to $2M.

    Jim the Realtor | February 1st, 2011 at 5:57 pm

  7. Thanks for the link Jim. You’re right, it wasn’t a very extensive remodel.

    Scott | February 2nd, 2011 at 5:53 am

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