A Contest Winner!

by | Jul 24, 2010 | Contests | 4 comments

The REO sale in Rancho Penasquitos finally wrapped up yesterday!

We had a contest running on who could guess the final sales price (it listed for $414,8000 on March 26th).  Here is a link to that post with the contest guesses, and other videos about this property: https://bubbleinfocom.wpenginepowered.com/2010/03/27/fear-and-loathing-contest/#comments 

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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4 Comments

  1. Kathy Rowe
    Kathy Rowe on July 24, 2010 at 1:44 pm

    $385k. Damn…I guessed $389. What did Beachcats win? Love your videos.

  2. Geotpf
    Geotpf on July 24, 2010 at 3:16 pm

    I guessed high; $423k. Guess the freeway is a killer.

  3. Jim the Realtor
    Jim the Realtor on July 24, 2010 at 3:25 pm

    There were closed model-match sales this year of:

    $382,500 on 6/28/10
    $420,000 on 3/30/10
    $429,300 on 5/18/10
    $433,000 on 3/30/10

    The freeway was at least a -10% hit, but it was remarkably quiet all considered. The buyer is supposed to be a flipper, but yesterday it looked like they were moving in.

  4. Eli
    Eli on July 24, 2010 at 9:50 pm

    I went $330K caysh on this one. Need to work on that freeway pricing. Must’ve threw in a grappling hook for easy access on this one Jim. Congrats on the sale!

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