REOs Getting More Attractive

by | Feb 2, 2011 | Bubbleinfo TV, North County Coastal, REOs Coming to Market | 4 comments

If these hit the open market around what the same prices as offered at the ‘steps, it should create frenzy-like conditions.  Are flippers wearing down, or do they know something?

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Jim the Realtor
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4 Comments

  1. tj & the bear
    tj & the bear on February 2, 2011 at 9:37 pm

    I got a ticket once for “cling-ons”. 🙂

  2. Valerie
    Valerie on February 2, 2011 at 10:20 pm

    There was a house in bay collection that closed recently in the high 700s. It’s getting harder for spinnaker hills to justify their high prices when you can get a huge brand new home with much more curb appeal in bay collection in the 800s.

    The house at the other end of daffodil just closed for $675. It was not as nice inside but same view and it had a pool.

  3. Jiji
    Jiji on February 3, 2011 at 7:06 am

    Kind of goes along with what I was seeing , NC got hit hard 4Q last year from what I have been seeing.

    The one for 381K seems a good deal, I think the flippers will make a nice profit on that one.

    The last one for 680K I think will not be on the market long, nice view !

    Just My opinion but I think this cold weather back east will bring some domestic migration into Socal this spring, so maybe that will be something interesting to watch, also maybe even Florida will see a come back of sorts. Again just my opinion .

  4. Local Boy
    Local Boy on February 3, 2011 at 7:32 am

    I’ll bet the one in Rancho Carrillo will go on at $550K or above.

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