The “market” is a few buyers here and there with varying levels of expertise and motivations, so be reluctant to make general assumptions. But if you’re a Leucadia buyer holding out for better pricing, this will make you cringe:
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
What is so hard to understand? That living in the Leucadia view area without the Dallas/Denver/Temecula tract home ambiance of Bressi Ranch might appeal to a few people with means? Some folks like a greenhouse and a few chickens down the street, it makes it easier to find your house.
Inlove leucadia. I grew up there and there’s nothin like it. Walking distane to the Beach. Unique homes and streets…mature vegitation and it’s just a great place to live. I would much rather live there than in overpriced and bland Carlsbad or Carmel Valley. It just has zero appeal…it looks like it’s fake.
No thanks.
Every house I walk into has “multiple offers.” Most don’t sell.
Where else can you find so many avocado trees that you never have to buy them? Avocado acres is the nickname…..every house on our street has at least one or two.
“Even though they’re a bit eclectic they’re still popping.”
I would take eclectic over cookie cutter any day.
That’s one of the great appeals of Leucadia.
I have never looked at a house that didn’t have multiple offers in on it. That phrase just goes in one ear and out the other.
Oh to move back to Leucadia (whine whine). Keep thinking ‘who or what can I sell’ to get back there ;). We’re not ‘cookie cutter houses in a tight HOA’ people either. But so few in the south of $550k range that you also don’t have to sink $100k in immediately. (more whine and wine) Happy Friday everyone!
Looks like the Fire Mountain Area in Oceanside, but half the price. Decided to pass on that area, and keep looking on the Carlsbad side.
Just wait till the 101 is completed. Leucadia is going to be as expensive as solana beach
Jim,
Between this house and the tear down in Cardiff a few days ago, it’s simply amazing how much people are willing to pay to live in North County Coastal. Here is a glimpse of what’s happening to middle class neighborhoods in the outlying suburbs of Phoenix.
http://www.youtube.com/watch?v=DJiUH5IP75w
Jack,
The 101 is also going to be narrowed to one lane through most of Solana Beach in order to make it more pedestrian and bicycle friendly. If the 5 is also not widened, in my opinion it would be make living in and getting around the beach towns more frustrating, leading to less desirability and lower prices. However, this logical conclusion is shattered by JtR’s videos on how expensive and fast coastal properties sell for. It seems like coastal market from Del Mar to Carlsbad can pretty much withstand any adversity brought upon it.
Too many offers to show?!? That’s utter, total BS.
What kind of people hire such idiot realtors??? That’s like saying “Thank you, but the seller doesn’t want top dollar.”
Happs-Nothing will ever, ever top my all-time favorite bubble-licious house:
http://www.redfin.com/CA/Palm-Springs/398-W-Palm-Vista-Dr-92262/home/6044258
Sales record:
Apr 16, 2001 Sold (Public Records) $38,250 (bank forecloses; price is arbitrary and probably the amount owed)
Jun 28, 2001 Sold (Public Records) $36,000 (bank sells it to somebody)
Oct 11, 2002 Sold (Public Records) $96,000 (first flip)
Oct 06, 2003 Sold (Public Records) $119,000 (second flip)
Jul 30, 2004 Sold (Public Records) $200,000 (third flip)
Sep 20, 2005 Sold (Public Records) $350,000 (fourth flip)
Sep 22, 2006 Sold (Public Records) $450,000 (fifth flip)
HOUSING CRASH
Feb 08, 2008 Sold (Public Records) $399,479 (bank forecloses; price is arbitrary and probably the amount owed)
Apr 25, 2008 Listed (bank lists the property for sale)
Apr 30, 2009 Sold (Public Records) $32,500 (bank finally sells the property after at least ten price reductions and one year on the market)
Jun 14, 2010 Listed (new buyer finally lists the property for $50,000)
Sep 13, 2010 Sold (Public Records) $20,000 (buyer fails at the flipping)
Nov 01, 2010 Sold (Public Records) $30,000 (next guy does ok though)
So, the house was flipped five times in five years for a singnificant profit each time, then sells after the crash at a 95.6% discount from the peak selling price. Oh, and check out the Google Street View-a block to the north of the house the Google guys catch a drug deal in process.
tj, I think “Thank you, but the seller doesn’t want top dollar”
is actually translated as “I don’t care what the seller wants, I want both sides of this commission.”
Geotph, What the heck does that have to do with Leucadia? And, why in the heck would you waste our collective time with that data?
MDS, I agree that it looks a little like Fire Mountain, but Fire Mountain is much less expensive than Leucadia. I live in Fire Mountain and love it. But would have bought in Leucadia if I had more do re mi!
Art,
Yeah, that’s my take, too.
You’d be surprised how many agents can’t handle multiple offers, or round-trips – or even worse, the combo.
We’ll see when it closes who rep’d buyer.
She double representing.
“If the 5 is also not widened, in my opinion it would be make living in and getting around the beach towns more frustrating, leading to less desirability and lower prices.”
__________________
Sounds like Bird Rock. Except for the less desireability and lower prices part….