2003 Prices or Rollbacks

NEW -> Contingent Buyer Assistance Program
Last time I checked, the highest point in Florida is in Disneyworld .

In SoCal you're totally hemmed in by the ocean and the mountains - lots are smaller. The Inland Empire and Modesto, um, aren't.
 
Nah, there is a 400 foot mountain somewhere to the north. Tallahassee? Jax?

Our house sits tall and proud on a 10 inch hill. Really. we picked it out partly because of that, and it really did help when we had a LOT of rain from one of the 2005 hurricanes. House across the street in a 10 inch valley got flooded.
 
Trooper.

Like, Oh My God! For sure!

When 'Clueless' came out, all I could think was "I thought the Vals were all extinct - did they resurect them al la Jurrassic Park?"
 
av010808.jpg


Almost a 2002 rollback - Aliso Viejo:

Asking price: $299,000

2002 purchase price: $277,500

Redfin link.
 
Price reduced to less than 2003 price.

715 North Vine ST

Anaheim, CA 92805

Price: $307,500

Price Reduced: 08/09/07 -- $519,900 to $505,000

Price Reduced: 09/10/07 -- $505,000 to $489,000

Price Reduced: 12/04/07 -- $489,000 to $449,000

Price Reduced: 01/07/08 -- $449,000 to $307,500

$/Sq. Ft.: $277

Beds: 3

Baths: 2

Sq. Ft.: 1,109

Lot Size: 6,113 sq. ft.

Sale History:

05/18/2007 $400,100

03/23/2006 $565,000

11/26/2003 $315,000

P581772_1.jpg


http://www.redfin.com/stingray/do/printable-listing?listing-id=816074
 
13062 Cortina, Tustin Ranch 92782

MLS: S512607

Listing at $849,900

this is a Repo, last purchased in 2004 for 930K. Now selling for less than $300/sq feet. I really like the Tustin Ranch area, except this one backs up to busy street.
 
Penn,

that home must be HUGE to be under 300psqf and still be in the 800+ range. I'm starting to bid almost 250 where I can and when its appropriate (and still keep to the 130x rent multiplier. Anyways good luck

-bix
 
I posted this one in the Losses Outside of Irvine thread a while back, but it has been reduced twice since then and is now for sale for exactly the 2003 price for a 42% loss.

9282 Pacific AVE

Anaheim, CA 92804

Price: $350,000

$/Sq. Ft.: $215

Beds: 4

Baths: 1.75

Sq. Ft.: 1,630

Sale History:

05/01/2006 $605,000

07/31/2003 $350,000

04/16/2001 $230,000

08/07/1998 $165,000

03/01/1991 $192,500

03/09/1989 $185,000

P609390_0.jpg


http://www.redfin.com/stingray/do/printable-listing?listing-id=1280177
 
Sure makes a 2003 rollback not look quite as appetizing...

http://mortgage.freedomblogging.com/2008/01/25/loan-limits-and-oc-median-home-prices/

Year

Limit

Avg. median

Coverage

2007

$417,000

$610,979

68%

2006

$417,000

$627,688

66%

2005

$359,650

$590,167

61%

2004

$333,700

$515,667

65%

2003

$322,700

$409,375

79%

2002

$300,700

$347,750

86%

2001

$275,000

$296,244

93%

2000

$252,700

$265,021

95%

1999

$240,000

$239,042

100%

1998

$227,150

$223,369

102%

1997

$214,600

$201,479

107%

1996

$207,000

$190,208

109%

1995

$203,150

$189,375

107%

1994

$203,150

$200,438

101%

1993

$203,150

$201,125

101%

1992

$202,300

$210,792

96%

1991

$191,250

$214,517

89%

1990

$187,450

$212,417

88%

1989

$187,600

$211,271

89%

1988

$168,700

$181,326

93%
 
My goodness. Look at all those high tension wires....yikes. I like the size of the yard though, trees are nice.

Thanks for posting all of these Cayci.
 
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