JakeRoberts_IHB
New member
2432
Do you expect it to bottom out at $250,000?
Do you expect it to bottom out at $250,000?
New Houses take a dive: Costa Mesa
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freedomCM_IHB
New member
that seems to be a little low to me. things would have to become pretty desparate, like the banks taking them back and being unable to find any buyers, and letting them go to auction.
brand new SFR/condo on the east side, even in a bad location, won't go down to $250k in the next few years.
i would guess that once it drops below $400k, and investor will scoop it up.
brand new SFR/condo on the east side, even in a bad location, won't go down to $250k in the next few years.
i would guess that once it drops below $400k, and investor will scoop it up.
JakeRoberts_IHB
New member
Think you could get $2,000 a month if you were to rent it out?
freedomCM_IHB
New member
Well, that ad didn't come back to craigslist, so I'm guessing that it rented somewhere around the $3k they were asking for it.