A big congratulations to our friends at 803 Ida in Solana Beach on their fourth anniversary on the MLS.
We first covered 803 Ida back in 2008 when they were asking $995,000, down from $1.2 million earlier. Then on their second anniversary, they were asking $899,000. Two years later, and they are at $749,000. Just wait until 2013 and you'll be able to pick it up for $600,000. Unfortunately, all that time on the market hasn't been kind to the building. The Redfin agent notes that it "could use a little TLC."
In other news of misguided Solana Beach condo developers, remember 140 - 146 N. Rios? These glue-sniffers were trying to sell strip-mall-view condos for the same price as nearby big, beautiful, ocean-view single-family homes. Well, that didn't work out so well. Three years later, they're still trying to sell them at the same asinine prices.
"Seller may carry" indeed. That dude would carry you on his back across the Sahara Desert if you'd give him $1.65 million for a concrete jungle condo.
The experts agree We're going Full MMT So start buying gold Mauldin Economics on the prestigious Camp Kotok economic gathering: ...
CNBC : As part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest...