tag:blogger.com,1999:blog-3329419642567789295.post2757251399043590729..comments2023-10-30T06:49:13.259-07:00Comments on Larry Roberts real estate writing blog: Victoria Grove Goes Sub-$350Larry Robertshttp://www.blogger.com/profile/07551274023310137270noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3329419642567789295.post-65584099947588609702008-01-22T06:43:00.000-08:002008-01-22T06:43:00.000-08:00I have a buddy that lives in that tract. I beleive...I have a buddy that lives in that tract. I beleive he told me he paid around $280 for his house (it's a big one too). I think the Groves will go down into the low 300s. That area is competing with So Corona and the prices in So Corona are already getting into the low 300s for newer homes than the groves homes. They are also NOT built right below a dam. The way prices are tanking I'm begining to think we might see 1999 prices.golfer_Xhttps://www.blogger.com/profile/08426050465032209520noreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-38700420948055299792008-01-21T21:29:00.000-08:002008-01-21T21:29:00.000-08:00I remember looking at those and they were priced f...I remember looking at those and they were priced from the low 200s to the high 200s back in 2001. A friend of mine bought in there on Boxwood. He sold in 2005 for something like $560k. He paid $260k in 01 but did put a pool in and spent some money in the kitchen. He still banked over $200k on the home in 4 years. Unfortunately. He took that $200k and used it to buy a big home at the top of Lake Hills. He's totally screwed now. He paid $880 (I think) and now he says similar homes are for sale for $560. His $200k went "poof" and he will not be able to make his $4500 interest only payments for long.<BR/><BR/>I think those VG homes will be right around $300k when all this settles out. There are a half dozen listed under $400k now and they are just sitting there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-43933810577625700772008-01-21T19:39:00.000-08:002008-01-21T19:39:00.000-08:00It definitely is a short sale... public records sh...It definitely is a short sale... public records show a purchase on 2/2007 for $560K with a loan to match from ... let me see... oh yeah, New Century.<BR/>Anyway, I wish them luck, but actually, I hope it starts a bidding war because this community can't afford to reach $300K since everyone bought at that range before the frenzy started. (like me)<BR/><BR/>VG Resident...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-62574989331543429082008-01-18T22:57:00.000-08:002008-01-18T22:57:00.000-08:00I'm suffering from thumblexia this evening, it mig...I'm suffering from thumblexia this evening, it might be the scotch.golfer_Xhttps://www.blogger.com/profile/08426050465032209520noreply@blogger.comtag:blogger.com,1999:blog-3329419642567789295.post-48531299871857560682008-01-18T22:55:00.000-08:002008-01-18T22:55:00.000-08:00Boy, is that priced right! 29864 square feet for 3...Boy, is that priced right! 29864 square feet for 349K? That's $12.05 per square foot! Gimme two!! ;)califrothniahttps://www.blogger.com/profile/16160541995311110474noreply@blogger.com