May 13, 2008

Winners and Losers

 

It is the nature for most human beings to be competitive. For Americans in particular, we love to establish who’s the best. In sports we have number one rankings and celebrate those that attain the title. Defining winners and losers is something we do almost innately. Who’s the richest, who’s the best tennis player, what’s the best performing company on the stock market? These are all questions that many sit around and debate and sometimes actually argue about.

 Eli Broad

When it comes to real estate, the line seems to be a lot more blurred when establishing winners and losers. It is difficult to quantify, (with maybe th exception of Eli Broad of K.B. Homes, Forbes 42nd richest American, 5.8 billion net worth) in today’s market who is winning and who is losing, as most seem to be cast in the same boat. While just a few short years ago, this was certainly not the case, we all have friends that made a truck load of money in the real estate market and establishing them as winning the game was easy. Some have retained that status, most have not. So in the theme of winners and losers, here are a few homes in Huntington Beach that have lost their value. Maybe by purchasing one you can feel like a winner…if only for a minute.

20092 Bayfront Ln. #202:  1 Beds 1 Baths, 924 SQ. FT. The list price was “$309,000″ and changed to “$299,000″

20191 Cape Coral Ln. #212: 2 Beds, 2 Baths, 1,000 SQ. FT. The list price was “$424,900″ and changed to “$439,900″

7402 Coho Dr. #105: 3 Beds, 4 Baths, 2,100 SQ. FT. The list price was “$649,000″ and changed to “$639,000″

7412 Seabluff Dr. #104: 3 Beds, 2.5 Baths, 2,000 SQ. FT.

519 17th St: 4 Beds, 3 Baths, 1,886 SQ. FT. The list price was “$899,950″ and changed to “$875,000″

19242 Harding Ln: 3 Beds, 2 Baths, 1,150 SQ. FT. The list price was “$593,500″ and changed to “$568,000″

9162 Heatherton Cr: 3 Beds, 2 Baths, 1,500 SQ. FT. The list price was “$679,900″ and changed to “$655,000″

6691 Brentwood Dr: 3 Beds, 3 Baths, 2,560 SQ. FT. The list price was “$1,149,000″ and changed to “$1,129,000″

9525 Kensington Dr: 3 Beds, 2 Baths, 1,100 SQ. FT. The list price was “$349,000″ and changed to “$334,900″

8211 Mainsail Dr. #204: 2 Beds, 2 Baths, 1,211 SQ. FT. The list price was “$459,450″ and changed to “$438,900″

711 Ocean Ave. #325: 2 Beds, 1 Bath,  968 SQ. FT. The list price was “$1,000,000″ and changed to “$850,000″

118 Park St: 4 Beds, 3 Beds, 3,025 SQ. FT. The list price was “$1,895,000″ and changed to “$1,850,000″

7088 Rockway Ct: 3 Beds, 3 Baths, 1,575 SQ. FT. The list price was “$649,000″ and changed to “$625,000″

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