Friday, June 5, 2009

Meet Joel Meacham

Biography


Joel Meacham joined Lee & Associates-San Diego and has actively pursued landlord and tenant representation through aggressive cold calling and submarket canvassing techniques. Formerly Joel was with JSI Commercial where he gained experience in commercial real estate as a sales associate and marketing assistant. Joel's extended work history included managing a high end bar at one of San Diego's premier restaurants. Career History / Professional Recognition Joel holds a California Real Estate License and is the recipient of the 2006 CCIM Undergraduate Scholarship. Joel is also a member of NAIOP, San Diego Chapter. Affiliations / Education Joel received an Associates degree in communications from Mesa College and attended classes at San Diego State University majoring in Business Real Estate.

----------

You would think that a realty agent would know better wouldn't you?

Well, Mr. Meacham went out and bought at Liberty Station in 2008 thinking he got a good deal. After all, he's an expert in real estate matter.

Not even a year after purchase, he lists the condo below purchase price.

Purchased 04/04/2008 $515,000

Now listed for $510,000.

MLS-090007475-2728_Farragut_99_San_Diego_CA_92106

Isn't the bathroom so 1988 looking?

Will this condo go short-sale then foreclosure, with an eventual taxpayer subsidy? Time will tell.....

5 comments:

  1. Shouldn't have drank from his own kool-aide.

    ReplyDelete
  2. Bri - check your email

    ReplyDelete
  3. Bloomberg (7-11-09) - Roubini Says U.S. Recession Will Last Six More Months

    Does that mean it will end in 6 months? I think that's what he means. Hold on--presently-reluctant buyers will return shortly, with a vengeance. Does the phrase "pent-up demand" ring a bell.

    ReplyDelete
  4. Pent-up demand by whom? Wasn't home ownership the highest it has ever been during the bubble. Why, didn't everybody and their mother and brother own homes, multiple homes. Who else is out there that's going to start buying multiple homes again. How many multiple homes will be bought and who will be occupying these multiple homes? Keep dreaming and hoping and wearing those blinders. Keep calling bottom. It may happen some year.

    ReplyDelete
  5. More than two months later, no more realtors "outed" by this self-appointed savior of the real estate buying masses. I guess all the remaining realtors have been solid investors and honorable people.

    ReplyDelete