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San Diego Housing Bubble News and Analysis |
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When I buy my next owner occupied home, I probably will purchase something priced around...Submitted by fat_lazy_union_... on August 29, 2008 - 11:02pm
$0-200,000
2% (1 vote)
$200,001-400000
43% (25 votes)
$400001-600,000
19% (11 votes)
$600,001-800000
17% (10 votes)
$800,001-1,000,000
7% (4 votes)
$1,000,001-1,200,000
2% (1 vote)
$1,200,001-1,400,000
0% (0 votes)
$1,400,001-1,700,000
0% (0 votes)
$1,700,001-2,000,000
0% (0 votes)
$2,000,001-3,000,000
2% (1 vote)
$3,000,001+
0% (0 votes)
My next home purchase won't be owner occupied
9% (5 votes)
Total votes: 58
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bump
Having sold more homes than I can count I've learned everyone spends more than than want to or think they should around SD. Looking at the graph where everyone professes to wanting to spend 300 to 400 leads me to believe that you'll all need a budget of about 500 to 600K to get what you want.
bump.
Come on, $0 to $200K!!!! If we all work together, it can happen!!!
Or maybe if we all dont work, or not much.
Target date: 2012.
Contrarian viewpoint.
I've always thought I would spend about $300k on a place. If I put about $100k down, it would leave me with a fairly easy payment. I'm not the kind of guy to buy more than I've budgeted for, or am comfortable with. It's possible I could go higher if I have a better year than I anticipate. My time frame is Fall '09.
BUMP!!!
When did this site morph into a politcs discussion??
I know. What can you say? Anyway have a great Labor Day weekend, folks.
I answered in terms of "today's market" even though I won't buy for another 3-6 years.