- This topic has 50 replies, 11 voices, and was last updated 16 years, 8 months ago by
sdduuuude.
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AuthorPosts
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March 30, 2008 at 10:15 AM #12285March 30, 2008 at 10:29 AM #178356
PadreBrian
Participant450k is the sweet spot. Depends on the area, but that’s a good price for the right house. Also, that’s the price where the household income can be 90k. Wait a lil longer and more and more houses will come down to that level.
March 30, 2008 at 10:29 AM #178814Participant450k is the sweet spot. Depends on the area, but that’s a good price for the right house. Also, that’s the price where the household income can be 90k. Wait a lil longer and more and more houses will come down to that level.
March 30, 2008 at 10:29 AM #178732Participant450k is the sweet spot. Depends on the area, but that’s a good price for the right house. Also, that’s the price where the household income can be 90k. Wait a lil longer and more and more houses will come down to that level.
March 30, 2008 at 10:29 AM #178725Participant450k is the sweet spot. Depends on the area, but that’s a good price for the right house. Also, that’s the price where the household income can be 90k. Wait a lil longer and more and more houses will come down to that level.
March 30, 2008 at 10:29 AM #178714Participant450k is the sweet spot. Depends on the area, but that’s a good price for the right house. Also, that’s the price where the household income can be 90k. Wait a lil longer and more and more houses will come down to that level.
March 30, 2008 at 11:03 AM #178829SD Realtor
ParticipantIt all depends on where you are looking Bane. No I don’t think we have reached a bottom anywhere. I posted about the possibility of seeing a jump in activity in the spring and many people I know have experienced the same frustrations you have. It is tough on buyers who are being selective.
Just remember that secular markets do not go straight down. The have minor rallies within the greater secular direction. I would not characterize what we are seeing as a huge rally, just that pricing of certain properties in certain areas is getting slurped up by demand. Although people hate to acknowledge it on this site, there still is demand at certain price levels for certain homes in various zip codes. Is it indicative of a bottom? In my mind it is not but it may form at least a temporary base for a few months or longer until inventory overtakes that demand.
SD Realtor
March 30, 2008 at 11:03 AM #178371ParticipantIt all depends on where you are looking Bane. No I don’t think we have reached a bottom anywhere. I posted about the possibility of seeing a jump in activity in the spring and many people I know have experienced the same frustrations you have. It is tough on buyers who are being selective.
Just remember that secular markets do not go straight down. The have minor rallies within the greater secular direction. I would not characterize what we are seeing as a huge rally, just that pricing of certain properties in certain areas is getting slurped up by demand. Although people hate to acknowledge it on this site, there still is demand at certain price levels for certain homes in various zip codes. Is it indicative of a bottom? In my mind it is not but it may form at least a temporary base for a few months or longer until inventory overtakes that demand.
SD Realtor
March 30, 2008 at 11:03 AM #178729ParticipantIt all depends on where you are looking Bane. No I don’t think we have reached a bottom anywhere. I posted about the possibility of seeing a jump in activity in the spring and many people I know have experienced the same frustrations you have. It is tough on buyers who are being selective.
Just remember that secular markets do not go straight down. The have minor rallies within the greater secular direction. I would not characterize what we are seeing as a huge rally, just that pricing of certain properties in certain areas is getting slurped up by demand. Although people hate to acknowledge it on this site, there still is demand at certain price levels for certain homes in various zip codes. Is it indicative of a bottom? In my mind it is not but it may form at least a temporary base for a few months or longer until inventory overtakes that demand.
SD Realtor
March 30, 2008 at 11:03 AM #178741ParticipantIt all depends on where you are looking Bane. No I don’t think we have reached a bottom anywhere. I posted about the possibility of seeing a jump in activity in the spring and many people I know have experienced the same frustrations you have. It is tough on buyers who are being selective.
Just remember that secular markets do not go straight down. The have minor rallies within the greater secular direction. I would not characterize what we are seeing as a huge rally, just that pricing of certain properties in certain areas is getting slurped up by demand. Although people hate to acknowledge it on this site, there still is demand at certain price levels for certain homes in various zip codes. Is it indicative of a bottom? In my mind it is not but it may form at least a temporary base for a few months or longer until inventory overtakes that demand.
SD Realtor
March 30, 2008 at 11:03 AM #178748ParticipantIt all depends on where you are looking Bane. No I don’t think we have reached a bottom anywhere. I posted about the possibility of seeing a jump in activity in the spring and many people I know have experienced the same frustrations you have. It is tough on buyers who are being selective.
Just remember that secular markets do not go straight down. The have minor rallies within the greater secular direction. I would not characterize what we are seeing as a huge rally, just that pricing of certain properties in certain areas is getting slurped up by demand. Although people hate to acknowledge it on this site, there still is demand at certain price levels for certain homes in various zip codes. Is it indicative of a bottom? In my mind it is not but it may form at least a temporary base for a few months or longer until inventory overtakes that demand.
SD Realtor
March 30, 2008 at 11:23 AM #178767patb
ParticipantChill Out Dude,
This is the beginning of buying season, expect some uptick as
people seek to relocate.Don’t worry, there are still a trillion dollars of OPTION-ARMS
waiting to reset, particularly IO’s.Bernanke can’t hold LIBOR down and as these reset, all hell will
be breaking loose.Come August, lots more price resets will happen
March 30, 2008 at 11:23 AM #178849ParticipantChill Out Dude,
This is the beginning of buying season, expect some uptick as
people seek to relocate.Don’t worry, there are still a trillion dollars of OPTION-ARMS
waiting to reset, particularly IO’s.Bernanke can’t hold LIBOR down and as these reset, all hell will
be breaking loose.Come August, lots more price resets will happen
March 30, 2008 at 11:23 AM #178390ParticipantChill Out Dude,
This is the beginning of buying season, expect some uptick as
people seek to relocate.Don’t worry, there are still a trillion dollars of OPTION-ARMS
waiting to reset, particularly IO’s.Bernanke can’t hold LIBOR down and as these reset, all hell will
be breaking loose.Come August, lots more price resets will happen
March 30, 2008 at 11:23 AM #178750ParticipantChill Out Dude,
This is the beginning of buying season, expect some uptick as
people seek to relocate.Don’t worry, there are still a trillion dollars of OPTION-ARMS
waiting to reset, particularly IO’s.Bernanke can’t hold LIBOR down and as these reset, all hell will
be breaking loose.Come August, lots more price resets will happen
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