We are leading edge of BB’s. Professionals, both still working, by choice, but moving to part time. Seriously looking to sell in Spring. With a very good amount of equity still intact.
My analysis – prices are years from recovery to 2005 / 2006 levels even in the best of hoods. Easy to get 7.5% + in safe investments. So makes way more sense to sell, rent and put equity out to get a good return.
Probably about 1 – 2 years left in SD and then split time between Palm Desert and Oregon. SD too expensive, too much traffic and so on. I will enjoy coming back over the mountains for several days at a time, but living here all the time – no. There are just way more options. possibilities and adventures to persue.
Conversely we will continue to hold rentals we own in SD as long term rents will keep on climbing. Even thinking of buying some additional rentals as prices / ROI is starting to make sense again.
