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March 30, 2010 at 8:19 AM #17285March 30, 2010 at 8:46 AM #533179Nor-LA-SD-guyParticipant
California rebound boosts 20-city home price index
Rebound in California market helps lift home price index
March 30, 2010 at 8:46 AM #534115Nor-LA-SD-guyParticipantCalifornia rebound boosts 20-city home price index
Rebound in California market helps lift home price index
March 30, 2010 at 8:46 AM #533309Nor-LA-SD-guyParticipantCalifornia rebound boosts 20-city home price index
Rebound in California market helps lift home price index
March 30, 2010 at 8:46 AM #533854Nor-LA-SD-guyParticipantCalifornia rebound boosts 20-city home price index
Rebound in California market helps lift home price index
March 30, 2010 at 8:46 AM #533756Nor-LA-SD-guyParticipantCalifornia rebound boosts 20-city home price index
Rebound in California market helps lift home price index
March 30, 2010 at 9:20 AM #533778sdrealtorParticipantAnother thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.
March 30, 2010 at 9:20 AM #534135sdrealtorParticipantAnother thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.
March 30, 2010 at 9:20 AM #533874sdrealtorParticipantAnother thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.
March 30, 2010 at 9:20 AM #533329sdrealtorParticipantAnother thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.
March 30, 2010 at 9:20 AM #533199sdrealtorParticipantAnother thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.
March 30, 2010 at 9:43 AM #533334Nor-LA-SD-guyParticipantInteresting :
Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.
Not saying this will last, but it does not look like a rug being pulled either.
Another interesting head line,
South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.
March 30, 2010 at 9:43 AM #533783Nor-LA-SD-guyParticipantInteresting :
Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.
Not saying this will last, but it does not look like a rug being pulled either.
Another interesting head line,
South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.
March 30, 2010 at 9:43 AM #533879Nor-LA-SD-guyParticipantInteresting :
Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.
Not saying this will last, but it does not look like a rug being pulled either.
Another interesting head line,
South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.
March 30, 2010 at 9:43 AM #533204Nor-LA-SD-guyParticipantInteresting :
Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.
Not saying this will last, but it does not look like a rug being pulled either.
Another interesting head line,
South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.
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