Carlsbadworker I definitely understand the family reasons for moving. If you gotta do it ya gotta do it. I am not so sure I agree with your prognostication of 10-20 percent decline in a few months but stranger things have happened. My stock advice is if the question is put in purely financial terms then no I would not recommend buying to anyone. Intnagibles such as family, lifestyle and or personal preferences have different priorities to different people.
Arraya as with all your other posts I agree with the above one you wrote for the most part. My only point of contention is an underestimation of divine intervention in the form of our nanny state. The more I keep hearing about bailouts the more I think we will be in this long slow japan like rut.
Let me ask you this, what happens if at least half of the upcoming 500 billion gets bailed out by the taxpayers in the form of principal adjustments where the lenders take the hit on the books but the FHA covers it.if Obama wins and the dems run the senate and house don’t you think something ugly will be passed? Today we saw a 300 billion towel.
