[quote=CA renter][quote=zzz]Trust me, if you walked into this house and looked at it, you would not think it had been fixed up nicely. It looked like someone did some cheap remodeling. The living room looks like an add on and someone threw that on. You would have thought, this looks like an apartment but everything is super crammed in there.
Super loud street and you have no yard. The couple who sold the house had a small child and you would not let your child play in that front yard, its a super busy street.[/quote]
It looks like they used floor tiles on the kitchen counters, no?
From what I saw in North County, prices were very soft or down from 2006 to 2007. Look at the premium they paid in 2007 over the 2006 price. Then, some idiot came in and paid even more!!!!
We are also witnessing the same kind of insanity in North County — people paying MORE than peak prices in a number of cases. Is nobody paying attention to what’s going on, or do we live in a different dimension now?
Oh, and I couldn’t agree more with what you’ve said, HLS.[/quote]
Some folks are panicking right now, trying to get that $8,000 before it gets rescinded or buy before rates go up. It never dawns on them that that $8,000 could very well cost them $100,000 if/when prices go down, and higher interest rates = lower prices.
