[quote=svelte]Let’s see, $250K would be 20% down on what, a $1.25M house?

Guess I’m saying that you could have probably put 20% down a long time ago on a lesser home.

But that’s neither here nor there – what would I do in your shoes right now?

I’d probably continue stashing cash. I can’t help but feel we are getting close to a peak. Maybe in the next 12 months. Probably right after the election, actually, no matter who wins.

I talked one of my kids into buying a home last year knowing prices were gonna rise…was the right decision and they are glad they did.

I talked the other kid out of buying recently in SF because my instinct tells me we are nearing a peak – told’em to wait and buy on the next dip.

At this point in time, that’s what I think you should do too. Ya just have to be brave enough to buy in a bear market. Its hard to do when you see prices crashing everywhere, but it’s much smarter than buying after a long run-up. Scaredy even found the courage to buy during the very dark days of real estate and he is glad he did.

Anyway, I understand your frustration. Hindsight is 20/20. All you can really do now is figure out the way forward. Good luck. Sounds like you’ve got a great head on your shoulders. I have faith you’ll figure it out.[/quote]

I did not really have any courage. I just did what my wife told me. however, I did what my wife had previously told me, like ulysses binding himself and his men to the mast. even she wanted to back out during the crash.

thesec illusions are destroying us. be true to your self. also know thy self. and try to get outside yourself. but don’t deny the self.

as kids move out, the square footage per person in this house is getting a little ridiculous.

anyone see ANOMALISA? that is the darkest movie ever.