DW I hear ya… feel the heat is definitely not implying a bottom… I wish it was man…
Cash my family is none to happy but resigned to live with my stubborness and bad habits. Like I said to pw I did submit an offer on a place in Scripps just the other day. It is a fixer in a big way but located where I want. Doesn’t look like it will happen though as I have been outbid. Anyways I will not be able to hold out until the timeframe I really want to wait until but that is okay. It will work for me.
I cannot move out of the area. The parents are here for good and are pretty much to old to move and other relatives are in town. For me it is about being close to family so we will stick it out and rent until we find something that works for us.
As far as my late 09 for some nicer drops that is my guess… I think we need a bump in the nicer areas and that bump will either be higher interest rates or higher foreclosures in nicer areas or a combo of both so I am pinning my hopes in some of these ALT As and other mortgages to these types of homes to add distress but it will not be until that time, late 09 to begin.
