You get three stars for your post. Yeah, the problem I have with the some of the posts about downpayments is that they are extrapolating to the rest of the population based on anecdotes of a what is agruably a small % of the overall market. The problem is that it doesn’t jibe with what I’m reading in the MSM either about national savings rates and the general retirement health of the boomers ahead of me.
Anecdotes are not enough to sustain a housing market…not even just Carmel Valley. Sorry if I’m raining on some realtor’s parade for their clientele, but that is just too damn bad.
