Hate it when I have to rewrite postings… I thought these kind of things are over since the days of telnet
Anyways long story short, I looked for a entry level condo since Sept. 2009 in 92131 ~ 92128. I didn’t really think the market would be so competitive. Since I was expecting a housing crash for 6 years and it hardly materialized, I thought people would be quite reluctant by now to invest in real estate.
After many unsuccessful offers, I finally got one accepted shortly after the tax credit expiration (duh). It’s not a real deal (only slightly less than $300/sqft) but the condo is in otherwise good state – its relatively new and I just did some cleaning and moved in. My mortgage is about the same as what it would be if I rented it – because the interest rate is so low.
I thought I’ll be coming here less often after this – I mean, it’s done and there is nothing I can do by worrying about what will happen to housing market in next months. I wanted to thank everyone here, as well as the site owner, because I feel I got valuable information over the past 6 years. Thank you all.