Are you active duty? You mentioned working on base? My husband just retired from the USAF after 20 years, and we’re living in Temecula.
I can really understand where your wife is coming from. A few years ago, I bought a condo in La Costa and quickly saw the price rise from $300K to $415K. It was INTOXICATING. When I married my husband, and moved to VA with him, I immediately began pressuring him to go in on a rental property – multi unit – with me. All I could see was $$$$.
Now, I’m so relieved that he was more conservative and stubborn. We’d be screwed right now if he had listened to me. That is possibly the ONLY time you will hear me say THAT!
Like your wife, I am DYING to get into our own house. The last three years have been nothing but moving, change, not knowing my neighbors, not feeling a sense of place, or roots. I just want to get into a place where I can paint the dining room red if I want to…plant a garden and be a part of a COMMUNITY.
But, after crusiing around this forum, I’m beginning to see the light. It will be really hard for me to wait till 2009 to buy…I am chomping at the bit. And part of me thinks, “nah…it cant go much lower.” But I’m going to be much more restrained than I usually am.
I’m not sure if you have a specific reason for Oceanside, but have you considered Temecula? Not sure if you have kids but it’s very family friendly up here – and I mean VERY – and the prices are dropping rapidly. Houses are bigger and I think it’s generally safer. Schools are good, wineries are nice and it’s not far from Pendleton. I’m going there tomorrow for an appt and it will probably only take about 20 minutes.
Good luck. Just wanted to give you another chick’s perspective!