Hi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….