I stumbled upon this site a few months back and loved the analysis. Have lately been reading the comments… so a bit of a lurker here 🙂
But, this got me to post since relevant.
We just had our first baby in Dec and we are trying to turn that tax windfall into a house in Chula Vista where my gal pal (don’t plan on marriage anytime soon) grew up. Ideally NW Chula…
3.5% FHA, maybe a small 203K, trying to be around $300K-$330K, need 3/2, already laden w/ debt
So, the realtor.com link is very familiar to me 🙂
709 4th–>went pending in 1 day; it was a relisted/back on market… I’m guessing all cash
752 2nd–>owners squatting, will not move. bank has offered ‘substantial’ $$, but they no take. Auction I think starts at $209k
164 Landis–>I’ve seen bounce from 375-350-375
The rest are contingent. I don’t feel like NW Chula is ‘cheap’
This all makes us sad and frustrated lol… She bought a house in 2007 and prices are back above that level a decent clip. At our price range we are in direct competition w/ investors with fat wallets.
We’d love to get a house… American Dream and all that, but maybe we missed the boat on this ‘time to buy’ so to speak? But how long is too long to wait… in the mean time we rent at a low cost ($1120 North Adams, 1/1+den… baby room!) and save/pay down debts… and obsess!
