kaycee, was there a broker? If so, how was she compensated?
You mentioned that you had your house on the market for 16 months. Was it empty the whole time?
Thanks for sharing your story. It’s a prelude to what’s to happen in San Diego.
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Personally, I think that if one plans to move within 5 years, one should not buy. In a stagnant market, that will result in a loss after closing costs. Plus it’s not enough time to insure the fixed housing costs vs. increasing rents benefits. That’s especially true with exotic loans.
It was possible in a booming market but I think that those events won’t occur again for another generation.
