No one can provide data that isn’t there.
Realestate prices ARE going down. That is a fact, sales ARE down, that is a fact.www.benengebreth.org/housingtracker
However, folks on this site tend to PREDICT that its going to be for umteen years and until price declines go over 50% and then some. In my humble opinion THAT is beyond reality.
There is some data/information out there that make SOME seem to think prices may have hit bottom too-which is ridiculous- and housing inventories are at least for now in San Diego declining, albeit time of year, expireds, sales, I don’t know, but they are.www.benengebreth.org/housingtracker. So I say I agree don’t hold your breath for others to feel the same way you do and give away 100k,(renting won’t save you forever it’s going up) don’t put your chickens in one basket, don’t get caught up in the hype, and listen to your mother.
p.s. By the way people who are foreclosed on DO rent. Not every individual who is a landlord checks credit. If you are making 80k you still can afford to rent. You just can’t afford to make the payments on your 650k no interest insane loan you got.
