PC,
I never said to buy, perhaps that was your interpretation but it wasn’t what I said. I merely said that break even opportunities were close. I have found properties that are down close to 30% already and which I dont think will fall much further. Many on this board said they would buy when it made sense when comparing ownership cost with rental costs. When I posted that was almost possible already, I didn’t hear anyone saying “Wow, that is what I’ve been waiting to hear”. I didn’t expect anyone to say great, lets go out and buy something. The post rattling around in my head has alot to do with this psychology. I hope to get to it soon because I think its worth hearing as well as spending the time to put my thoughts together for my own benefit.
BTW, your post about buying a home shows you dont really understand what a good Realtor is supposed to do for you. Anyone can find a house. They are the big rectangular boxes covered with stucco and red tile that you find on most streets around here. The value of a quality Realtor is finding the right one, at the right price, under the right terms while being adequately protected financially and legally. Furthermore, the one you want is probably the same one we all want. When you are ready to buy it, you might miss it or be faced with lots of competition for it. If you want to trust that to a Desperate Housewife, I’m not here to stop you.
Sorry to rant a little but I’m trying to get my mojo back for this site.
