I’ve been lurking around this site for a couple years now and have noticed that you and I have similar tastes in what we want our next house to be….. (large private lot/setting, like what is offered in Old Scripps vs. New Scripps).
Now that some price reductions are REALLY starting to materialize I’m wondering what price you would feel comfortable paying TODAY?
I’ve made several lowball offers in the mid 600K range on houses in Scripps, Del Cerro and Mt. Helix about a year and a half ago. (to appease the wife ya know?). Of course all were flatly rejected, but now I’m starting to think that if I were to pursue the same houses TODAY I’d be offering EVEN LESS!
So if you don’t mind, can you let me in on what type of property/price you’d feel comfortable paying TODAY in light of the accelerated downward price pressure we’re seeing? (Don’t worry, I’m not gonna try and steal it out from under you…..hehe)