[quote=sdrealtor][quote=teaboy][quote=sdrealtor] I still beleive supply will stay modest with folks locked in because of low real estate taxes they cant move (under 55 years old), potential massive capital gain tax bills and fixed rate mortgages under 3%. I fit into 2 of those in a big way.
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This is not new news, but thanks for reminding me that I’m effectively locked into my house for at least the next 12 years, until I’m 55 so I should stop procrastinating and get on with those renovations… 🙂
tb[/quote]
One thing i have seen countless times is people fix up their homes for sale and look at them and say why didn’t I do this for myself years ago so i could enjoy it also. It looks great. Happens everytime[/quote]You and me both. Which is why I remodeled about 70% before I moved in and did the other 30% w/in the next few years.