This is going to be a really tough decision. If I were making it today there is no question we would rent, unless we found a really nice 3000 sf place in Scripps or RB in the mid $600’s. I’m thinking the climate may be different next spring, and I think that deal I proposed may be easier to find than it is now. I’m expecting this summer to be significant, just like last summer was with the siezing up of the credit markets.
When I finish my fellowship in June next year I WILL need to relocate, as the Navy has no Maternal Fetal Medicine specialist in Los Angeles. Whatever happens I will at least be seriously shopping around come March and April. Will I buy? Depends on price. Temeculaguy had some posts about six months ago where he almost pulled the trigger. I expect to feel a lot like him next year.