[quote=weberlin] If you have young children who are going to BMMS and MCHS, it will be convenient for them to walk home from great schools. This benefit can only be realized if you plan on living in the home for many(5+) years.
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IMHO, it’s best to wait until the effects of government intervention on the housing market subside. This advice is contingent upon rates staying low for at least the next year.[/quote]
I guess I’ve subcumbed mommentarily to the ‘buy now or be priced out’…I wasn’t planning to buy for another year but then I walked in the open house and liked this house’s location and overall and then I started longing for a home…
I can afford to wait and rent until end of summer 2010 when my daughter starts kindergarden. I supposed if pushed comes to shove I can wait until summer 2011. I’d like to get her started in school in PUSD and not have to move her again.
Any updated predictions for when the bottom of PQ would be reached? I saw early this year I think a thread with those forecasts, and somebody put it in late 2010, and SD R, I believe, put it in 2011. But of course, that was before most of the government intervention….
Thanks!!!
P.S. Yes, I plan to live in the house at least 13 years (school!!!) unless of course job situation changes dramatically.
