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Jazzman.
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January 28, 2011 at 7:50 AM #660119January 28, 2011 at 9:33 AM #659007
Scarlett
ParticipantI am in the same boat with the OP. I don’t think prices are where they should be, especially when you consider rents, but I don’t know how long it will take to ge there, if ever. I believe the prices should be more like 2001-2002 nominal prices. Frankly I am kind of scared of buying seeing all the horror stories about the housing. And especially about throwing away that downpayment… I am not rich.
January 28, 2011 at 9:33 AM #659070ParticipantI am in the same boat with the OP. I don’t think prices are where they should be, especially when you consider rents, but I don’t know how long it will take to ge there, if ever. I believe the prices should be more like 2001-2002 nominal prices. Frankly I am kind of scared of buying seeing all the horror stories about the housing. And especially about throwing away that downpayment… I am not rich.
January 28, 2011 at 9:33 AM #659673ParticipantI am in the same boat with the OP. I don’t think prices are where they should be, especially when you consider rents, but I don’t know how long it will take to ge there, if ever. I believe the prices should be more like 2001-2002 nominal prices. Frankly I am kind of scared of buying seeing all the horror stories about the housing. And especially about throwing away that downpayment… I am not rich.
January 28, 2011 at 9:33 AM #659811ParticipantI am in the same boat with the OP. I don’t think prices are where they should be, especially when you consider rents, but I don’t know how long it will take to ge there, if ever. I believe the prices should be more like 2001-2002 nominal prices. Frankly I am kind of scared of buying seeing all the horror stories about the housing. And especially about throwing away that downpayment… I am not rich.
January 28, 2011 at 9:33 AM #660139ParticipantI am in the same boat with the OP. I don’t think prices are where they should be, especially when you consider rents, but I don’t know how long it will take to ge there, if ever. I believe the prices should be more like 2001-2002 nominal prices. Frankly I am kind of scared of buying seeing all the horror stories about the housing. And especially about throwing away that downpayment… I am not rich.
January 28, 2011 at 10:04 AM #659027scaredyclassic
Participantyou will never be certain you won’t lose your downpayment.
This is not an investment and it’s not safe.
It’s consumption.
Buy it like any consumable if the payment looks good and it works for you.
This is my final answer after three years of pondering questions you posed myself.
January 28, 2011 at 10:04 AM #659090Participantyou will never be certain you won’t lose your downpayment.
This is not an investment and it’s not safe.
It’s consumption.
Buy it like any consumable if the payment looks good and it works for you.
This is my final answer after three years of pondering questions you posed myself.
January 28, 2011 at 10:04 AM #659693Participantyou will never be certain you won’t lose your downpayment.
This is not an investment and it’s not safe.
It’s consumption.
Buy it like any consumable if the payment looks good and it works for you.
This is my final answer after three years of pondering questions you posed myself.
January 28, 2011 at 10:04 AM #659831Participantyou will never be certain you won’t lose your downpayment.
This is not an investment and it’s not safe.
It’s consumption.
Buy it like any consumable if the payment looks good and it works for you.
This is my final answer after three years of pondering questions you posed myself.
January 28, 2011 at 10:04 AM #660159Participantyou will never be certain you won’t lose your downpayment.
This is not an investment and it’s not safe.
It’s consumption.
Buy it like any consumable if the payment looks good and it works for you.
This is my final answer after three years of pondering questions you posed myself.
January 28, 2011 at 10:29 AM #659037ljinvestor
ParticipantIt’s reasonable that a home in the $500k range could lose another 10% but personally I would focus on the comps in the area and try to get something that is already 10%-20% below then you don’t have to worry much about the bottom.
Peak price means nothing and if you ever find anything at or around 2000 prices then it probably a great deal.
January 28, 2011 at 10:29 AM #659100ParticipantIt’s reasonable that a home in the $500k range could lose another 10% but personally I would focus on the comps in the area and try to get something that is already 10%-20% below then you don’t have to worry much about the bottom.
Peak price means nothing and if you ever find anything at or around 2000 prices then it probably a great deal.
January 28, 2011 at 10:29 AM #659703ParticipantIt’s reasonable that a home in the $500k range could lose another 10% but personally I would focus on the comps in the area and try to get something that is already 10%-20% below then you don’t have to worry much about the bottom.
Peak price means nothing and if you ever find anything at or around 2000 prices then it probably a great deal.
January 28, 2011 at 10:29 AM #659841ParticipantIt’s reasonable that a home in the $500k range could lose another 10% but personally I would focus on the comps in the area and try to get something that is already 10%-20% below then you don’t have to worry much about the bottom.
Peak price means nothing and if you ever find anything at or around 2000 prices then it probably a great deal.
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