I have family income as described above and the only expectation I have is a realistic price. My constraint, as with most of my peers, is that I already own a home in another state that I do not intend to sell. Carrying a $4k mortgage in San Diego in addition to the other house doesn’t make sense. So here we are, waiting to buy until house prices make sense in SD. It’s happening but I don’t see buying until mid 2009 at the earliest.
I have family income as described above and the only expectation I have is a realistic price. My constraint, as with most of my peers, is that I already own a home in another state that I do not intend to sell. Carrying a $4k mortgage in San Diego in addition to the other house doesn’t make sense. So here we are, waiting to buy until house prices make sense in SD. It’s happening but I don’t see buying until mid 2009 at the earliest.