Can you feel the shift?

[temeculaguy]

Matt, The taxes I quoted was based on the posted taxes, 2006 $6037 based on a tax valuation of 436k. 220k is close to half, thus resetting the taxes to the new sale price, probably about 3600 or 300 a month, insurance being no more than 100 a month on a 220k property. On zillow it listed the taxes at 3000 in 2004, with a valuation of 175 for the first 9 months of the year and then jumped to 6000 for 2005 because it sold for 415k at the end of august 2004. I very much doubt the taxes would be 4800 a year for a 220k sales price, 3600 is a much better estimate, the 3k on 175 included 1750 for the 1% and the add ons that are mostly fixed per lot, adding 45k to the sales price should add 450 a year plus another 150 for the value based add ons, making 3600 damn close.

Nobody said you had to pay full price and even if it goes for that, there are so many more coming available with great prices that they wont be exeptional, but rather the norm, the original reason for this thread.

[JWM in SD]

“O.K Matt I am surprised to find that people participating on a housing blog for two years would not want historically low interest rates at a time when housing starts to hit some serious affordability in their market.”

Uhhh, how long have you been posting here????? This topic has been covered numerous times over the past two plus years and you STILL DON’T GET IT.

Time to take off the permabull glasses Rustico, you are showing your true colors here.

If you were my realtor, I would laugh in your face after a comment like and not do business with you. You seriously doing your clients a disservice if that is the kind of nonsense advice you are giving them.

It ain’t 2005 again guys.

[JWM in SD]

“O.K Matt I am surprised to find that people participating on a housing blog for two years would not want historically low interest rates at a time when housing starts to hit some serious affordability in their market.”

Uhhh, how long have you been posting here????? This topic has been covered numerous times over the past two plus years and you STILL DON’T GET IT.

Time to take off the permabull glasses Rustico, you are showing your true colors here.

If you were my realtor, I would laugh in your face after a comment like and not do business with you. You seriously doing your clients a disservice if that is the kind of nonsense advice you are giving them.

It ain’t 2005 again guys.

[JWM in SD]

“O.K Matt I am surprised to find that people participating on a housing blog for two years would not want historically low interest rates at a time when housing starts to hit some serious affordability in their market.”

Uhhh, how long have you been posting here????? This topic has been covered numerous times over the past two plus years and you STILL DON’T GET IT.

Time to take off the permabull glasses Rustico, you are showing your true colors here.

If you were my realtor, I would laugh in your face after a comment like and not do business with you. You seriously doing your clients a disservice if that is the kind of nonsense advice you are giving them.

It ain’t 2005 again guys.

[JWM in SD]

“O.K Matt I am surprised to find that people participating on a housing blog for two years would not want historically low interest rates at a time when housing starts to hit some serious affordability in their market.”

Uhhh, how long have you been posting here????? This topic has been covered numerous times over the past two plus years and you STILL DON’T GET IT.

Time to take off the permabull glasses Rustico, you are showing your true colors here.

If you were my realtor, I would laugh in your face after a comment like and not do business with you. You seriously doing your clients a disservice if that is the kind of nonsense advice you are giving them.

It ain’t 2005 again guys.

[JWM in SD]

“O.K Matt I am surprised to find that people participating on a housing blog for two years would not want historically low interest rates at a time when housing starts to hit some serious affordability in their market.”

Uhhh, how long have you been posting here????? This topic has been covered numerous times over the past two plus years and you STILL DON’T GET IT.

Time to take off the permabull glasses Rustico, you are showing your true colors here.

If you were my realtor, I would laugh in your face after a comment like and not do business with you. You seriously doing your clients a disservice if that is the kind of nonsense advice you are giving them.

It ain’t 2005 again guys.

[NotCranky]

You have already laughed in my face and I think it says more about you than me. I wonder if you are taking my comments in the full context of other posts and threads? Probably not. We have discussed this over and over and you still don’t have an open mind. So let’s don’t discuss it together.

[NotCranky]

You have already laughed in my face and I think it says more about you than me. I wonder if you are taking my comments in the full context of other posts and threads? Probably not. We have discussed this over and over and you still don’t have an open mind. So let’s don’t discuss it together.

[NotCranky]

You have already laughed in my face and I think it says more about you than me. I wonder if you are taking my comments in the full context of other posts and threads? Probably not. We have discussed this over and over and you still don’t have an open mind. So let’s don’t discuss it together.

[NotCranky]

You have already laughed in my face and I think it says more about you than me. I wonder if you are taking my comments in the full context of other posts and threads? Probably not. We have discussed this over and over and you still don’t have an open mind. So let’s don’t discuss it together.

[NotCranky]

You have already laughed in my face and I think it says more about you than me. I wonder if you are taking my comments in the full context of other posts and threads? Probably not. We have discussed this over and over and you still don’t have an open mind. So let’s don’t discuss it together.

[JWM in SD]

Rustico,

There is nothing to discuss and there is no larger context to what you posted. If interest rates, for whatever reasons, suddenly shot up to 10 to 12% overnight, there would be a commensurate drop in RE values almost as quickly. Your comment only makes sense if the asset values are static, which they are not.

Believe it or not, I don’t really like calling you out on this, but you have been posting some real winners here in the past couple of weeks. Stuff that could extremely misleading to newbie readers. Can’t let that go unchallenged.

[JWM in SD]

Rustico,

There is nothing to discuss and there is no larger context to what you posted. If interest rates, for whatever reasons, suddenly shot up to 10 to 12% overnight, there would be a commensurate drop in RE values almost as quickly. Your comment only makes sense if the asset values are static, which they are not.

Believe it or not, I don’t really like calling you out on this, but you have been posting some real winners here in the past couple of weeks. Stuff that could extremely misleading to newbie readers. Can’t let that go unchallenged.

[JWM in SD]

Rustico,

There is nothing to discuss and there is no larger context to what you posted. If interest rates, for whatever reasons, suddenly shot up to 10 to 12% overnight, there would be a commensurate drop in RE values almost as quickly. Your comment only makes sense if the asset values are static, which they are not.

Believe it or not, I don’t really like calling you out on this, but you have been posting some real winners here in the past couple of weeks. Stuff that could extremely misleading to newbie readers. Can’t let that go unchallenged.

[JWM in SD]

Rustico,

There is nothing to discuss and there is no larger context to what you posted. If interest rates, for whatever reasons, suddenly shot up to 10 to 12% overnight, there would be a commensurate drop in RE values almost as quickly. Your comment only makes sense if the asset values are static, which they are not.

Believe it or not, I don’t really like calling you out on this, but you have been posting some real winners here in the past couple of weeks. Stuff that could extremely misleading to newbie readers. Can’t let that go unchallenged.

[Author]

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