Consequences of fall/winter buying season

[SD Realtor]

You pretty much had it right with respect to the time of year cycle… I actually believe the “best” time in an annual cycle may be the July-September timeframe. I feel that way because you have the spring washouts (that didn’t sell because they priced poorly or have cruddy homes), and you have all the other people who lagged on listing in the spring and now are rushing to list prior to the end of the summer, so you have not totally lost all the inventory yet. However you still have the desperation factor as well so you kind of get the best of both worlds. By the time winter comes you do have alot of more desperate sellers but definitely not as much inventory… Not sure if that matters alot though…

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield. My point here is that if you really do “have” to buy before the year is out, the rate you get on your loan will have much more bearing then the price you pay for your home. That is because between now and the end of the year, I don’t think you will see a drastic differential in price in the areas you mentioned.

I guess also then alot of what I just said kind of depends on your ratio of financing to cash you are coming in with.

It goes without saying that you can get some decent size lots off of Via Rancho Pkwy. I have a client who has been looking around out near the San Pasqual Valley and such… There is a ton of stuff and some fairly nice places with nice amounts of land starting to get near the price range you have mentioned. There is ALSO a TON of more beater homes with big lots out there as well.

As far as Scripps/PQ/Poway/RB go, you can find places in the price range in these areas as well…Scripps will be tougher then the other 3 but there are some smaller places available. Poway and RB you have a pretty decent selection… PQ not so much…

SD Realtor

[joec]

Similar to the topic, what would be a more ideal time when buying new construction? Since the developments are known already, it’s more based on a builder’s release schedule. I’m assuming after the fall school year starts, that’d be a better time since most folks won’t want to move during the holidays.

[joec]

Similar to the topic, what would be a more ideal time when buying new construction? Since the developments are known already, it’s more based on a builder’s release schedule. I’m assuming after the fall school year starts, that’d be a better time since most folks won’t want to move during the holidays.

[joec]

Similar to the topic, what would be a more ideal time when buying new construction? Since the developments are known already, it’s more based on a builder’s release schedule. I’m assuming after the fall school year starts, that’d be a better time since most folks won’t want to move during the holidays.

[joec]

Similar to the topic, what would be a more ideal time when buying new construction? Since the developments are known already, it’s more based on a builder’s release schedule. I’m assuming after the fall school year starts, that’d be a better time since most folks won’t want to move during the holidays.

[joec]

Similar to the topic, what would be a more ideal time when buying new construction? Since the developments are known already, it’s more based on a builder’s release schedule. I’m assuming after the fall school year starts, that’d be a better time since most folks won’t want to move during the holidays.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

[yellow8yellowm]

I looked up the 10 year treasury yields but realized that I have no idea how this relates to actual 30-year fixed rate mortgages. Are they actualy linked? If so, how am I going to know in advance if they are going to go up or down? Or are you just saying to watch out in case they start to move quickly in one direction or another?

Thanks,
yellow8

Now one thing you need to think about as well… because of your relatively quick timeframe, a huge consequence to you will be the 10 year treasury yield.

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