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July 10, 2011 at 12:06 AM #709866July 10, 2011 at 12:08 AM #708665RealityParticipant
[quote=SD Realtor] There are several leftovers who have missed the boat pricewise but still can enjoy cheap money.[/quote]
Missed what boat?
July 10, 2011 at 12:08 AM #708763RealityParticipant[quote=SD Realtor] There are several leftovers who have missed the boat pricewise but still can enjoy cheap money.[/quote]
Missed what boat?
July 10, 2011 at 12:08 AM #709361RealityParticipant[quote=SD Realtor] There are several leftovers who have missed the boat pricewise but still can enjoy cheap money.[/quote]
Missed what boat?
July 10, 2011 at 12:08 AM #709513RealityParticipant[quote=SD Realtor] There are several leftovers who have missed the boat pricewise but still can enjoy cheap money.[/quote]
Missed what boat?
July 10, 2011 at 12:08 AM #709876RealityParticipant[quote=SD Realtor] There are several leftovers who have missed the boat pricewise but still can enjoy cheap money.[/quote]
Missed what boat?
July 10, 2011 at 5:37 AM #708680pemelizaParticipant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
July 10, 2011 at 5:37 AM #708778pemelizaParticipant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
July 10, 2011 at 5:37 AM #709375pemelizaParticipant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
July 10, 2011 at 5:37 AM #709528pemelizaParticipant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
July 10, 2011 at 5:37 AM #709891pemelizaParticipant“When interest rates are sky high, you will be quite correct.”
What where interest rates in the late 80’s? I would say by today’s standards that they were sky high. Yet even in today’s ultra low interest rates, prices in decent neighborhoods have fallen so far that we are approaching late 80’s pricing.
http://www.sdlookup.com/MLS-110017384-7352_Altiva_Pl_Carlsbad_CA_92009
Price history:
06/22/2011 $680,000 24y 8m 27% 1%
09/30/1986 $535,000 10m 34% 38%
11/07/1985 $400,000 n/a – –At appears that in certain market segments buyers are getting the benefit of ultra low interest rates and low prices. In theory there probably is a relationship between interest rates and prices but this sales history suggests that it is not likely to be linear.
July 10, 2011 at 6:58 AM #708685jpinpbParticipant[quote=deadzone]Seems to me it is many of the recent homebuyers on here who are very sensitive and defensive about this subject, maybe a lot of them have buyer’s remorse?
As I’ve said many times, I don’t care which way the market goes as I am very happy where I am at, so that does not bias my opinions. My statements instead are based on facts and common sense. Regardless of what a certain realtor may “see” regarding the buyers interest not falling, the lagging sales numbers prove otherwise.[/quote]
FWIW – I have recently bought and am not sensitive or defensive. I tend to agree w/most of what you have said and I also appreciate SDR’s comments. It’s hard to be a winner here. I think if one is young enough, waiting it out is a better idea. I do not think we are at bottom in many ZIPs. OTOH, at a certain point one reaches an age where waiting will only take time and delay where you want to be and there’s no capturing that back. This is where I agree w/Rich and SDR. There is no size fits all.
[quote=deadzone]P.S. I realize none of this analysis pertains to sdr’s neighborhood, we all know that his is a very special and unique sub-market, completed unrelated to others where home values never decline.[/quote]
LOL. Of course. π
July 10, 2011 at 6:58 AM #708783jpinpbParticipant[quote=deadzone]Seems to me it is many of the recent homebuyers on here who are very sensitive and defensive about this subject, maybe a lot of them have buyer’s remorse?
As I’ve said many times, I don’t care which way the market goes as I am very happy where I am at, so that does not bias my opinions. My statements instead are based on facts and common sense. Regardless of what a certain realtor may “see” regarding the buyers interest not falling, the lagging sales numbers prove otherwise.[/quote]
FWIW – I have recently bought and am not sensitive or defensive. I tend to agree w/most of what you have said and I also appreciate SDR’s comments. It’s hard to be a winner here. I think if one is young enough, waiting it out is a better idea. I do not think we are at bottom in many ZIPs. OTOH, at a certain point one reaches an age where waiting will only take time and delay where you want to be and there’s no capturing that back. This is where I agree w/Rich and SDR. There is no size fits all.
[quote=deadzone]P.S. I realize none of this analysis pertains to sdr’s neighborhood, we all know that his is a very special and unique sub-market, completed unrelated to others where home values never decline.[/quote]
LOL. Of course. π
July 10, 2011 at 6:58 AM #709380jpinpbParticipant[quote=deadzone]Seems to me it is many of the recent homebuyers on here who are very sensitive and defensive about this subject, maybe a lot of them have buyer’s remorse?
As I’ve said many times, I don’t care which way the market goes as I am very happy where I am at, so that does not bias my opinions. My statements instead are based on facts and common sense. Regardless of what a certain realtor may “see” regarding the buyers interest not falling, the lagging sales numbers prove otherwise.[/quote]
FWIW – I have recently bought and am not sensitive or defensive. I tend to agree w/most of what you have said and I also appreciate SDR’s comments. It’s hard to be a winner here. I think if one is young enough, waiting it out is a better idea. I do not think we are at bottom in many ZIPs. OTOH, at a certain point one reaches an age where waiting will only take time and delay where you want to be and there’s no capturing that back. This is where I agree w/Rich and SDR. There is no size fits all.
[quote=deadzone]P.S. I realize none of this analysis pertains to sdr’s neighborhood, we all know that his is a very special and unique sub-market, completed unrelated to others where home values never decline.[/quote]
LOL. Of course. π
July 10, 2011 at 6:58 AM #709533jpinpbParticipant[quote=deadzone]Seems to me it is many of the recent homebuyers on here who are very sensitive and defensive about this subject, maybe a lot of them have buyer’s remorse?
As I’ve said many times, I don’t care which way the market goes as I am very happy where I am at, so that does not bias my opinions. My statements instead are based on facts and common sense. Regardless of what a certain realtor may “see” regarding the buyers interest not falling, the lagging sales numbers prove otherwise.[/quote]
FWIW – I have recently bought and am not sensitive or defensive. I tend to agree w/most of what you have said and I also appreciate SDR’s comments. It’s hard to be a winner here. I think if one is young enough, waiting it out is a better idea. I do not think we are at bottom in many ZIPs. OTOH, at a certain point one reaches an age where waiting will only take time and delay where you want to be and there’s no capturing that back. This is where I agree w/Rich and SDR. There is no size fits all.
[quote=deadzone]P.S. I realize none of this analysis pertains to sdr’s neighborhood, we all know that his is a very special and unique sub-market, completed unrelated to others where home values never decline.[/quote]
LOL. Of course. π
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