Giving in

[jpinpb]

[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. 😉

[ocrenter]

[quote=pemeliza]
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.[/quote]

the key is certain market segments and locations. this has been an uneven bursting. with certain type of homes and certain locations still very much in bubble territory. while I agree with a lot of folks that it really boils down to personal choice, I think I would tweak it a little by saying it really boils down to personal flexibility. I got into it with the other sdr a couple of times already with couple of specific Carlsbad properties. bottom line of it is if a buyer is not flexible with their check list of criteria, expect to pay near bubble pricing.

but if someone is willing to be flexible and take a chance on newer communities in very good school districts, and the only fault the community has is it was built during the bubble era and therefore there is a lot of distress, I firmly believe this is the time to get in and that person will be handsomely rewarded for it in the future.

again this then goes back to personal choice. I for one just can’t bring myself to pay double the housing cost so I can be within 5 miles of the coast. others can’t imagine a life outside of that 5 mile boundary. If that is the case, I think renting is still quite a viable alternative.

This may be the ultimate reason why the argument gets so heated. everyone thinks they are right because truly, everyone is right. for that person’s personal preference and location, they have done the right thing by buying or renting. but by not figuring out where that person is and what type of property was purchased, an argument ensues.

[ocrenter]

[quote=pemeliza]
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.[/quote]

the key is certain market segments and locations. this has been an uneven bursting. with certain type of homes and certain locations still very much in bubble territory. while I agree with a lot of folks that it really boils down to personal choice, I think I would tweak it a little by saying it really boils down to personal flexibility. I got into it with the other sdr a couple of times already with couple of specific Carlsbad properties. bottom line of it is if a buyer is not flexible with their check list of criteria, expect to pay near bubble pricing.

but if someone is willing to be flexible and take a chance on newer communities in very good school districts, and the only fault the community has is it was built during the bubble era and therefore there is a lot of distress, I firmly believe this is the time to get in and that person will be handsomely rewarded for it in the future.

again this then goes back to personal choice. I for one just can’t bring myself to pay double the housing cost so I can be within 5 miles of the coast. others can’t imagine a life outside of that 5 mile boundary. If that is the case, I think renting is still quite a viable alternative.

This may be the ultimate reason why the argument gets so heated. everyone thinks they are right because truly, everyone is right. for that person’s personal preference and location, they have done the right thing by buying or renting. but by not figuring out where that person is and what type of property was purchased, an argument ensues.

[ocrenter]

[quote=pemeliza]
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.[/quote]

the key is certain market segments and locations. this has been an uneven bursting. with certain type of homes and certain locations still very much in bubble territory. while I agree with a lot of folks that it really boils down to personal choice, I think I would tweak it a little by saying it really boils down to personal flexibility. I got into it with the other sdr a couple of times already with couple of specific Carlsbad properties. bottom line of it is if a buyer is not flexible with their check list of criteria, expect to pay near bubble pricing.

but if someone is willing to be flexible and take a chance on newer communities in very good school districts, and the only fault the community has is it was built during the bubble era and therefore there is a lot of distress, I firmly believe this is the time to get in and that person will be handsomely rewarded for it in the future.

again this then goes back to personal choice. I for one just can’t bring myself to pay double the housing cost so I can be within 5 miles of the coast. others can’t imagine a life outside of that 5 mile boundary. If that is the case, I think renting is still quite a viable alternative.

This may be the ultimate reason why the argument gets so heated. everyone thinks they are right because truly, everyone is right. for that person’s personal preference and location, they have done the right thing by buying or renting. but by not figuring out where that person is and what type of property was purchased, an argument ensues.

[ocrenter]

[quote=pemeliza]
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.[/quote]

the key is certain market segments and locations. this has been an uneven bursting. with certain type of homes and certain locations still very much in bubble territory. while I agree with a lot of folks that it really boils down to personal choice, I think I would tweak it a little by saying it really boils down to personal flexibility. I got into it with the other sdr a couple of times already with couple of specific Carlsbad properties. bottom line of it is if a buyer is not flexible with their check list of criteria, expect to pay near bubble pricing.

but if someone is willing to be flexible and take a chance on newer communities in very good school districts, and the only fault the community has is it was built during the bubble era and therefore there is a lot of distress, I firmly believe this is the time to get in and that person will be handsomely rewarded for it in the future.

again this then goes back to personal choice. I for one just can’t bring myself to pay double the housing cost so I can be within 5 miles of the coast. others can’t imagine a life outside of that 5 mile boundary. If that is the case, I think renting is still quite a viable alternative.

This may be the ultimate reason why the argument gets so heated. everyone thinks they are right because truly, everyone is right. for that person’s personal preference and location, they have done the right thing by buying or renting. but by not figuring out where that person is and what type of property was purchased, an argument ensues.

[ocrenter]

[quote=pemeliza]
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.[/quote]

the key is certain market segments and locations. this has been an uneven bursting. with certain type of homes and certain locations still very much in bubble territory. while I agree with a lot of folks that it really boils down to personal choice, I think I would tweak it a little by saying it really boils down to personal flexibility. I got into it with the other sdr a couple of times already with couple of specific Carlsbad properties. bottom line of it is if a buyer is not flexible with their check list of criteria, expect to pay near bubble pricing.

but if someone is willing to be flexible and take a chance on newer communities in very good school districts, and the only fault the community has is it was built during the bubble era and therefore there is a lot of distress, I firmly believe this is the time to get in and that person will be handsomely rewarded for it in the future.

again this then goes back to personal choice. I for one just can’t bring myself to pay double the housing cost so I can be within 5 miles of the coast. others can’t imagine a life outside of that 5 mile boundary. If that is the case, I think renting is still quite a viable alternative.

This may be the ultimate reason why the argument gets so heated. everyone thinks they are right because truly, everyone is right. for that person’s personal preference and location, they have done the right thing by buying or renting. but by not figuring out where that person is and what type of property was purchased, an argument ensues.

[an]

[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]
You assumed that any buyers who disagree with your blanket statement as having buyer’s remorse and you can’t be any more wrong. You claimed that your statement are based on facts and common sense but you fail to see that they’re nothing more than your own biased views. You know what they say about assume.

[an]

[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]
You assumed that any buyers who disagree with your blanket statement as having buyer’s remorse and you can’t be any more wrong. You claimed that your statement are based on facts and common sense but you fail to see that they’re nothing more than your own biased views. You know what they say about assume.

[an]

[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]
You assumed that any buyers who disagree with your blanket statement as having buyer’s remorse and you can’t be any more wrong. You claimed that your statement are based on facts and common sense but you fail to see that they’re nothing more than your own biased views. You know what they say about assume.

[an]

[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]
You assumed that any buyers who disagree with your blanket statement as having buyer’s remorse and you can’t be any more wrong. You claimed that your statement are based on facts and common sense but you fail to see that they’re nothing more than your own biased views. You know what they say about assume.

[an]

[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]
You assumed that any buyers who disagree with your blanket statement as having buyer’s remorse and you can’t be any more wrong. You claimed that your statement are based on facts and common sense but you fail to see that they’re nothing more than your own biased views. You know what they say about assume.

[scaredyclassic]

I like the idea of everyone being right.

[scaredyclassic]

I like the idea of everyone being right.

[scaredyclassic]

I like the idea of everyone being right.

[scaredyclassic]

I like the idea of everyone being right.

[Author]

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