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sdrealtor.
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December 30, 2007 at 8:55 PM #126854December 30, 2007 at 9:17 PM #126603
cyphire
ParticipantHi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….
December 30, 2007 at 9:17 PM #126761ParticipantHi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….
December 30, 2007 at 9:17 PM #126772ParticipantHi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….
December 30, 2007 at 9:17 PM #126840ParticipantHi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….
December 30, 2007 at 9:17 PM #126864ParticipantHi all – rustico, SD Realtor, sdrealtor et. al. I am actually considering some drastic action….
Moving to Wisconsin…
Buying a house….
I am currently renting in La Jolla. I sold my house in Dec 06 and was going to wait for something high end to come down… The problem I have is that I have a 13 year old and an 11 year old… The 13 year old will be starting 9th grade in September, the 11 year old will be starting middle school in september. If I ever make the move, it has to be now, I don’t want my kids to keep moving around.
I guess what it comes down to is that I’m not super-enamored with La Jolla. Or carmel valley. The market in Madison WI is still fairly strong, but there is some big pressure on their ‘high end’.
The weather sucks, but I’m not from California, and I’m not an outdoor person. I live a few blocks from the beach and never go there. I miss the seasons and I want my comfort without breaking the bank.
I found a house that a builder built for himself. The house is amazing. In a neighborhood which I like and near the school I want for my kids (the middle and the high school). The home is 7400 sq feet. It has a 5 car heated garage, heated floors, heated towel racks, a media room, and more rooms and amenities then I have ever seen in my life. I think that my family would be happy there, it is 5 min from my brother-in-law and their cousins. The house was listed way over a million, now it is a divorce sale for 790,000.00
It’s not too hard a decision but it is a BIG one. The way I look at it, I don’t want to wait for a year to wait for prices to come down. I don’t want to be renting in La Jolla and wait for something to come down a couple of hundred thousand dollars while we are still renting. More importantly, I can pay cash for this house, and still have a ton of money left over. I don’t need a mortgage…
I’m not sure what responses I will get from this, but I figure maybe someone has some questions / thoughts about this…
So… Am I crazy? Or is this an awesome move even in the midst of a, what I believe to be, market which will get much much worse….
December 30, 2007 at 10:38 PM #126613NotCranky
ParticipantHello Cy,
Nice to see you around. I’d like to reply but am trying to watch my etiquette. I don’t know if the original poster might feel like we are “hi-jacking” the thread. Could you cut and paste to a new topic just in case?
ThanksDecember 30, 2007 at 10:38 PM #126771ParticipantHello Cy,
Nice to see you around. I’d like to reply but am trying to watch my etiquette. I don’t know if the original poster might feel like we are “hi-jacking” the thread. Could you cut and paste to a new topic just in case?
ThanksDecember 30, 2007 at 10:38 PM #126782ParticipantHello Cy,
Nice to see you around. I’d like to reply but am trying to watch my etiquette. I don’t know if the original poster might feel like we are “hi-jacking” the thread. Could you cut and paste to a new topic just in case?
ThanksDecember 30, 2007 at 10:38 PM #126850ParticipantHello Cy,
Nice to see you around. I’d like to reply but am trying to watch my etiquette. I don’t know if the original poster might feel like we are “hi-jacking” the thread. Could you cut and paste to a new topic just in case?
ThanksDecember 30, 2007 at 10:38 PM #126874ParticipantHello Cy,
Nice to see you around. I’d like to reply but am trying to watch my etiquette. I don’t know if the original poster might feel like we are “hi-jacking” the thread. Could you cut and paste to a new topic just in case?
ThanksDecember 30, 2007 at 10:41 PM #126618SD Realtor
ParticipantWow cyphire that is quite a move!
Well as you know I am one of those guys who knows what he doesn’t know and I simply do not know about the Wisconsin market so for me to speculate on what the future will hold for that part of the country would not be prudent.
All I can do is speculate about La Jolla and San Diego in general. Having a family with children I can sympathize with your situation all to well. I absolutely want to be in a home and not of the renting variety by the time my kids hit school age. The one thing I would say is that once you do move you should be prepared to stay there until the kids graduate but it seems like you are planning on doing that regardless.
So let’s throw out the usual reasons to stay here such as weather and such because these factors don’t seem to be tugging at you anyways. I guess the real question is, which market will depreciate more, Madison or San Diego? Tough call because I simply do not know Madison. I will say this, I do not believe La Jolla will be at the bottom next year, or perhaps even 09. I do believe more of the risk will be removed by 09 but to me, I just don’t see bottom by that time.
Anyways I don’t think your crazy at all and I absolutely understand the reason for your purchase. To some people life is not only about money. You are not a first time buyer and it seems like you can afford this. Everyone has a unique situation and for your situation this seems like a perfectly logical thing to do. Will Madison go down more? Probably but I have no expertise at all in that market. Perhaps you should research it out or work with an expert over there.
SD Realtor
December 30, 2007 at 10:41 PM #126776ParticipantWow cyphire that is quite a move!
Well as you know I am one of those guys who knows what he doesn’t know and I simply do not know about the Wisconsin market so for me to speculate on what the future will hold for that part of the country would not be prudent.
All I can do is speculate about La Jolla and San Diego in general. Having a family with children I can sympathize with your situation all to well. I absolutely want to be in a home and not of the renting variety by the time my kids hit school age. The one thing I would say is that once you do move you should be prepared to stay there until the kids graduate but it seems like you are planning on doing that regardless.
So let’s throw out the usual reasons to stay here such as weather and such because these factors don’t seem to be tugging at you anyways. I guess the real question is, which market will depreciate more, Madison or San Diego? Tough call because I simply do not know Madison. I will say this, I do not believe La Jolla will be at the bottom next year, or perhaps even 09. I do believe more of the risk will be removed by 09 but to me, I just don’t see bottom by that time.
Anyways I don’t think your crazy at all and I absolutely understand the reason for your purchase. To some people life is not only about money. You are not a first time buyer and it seems like you can afford this. Everyone has a unique situation and for your situation this seems like a perfectly logical thing to do. Will Madison go down more? Probably but I have no expertise at all in that market. Perhaps you should research it out or work with an expert over there.
SD Realtor
December 30, 2007 at 10:41 PM #126787ParticipantWow cyphire that is quite a move!
Well as you know I am one of those guys who knows what he doesn’t know and I simply do not know about the Wisconsin market so for me to speculate on what the future will hold for that part of the country would not be prudent.
All I can do is speculate about La Jolla and San Diego in general. Having a family with children I can sympathize with your situation all to well. I absolutely want to be in a home and not of the renting variety by the time my kids hit school age. The one thing I would say is that once you do move you should be prepared to stay there until the kids graduate but it seems like you are planning on doing that regardless.
So let’s throw out the usual reasons to stay here such as weather and such because these factors don’t seem to be tugging at you anyways. I guess the real question is, which market will depreciate more, Madison or San Diego? Tough call because I simply do not know Madison. I will say this, I do not believe La Jolla will be at the bottom next year, or perhaps even 09. I do believe more of the risk will be removed by 09 but to me, I just don’t see bottom by that time.
Anyways I don’t think your crazy at all and I absolutely understand the reason for your purchase. To some people life is not only about money. You are not a first time buyer and it seems like you can afford this. Everyone has a unique situation and for your situation this seems like a perfectly logical thing to do. Will Madison go down more? Probably but I have no expertise at all in that market. Perhaps you should research it out or work with an expert over there.
SD Realtor
December 30, 2007 at 10:41 PM #126855ParticipantWow cyphire that is quite a move!
Well as you know I am one of those guys who knows what he doesn’t know and I simply do not know about the Wisconsin market so for me to speculate on what the future will hold for that part of the country would not be prudent.
All I can do is speculate about La Jolla and San Diego in general. Having a family with children I can sympathize with your situation all to well. I absolutely want to be in a home and not of the renting variety by the time my kids hit school age. The one thing I would say is that once you do move you should be prepared to stay there until the kids graduate but it seems like you are planning on doing that regardless.
So let’s throw out the usual reasons to stay here such as weather and such because these factors don’t seem to be tugging at you anyways. I guess the real question is, which market will depreciate more, Madison or San Diego? Tough call because I simply do not know Madison. I will say this, I do not believe La Jolla will be at the bottom next year, or perhaps even 09. I do believe more of the risk will be removed by 09 but to me, I just don’t see bottom by that time.
Anyways I don’t think your crazy at all and I absolutely understand the reason for your purchase. To some people life is not only about money. You are not a first time buyer and it seems like you can afford this. Everyone has a unique situation and for your situation this seems like a perfectly logical thing to do. Will Madison go down more? Probably but I have no expertise at all in that market. Perhaps you should research it out or work with an expert over there.
SD Realtor
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