Home buyers on the sidelines check in!

[GoUSC]

So I am one of the many out there that is sitting on the sidelines waiting to buy a home. I thought maybe we could start a thread outlining some of your details including;

Neighborhoods Considering:
Condo/House:
Price Range:
Size Range:
Currently (Rent/Own):
Shopping the Market?:

I’ll go first…

Neighborhoods Considering:
Bay Park, Bay Ho, North PB, Ocean Beach, Point Loma, Mission Hills, Hillcrest, North Park

Condo House: House

Price Range: $400,000 – $650,000

Size Range: 1500 – 2500 sf

Currently: Renting a house.

Shopping the Market?: I generally stopped going to home showing because I am convinced values are going to come way down and sellers are still way to unrealistic in their pricing. I check Ziprealty almost everyday to see what’s going on and such. It is very frustrating to be in limbo like this because I am not sure what my currently rental situation is (They were a flipper and got burned bad so now they are holding waiting for recovery just feeding it every month). Plus I really do want my own home with my own garage so I can start building a Cobra kit car… 🙂

[Alex_angel]

Neighborhoods Considering:La Jolla,Del Mar,Santa Luz
Condo/House:House
Price Range: waiting for them to be $700-$800
Size Range: 2500-3000sqft
Currently (Rent/Own): Rent
Shopping the Market?: Nope.

[Alex_angel]

Neighborhoods Considering:La Jolla,Del Mar,Santa Luz
Condo/House:House
Price Range: waiting for them to be $700-$800
Size Range: 2500-3000sqft
Currently (Rent/Own): Rent
Shopping the Market?: Nope.

[Anonymous]

Neighborhoods Considering:Ye Olde Scripps or Shiny New Scripps with La Jolla, Del Mar, Mission Hills and RSF pipe dreams (go stock options go)
Condo/House:House
Price Range: waiting for them to be $500… ish. Price flexibility dependent on aforementioned stock thingies (technical term). It does suck a tad that a big decline in housing may also result in worthless options. Sigh.
Size Range: 4BR up to 2500 sq ft.
Currently (Rent/Own): Rent SFR in Shiny New Scripps
Shopping the Market?: No way. Currently in month 3 of 2 yr lease

[Anonymous]

Neighborhoods Considering:Ye Olde Scripps or Shiny New Scripps with La Jolla, Del Mar, Mission Hills and RSF pipe dreams (go stock options go)
Condo/House:House
Price Range: waiting for them to be $500… ish. Price flexibility dependent on aforementioned stock thingies (technical term). It does suck a tad that a big decline in housing may also result in worthless options. Sigh.
Size Range: 4BR up to 2500 sq ft.
Currently (Rent/Own): Rent SFR in Shiny New Scripps
Shopping the Market?: No way. Currently in month 3 of 2 yr lease

[SD Realtor]

Neighborhoods Considering:
Scripps, Solana Beach, Del Mar Heights

Condo House: House

Price Range: $600,000 – $700,000 (but will pay more if it is something that I really like)

Size Range: 2000+ sf

Currently: Renting a house.

Shopping the Market?: Yes but am continually squelched when submitting lowball offers. Then my wife gets pissed at me for not sucking it up and paying more. Then we don’t shop for a few weeks… then we do it over again.

SD Realtor

[SD Realtor]

Neighborhoods Considering:
Scripps, Solana Beach, Del Mar Heights

Condo House: House

Price Range: $600,000 – $700,000 (but will pay more if it is something that I really like)

Size Range: 2000+ sf

Currently: Renting a house.

Shopping the Market?: Yes but am continually squelched when submitting lowball offers. Then my wife gets pissed at me for not sucking it up and paying more. Then we don’t shop for a few weeks… then we do it over again.

SD Realtor

[waiting hawk]

“the market can stay irrational longer than you can stay rational”.

[waiting hawk]

“the market can stay irrational longer than you can stay rational”.

[rb_engineer]

Neighborhoods Considering:
Del Mar, La Jolla

Condo House: Townhouse, Condo

Price Range: $350 – $400

Size Range: 1400+ sf

Currently: Have a house.

Shopping the Market?: Nope. Not until there’s blood on the streets of La Jolla

[rb_engineer]

Neighborhoods Considering:
Del Mar, La Jolla

Condo House: Townhouse, Condo

Price Range: $350 – $400

Size Range: 1400+ sf

Currently: Have a house.

Shopping the Market?: Nope. Not until there’s blood on the streets of La Jolla

[(former)FormerSanDiegan]

Neighborhoods Considering:
Point Loma, Bay Park, West Clairemont

Condo/House: SFRs

Price Range: 300-700 K … depends on rents, interest rates, and potential cash flow opportunities

Size Range: 1000-2000 sf.

Currently (Rent/Own): Own.

Shopping the Market?: No, just watching for future investment opportunities. I crunch numbers every 3-6 months from a landlord’s perspective. I suspect that I will be doing this for at least a couple years before getting serious again and pulling the trigger. I last purchased a SFR to rent out in SD in 2002. The numbers haven’t made sense since then. Hopefully someday they will again.

[(former)FormerSanDiegan]

Neighborhoods Considering:
Point Loma, Bay Park, West Clairemont

Condo/House: SFRs

Price Range: 300-700 K … depends on rents, interest rates, and potential cash flow opportunities

Size Range: 1000-2000 sf.

Currently (Rent/Own): Own.

Shopping the Market?: No, just watching for future investment opportunities. I crunch numbers every 3-6 months from a landlord’s perspective. I suspect that I will be doing this for at least a couple years before getting serious again and pulling the trigger. I last purchased a SFR to rent out in SD in 2002. The numbers haven’t made sense since then. Hopefully someday they will again.

[PD]

Coronado or nothing

House with at least 3,000 sq ft lot

Must be 3 bedroom

Under 1M

rent

[PD]

Coronado or nothing

House with at least 3,000 sq ft lot

Must be 3 bedroom

Under 1M

rent

[Author]

Posts