Home sales continue plunge

[andymajumder]

[quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.

[briansd1]

[quote=andymajumder][quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.[/quote]

Since real estate is all about monthly payments, maybe we should look at monthly nominal mortgage payments.

OK, I’ll shoot for that theoretical Year-2000 nominal mortgage payment. 😉

[briansd1]

[quote=andymajumder][quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.[/quote]

Since real estate is all about monthly payments, maybe we should look at monthly nominal mortgage payments.

OK, I’ll shoot for that theoretical Year-2000 nominal mortgage payment. 😉

[briansd1]

[quote=andymajumder][quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.[/quote]

Since real estate is all about monthly payments, maybe we should look at monthly nominal mortgage payments.

OK, I’ll shoot for that theoretical Year-2000 nominal mortgage payment. 😉

[briansd1]

[quote=andymajumder][quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.[/quote]

Since real estate is all about monthly payments, maybe we should look at monthly nominal mortgage payments.

OK, I’ll shoot for that theoretical Year-2000 nominal mortgage payment. 😉

[briansd1]

[quote=andymajumder][quote=Scarlett]I’d be happy with a 2002 nominal pricing for Rancho Penasquitos…[/quote]

That may be possible quite soon. Actually even now if you negotiate hard you can get early 2003 nominal price…and than factor in that interest rates are about 2% lower now than early 2003, you are probably getting early to mid 2002 prices. You do have to take the cost of financing into account.[/quote]

Since real estate is all about monthly payments, maybe we should look at monthly nominal mortgage payments.

OK, I’ll shoot for that theoretical Year-2000 nominal mortgage payment. 😉

[sdrealtor]

You may be there already.

[sdrealtor]

You may be there already.

[sdrealtor]

You may be there already.

[sdrealtor]

You may be there already.

[sdrealtor]

You may be there already.

[all]

[quote=briansd1]I wonder how many tax credit recipients will walk if we get the double dip.
[/quote]

JTR says 90% of those who bought in 92130 since 06/01 put 20% or more down. I don’t remember the credit era numbers, but it was not much different. The prices would need to drop a lot for those to walk.

[all]

[quote=briansd1]I wonder how many tax credit recipients will walk if we get the double dip.
[/quote]

JTR says 90% of those who bought in 92130 since 06/01 put 20% or more down. I don’t remember the credit era numbers, but it was not much different. The prices would need to drop a lot for those to walk.

[all]

[quote=briansd1]I wonder how many tax credit recipients will walk if we get the double dip.
[/quote]

JTR says 90% of those who bought in 92130 since 06/01 put 20% or more down. I don’t remember the credit era numbers, but it was not much different. The prices would need to drop a lot for those to walk.

[all]

[quote=briansd1]I wonder how many tax credit recipients will walk if we get the double dip.
[/quote]

JTR says 90% of those who bought in 92130 since 06/01 put 20% or more down. I don’t remember the credit era numbers, but it was not much different. The prices would need to drop a lot for those to walk.

[Author]

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