Housing won’t hit bottom ’til 2012

[sdrealtor]

Woah jp,
For many prices ranges it is cheaper to buy and for the highest ones it isnt. I did jstoesz buy vs rent calculator inputting exactly what happened. Over the 11 years I have been hear it came up as a $40,000 net positve decision PER YEAR!

I agree that I tend to be myopic but I know I can find deals all over this county. I am in the process of hammering out a deal on a condo in a great school district (poway) for a 1st time buyer. They are very conservative and he is actually a bank examiner. The costs will be cheaper than rent by at least $200/month without factoring in tax benefits. Sounds like a winner winner chicken dinner to me.

[Anonymous]

FLU, all I’m saying is your thesis that the stock market being up somehow buoys the RE market doesn’t pass the smell test. If that were the case then why did the RE market take off at the same time the stock market collapsed in 2000?

Furthermore, in 2000/2001 we wire in a mild recession, 9-11 happened and the stock market collapsed. Phsychology was very negative. Yet, the RE market took off…

But going forward I agree it is most likely that if RE market prices collapse in the next few years, stock market will also. I just don’t agree that it is a cause and effect like you guys do.

[Anonymous]

FLU, all I’m saying is your thesis that the stock market being up somehow buoys the RE market doesn’t pass the smell test. If that were the case then why did the RE market take off at the same time the stock market collapsed in 2000?

Furthermore, in 2000/2001 we wire in a mild recession, 9-11 happened and the stock market collapsed. Phsychology was very negative. Yet, the RE market took off…

But going forward I agree it is most likely that if RE market prices collapse in the next few years, stock market will also. I just don’t agree that it is a cause and effect like you guys do.

[Anonymous]

FLU, all I’m saying is your thesis that the stock market being up somehow buoys the RE market doesn’t pass the smell test. If that were the case then why did the RE market take off at the same time the stock market collapsed in 2000?

Furthermore, in 2000/2001 we wire in a mild recession, 9-11 happened and the stock market collapsed. Phsychology was very negative. Yet, the RE market took off…

But going forward I agree it is most likely that if RE market prices collapse in the next few years, stock market will also. I just don’t agree that it is a cause and effect like you guys do.

[Anonymous]

FLU, all I’m saying is your thesis that the stock market being up somehow buoys the RE market doesn’t pass the smell test. If that were the case then why did the RE market take off at the same time the stock market collapsed in 2000?

Furthermore, in 2000/2001 we wire in a mild recession, 9-11 happened and the stock market collapsed. Phsychology was very negative. Yet, the RE market took off…

But going forward I agree it is most likely that if RE market prices collapse in the next few years, stock market will also. I just don’t agree that it is a cause and effect like you guys do.

[Anonymous]

FLU, all I’m saying is your thesis that the stock market being up somehow buoys the RE market doesn’t pass the smell test. If that were the case then why did the RE market take off at the same time the stock market collapsed in 2000?

Furthermore, in 2000/2001 we wire in a mild recession, 9-11 happened and the stock market collapsed. Phsychology was very negative. Yet, the RE market took off…

But going forward I agree it is most likely that if RE market prices collapse in the next few years, stock market will also. I just don’t agree that it is a cause and effect like you guys do.

[bearishgurl]

[quote=zzz][quote=bearishgurl][quote=pemeliza]Glad to see all talk about MH. zzz, are you talking about:

http://www.sdlookup.com/MLS-100060115-1256_Upas_St_San_Diego_CA_92103

Love that area but I still like north MH a little better.[/quote]

Yeah, Hillcrest, just west of Morley Field. LUV that Insinkerator sprayer mounted over the kitchen sink, lol![/quote]

That’s actually Marston Hills, hence why folks consider it a premium location, just go look at the homes around it. Also there are no homes across the street and is right across the street from the park. The home is remarkably preserved and needs updating, but the original condition is amazing. for a home of its age, there is no apparent buckling/settling in the floors which is not unusual just due to natural settlement/age even with no soil /foundation issues. The tile in the bathroom is even in amazing original condition with no cracks. Most wouldn’t keep it, but it attests to the craftmanship and care in the home. The garage was built with redwood, etc. Its REALLY rare you see a home like this anymore in original condition.[/quote]

Of course, zzz, that house has to be right across the st from the Boy Scout/Girl Scout HQs. I was part of a running group for 10 years that regularly used that nearby trail traversing the SR-163 canyon and sometimes we would jog around Myrtle Ave/Way (behind your subject property). I just loved the houses on that circle that looked tiny from the street but were actually 2-3 stories down the surrounding canyon, lol! SDPD used to have horse patrols throughout the 163 canyon, among others. Are they still doing this and is their horse stn just below the aeronautical museum (President’s Way)?? I know they’ve had to endure massive budget cuts and haven’t checked this lately.

[bearishgurl]

[quote=zzz][quote=bearishgurl][quote=pemeliza]Glad to see all talk about MH. zzz, are you talking about:

http://www.sdlookup.com/MLS-100060115-1256_Upas_St_San_Diego_CA_92103

Love that area but I still like north MH a little better.[/quote]

Yeah, Hillcrest, just west of Morley Field. LUV that Insinkerator sprayer mounted over the kitchen sink, lol![/quote]

That’s actually Marston Hills, hence why folks consider it a premium location, just go look at the homes around it. Also there are no homes across the street and is right across the street from the park. The home is remarkably preserved and needs updating, but the original condition is amazing. for a home of its age, there is no apparent buckling/settling in the floors which is not unusual just due to natural settlement/age even with no soil /foundation issues. The tile in the bathroom is even in amazing original condition with no cracks. Most wouldn’t keep it, but it attests to the craftmanship and care in the home. The garage was built with redwood, etc. Its REALLY rare you see a home like this anymore in original condition.[/quote]

Of course, zzz, that house has to be right across the st from the Boy Scout/Girl Scout HQs. I was part of a running group for 10 years that regularly used that nearby trail traversing the SR-163 canyon and sometimes we would jog around Myrtle Ave/Way (behind your subject property). I just loved the houses on that circle that looked tiny from the street but were actually 2-3 stories down the surrounding canyon, lol! SDPD used to have horse patrols throughout the 163 canyon, among others. Are they still doing this and is their horse stn just below the aeronautical museum (President’s Way)?? I know they’ve had to endure massive budget cuts and haven’t checked this lately.

[bearishgurl]

[quote=zzz][quote=bearishgurl][quote=pemeliza]Glad to see all talk about MH. zzz, are you talking about:

http://www.sdlookup.com/MLS-100060115-1256_Upas_St_San_Diego_CA_92103

Love that area but I still like north MH a little better.[/quote]

Yeah, Hillcrest, just west of Morley Field. LUV that Insinkerator sprayer mounted over the kitchen sink, lol![/quote]

That’s actually Marston Hills, hence why folks consider it a premium location, just go look at the homes around it. Also there are no homes across the street and is right across the street from the park. The home is remarkably preserved and needs updating, but the original condition is amazing. for a home of its age, there is no apparent buckling/settling in the floors which is not unusual just due to natural settlement/age even with no soil /foundation issues. The tile in the bathroom is even in amazing original condition with no cracks. Most wouldn’t keep it, but it attests to the craftmanship and care in the home. The garage was built with redwood, etc. Its REALLY rare you see a home like this anymore in original condition.[/quote]

Of course, zzz, that house has to be right across the st from the Boy Scout/Girl Scout HQs. I was part of a running group for 10 years that regularly used that nearby trail traversing the SR-163 canyon and sometimes we would jog around Myrtle Ave/Way (behind your subject property). I just loved the houses on that circle that looked tiny from the street but were actually 2-3 stories down the surrounding canyon, lol! SDPD used to have horse patrols throughout the 163 canyon, among others. Are they still doing this and is their horse stn just below the aeronautical museum (President’s Way)?? I know they’ve had to endure massive budget cuts and haven’t checked this lately.

[bearishgurl]

[quote=zzz][quote=bearishgurl][quote=pemeliza]Glad to see all talk about MH. zzz, are you talking about:

http://www.sdlookup.com/MLS-100060115-1256_Upas_St_San_Diego_CA_92103

Love that area but I still like north MH a little better.[/quote]

Yeah, Hillcrest, just west of Morley Field. LUV that Insinkerator sprayer mounted over the kitchen sink, lol![/quote]

That’s actually Marston Hills, hence why folks consider it a premium location, just go look at the homes around it. Also there are no homes across the street and is right across the street from the park. The home is remarkably preserved and needs updating, but the original condition is amazing. for a home of its age, there is no apparent buckling/settling in the floors which is not unusual just due to natural settlement/age even with no soil /foundation issues. The tile in the bathroom is even in amazing original condition with no cracks. Most wouldn’t keep it, but it attests to the craftmanship and care in the home. The garage was built with redwood, etc. Its REALLY rare you see a home like this anymore in original condition.[/quote]

Of course, zzz, that house has to be right across the st from the Boy Scout/Girl Scout HQs. I was part of a running group for 10 years that regularly used that nearby trail traversing the SR-163 canyon and sometimes we would jog around Myrtle Ave/Way (behind your subject property). I just loved the houses on that circle that looked tiny from the street but were actually 2-3 stories down the surrounding canyon, lol! SDPD used to have horse patrols throughout the 163 canyon, among others. Are they still doing this and is their horse stn just below the aeronautical museum (President’s Way)?? I know they’ve had to endure massive budget cuts and haven’t checked this lately.

[bearishgurl]

[quote=zzz][quote=bearishgurl][quote=pemeliza]Glad to see all talk about MH. zzz, are you talking about:

http://www.sdlookup.com/MLS-100060115-1256_Upas_St_San_Diego_CA_92103

Love that area but I still like north MH a little better.[/quote]

Yeah, Hillcrest, just west of Morley Field. LUV that Insinkerator sprayer mounted over the kitchen sink, lol![/quote]

That’s actually Marston Hills, hence why folks consider it a premium location, just go look at the homes around it. Also there are no homes across the street and is right across the street from the park. The home is remarkably preserved and needs updating, but the original condition is amazing. for a home of its age, there is no apparent buckling/settling in the floors which is not unusual just due to natural settlement/age even with no soil /foundation issues. The tile in the bathroom is even in amazing original condition with no cracks. Most wouldn’t keep it, but it attests to the craftmanship and care in the home. The garage was built with redwood, etc. Its REALLY rare you see a home like this anymore in original condition.[/quote]

Of course, zzz, that house has to be right across the st from the Boy Scout/Girl Scout HQs. I was part of a running group for 10 years that regularly used that nearby trail traversing the SR-163 canyon and sometimes we would jog around Myrtle Ave/Way (behind your subject property). I just loved the houses on that circle that looked tiny from the street but were actually 2-3 stories down the surrounding canyon, lol! SDPD used to have horse patrols throughout the 163 canyon, among others. Are they still doing this and is their horse stn just below the aeronautical museum (President’s Way)?? I know they’ve had to endure massive budget cuts and haven’t checked this lately.

[bearishgurl]

[quote=sdrealtor]Woah jp,
For many prices ranges it is cheaper to buy and for the highest ones it isnt. I did jstoesz buy vs rent calculator inputting exactly what happened. Over the 11 years I have been hear it came up as a $40,000 net positve decision PER YEAR![/quote]

sdr, have you put any improvements into your personal residence and if so, how much do you think you spent, in total?

And did you purchase your current residence as new construction, sans landscaping/window coverings??

[bearishgurl]

[quote=sdrealtor]Woah jp,
For many prices ranges it is cheaper to buy and for the highest ones it isnt. I did jstoesz buy vs rent calculator inputting exactly what happened. Over the 11 years I have been hear it came up as a $40,000 net positve decision PER YEAR![/quote]

sdr, have you put any improvements into your personal residence and if so, how much do you think you spent, in total?

And did you purchase your current residence as new construction, sans landscaping/window coverings??

[bearishgurl]

[quote=sdrealtor]Woah jp,
For many prices ranges it is cheaper to buy and for the highest ones it isnt. I did jstoesz buy vs rent calculator inputting exactly what happened. Over the 11 years I have been hear it came up as a $40,000 net positve decision PER YEAR![/quote]

sdr, have you put any improvements into your personal residence and if so, how much do you think you spent, in total?

And did you purchase your current residence as new construction, sans landscaping/window coverings??

[bearishgurl]

[quote=sdrealtor]Woah jp,
For many prices ranges it is cheaper to buy and for the highest ones it isnt. I did jstoesz buy vs rent calculator inputting exactly what happened. Over the 11 years I have been hear it came up as a $40,000 net positve decision PER YEAR![/quote]

sdr, have you put any improvements into your personal residence and if so, how much do you think you spent, in total?

And did you purchase your current residence as new construction, sans landscaping/window coverings??

[Author]

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