- This topic has 155 replies, 23 voices, and was last updated 16 years, 11 months ago by
unbiasedobserver.
-
AuthorPosts
-
February 23, 2008 at 9:36 PM #11911February 23, 2008 at 9:49 PM #158658
paramount
ParticipantAnd yet the Bay Area has not really deflated like most areas of So Cal. Of course, I would not really consider Guerneville the Bay Area – back in the mid 1990’s Guerneville was basically flooded out by the Russian River.
To answer your question, I bought my house in 2003 and had a quick valuation done a year later and the value had gone up dramatically – that’s when I knew something was not right.
February 23, 2008 at 9:49 PM #158949paramount
ParticipantAnd yet the Bay Area has not really deflated like most areas of So Cal. Of course, I would not really consider Guerneville the Bay Area – back in the mid 1990’s Guerneville was basically flooded out by the Russian River.
To answer your question, I bought my house in 2003 and had a quick valuation done a year later and the value had gone up dramatically – that’s when I knew something was not right.
February 23, 2008 at 9:49 PM #158960paramount
ParticipantAnd yet the Bay Area has not really deflated like most areas of So Cal. Of course, I would not really consider Guerneville the Bay Area – back in the mid 1990’s Guerneville was basically flooded out by the Russian River.
To answer your question, I bought my house in 2003 and had a quick valuation done a year later and the value had gone up dramatically – that’s when I knew something was not right.
February 23, 2008 at 9:49 PM #158968paramount
ParticipantAnd yet the Bay Area has not really deflated like most areas of So Cal. Of course, I would not really consider Guerneville the Bay Area – back in the mid 1990’s Guerneville was basically flooded out by the Russian River.
To answer your question, I bought my house in 2003 and had a quick valuation done a year later and the value had gone up dramatically – that’s when I knew something was not right.
February 23, 2008 at 9:49 PM #159042paramount
ParticipantAnd yet the Bay Area has not really deflated like most areas of So Cal. Of course, I would not really consider Guerneville the Bay Area – back in the mid 1990’s Guerneville was basically flooded out by the Russian River.
To answer your question, I bought my house in 2003 and had a quick valuation done a year later and the value had gone up dramatically – that’s when I knew something was not right.
February 23, 2008 at 9:56 PM #158668Enorah
ParticipantI do not really consider Guerneville part of the bay area either, it is 2 counties north of SF. Prices are coming down in the Russian River area. I have watched them for years, first go up, then hold, then fall.
Thanks for your response to my initial question. I think one of the reasons it was so apparent to me when we first moved to CA was that it was much more magnified here than in Chicago, but even in Chicago many, many people were drinking the “housing only goes up” kool-aid.
February 23, 2008 at 9:56 PM #158959Enorah
ParticipantI do not really consider Guerneville part of the bay area either, it is 2 counties north of SF. Prices are coming down in the Russian River area. I have watched them for years, first go up, then hold, then fall.
Thanks for your response to my initial question. I think one of the reasons it was so apparent to me when we first moved to CA was that it was much more magnified here than in Chicago, but even in Chicago many, many people were drinking the “housing only goes up” kool-aid.
February 23, 2008 at 9:56 PM #158970Enorah
ParticipantI do not really consider Guerneville part of the bay area either, it is 2 counties north of SF. Prices are coming down in the Russian River area. I have watched them for years, first go up, then hold, then fall.
Thanks for your response to my initial question. I think one of the reasons it was so apparent to me when we first moved to CA was that it was much more magnified here than in Chicago, but even in Chicago many, many people were drinking the “housing only goes up” kool-aid.
February 23, 2008 at 9:56 PM #158978Enorah
ParticipantI do not really consider Guerneville part of the bay area either, it is 2 counties north of SF. Prices are coming down in the Russian River area. I have watched them for years, first go up, then hold, then fall.
Thanks for your response to my initial question. I think one of the reasons it was so apparent to me when we first moved to CA was that it was much more magnified here than in Chicago, but even in Chicago many, many people were drinking the “housing only goes up” kool-aid.
February 23, 2008 at 9:56 PM #159052Enorah
ParticipantI do not really consider Guerneville part of the bay area either, it is 2 counties north of SF. Prices are coming down in the Russian River area. I have watched them for years, first go up, then hold, then fall.
Thanks for your response to my initial question. I think one of the reasons it was so apparent to me when we first moved to CA was that it was much more magnified here than in Chicago, but even in Chicago many, many people were drinking the “housing only goes up” kool-aid.
February 23, 2008 at 10:07 PM #158688eccen in esc
Participanteccen in esc
how and when:
In 8/05 I bought a house. After about 30K in improvements and six months later, I got a flier in the mailbox describing in common sense language by some economist, the upcoming housing collapse. I pretty much panicked because I didn’t want to be stuck there forever and listed my house. It took about 5 months to sell and even though it sold 17K more than what I paid I still lost a lot. But I don’t regret it and am impatiently renting. Thank God for these Piggs.February 23, 2008 at 10:07 PM #158980eccen in esc
Participanteccen in esc
how and when:
In 8/05 I bought a house. After about 30K in improvements and six months later, I got a flier in the mailbox describing in common sense language by some economist, the upcoming housing collapse. I pretty much panicked because I didn’t want to be stuck there forever and listed my house. It took about 5 months to sell and even though it sold 17K more than what I paid I still lost a lot. But I don’t regret it and am impatiently renting. Thank God for these Piggs.February 23, 2008 at 10:07 PM #158990eccen in esc
Participanteccen in esc
how and when:
In 8/05 I bought a house. After about 30K in improvements and six months later, I got a flier in the mailbox describing in common sense language by some economist, the upcoming housing collapse. I pretty much panicked because I didn’t want to be stuck there forever and listed my house. It took about 5 months to sell and even though it sold 17K more than what I paid I still lost a lot. But I don’t regret it and am impatiently renting. Thank God for these Piggs.February 23, 2008 at 10:07 PM #158998eccen in esc
Participanteccen in esc
how and when:
In 8/05 I bought a house. After about 30K in improvements and six months later, I got a flier in the mailbox describing in common sense language by some economist, the upcoming housing collapse. I pretty much panicked because I didn’t want to be stuck there forever and listed my house. It took about 5 months to sell and even though it sold 17K more than what I paid I still lost a lot. But I don’t regret it and am impatiently renting. Thank God for these Piggs. -
AuthorPosts
- You must be logged in to reply to this topic.