Margin for error?

[an]

[quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).

[NotCranky]

“Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?”

Besides these,some near future buyers are siting in their current primary/soon to become cash cow rental property too. This could definitely affect rationale for the next owner occupied move-up or what not.

[NotCranky]

“Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?”

Besides these,some near future buyers are siting in their current primary/soon to become cash cow rental property too. This could definitely affect rationale for the next owner occupied move-up or what not.

[NotCranky]

“Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?”

Besides these,some near future buyers are siting in their current primary/soon to become cash cow rental property too. This could definitely affect rationale for the next owner occupied move-up or what not.

[NotCranky]

“Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?”

Besides these,some near future buyers are siting in their current primary/soon to become cash cow rental property too. This could definitely affect rationale for the next owner occupied move-up or what not.

[NotCranky]

“Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?”

Besides these,some near future buyers are siting in their current primary/soon to become cash cow rental property too. This could definitely affect rationale for the next owner occupied move-up or what not.

[Coronita]

[quote=AN][quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).[/quote]

You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂

There was one error… The really high end homes in CV $2million+ have seen some major price actions…But those are out of my league…

[Coronita]

[quote=AN][quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).[/quote]

You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂

There was one error… The really high end homes in CV $2million+ have seen some major price actions…But those are out of my league…

[Coronita]

[quote=AN][quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).[/quote]

You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂

There was one error… The really high end homes in CV $2million+ have seen some major price actions…But those are out of my league…

[Coronita]

[quote=AN][quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).[/quote]

You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂

There was one error… The really high end homes in CV $2million+ have seen some major price actions…But those are out of my league…

[Coronita]

[quote=AN][quote=flu]
….The bonus question is (which I don’t haven an answer for)….How long do people think it will take for 2600-2800sqft SFH in CV to reach say $650k or lower? And what will interest rates be then? Are these government interventions (which are surely not going to stop a price decline) going to continue to cause a slow trickle versus a steep drop like so many of us (inclusive) are hoping so that we can get back into the RE game? Is inflation going to eat into our savings? Is the average investment for the average person going to outperform inflation? Is there a point when a sustained slow trickle price decline plus a slow uptick in interest rates plus eventual inflation will be a wash compared to slightly “overpaying” up front?
[/quote]
I hope it’ll be around that price 10 years from now :-).[/quote]

You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂

There was one error… The really high end homes in CV $2million+ have seen some major price actions…But those are out of my league…

[an]

[quote=flu]
You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂
[/quote]
I grew up in SD, so I can never leave this place. I’ve been to many cities and it always feel so good when I come back here. I would much rather have a 2000 sq-ft house in Solana Beach/Del Mar west of the 5 than 2800 sq-ft in Torrey Hills though.

[an]

[quote=flu]
You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂
[/quote]
I grew up in SD, so I can never leave this place. I’ve been to many cities and it always feel so good when I come back here. I would much rather have a 2000 sq-ft house in Solana Beach/Del Mar west of the 5 than 2800 sq-ft in Torrey Hills though.

[an]

[quote=flu]
You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂
[/quote]
I grew up in SD, so I can never leave this place. I’ve been to many cities and it always feel so good when I come back here. I would much rather have a 2000 sq-ft house in Solana Beach/Del Mar west of the 5 than 2800 sq-ft in Torrey Hills though.

[an]

[quote=flu]
You’re not alone. Actually, I have a much more interest in a nice SFH in the Bay Area, just in case I want to move back there. Part of my plan for world domination: a home in NorCal, L.A. wood, and S.D. 🙂
[/quote]
I grew up in SD, so I can never leave this place. I’ve been to many cities and it always feel so good when I come back here. I would much rather have a 2000 sq-ft house in Solana Beach/Del Mar west of the 5 than 2800 sq-ft in Torrey Hills though.

[Author]

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