Redfin Numbers ??

[Noob]

hack
1 : working for hire especially with mediocre professional standards <a hack journalist>
2 : performed by, suited to, or characteristic of a hack <hack writing>

I was reading the Redfin.com newsletter and was very surprised to read that the median San Diego home price has only dropped from$517K down to $505k. Is this correct?

Here is the article written by: Carol D. Hian, HDFP on February 14, 2008 7:25 AM

http://blog.redfin.com/sandiego/2008/02/are_you_a_bottom_feeder.html

[Anonymous]

I would think so, even with this supposed correction underway for a while now and with a six figure salary, I am still priced out of most of SD. Even though I’m fairly young my attitude on home buying is old school: If you can’t put 20% down and the monthly payment on a 30 year fixed loan exceeds 30% of your take home income, you can’t afford the house. Sure, there are “other” areas of the county you can look at if you don’t have kids, but in SD there appears to be a 300K+ premium you pay for your kids not to have to share a school with a ton of gang bangers and pregnant teens.

[Anonymous]

I would think so, even with this supposed correction underway for a while now and with a six figure salary, I am still priced out of most of SD. Even though I’m fairly young my attitude on home buying is old school: If you can’t put 20% down and the monthly payment on a 30 year fixed loan exceeds 30% of your take home income, you can’t afford the house. Sure, there are “other” areas of the county you can look at if you don’t have kids, but in SD there appears to be a 300K+ premium you pay for your kids not to have to share a school with a ton of gang bangers and pregnant teens.

[Anonymous]

I would think so, even with this supposed correction underway for a while now and with a six figure salary, I am still priced out of most of SD. Even though I’m fairly young my attitude on home buying is old school: If you can’t put 20% down and the monthly payment on a 30 year fixed loan exceeds 30% of your take home income, you can’t afford the house. Sure, there are “other” areas of the county you can look at if you don’t have kids, but in SD there appears to be a 300K+ premium you pay for your kids not to have to share a school with a ton of gang bangers and pregnant teens.

[Anonymous]

I would think so, even with this supposed correction underway for a while now and with a six figure salary, I am still priced out of most of SD. Even though I’m fairly young my attitude on home buying is old school: If you can’t put 20% down and the monthly payment on a 30 year fixed loan exceeds 30% of your take home income, you can’t afford the house. Sure, there are “other” areas of the county you can look at if you don’t have kids, but in SD there appears to be a 300K+ premium you pay for your kids not to have to share a school with a ton of gang bangers and pregnant teens.

[Anonymous]

I would think so, even with this supposed correction underway for a while now and with a six figure salary, I am still priced out of most of SD. Even though I’m fairly young my attitude on home buying is old school: If you can’t put 20% down and the monthly payment on a 30 year fixed loan exceeds 30% of your take home income, you can’t afford the house. Sure, there are “other” areas of the county you can look at if you don’t have kids, but in SD there appears to be a 300K+ premium you pay for your kids not to have to share a school with a ton of gang bangers and pregnant teens.

[Author]

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