San Diego Home Sales about to be revised downward BIGTIME (89% to 6.5% increase in May)

[sdrealtor]

sobmaz
SEH is a very nice master planned community in North County san Diego. Very desireable for young familes and depedning upon the tract what most would consider Upper Middle class and certainly no less than middle class. It was my listing.

Comparisons to an intangible stock that provides nothing but a financial investment are a wee bit insincere. These are peoples homes where they will raise their families, make lifelong friends and create lasting memories. Those things create returns to homeowners that a stock investment never will.

[sobmaz]

My whole point is your average s.d. family does not have 4K a month for housing.

[sobmaz]

My whole point is your average s.d. family does not have 4K a month for housing.

[sobmaz]

My whole point is your average s.d. family does not have 4K a month for housing.

[sobmaz]

My whole point is your average s.d. family does not have 4K a month for housing.

[sobmaz]

My whole point is your average s.d. family does not have 4K a month for housing.

[sdrealtor]

And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.

[sdrealtor]

And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.

[sdrealtor]

And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.

[sdrealtor]

And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.

[sdrealtor]

And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.

[Scarlett]

[quote=sdrealtor]And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.[/quote]
Ok, so it’s not 4K, is *JUST* 3K IF they put 20% down – esp. when you add up MRs or HOAs AND Prop.taxes (ok, those can wash out with interest tax deduction)… Or 3.5 K if they put less than 20% and had to pay PMI…I still think that’s WAY too much. And it’s not even true in some ‘hoods like Carlsbad Aviara/La Costa, or CV, or CMR… 3K is the take home paycheck at an average salary…It shouldn’t make sense to spend one paycheck for housing, when one may lose its job. But it’s true, prices have come down a lot in many areas, esp. inland.

[Scarlett]

[quote=sdrealtor]And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.[/quote]
Ok, so it’s not 4K, is *JUST* 3K IF they put 20% down – esp. when you add up MRs or HOAs AND Prop.taxes (ok, those can wash out with interest tax deduction)… Or 3.5 K if they put less than 20% and had to pay PMI…I still think that’s WAY too much. And it’s not even true in some ‘hoods like Carlsbad Aviara/La Costa, or CV, or CMR… 3K is the take home paycheck at an average salary…It shouldn’t make sense to spend one paycheck for housing, when one may lose its job. But it’s true, prices have come down a lot in many areas, esp. inland.

[Scarlett]

[quote=sdrealtor]And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.[/quote]
Ok, so it’s not 4K, is *JUST* 3K IF they put 20% down – esp. when you add up MRs or HOAs AND Prop.taxes (ok, those can wash out with interest tax deduction)… Or 3.5 K if they put less than 20% and had to pay PMI…I still think that’s WAY too much. And it’s not even true in some ‘hoods like Carlsbad Aviara/La Costa, or CV, or CMR… 3K is the take home paycheck at an average salary…It shouldn’t make sense to spend one paycheck for housing, when one may lose its job. But it’s true, prices have come down a lot in many areas, esp. inland.

[Scarlett]

[quote=sdrealtor]And my point is that your average sd family doesnt have to spend that much. A $550K home is now a very nice home in a nice community that is affordable for the people that it should be. A few years ago it was a shack in the hood.[/quote]
Ok, so it’s not 4K, is *JUST* 3K IF they put 20% down – esp. when you add up MRs or HOAs AND Prop.taxes (ok, those can wash out with interest tax deduction)… Or 3.5 K if they put less than 20% and had to pay PMI…I still think that’s WAY too much. And it’s not even true in some ‘hoods like Carlsbad Aviara/La Costa, or CV, or CMR… 3K is the take home paycheck at an average salary…It shouldn’t make sense to spend one paycheck for housing, when one may lose its job. But it’s true, prices have come down a lot in many areas, esp. inland.

[Author]

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