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July 2, 2009 at 8:34 PM #425164July 2, 2009 at 10:47 PM #424455sunny88Participant
It looks like home prices are going up again! Look at this one:
http://www.sdlookup.com/MLS-090007468-4117_Del_Mar_Trails_Rd_San_Diego_CA_92130I think it is a little overpriced….
July 2, 2009 at 10:47 PM #424688sunny88ParticipantIt looks like home prices are going up again! Look at this one:
http://www.sdlookup.com/MLS-090007468-4117_Del_Mar_Trails_Rd_San_Diego_CA_92130I think it is a little overpriced….
July 2, 2009 at 10:47 PM #424969sunny88ParticipantIt looks like home prices are going up again! Look at this one:
http://www.sdlookup.com/MLS-090007468-4117_Del_Mar_Trails_Rd_San_Diego_CA_92130I think it is a little overpriced….
July 2, 2009 at 10:47 PM #425039sunny88ParticipantIt looks like home prices are going up again! Look at this one:
http://www.sdlookup.com/MLS-090007468-4117_Del_Mar_Trails_Rd_San_Diego_CA_92130I think it is a little overpriced….
July 2, 2009 at 10:47 PM #425203sunny88ParticipantIt looks like home prices are going up again! Look at this one:
http://www.sdlookup.com/MLS-090007468-4117_Del_Mar_Trails_Rd_San_Diego_CA_92130I think it is a little overpriced….
July 4, 2009 at 7:10 AM #4250824plexownerParticipant“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices
[img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]Real prices
[img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]July 4, 2009 at 7:10 AM #4253154plexownerParticipant“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices
[img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]Real prices
[img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]July 4, 2009 at 7:10 AM #4256004plexownerParticipant“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices
[img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]Real prices
[img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]July 4, 2009 at 7:10 AM #4256694plexownerParticipant“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices
[img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]Real prices
[img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]July 4, 2009 at 7:10 AM #4258314plexownerParticipant“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices
[img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]Real prices
[img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]July 4, 2009 at 9:29 AM #425122NavydocParticipantWell, we closed on 6/30, and now all my crap is on a truck on its way to Gaithersburg MD. Did I rationalize? I don’t think so. I can’t even find a rental close to my new house for anything near to what my mortgage payment is. I also won’t have a guy in a little beat-up yellow pickup with a clipboard in front of my house scheduling the trustee sale (this happened 10 days prior to our move, I asked the guy how much time we had and he couldn’t tell me, but he said we still had some time).
Renting was very good to me, and it allowed me to save the nice chunk of change that I could use as a down payment. But renting is not without its problems. While living in LA we had to move twice, once after my first year, and I had to do that one myself. I cannot tell you how stressful that was for my family. I also feel a little better about this money when the inevitable inflation finally hits. What’s the difference if the money is lost due to depreciation of the house, or if its spending power is decreased through inflation? At least now my housing costs are fixed at a price I can very comfortably afford. When inflation comes I’ll be smelling like a rose. If the money was in a CD or other safe investment I would lose by both lost spending power, and having to pay increasing housing costs.
I am now very well situated to ride out anything that comes economically. My job is completely safe. Even if the Navy dumps me, I could find a new job in about 5 minutes. I don’t see procreation dropping off any time soon, and women keep having babies later and later in life, which keeps the high-risk OBs quite busy.
I hope I can keep my PIGG status on the East coast.
July 4, 2009 at 9:29 AM #425356NavydocParticipantWell, we closed on 6/30, and now all my crap is on a truck on its way to Gaithersburg MD. Did I rationalize? I don’t think so. I can’t even find a rental close to my new house for anything near to what my mortgage payment is. I also won’t have a guy in a little beat-up yellow pickup with a clipboard in front of my house scheduling the trustee sale (this happened 10 days prior to our move, I asked the guy how much time we had and he couldn’t tell me, but he said we still had some time).
Renting was very good to me, and it allowed me to save the nice chunk of change that I could use as a down payment. But renting is not without its problems. While living in LA we had to move twice, once after my first year, and I had to do that one myself. I cannot tell you how stressful that was for my family. I also feel a little better about this money when the inevitable inflation finally hits. What’s the difference if the money is lost due to depreciation of the house, or if its spending power is decreased through inflation? At least now my housing costs are fixed at a price I can very comfortably afford. When inflation comes I’ll be smelling like a rose. If the money was in a CD or other safe investment I would lose by both lost spending power, and having to pay increasing housing costs.
I am now very well situated to ride out anything that comes economically. My job is completely safe. Even if the Navy dumps me, I could find a new job in about 5 minutes. I don’t see procreation dropping off any time soon, and women keep having babies later and later in life, which keeps the high-risk OBs quite busy.
I hope I can keep my PIGG status on the East coast.
July 4, 2009 at 9:29 AM #425640NavydocParticipantWell, we closed on 6/30, and now all my crap is on a truck on its way to Gaithersburg MD. Did I rationalize? I don’t think so. I can’t even find a rental close to my new house for anything near to what my mortgage payment is. I also won’t have a guy in a little beat-up yellow pickup with a clipboard in front of my house scheduling the trustee sale (this happened 10 days prior to our move, I asked the guy how much time we had and he couldn’t tell me, but he said we still had some time).
Renting was very good to me, and it allowed me to save the nice chunk of change that I could use as a down payment. But renting is not without its problems. While living in LA we had to move twice, once after my first year, and I had to do that one myself. I cannot tell you how stressful that was for my family. I also feel a little better about this money when the inevitable inflation finally hits. What’s the difference if the money is lost due to depreciation of the house, or if its spending power is decreased through inflation? At least now my housing costs are fixed at a price I can very comfortably afford. When inflation comes I’ll be smelling like a rose. If the money was in a CD or other safe investment I would lose by both lost spending power, and having to pay increasing housing costs.
I am now very well situated to ride out anything that comes economically. My job is completely safe. Even if the Navy dumps me, I could find a new job in about 5 minutes. I don’t see procreation dropping off any time soon, and women keep having babies later and later in life, which keeps the high-risk OBs quite busy.
I hope I can keep my PIGG status on the East coast.
July 4, 2009 at 9:29 AM #425708NavydocParticipantWell, we closed on 6/30, and now all my crap is on a truck on its way to Gaithersburg MD. Did I rationalize? I don’t think so. I can’t even find a rental close to my new house for anything near to what my mortgage payment is. I also won’t have a guy in a little beat-up yellow pickup with a clipboard in front of my house scheduling the trustee sale (this happened 10 days prior to our move, I asked the guy how much time we had and he couldn’t tell me, but he said we still had some time).
Renting was very good to me, and it allowed me to save the nice chunk of change that I could use as a down payment. But renting is not without its problems. While living in LA we had to move twice, once after my first year, and I had to do that one myself. I cannot tell you how stressful that was for my family. I also feel a little better about this money when the inevitable inflation finally hits. What’s the difference if the money is lost due to depreciation of the house, or if its spending power is decreased through inflation? At least now my housing costs are fixed at a price I can very comfortably afford. When inflation comes I’ll be smelling like a rose. If the money was in a CD or other safe investment I would lose by both lost spending power, and having to pay increasing housing costs.
I am now very well situated to ride out anything that comes economically. My job is completely safe. Even if the Navy dumps me, I could find a new job in about 5 minutes. I don’t see procreation dropping off any time soon, and women keep having babies later and later in life, which keeps the high-risk OBs quite busy.
I hope I can keep my PIGG status on the East coast.
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