- This topic has 159 replies, 33 voices, and was last updated 16 years, 6 months ago by Anonymous.
-
AuthorPosts
-
October 29, 2007 at 12:07 AM #92827October 29, 2007 at 12:22 AM #92789DesertedParticipant
Go easy on the newguy.
He’s already bought — and at a large discount. While I may believe pricing will fall further, newguy got a very good deal now. Who’s to say that his discounted price now won’t be the market price in 2 – 4 years?
“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.” Bernard Baruch (discussing the stock market, not the real estate market — you decide if it applies).
October 29, 2007 at 12:22 AM #92820DesertedParticipantGo easy on the newguy.
He’s already bought — and at a large discount. While I may believe pricing will fall further, newguy got a very good deal now. Who’s to say that his discounted price now won’t be the market price in 2 – 4 years?
“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.” Bernard Baruch (discussing the stock market, not the real estate market — you decide if it applies).
October 29, 2007 at 12:22 AM #92832DesertedParticipantGo easy on the newguy.
He’s already bought — and at a large discount. While I may believe pricing will fall further, newguy got a very good deal now. Who’s to say that his discounted price now won’t be the market price in 2 – 4 years?
“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.” Bernard Baruch (discussing the stock market, not the real estate market — you decide if it applies).
October 29, 2007 at 3:54 AM #92798pertinazzioParticipant<
> Can someone kindly explain what “Black Friday sales” are ? Thanks. Pertinazzio
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
October 29, 2007 at 3:54 AM #92829pertinazzioParticipant<
> Can someone kindly explain what “Black Friday sales” are ? Thanks. Pertinazzio
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
October 29, 2007 at 3:54 AM #92842pertinazzioParticipant<
> Can someone kindly explain what “Black Friday sales” are ? Thanks. Pertinazzio
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
October 29, 2007 at 9:07 AM #92851(former)FormerSanDieganParticipantBlack Friday = The day after Thanksgiving. It’s traditional one of the biggest shopping days and theoretically puts the retailers “in the black” or at least seals their fate in terms of profits for the year. Hence the name Black Friday.
October 29, 2007 at 9:07 AM #92883(former)FormerSanDieganParticipantBlack Friday = The day after Thanksgiving. It’s traditional one of the biggest shopping days and theoretically puts the retailers “in the black” or at least seals their fate in terms of profits for the year. Hence the name Black Friday.
October 29, 2007 at 9:07 AM #92897(former)FormerSanDieganParticipantBlack Friday = The day after Thanksgiving. It’s traditional one of the biggest shopping days and theoretically puts the retailers “in the black” or at least seals their fate in terms of profits for the year. Hence the name Black Friday.
October 29, 2007 at 10:32 AM #92864JPJonesParticipant$109 per sq/foot? I’d say you hit it close enough to the mark to go with it. That region started its decline before everywhere else in SoCal, so it’ll bottom out much sooner. Buying at the bottom is peachy if you’re just an investor, but if you are buying the house to live in long-term, 6 months to a year before the market lands is much better. You will no doubt lose equity in your home, but you’ll have a much better selection and have an easier time finding a GREAT home instead of settling for one that’s dirt cheap but just OK.
When the market really hits bottom, all that will be left is swill.
October 29, 2007 at 10:32 AM #92895JPJonesParticipant$109 per sq/foot? I’d say you hit it close enough to the mark to go with it. That region started its decline before everywhere else in SoCal, so it’ll bottom out much sooner. Buying at the bottom is peachy if you’re just an investor, but if you are buying the house to live in long-term, 6 months to a year before the market lands is much better. You will no doubt lose equity in your home, but you’ll have a much better selection and have an easier time finding a GREAT home instead of settling for one that’s dirt cheap but just OK.
When the market really hits bottom, all that will be left is swill.
October 29, 2007 at 10:32 AM #92909JPJonesParticipant$109 per sq/foot? I’d say you hit it close enough to the mark to go with it. That region started its decline before everywhere else in SoCal, so it’ll bottom out much sooner. Buying at the bottom is peachy if you’re just an investor, but if you are buying the house to live in long-term, 6 months to a year before the market lands is much better. You will no doubt lose equity in your home, but you’ll have a much better selection and have an easier time finding a GREAT home instead of settling for one that’s dirt cheap but just OK.
When the market really hits bottom, all that will be left is swill.
October 29, 2007 at 10:43 AM #92872AnonymousGuest“When the market really hits bottom, all that will be left is swill.”
Well, not true if you want a brand new home, right? When the market hits bottom, the new home builders will come in with a new subdivision offering nice, new homes for bottom of market prices.
So, there will be new product available to choose from even if the used home inventory is scarce.
October 29, 2007 at 10:43 AM #92904AnonymousGuest“When the market really hits bottom, all that will be left is swill.”
Well, not true if you want a brand new home, right? When the market hits bottom, the new home builders will come in with a new subdivision offering nice, new homes for bottom of market prices.
So, there will be new product available to choose from even if the used home inventory is scarce.
-
AuthorPosts
- You must be logged in to reply to this topic.