Taking the plunge

[Scarlett]

Unless the OP is intimately familiar with the area, i.e. rented in the area for a couple years at least, he or she needs to get familiar with it, and that simply doesn’t happen overnight, it takes a few months – AT LEAST. It’s not a set number, true. They will know when they will become familiar enough.

Depends how much time they have on their hands too. With a young child, they may not have that much. And you need to take breaks, or weekends off for other things. And how intensive their search is.

I am still learning new things about PQ. And I’ve been looking actively in there total of more than 12 months – with breaks in between.

[sdrealtor]

What you fail to comprehend is that there is no such time as an absolute bottom. There is no magical time when every property can be purchased for the lowest price. Every transaction is different and dependent on many variables. As a buyer you make your own bottom by doing your due diligence. that takes time and without alot of luck does not come easy. Great deals were cut before early 2009, during and after. theya re still being negotiated out there as we speak. You have yet to give a single compelling point. Just broad claims and generalizations. Best of luck to you.

[sdrealtor]

What you fail to comprehend is that there is no such time as an absolute bottom. There is no magical time when every property can be purchased for the lowest price. Every transaction is different and dependent on many variables. As a buyer you make your own bottom by doing your due diligence. that takes time and without alot of luck does not come easy. Great deals were cut before early 2009, during and after. theya re still being negotiated out there as we speak. You have yet to give a single compelling point. Just broad claims and generalizations. Best of luck to you.

[sdrealtor]

What you fail to comprehend is that there is no such time as an absolute bottom. There is no magical time when every property can be purchased for the lowest price. Every transaction is different and dependent on many variables. As a buyer you make your own bottom by doing your due diligence. that takes time and without alot of luck does not come easy. Great deals were cut before early 2009, during and after. theya re still being negotiated out there as we speak. You have yet to give a single compelling point. Just broad claims and generalizations. Best of luck to you.

[sdrealtor]

What you fail to comprehend is that there is no such time as an absolute bottom. There is no magical time when every property can be purchased for the lowest price. Every transaction is different and dependent on many variables. As a buyer you make your own bottom by doing your due diligence. that takes time and without alot of luck does not come easy. Great deals were cut before early 2009, during and after. theya re still being negotiated out there as we speak. You have yet to give a single compelling point. Just broad claims and generalizations. Best of luck to you.

[sdrealtor]

What you fail to comprehend is that there is no such time as an absolute bottom. There is no magical time when every property can be purchased for the lowest price. Every transaction is different and dependent on many variables. As a buyer you make your own bottom by doing your due diligence. that takes time and without alot of luck does not come easy. Great deals were cut before early 2009, during and after. theya re still being negotiated out there as we speak. You have yet to give a single compelling point. Just broad claims and generalizations. Best of luck to you.

[scaredyclassic]

well, ok, but, there are better and worse environments for making your own bottom. I think there is also some luck involved. Some knowledge. I don’t know. i think you’re both right. The time matters, but it doesn’t matter if you don’t use it right, and you might do just as well at a different time that on its surface seems less advantageous, but you might not, and it’s difficult to say.

[scaredyclassic]

well, ok, but, there are better and worse environments for making your own bottom. I think there is also some luck involved. Some knowledge. I don’t know. i think you’re both right. The time matters, but it doesn’t matter if you don’t use it right, and you might do just as well at a different time that on its surface seems less advantageous, but you might not, and it’s difficult to say.

[scaredyclassic]

well, ok, but, there are better and worse environments for making your own bottom. I think there is also some luck involved. Some knowledge. I don’t know. i think you’re both right. The time matters, but it doesn’t matter if you don’t use it right, and you might do just as well at a different time that on its surface seems less advantageous, but you might not, and it’s difficult to say.

[scaredyclassic]

well, ok, but, there are better and worse environments for making your own bottom. I think there is also some luck involved. Some knowledge. I don’t know. i think you’re both right. The time matters, but it doesn’t matter if you don’t use it right, and you might do just as well at a different time that on its surface seems less advantageous, but you might not, and it’s difficult to say.

[scaredyclassic]

well, ok, but, there are better and worse environments for making your own bottom. I think there is also some luck involved. Some knowledge. I don’t know. i think you’re both right. The time matters, but it doesn’t matter if you don’t use it right, and you might do just as well at a different time that on its surface seems less advantageous, but you might not, and it’s difficult to say.

[bearishgurl]

I’m going to accept the “infomercial challenge” and say that I have in the past and could (now or in the future) cut a more than acceptable deal in any interest-rate environment, “seller’s market” or “buyer’s market.”

I could care less about trying to time the bottom of the market. This is akin to day trading or playing poker. Using myself as an example, if I’m in the market to buy, I want a “particular” kind of property in a very “particular” location that serves a “particular” need at the stage of my life at that time. I’ll just deal with whatever conditions are present at the time and make them work for me.

I DO think that once past Halloween, buyers aren’t really thinking any more about actively placing offers. The vast majority are now trying to “get thru the holidays.” Then in January, many don’t like the “stale selection.” So they continue to wait for more inventory to trickle into the market. By then (April-May), the market is well into the spring-summer “high selling season.” In addition, buyers with school-age kids don’t want to move them unless they are on a break from school that is at the same time as the break of the school they are transferring to (likely summer). So, like it or not, those buyers with school-age kids are neck-to-neck in competition for the same houses with hoardes of other parent-buyers (“herding mentality”).

If the vast majority of buyers in SD County with school-age kids only consider 3-6 zip codes in their home search, they will find themselves bidding against each other and bidding the properties up in price. It’s that simple and has nothing to do with the “true value or worth” of the property. When you get some free time, see:

provided courtesy of CA renter on:

http://piggington.com/shadow_inventory_finally_being_released?page=2

Historical properties, downtown condos or those in eclectic, gentrifying and/or well-established urban view areas are not nearly as “school-schedule sensitive” as to the best times to market them because they appeal to a very wide demographic, both domestic and foreign.

[bearishgurl]

I’m going to accept the “infomercial challenge” and say that I have in the past and could (now or in the future) cut a more than acceptable deal in any interest-rate environment, “seller’s market” or “buyer’s market.”

I could care less about trying to time the bottom of the market. This is akin to day trading or playing poker. Using myself as an example, if I’m in the market to buy, I want a “particular” kind of property in a very “particular” location that serves a “particular” need at the stage of my life at that time. I’ll just deal with whatever conditions are present at the time and make them work for me.

I DO think that once past Halloween, buyers aren’t really thinking any more about actively placing offers. The vast majority are now trying to “get thru the holidays.” Then in January, many don’t like the “stale selection.” So they continue to wait for more inventory to trickle into the market. By then (April-May), the market is well into the spring-summer “high selling season.” In addition, buyers with school-age kids don’t want to move them unless they are on a break from school that is at the same time as the break of the school they are transferring to (likely summer). So, like it or not, those buyers with school-age kids are neck-to-neck in competition for the same houses with hoardes of other parent-buyers (“herding mentality”).

If the vast majority of buyers in SD County with school-age kids only consider 3-6 zip codes in their home search, they will find themselves bidding against each other and bidding the properties up in price. It’s that simple and has nothing to do with the “true value or worth” of the property. When you get some free time, see:

provided courtesy of CA renter on:

http://piggington.com/shadow_inventory_finally_being_released?page=2

Historical properties, downtown condos or those in eclectic, gentrifying and/or well-established urban view areas are not nearly as “school-schedule sensitive” as to the best times to market them because they appeal to a very wide demographic, both domestic and foreign.

[bearishgurl]

I’m going to accept the “infomercial challenge” and say that I have in the past and could (now or in the future) cut a more than acceptable deal in any interest-rate environment, “seller’s market” or “buyer’s market.”

I could care less about trying to time the bottom of the market. This is akin to day trading or playing poker. Using myself as an example, if I’m in the market to buy, I want a “particular” kind of property in a very “particular” location that serves a “particular” need at the stage of my life at that time. I’ll just deal with whatever conditions are present at the time and make them work for me.

I DO think that once past Halloween, buyers aren’t really thinking any more about actively placing offers. The vast majority are now trying to “get thru the holidays.” Then in January, many don’t like the “stale selection.” So they continue to wait for more inventory to trickle into the market. By then (April-May), the market is well into the spring-summer “high selling season.” In addition, buyers with school-age kids don’t want to move them unless they are on a break from school that is at the same time as the break of the school they are transferring to (likely summer). So, like it or not, those buyers with school-age kids are neck-to-neck in competition for the same houses with hoardes of other parent-buyers (“herding mentality”).

If the vast majority of buyers in SD County with school-age kids only consider 3-6 zip codes in their home search, they will find themselves bidding against each other and bidding the properties up in price. It’s that simple and has nothing to do with the “true value or worth” of the property. When you get some free time, see:

provided courtesy of CA renter on:

http://piggington.com/shadow_inventory_finally_being_released?page=2

Historical properties, downtown condos or those in eclectic, gentrifying and/or well-established urban view areas are not nearly as “school-schedule sensitive” as to the best times to market them because they appeal to a very wide demographic, both domestic and foreign.

[bearishgurl]

I’m going to accept the “infomercial challenge” and say that I have in the past and could (now or in the future) cut a more than acceptable deal in any interest-rate environment, “seller’s market” or “buyer’s market.”

I could care less about trying to time the bottom of the market. This is akin to day trading or playing poker. Using myself as an example, if I’m in the market to buy, I want a “particular” kind of property in a very “particular” location that serves a “particular” need at the stage of my life at that time. I’ll just deal with whatever conditions are present at the time and make them work for me.

I DO think that once past Halloween, buyers aren’t really thinking any more about actively placing offers. The vast majority are now trying to “get thru the holidays.” Then in January, many don’t like the “stale selection.” So they continue to wait for more inventory to trickle into the market. By then (April-May), the market is well into the spring-summer “high selling season.” In addition, buyers with school-age kids don’t want to move them unless they are on a break from school that is at the same time as the break of the school they are transferring to (likely summer). So, like it or not, those buyers with school-age kids are neck-to-neck in competition for the same houses with hoardes of other parent-buyers (“herding mentality”).

If the vast majority of buyers in SD County with school-age kids only consider 3-6 zip codes in their home search, they will find themselves bidding against each other and bidding the properties up in price. It’s that simple and has nothing to do with the “true value or worth” of the property. When you get some free time, see:

provided courtesy of CA renter on:

http://piggington.com/shadow_inventory_finally_being_released?page=2

Historical properties, downtown condos or those in eclectic, gentrifying and/or well-established urban view areas are not nearly as “school-schedule sensitive” as to the best times to market them because they appeal to a very wide demographic, both domestic and foreign.

[Author]

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