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no_such_reality.
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December 17, 2007 at 11:11 AM #119330December 17, 2007 at 11:31 AM #119136
NotCranky
ParticipantRaptor
Selling without owning another home would be very uncomfortable to our family. We did it in 2005 and often think of doing it again because we have built a relatively large sum in sweat equity. If my lot were not splittable, allowing me to protect at least some of the gains I might lose by staying here, we would be gone. I am not saying everyone should look at a windfall or asset protection in their personal residence this way, just saying I know it is a tough decision from having hashed it out a couple of times.Good luck.
December 17, 2007 at 11:31 AM #119269NotCranky
ParticipantRaptor
Selling without owning another home would be very uncomfortable to our family. We did it in 2005 and often think of doing it again because we have built a relatively large sum in sweat equity. If my lot were not splittable, allowing me to protect at least some of the gains I might lose by staying here, we would be gone. I am not saying everyone should look at a windfall or asset protection in their personal residence this way, just saying I know it is a tough decision from having hashed it out a couple of times.Good luck.
December 17, 2007 at 11:31 AM #119302NotCranky
ParticipantRaptor
Selling without owning another home would be very uncomfortable to our family. We did it in 2005 and often think of doing it again because we have built a relatively large sum in sweat equity. If my lot were not splittable, allowing me to protect at least some of the gains I might lose by staying here, we would be gone. I am not saying everyone should look at a windfall or asset protection in their personal residence this way, just saying I know it is a tough decision from having hashed it out a couple of times.Good luck.
December 17, 2007 at 11:31 AM #119344NotCranky
ParticipantRaptor
Selling without owning another home would be very uncomfortable to our family. We did it in 2005 and often think of doing it again because we have built a relatively large sum in sweat equity. If my lot were not splittable, allowing me to protect at least some of the gains I might lose by staying here, we would be gone. I am not saying everyone should look at a windfall or asset protection in their personal residence this way, just saying I know it is a tough decision from having hashed it out a couple of times.Good luck.
December 17, 2007 at 11:31 AM #119365NotCranky
ParticipantRaptor
Selling without owning another home would be very uncomfortable to our family. We did it in 2005 and often think of doing it again because we have built a relatively large sum in sweat equity. If my lot were not splittable, allowing me to protect at least some of the gains I might lose by staying here, we would be gone. I am not saying everyone should look at a windfall or asset protection in their personal residence this way, just saying I know it is a tough decision from having hashed it out a couple of times.Good luck.
December 17, 2007 at 1:33 PM #119166asragov
ParticipantWhile I am in no way a bull on home prices, I thought that this latest housing valuation report from National City Bancorp was interesting.
They show San Diego as being overvalued by only about 8% – other areas of California much more so. There are obviously big issues with median price, variation within an area, etc. etc., but it is interesting since it has so much history and so many cities.
Raptorduck, you could probably find data to justify nearly anything. In any case:
http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp
December 17, 2007 at 1:33 PM #119300asragov
ParticipantWhile I am in no way a bull on home prices, I thought that this latest housing valuation report from National City Bancorp was interesting.
They show San Diego as being overvalued by only about 8% – other areas of California much more so. There are obviously big issues with median price, variation within an area, etc. etc., but it is interesting since it has so much history and so many cities.
Raptorduck, you could probably find data to justify nearly anything. In any case:
http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp
December 17, 2007 at 1:33 PM #119332asragov
ParticipantWhile I am in no way a bull on home prices, I thought that this latest housing valuation report from National City Bancorp was interesting.
They show San Diego as being overvalued by only about 8% – other areas of California much more so. There are obviously big issues with median price, variation within an area, etc. etc., but it is interesting since it has so much history and so many cities.
Raptorduck, you could probably find data to justify nearly anything. In any case:
http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp
December 17, 2007 at 1:33 PM #119374asragov
ParticipantWhile I am in no way a bull on home prices, I thought that this latest housing valuation report from National City Bancorp was interesting.
They show San Diego as being overvalued by only about 8% – other areas of California much more so. There are obviously big issues with median price, variation within an area, etc. etc., but it is interesting since it has so much history and so many cities.
Raptorduck, you could probably find data to justify nearly anything. In any case:
http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp
December 17, 2007 at 1:33 PM #119396asragov
ParticipantWhile I am in no way a bull on home prices, I thought that this latest housing valuation report from National City Bancorp was interesting.
They show San Diego as being overvalued by only about 8% – other areas of California much more so. There are obviously big issues with median price, variation within an area, etc. etc., but it is interesting since it has so much history and so many cities.
Raptorduck, you could probably find data to justify nearly anything. In any case:
http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp
December 17, 2007 at 9:00 PM #119386patientrenter
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
December 17, 2007 at 9:00 PM #119519patientrenter
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
December 17, 2007 at 9:00 PM #119551patientrenter
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
December 17, 2007 at 9:00 PM #119595patientrenter
Participantraptorduck, most people here can afford less than 1/10 of what you can afford. At current SD prices, what they can buy isn’t so very nice. And that’s the problem…. prices are lower than last year, but decent places are still unaffordable for all but a very few.
Having said that, obviously some people are mistaking hope for knowledge when they assert that prices will drop by more than 50%, and it’s all in the bag, and God himself came by and told them. It may come to pass, but I haven’t seen anyone lay out the proof yet.
Patient renter in OC
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