to sell or not to sell

[CA renter]

[quote=mp7444][edit]
I removed my story as I don’t think it’s related anymore.

But my opinion for the economy in Spring, I’d say the house price has not gone up in the past few months. On the contrary, I may be wrong but I think the trend is going down…[/quote]

Yes, this feels like one of the slowest “spring selling seasons” we’ve seen in a long, long time.

[pemeliza]

I agree that the spring selling season is a bit slow so far. But I have noticed that the high-end 1M+ sales in 92103 have picked up. Perhaps the jumbo financing is finally recovering a bit. Of course, the prices have gotten more realistic over the years at the high-end but still it does seem that that part of the market is picking itself up off the floor. We will see how long it lasts.

[pemeliza]

I agree that the spring selling season is a bit slow so far. But I have noticed that the high-end 1M+ sales in 92103 have picked up. Perhaps the jumbo financing is finally recovering a bit. Of course, the prices have gotten more realistic over the years at the high-end but still it does seem that that part of the market is picking itself up off the floor. We will see how long it lasts.

[pemeliza]

I agree that the spring selling season is a bit slow so far. But I have noticed that the high-end 1M+ sales in 92103 have picked up. Perhaps the jumbo financing is finally recovering a bit. Of course, the prices have gotten more realistic over the years at the high-end but still it does seem that that part of the market is picking itself up off the floor. We will see how long it lasts.

[pemeliza]

I agree that the spring selling season is a bit slow so far. But I have noticed that the high-end 1M+ sales in 92103 have picked up. Perhaps the jumbo financing is finally recovering a bit. Of course, the prices have gotten more realistic over the years at the high-end but still it does seem that that part of the market is picking itself up off the floor. We will see how long it lasts.

[pemeliza]

I agree that the spring selling season is a bit slow so far. But I have noticed that the high-end 1M+ sales in 92103 have picked up. Perhaps the jumbo financing is finally recovering a bit. Of course, the prices have gotten more realistic over the years at the high-end but still it does seem that that part of the market is picking itself up off the floor. We will see how long it lasts.

[ljinvestor]

wanttobuy-

What neighborhood or development are you in. Was it new construction back in 2007

Have you been approved for the HELOC yet. Did you make large DP back in 2007 so that you qualify for IO refi. Sometimes the 7yr IO rate isn’t much higher than the 5yr IO.

[ljinvestor]

wanttobuy-

What neighborhood or development are you in. Was it new construction back in 2007

Have you been approved for the HELOC yet. Did you make large DP back in 2007 so that you qualify for IO refi. Sometimes the 7yr IO rate isn’t much higher than the 5yr IO.

[ljinvestor]

wanttobuy-

What neighborhood or development are you in. Was it new construction back in 2007

Have you been approved for the HELOC yet. Did you make large DP back in 2007 so that you qualify for IO refi. Sometimes the 7yr IO rate isn’t much higher than the 5yr IO.

[ljinvestor]

wanttobuy-

What neighborhood or development are you in. Was it new construction back in 2007

Have you been approved for the HELOC yet. Did you make large DP back in 2007 so that you qualify for IO refi. Sometimes the 7yr IO rate isn’t much higher than the 5yr IO.

[ljinvestor]

wanttobuy-

What neighborhood or development are you in. Was it new construction back in 2007

Have you been approved for the HELOC yet. Did you make large DP back in 2007 so that you qualify for IO refi. Sometimes the 7yr IO rate isn’t much higher than the 5yr IO.

[Coronita]

[quote=wanttobuy]Hi all, thanks for all the comments. Now we are in Spring with a supposedly improved economy. Any new thoughts/advice to our situation?[/quote]

Imho, the only question that is relevant to you is….Has your personal economic/financial situation changed so that you can afford two places now? Because if the answer is no, than imho, it’s irrelevant what the rest of the economy is doing….

With due respect, saying you need an IO loan or an ARM means to me you really can’t afford both houses.

[Coronita]

[quote=wanttobuy]Hi all, thanks for all the comments. Now we are in Spring with a supposedly improved economy. Any new thoughts/advice to our situation?[/quote]

Imho, the only question that is relevant to you is….Has your personal economic/financial situation changed so that you can afford two places now? Because if the answer is no, than imho, it’s irrelevant what the rest of the economy is doing….

With due respect, saying you need an IO loan or an ARM means to me you really can’t afford both houses.

[Coronita]

[quote=wanttobuy]Hi all, thanks for all the comments. Now we are in Spring with a supposedly improved economy. Any new thoughts/advice to our situation?[/quote]

Imho, the only question that is relevant to you is….Has your personal economic/financial situation changed so that you can afford two places now? Because if the answer is no, than imho, it’s irrelevant what the rest of the economy is doing….

With due respect, saying you need an IO loan or an ARM means to me you really can’t afford both houses.

[Coronita]

[quote=wanttobuy]Hi all, thanks for all the comments. Now we are in Spring with a supposedly improved economy. Any new thoughts/advice to our situation?[/quote]

Imho, the only question that is relevant to you is….Has your personal economic/financial situation changed so that you can afford two places now? Because if the answer is no, than imho, it’s irrelevant what the rest of the economy is doing….

With due respect, saying you need an IO loan or an ARM means to me you really can’t afford both houses.

[Author]

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