Wanna be a Knife Catcher? Buy Now!

[(former)FormerSanDiegan]

[quote=desmond][quote=FormerSanDiegan]Right now, late Spring 2011 could be among the best times to buy (in many parts of San Diego) considering the combination of price, interest rates, and rental trends for something to hold long-term. The potential downside risk is conderably less than any other time in the past 15 years, in my opinion.[/quote]

“We see something close to stability at these much-reduced home prices in the medium to lower part of the housing market.”
— Warren Buffett, May 2, 2009, at the Berkshire Hathaway[/quote]

I am not sure if you agree with me, agree with Warren, agree with both, or agree with neither. Please elaborate.

[GoUSC]

General statements like this, while might have some validity don’t apply to every situation. Case in point, my wife and I bought a house (being sold under duress) a year and a half ago, completely remodeled it. At the time of the remodel, people in the construction industry were desperate for work so we paid significantly less for the remodel than in 2006 or even today. We are now sitting on a significant amount of equity based on comps within the past 3 months in our area and have a thirty year loan at 4.1%. Much lower than anything you will see in the foreseeable future. For us we wanted to find a place in a good school district for our future kids, and maybe even build some equity. Not to mention that tax benefit that we see….although we still are getting whacked by AMT.

There are opportunities in every market.

[GoUSC]

General statements like this, while might have some validity don’t apply to every situation. Case in point, my wife and I bought a house (being sold under duress) a year and a half ago, completely remodeled it. At the time of the remodel, people in the construction industry were desperate for work so we paid significantly less for the remodel than in 2006 or even today. We are now sitting on a significant amount of equity based on comps within the past 3 months in our area and have a thirty year loan at 4.1%. Much lower than anything you will see in the foreseeable future. For us we wanted to find a place in a good school district for our future kids, and maybe even build some equity. Not to mention that tax benefit that we see….although we still are getting whacked by AMT.

There are opportunities in every market.

[GoUSC]

General statements like this, while might have some validity don’t apply to every situation. Case in point, my wife and I bought a house (being sold under duress) a year and a half ago, completely remodeled it. At the time of the remodel, people in the construction industry were desperate for work so we paid significantly less for the remodel than in 2006 or even today. We are now sitting on a significant amount of equity based on comps within the past 3 months in our area and have a thirty year loan at 4.1%. Much lower than anything you will see in the foreseeable future. For us we wanted to find a place in a good school district for our future kids, and maybe even build some equity. Not to mention that tax benefit that we see….although we still are getting whacked by AMT.

There are opportunities in every market.

[GoUSC]

General statements like this, while might have some validity don’t apply to every situation. Case in point, my wife and I bought a house (being sold under duress) a year and a half ago, completely remodeled it. At the time of the remodel, people in the construction industry were desperate for work so we paid significantly less for the remodel than in 2006 or even today. We are now sitting on a significant amount of equity based on comps within the past 3 months in our area and have a thirty year loan at 4.1%. Much lower than anything you will see in the foreseeable future. For us we wanted to find a place in a good school district for our future kids, and maybe even build some equity. Not to mention that tax benefit that we see….although we still are getting whacked by AMT.

There are opportunities in every market.

[GoUSC]

General statements like this, while might have some validity don’t apply to every situation. Case in point, my wife and I bought a house (being sold under duress) a year and a half ago, completely remodeled it. At the time of the remodel, people in the construction industry were desperate for work so we paid significantly less for the remodel than in 2006 or even today. We are now sitting on a significant amount of equity based on comps within the past 3 months in our area and have a thirty year loan at 4.1%. Much lower than anything you will see in the foreseeable future. For us we wanted to find a place in a good school district for our future kids, and maybe even build some equity. Not to mention that tax benefit that we see….although we still are getting whacked by AMT.

There are opportunities in every market.

[masayako]

I agree that the originator should delay looking for houses until late 2012.

In the meantime, I will hunt for good deals. I believe real estate is a very ‘local’ thing. One can not merely look at it from a nation-wide statistical point of view.

[masayako]

I agree that the originator should delay looking for houses until late 2012.

In the meantime, I will hunt for good deals. I believe real estate is a very ‘local’ thing. One can not merely look at it from a nation-wide statistical point of view.

[masayako]

I agree that the originator should delay looking for houses until late 2012.

In the meantime, I will hunt for good deals. I believe real estate is a very ‘local’ thing. One can not merely look at it from a nation-wide statistical point of view.

[masayako]

I agree that the originator should delay looking for houses until late 2012.

In the meantime, I will hunt for good deals. I believe real estate is a very ‘local’ thing. One can not merely look at it from a nation-wide statistical point of view.

[masayako]

I agree that the originator should delay looking for houses until late 2012.

In the meantime, I will hunt for good deals. I believe real estate is a very ‘local’ thing. One can not merely look at it from a nation-wide statistical point of view.

[utcsox]

What’s the effect of potential decline in conforming limit from $697,500 to $546,250 in San Diego Market?

[utcsox]

What’s the effect of potential decline in conforming limit from $697,500 to $546,250 in San Diego Market?

[utcsox]

What’s the effect of potential decline in conforming limit from $697,500 to $546,250 in San Diego Market?

[utcsox]

What’s the effect of potential decline in conforming limit from $697,500 to $546,250 in San Diego Market?

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