When to buy and where?

[SD Realtor]

mixx your decision really depends on the area you are looking at. If you think that there is not room for depreciation in the more desireable areas passed the summer of 09, I would have to disagree with you. How much can they still decline is the tough question. How long can they still decline? Well look no farther then Japan for an example of a long painful ride down.

If you are thinking of buying in a more modest neighborhood that has already had major declines then you may be in the correct timeframe to at least soak up alot of the risk involved.

If you are considering out of state, of which is not a bad idea at all then look no further then the economy local to that region. A state like Texas has a very robust economy compared to most every other state. Some areas in the southeast are not bad either. I suppose it would strongly depend on the profession you are in.

[fredo4]

[quote=sdrealtor]The decline is already about 50% of the incline perhaps more. That isnt nothing.[/quote]

It’s only down 50% in the very worst areas. The nicer areas are only down ~15-25% and with all of the alt-a loans resetting next year, buying in the near future in those areas would be dumb.

[fredo4]

[quote=sdrealtor]The decline is already about 50% of the incline perhaps more. That isnt nothing.[/quote]

It’s only down 50% in the very worst areas. The nicer areas are only down ~15-25% and with all of the alt-a loans resetting next year, buying in the near future in those areas would be dumb.

[fredo4]

[quote=sdrealtor]The decline is already about 50% of the incline perhaps more. That isnt nothing.[/quote]

It’s only down 50% in the very worst areas. The nicer areas are only down ~15-25% and with all of the alt-a loans resetting next year, buying in the near future in those areas would be dumb.

[fredo4]

[quote=sdrealtor]The decline is already about 50% of the incline perhaps more. That isnt nothing.[/quote]

It’s only down 50% in the very worst areas. The nicer areas are only down ~15-25% and with all of the alt-a loans resetting next year, buying in the near future in those areas would be dumb.

[fredo4]

[quote=sdrealtor]The decline is already about 50% of the incline perhaps more. That isnt nothing.[/quote]

It’s only down 50% in the very worst areas. The nicer areas are only down ~15-25% and with all of the alt-a loans resetting next year, buying in the near future in those areas would be dumb.

[carlsbadworker]

I agree with sdr. What and where is more important than when. “Finding a house you actually like is much harder than most piggies think.” I have pulled trigger twice in the last month or so. One in late Oct (outbid by another offer) and one in late Nov (still waiting for the answer). That is despite visiting about 10 houses a month, reading MLS listing for 50 houses a month, I only find one house that I really like to live in for each month.

So what if I overpaid a little? With 20% down, I am still looking at 2x income or 50%-off what the original owner has paid (I am only looking in Temecula area due to family reason).

A deal for something that you don’t like is not a deal. Therefore, I don’t understand all the black Friday madness. Most of the stuff that are on sale are garbage anyway.

[carlsbadworker]

I agree with sdr. What and where is more important than when. “Finding a house you actually like is much harder than most piggies think.” I have pulled trigger twice in the last month or so. One in late Oct (outbid by another offer) and one in late Nov (still waiting for the answer). That is despite visiting about 10 houses a month, reading MLS listing for 50 houses a month, I only find one house that I really like to live in for each month.

So what if I overpaid a little? With 20% down, I am still looking at 2x income or 50%-off what the original owner has paid (I am only looking in Temecula area due to family reason).

A deal for something that you don’t like is not a deal. Therefore, I don’t understand all the black Friday madness. Most of the stuff that are on sale are garbage anyway.

[carlsbadworker]

I agree with sdr. What and where is more important than when. “Finding a house you actually like is much harder than most piggies think.” I have pulled trigger twice in the last month or so. One in late Oct (outbid by another offer) and one in late Nov (still waiting for the answer). That is despite visiting about 10 houses a month, reading MLS listing for 50 houses a month, I only find one house that I really like to live in for each month.

So what if I overpaid a little? With 20% down, I am still looking at 2x income or 50%-off what the original owner has paid (I am only looking in Temecula area due to family reason).

A deal for something that you don’t like is not a deal. Therefore, I don’t understand all the black Friday madness. Most of the stuff that are on sale are garbage anyway.

[carlsbadworker]

I agree with sdr. What and where is more important than when. “Finding a house you actually like is much harder than most piggies think.” I have pulled trigger twice in the last month or so. One in late Oct (outbid by another offer) and one in late Nov (still waiting for the answer). That is despite visiting about 10 houses a month, reading MLS listing for 50 houses a month, I only find one house that I really like to live in for each month.

So what if I overpaid a little? With 20% down, I am still looking at 2x income or 50%-off what the original owner has paid (I am only looking in Temecula area due to family reason).

A deal for something that you don’t like is not a deal. Therefore, I don’t understand all the black Friday madness. Most of the stuff that are on sale are garbage anyway.

[carlsbadworker]

I agree with sdr. What and where is more important than when. “Finding a house you actually like is much harder than most piggies think.” I have pulled trigger twice in the last month or so. One in late Oct (outbid by another offer) and one in late Nov (still waiting for the answer). That is despite visiting about 10 houses a month, reading MLS listing for 50 houses a month, I only find one house that I really like to live in for each month.

So what if I overpaid a little? With 20% down, I am still looking at 2x income or 50%-off what the original owner has paid (I am only looking in Temecula area due to family reason).

A deal for something that you don’t like is not a deal. Therefore, I don’t understand all the black Friday madness. Most of the stuff that are on sale are garbage anyway.

[j]

Don’t fall for the real estate agent trick that you will only find one house you like. There are sooo many foreclosures out there. All those people are priced out for the next 5 or so years. Just be patient, and remember all the advice from RE agents was very wrong the last 5 years.

[j]

Don’t fall for the real estate agent trick that you will only find one house you like. There are sooo many foreclosures out there. All those people are priced out for the next 5 or so years. Just be patient, and remember all the advice from RE agents was very wrong the last 5 years.

[j]

Don’t fall for the real estate agent trick that you will only find one house you like. There are sooo many foreclosures out there. All those people are priced out for the next 5 or so years. Just be patient, and remember all the advice from RE agents was very wrong the last 5 years.

[j]

Don’t fall for the real estate agent trick that you will only find one house you like. There are sooo many foreclosures out there. All those people are priced out for the next 5 or so years. Just be patient, and remember all the advice from RE agents was very wrong the last 5 years.

[Author]

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