When will be a good time to buy in san diego?

[jpinpb]

So if you had a chance to buy something along the coast at 2001 prices, thereabouts, would you do it or do you think coastal will go lower than 2000 prices before this whole mess started? I’m getting mixed info on it’ll take a while for coast to go down. But if and when it does, what’s the possibility of it going lower than 2001 prices? Does anyone think getting a place along the coast for 2001 prices is safe to not fall too far below that?

[Anonymous]

Can you describe the property a bit… I think location, specifics about it, etc. will be relevant to that question.

[Anonymous]

Can you describe the property a bit… I think location, specifics about it, etc. will be relevant to that question.

[Anonymous]

Can you describe the property a bit… I think location, specifics about it, etc. will be relevant to that question.

[Anonymous]

Can you describe the property a bit… I think location, specifics about it, etc. will be relevant to that question.

[Anonymous]

Can you describe the property a bit… I think location, specifics about it, etc. will be relevant to that question.

[jpinpb]

Just hypothetical. If you had a chance to buy a place in LJ or PB for prices that were at about 2001, would you do it, hesitate at all.

Say this summer you saw something for 2001 price. Would it scare you that you could actually get something so soon for 2001 price and in the back of your head would you think that if you found something at 2001 price, which still in LJ/PB won’t be all that cheap, relatively speaking, would you be concerned at all that this early in the game something comes along at 2001 prices.

Would you think that prices could go lower than 2001 prices? And what if it fell another 10% or 20%, I mean that’s a chunk of change. We’re not talking Temecula or Chula Vista. Everything is relative, but 10% in Temecula versus 10% in LJ is a lot of rice.

[jpinpb]

Just hypothetical. If you had a chance to buy a place in LJ or PB for prices that were at about 2001, would you do it, hesitate at all.

Say this summer you saw something for 2001 price. Would it scare you that you could actually get something so soon for 2001 price and in the back of your head would you think that if you found something at 2001 price, which still in LJ/PB won’t be all that cheap, relatively speaking, would you be concerned at all that this early in the game something comes along at 2001 prices.

Would you think that prices could go lower than 2001 prices? And what if it fell another 10% or 20%, I mean that’s a chunk of change. We’re not talking Temecula or Chula Vista. Everything is relative, but 10% in Temecula versus 10% in LJ is a lot of rice.

[jpinpb]

Just hypothetical. If you had a chance to buy a place in LJ or PB for prices that were at about 2001, would you do it, hesitate at all.

Say this summer you saw something for 2001 price. Would it scare you that you could actually get something so soon for 2001 price and in the back of your head would you think that if you found something at 2001 price, which still in LJ/PB won’t be all that cheap, relatively speaking, would you be concerned at all that this early in the game something comes along at 2001 prices.

Would you think that prices could go lower than 2001 prices? And what if it fell another 10% or 20%, I mean that’s a chunk of change. We’re not talking Temecula or Chula Vista. Everything is relative, but 10% in Temecula versus 10% in LJ is a lot of rice.

[jpinpb]

Just hypothetical. If you had a chance to buy a place in LJ or PB for prices that were at about 2001, would you do it, hesitate at all.

Say this summer you saw something for 2001 price. Would it scare you that you could actually get something so soon for 2001 price and in the back of your head would you think that if you found something at 2001 price, which still in LJ/PB won’t be all that cheap, relatively speaking, would you be concerned at all that this early in the game something comes along at 2001 prices.

Would you think that prices could go lower than 2001 prices? And what if it fell another 10% or 20%, I mean that’s a chunk of change. We’re not talking Temecula or Chula Vista. Everything is relative, but 10% in Temecula versus 10% in LJ is a lot of rice.

[jpinpb]

Just hypothetical. If you had a chance to buy a place in LJ or PB for prices that were at about 2001, would you do it, hesitate at all.

Say this summer you saw something for 2001 price. Would it scare you that you could actually get something so soon for 2001 price and in the back of your head would you think that if you found something at 2001 price, which still in LJ/PB won’t be all that cheap, relatively speaking, would you be concerned at all that this early in the game something comes along at 2001 prices.

Would you think that prices could go lower than 2001 prices? And what if it fell another 10% or 20%, I mean that’s a chunk of change. We’re not talking Temecula or Chula Vista. Everything is relative, but 10% in Temecula versus 10% in LJ is a lot of rice.

[Navydoc]

This is all so simple for me. I buy when I can get a place for the same monthly payment as rent with 20% down, and I KNOW I can stay there long term. That’s a very comfortable position to be in. Yes, I might lose a little money in the short term (5 years or so) if there’s still some air left in the bubble, but eventually it will catch up. And no way do I buy with any kind of silly financing. A 30 year fixed will eventually make sense even in crappy markets, as rent WILL eventually rise to point where it is higher than my mortgage. I know we’re all bears on this site, but remember, real estate does still provide a hedge against inflation. If the real inflation numbers are considered, not the laughable crap that’s currently reported, I’m losing money on my savings. Probably equvalent to a nominal loss from depreciation on a home once the “big hit” has been taken.

If I could have achieved this when I moved her to LA I would be an owner now. Problem was renting penciled out to be roughly 1/2 what it was to buy. Coupled with the need to unload the place after three years of fellowship (I will never, I repeat NEVER be a landlord again), buying in 06 would have been financial suicide.

I will be looking hard next spring if, Navy willing, I get to return to SD. But if the mortgage to rent ratio is still as nuts as it is now, I’ll be looking for a $3000/month rental. I think we are still in the very early stages of the “big hit”.

[Navydoc]

This is all so simple for me. I buy when I can get a place for the same monthly payment as rent with 20% down, and I KNOW I can stay there long term. That’s a very comfortable position to be in. Yes, I might lose a little money in the short term (5 years or so) if there’s still some air left in the bubble, but eventually it will catch up. And no way do I buy with any kind of silly financing. A 30 year fixed will eventually make sense even in crappy markets, as rent WILL eventually rise to point where it is higher than my mortgage. I know we’re all bears on this site, but remember, real estate does still provide a hedge against inflation. If the real inflation numbers are considered, not the laughable crap that’s currently reported, I’m losing money on my savings. Probably equvalent to a nominal loss from depreciation on a home once the “big hit” has been taken.

If I could have achieved this when I moved her to LA I would be an owner now. Problem was renting penciled out to be roughly 1/2 what it was to buy. Coupled with the need to unload the place after three years of fellowship (I will never, I repeat NEVER be a landlord again), buying in 06 would have been financial suicide.

I will be looking hard next spring if, Navy willing, I get to return to SD. But if the mortgage to rent ratio is still as nuts as it is now, I’ll be looking for a $3000/month rental. I think we are still in the very early stages of the “big hit”.

[Navydoc]

This is all so simple for me. I buy when I can get a place for the same monthly payment as rent with 20% down, and I KNOW I can stay there long term. That’s a very comfortable position to be in. Yes, I might lose a little money in the short term (5 years or so) if there’s still some air left in the bubble, but eventually it will catch up. And no way do I buy with any kind of silly financing. A 30 year fixed will eventually make sense even in crappy markets, as rent WILL eventually rise to point where it is higher than my mortgage. I know we’re all bears on this site, but remember, real estate does still provide a hedge against inflation. If the real inflation numbers are considered, not the laughable crap that’s currently reported, I’m losing money on my savings. Probably equvalent to a nominal loss from depreciation on a home once the “big hit” has been taken.

If I could have achieved this when I moved her to LA I would be an owner now. Problem was renting penciled out to be roughly 1/2 what it was to buy. Coupled with the need to unload the place after three years of fellowship (I will never, I repeat NEVER be a landlord again), buying in 06 would have been financial suicide.

I will be looking hard next spring if, Navy willing, I get to return to SD. But if the mortgage to rent ratio is still as nuts as it is now, I’ll be looking for a $3000/month rental. I think we are still in the very early stages of the “big hit”.

[Navydoc]

This is all so simple for me. I buy when I can get a place for the same monthly payment as rent with 20% down, and I KNOW I can stay there long term. That’s a very comfortable position to be in. Yes, I might lose a little money in the short term (5 years or so) if there’s still some air left in the bubble, but eventually it will catch up. And no way do I buy with any kind of silly financing. A 30 year fixed will eventually make sense even in crappy markets, as rent WILL eventually rise to point where it is higher than my mortgage. I know we’re all bears on this site, but remember, real estate does still provide a hedge against inflation. If the real inflation numbers are considered, not the laughable crap that’s currently reported, I’m losing money on my savings. Probably equvalent to a nominal loss from depreciation on a home once the “big hit” has been taken.

If I could have achieved this when I moved her to LA I would be an owner now. Problem was renting penciled out to be roughly 1/2 what it was to buy. Coupled with the need to unload the place after three years of fellowship (I will never, I repeat NEVER be a landlord again), buying in 06 would have been financial suicide.

I will be looking hard next spring if, Navy willing, I get to return to SD. But if the mortgage to rent ratio is still as nuts as it is now, I’ll be looking for a $3000/month rental. I think we are still in the very early stages of the “big hit”.

[Author]

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