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

[NotCranky]

How does that go?

hehehehehe!

[jpinpb]

Rus – Thanks. Trying to make an educated decision isn’t easy. The more information I get, the more worried I become. I made it through the last real estate recession, was able to make it unscathed, but pulled out way before the peak. Just happy to have not lost my shirt.

It was very stressful and I would want to go through that again. I like my beauty sleep. I’m sure I’m being overly cautious now. But the subprime mess and crazy loans was glaringly bad news and a very bitter halucinogenic pill that I wanted no part of. I always just say that I’m surprised it lasted as long as it did.

Now that the house of cards is folding, I am keeping my eye out for something that makes sense. But I am guilty of overthinking and it gives me heart palipitations sometimes.

[jpinpb]

Rus – Thanks. Trying to make an educated decision isn’t easy. The more information I get, the more worried I become. I made it through the last real estate recession, was able to make it unscathed, but pulled out way before the peak. Just happy to have not lost my shirt.

It was very stressful and I would want to go through that again. I like my beauty sleep. I’m sure I’m being overly cautious now. But the subprime mess and crazy loans was glaringly bad news and a very bitter halucinogenic pill that I wanted no part of. I always just say that I’m surprised it lasted as long as it did.

Now that the house of cards is folding, I am keeping my eye out for something that makes sense. But I am guilty of overthinking and it gives me heart palipitations sometimes.

[jpinpb]

Rus – Thanks. Trying to make an educated decision isn’t easy. The more information I get, the more worried I become. I made it through the last real estate recession, was able to make it unscathed, but pulled out way before the peak. Just happy to have not lost my shirt.

It was very stressful and I would want to go through that again. I like my beauty sleep. I’m sure I’m being overly cautious now. But the subprime mess and crazy loans was glaringly bad news and a very bitter halucinogenic pill that I wanted no part of. I always just say that I’m surprised it lasted as long as it did.

Now that the house of cards is folding, I am keeping my eye out for something that makes sense. But I am guilty of overthinking and it gives me heart palipitations sometimes.

[jpinpb]

Rus – Thanks. Trying to make an educated decision isn’t easy. The more information I get, the more worried I become. I made it through the last real estate recession, was able to make it unscathed, but pulled out way before the peak. Just happy to have not lost my shirt.

It was very stressful and I would want to go through that again. I like my beauty sleep. I’m sure I’m being overly cautious now. But the subprime mess and crazy loans was glaringly bad news and a very bitter halucinogenic pill that I wanted no part of. I always just say that I’m surprised it lasted as long as it did.

Now that the house of cards is folding, I am keeping my eye out for something that makes sense. But I am guilty of overthinking and it gives me heart palipitations sometimes.

[jpinpb]

Rus – Thanks. Trying to make an educated decision isn’t easy. The more information I get, the more worried I become. I made it through the last real estate recession, was able to make it unscathed, but pulled out way before the peak. Just happy to have not lost my shirt.

It was very stressful and I would want to go through that again. I like my beauty sleep. I’m sure I’m being overly cautious now. But the subprime mess and crazy loans was glaringly bad news and a very bitter halucinogenic pill that I wanted no part of. I always just say that I’m surprised it lasted as long as it did.

Now that the house of cards is folding, I am keeping my eye out for something that makes sense. But I am guilty of overthinking and it gives me heart palipitations sometimes.

[Anonymous]

jp, I tend to overthink things as well to. With regards to your situation, just keep watching market indicators and when it makes sense for you to buy a house, then buy. If you think that prices will go lower and you won’t be able to handle that, then wait a bit longer until signs indicate the market is stabilizing.

I, along with a lot of others on here don’t think we’re there yet. Are you in some kind of rush? If not, why not sit tight a bit? Like for at least a year. IMO, in this point in time, prices can only go down and that’s not something that’s going to turn around quickly.

[Anonymous]

jp, I tend to overthink things as well to. With regards to your situation, just keep watching market indicators and when it makes sense for you to buy a house, then buy. If you think that prices will go lower and you won’t be able to handle that, then wait a bit longer until signs indicate the market is stabilizing.

I, along with a lot of others on here don’t think we’re there yet. Are you in some kind of rush? If not, why not sit tight a bit? Like for at least a year. IMO, in this point in time, prices can only go down and that’s not something that’s going to turn around quickly.

[Anonymous]

jp, I tend to overthink things as well to. With regards to your situation, just keep watching market indicators and when it makes sense for you to buy a house, then buy. If you think that prices will go lower and you won’t be able to handle that, then wait a bit longer until signs indicate the market is stabilizing.

I, along with a lot of others on here don’t think we’re there yet. Are you in some kind of rush? If not, why not sit tight a bit? Like for at least a year. IMO, in this point in time, prices can only go down and that’s not something that’s going to turn around quickly.

[Anonymous]

jp, I tend to overthink things as well to. With regards to your situation, just keep watching market indicators and when it makes sense for you to buy a house, then buy. If you think that prices will go lower and you won’t be able to handle that, then wait a bit longer until signs indicate the market is stabilizing.

I, along with a lot of others on here don’t think we’re there yet. Are you in some kind of rush? If not, why not sit tight a bit? Like for at least a year. IMO, in this point in time, prices can only go down and that’s not something that’s going to turn around quickly.

[Anonymous]

jp, I tend to overthink things as well to. With regards to your situation, just keep watching market indicators and when it makes sense for you to buy a house, then buy. If you think that prices will go lower and you won’t be able to handle that, then wait a bit longer until signs indicate the market is stabilizing.

I, along with a lot of others on here don’t think we’re there yet. Are you in some kind of rush? If not, why not sit tight a bit? Like for at least a year. IMO, in this point in time, prices can only go down and that’s not something that’s going to turn around quickly.

[NotCranky]

You are right these decisions are tough and I am not making light of that. Definitely go at your own pace.You have a lot of tools. If you have owned in SOCAL before and lived through a real estate cycle you have a lot of real life experience. Make sure one way or another that the numbers make sense in the current time and that you have a plan b. At the prices you are talking about, like the 2001 price a plan b should be easy to implement. Should you need it and if you drive hard bargain and don’t stretch too much you probably never will.

Please don’t feel like I am underestimating you but be careful with the rehab stuff. I suggest adding 50% to what you think it is going to cost and that you know where that is going to come from and if you are still comfortable, with the carrying costs,if you need it. Hopefully you won’t but going over budget, be it because of delays or scope growth, happens all the time.

[NotCranky]

You are right these decisions are tough and I am not making light of that. Definitely go at your own pace.You have a lot of tools. If you have owned in SOCAL before and lived through a real estate cycle you have a lot of real life experience. Make sure one way or another that the numbers make sense in the current time and that you have a plan b. At the prices you are talking about, like the 2001 price a plan b should be easy to implement. Should you need it and if you drive hard bargain and don’t stretch too much you probably never will.

Please don’t feel like I am underestimating you but be careful with the rehab stuff. I suggest adding 50% to what you think it is going to cost and that you know where that is going to come from and if you are still comfortable, with the carrying costs,if you need it. Hopefully you won’t but going over budget, be it because of delays or scope growth, happens all the time.

[NotCranky]

You are right these decisions are tough and I am not making light of that. Definitely go at your own pace.You have a lot of tools. If you have owned in SOCAL before and lived through a real estate cycle you have a lot of real life experience. Make sure one way or another that the numbers make sense in the current time and that you have a plan b. At the prices you are talking about, like the 2001 price a plan b should be easy to implement. Should you need it and if you drive hard bargain and don’t stretch too much you probably never will.

Please don’t feel like I am underestimating you but be careful with the rehab stuff. I suggest adding 50% to what you think it is going to cost and that you know where that is going to come from and if you are still comfortable, with the carrying costs,if you need it. Hopefully you won’t but going over budget, be it because of delays or scope growth, happens all the time.

[NotCranky]

You are right these decisions are tough and I am not making light of that. Definitely go at your own pace.You have a lot of tools. If you have owned in SOCAL before and lived through a real estate cycle you have a lot of real life experience. Make sure one way or another that the numbers make sense in the current time and that you have a plan b. At the prices you are talking about, like the 2001 price a plan b should be easy to implement. Should you need it and if you drive hard bargain and don’t stretch too much you probably never will.

Please don’t feel like I am underestimating you but be careful with the rehab stuff. I suggest adding 50% to what you think it is going to cost and that you know where that is going to come from and if you are still comfortable, with the carrying costs,if you need it. Hopefully you won’t but going over budget, be it because of delays or scope growth, happens all the time.

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