- This topic has 485 replies, 39 voices, and was last updated 16 years, 11 months ago by SD Realtor.
-
AuthorPosts
-
December 1, 2007 at 11:15 AM #106470December 1, 2007 at 11:51 AM #106331NotCrankyParticipant
O.K. san diego I would say the 90’s were pretty good to you.Actually YOU did a good job there.YOU are Responsible for that. I wouldn’t agree that RE is underrated from that experience. If you had stayed there you were also on easy street or if you had done a lateral trade and looked hard for value at the time you moved you would have been in relatively good shape.
It sounds like you are determined to leave.Look at what you are doing to your neighbors who are good guys like you and paid big down payments and had good guy type loans. Make sure you think about how unfair it is for you to live there for free when your neighbors are overpaying, If you take that choice. Are the kitchen cabinets nice? I might buy them from you.I know you didn’t say you were going to do those things I am just responding to some strange morality running through this thread in places. Even this “walk clause” is wierd to me. If it is there fine,I know you have hte right to walk, but that is just a scandalous as the things you don’t like about this stupid bubble imho.
December 1, 2007 at 11:51 AM #106428NotCrankyParticipantO.K. san diego I would say the 90’s were pretty good to you.Actually YOU did a good job there.YOU are Responsible for that. I wouldn’t agree that RE is underrated from that experience. If you had stayed there you were also on easy street or if you had done a lateral trade and looked hard for value at the time you moved you would have been in relatively good shape.
It sounds like you are determined to leave.Look at what you are doing to your neighbors who are good guys like you and paid big down payments and had good guy type loans. Make sure you think about how unfair it is for you to live there for free when your neighbors are overpaying, If you take that choice. Are the kitchen cabinets nice? I might buy them from you.I know you didn’t say you were going to do those things I am just responding to some strange morality running through this thread in places. Even this “walk clause” is wierd to me. If it is there fine,I know you have hte right to walk, but that is just a scandalous as the things you don’t like about this stupid bubble imho.
December 1, 2007 at 11:51 AM #106459NotCrankyParticipantO.K. san diego I would say the 90’s were pretty good to you.Actually YOU did a good job there.YOU are Responsible for that. I wouldn’t agree that RE is underrated from that experience. If you had stayed there you were also on easy street or if you had done a lateral trade and looked hard for value at the time you moved you would have been in relatively good shape.
It sounds like you are determined to leave.Look at what you are doing to your neighbors who are good guys like you and paid big down payments and had good guy type loans. Make sure you think about how unfair it is for you to live there for free when your neighbors are overpaying, If you take that choice. Are the kitchen cabinets nice? I might buy them from you.I know you didn’t say you were going to do those things I am just responding to some strange morality running through this thread in places. Even this “walk clause” is wierd to me. If it is there fine,I know you have hte right to walk, but that is just a scandalous as the things you don’t like about this stupid bubble imho.
December 1, 2007 at 11:51 AM #106467NotCrankyParticipantO.K. san diego I would say the 90’s were pretty good to you.Actually YOU did a good job there.YOU are Responsible for that. I wouldn’t agree that RE is underrated from that experience. If you had stayed there you were also on easy street or if you had done a lateral trade and looked hard for value at the time you moved you would have been in relatively good shape.
It sounds like you are determined to leave.Look at what you are doing to your neighbors who are good guys like you and paid big down payments and had good guy type loans. Make sure you think about how unfair it is for you to live there for free when your neighbors are overpaying, If you take that choice. Are the kitchen cabinets nice? I might buy them from you.I know you didn’t say you were going to do those things I am just responding to some strange morality running through this thread in places. Even this “walk clause” is wierd to me. If it is there fine,I know you have hte right to walk, but that is just a scandalous as the things you don’t like about this stupid bubble imho.
December 1, 2007 at 11:51 AM #106486NotCrankyParticipantO.K. san diego I would say the 90’s were pretty good to you.Actually YOU did a good job there.YOU are Responsible for that. I wouldn’t agree that RE is underrated from that experience. If you had stayed there you were also on easy street or if you had done a lateral trade and looked hard for value at the time you moved you would have been in relatively good shape.
It sounds like you are determined to leave.Look at what you are doing to your neighbors who are good guys like you and paid big down payments and had good guy type loans. Make sure you think about how unfair it is for you to live there for free when your neighbors are overpaying, If you take that choice. Are the kitchen cabinets nice? I might buy them from you.I know you didn’t say you were going to do those things I am just responding to some strange morality running through this thread in places. Even this “walk clause” is wierd to me. If it is there fine,I know you have hte right to walk, but that is just a scandalous as the things you don’t like about this stupid bubble imho.
December 1, 2007 at 1:47 PM #106421AnonymousGuest“Marion: Short of a real catastrophe there is no reason RE prices would go back to the low point of trough of the last cycle. Not saying it isn’t coming or that it is, but claiming with such certainty that we will hit 96 prices requires some explanation IMO.”
I can’t claim with certainty since I don’t have a crytal ball. However, I think that the prices of homes in 1996 in this area present a more realistic market value-not the ridiculously overpriced homes of today. So, if you take into account that the market should overcorrect, I think that’s where prices will be again at the end of 2010 (the bottom). I know I previously stated I thought we would get there sooner, but 2010 is probably more realistic.
Am I missing something? If so, educate me, boys!!
π
December 1, 2007 at 1:47 PM #106518AnonymousGuest“Marion: Short of a real catastrophe there is no reason RE prices would go back to the low point of trough of the last cycle. Not saying it isn’t coming or that it is, but claiming with such certainty that we will hit 96 prices requires some explanation IMO.”
I can’t claim with certainty since I don’t have a crytal ball. However, I think that the prices of homes in 1996 in this area present a more realistic market value-not the ridiculously overpriced homes of today. So, if you take into account that the market should overcorrect, I think that’s where prices will be again at the end of 2010 (the bottom). I know I previously stated I thought we would get there sooner, but 2010 is probably more realistic.
Am I missing something? If so, educate me, boys!!
π
December 1, 2007 at 1:47 PM #106549AnonymousGuest“Marion: Short of a real catastrophe there is no reason RE prices would go back to the low point of trough of the last cycle. Not saying it isn’t coming or that it is, but claiming with such certainty that we will hit 96 prices requires some explanation IMO.”
I can’t claim with certainty since I don’t have a crytal ball. However, I think that the prices of homes in 1996 in this area present a more realistic market value-not the ridiculously overpriced homes of today. So, if you take into account that the market should overcorrect, I think that’s where prices will be again at the end of 2010 (the bottom). I know I previously stated I thought we would get there sooner, but 2010 is probably more realistic.
Am I missing something? If so, educate me, boys!!
π
December 1, 2007 at 1:47 PM #106555AnonymousGuest“Marion: Short of a real catastrophe there is no reason RE prices would go back to the low point of trough of the last cycle. Not saying it isn’t coming or that it is, but claiming with such certainty that we will hit 96 prices requires some explanation IMO.”
I can’t claim with certainty since I don’t have a crytal ball. However, I think that the prices of homes in 1996 in this area present a more realistic market value-not the ridiculously overpriced homes of today. So, if you take into account that the market should overcorrect, I think that’s where prices will be again at the end of 2010 (the bottom). I know I previously stated I thought we would get there sooner, but 2010 is probably more realistic.
Am I missing something? If so, educate me, boys!!
π
December 1, 2007 at 1:47 PM #106577AnonymousGuest“Marion: Short of a real catastrophe there is no reason RE prices would go back to the low point of trough of the last cycle. Not saying it isn’t coming or that it is, but claiming with such certainty that we will hit 96 prices requires some explanation IMO.”
I can’t claim with certainty since I don’t have a crytal ball. However, I think that the prices of homes in 1996 in this area present a more realistic market value-not the ridiculously overpriced homes of today. So, if you take into account that the market should overcorrect, I think that’s where prices will be again at the end of 2010 (the bottom). I know I previously stated I thought we would get there sooner, but 2010 is probably more realistic.
Am I missing something? If so, educate me, boys!!
π
December 1, 2007 at 1:54 PM #106431sdrealtorParticipant1996 was the bottom of the last cycle when prices over corrected. Even if prices overcorrect again they would be about double the 1996 prices based upon simple inflation.
December 1, 2007 at 1:54 PM #106528sdrealtorParticipant1996 was the bottom of the last cycle when prices over corrected. Even if prices overcorrect again they would be about double the 1996 prices based upon simple inflation.
December 1, 2007 at 1:54 PM #106559sdrealtorParticipant1996 was the bottom of the last cycle when prices over corrected. Even if prices overcorrect again they would be about double the 1996 prices based upon simple inflation.
December 1, 2007 at 1:54 PM #106565sdrealtorParticipant1996 was the bottom of the last cycle when prices over corrected. Even if prices overcorrect again they would be about double the 1996 prices based upon simple inflation.
-
AuthorPosts
- You must be logged in to reply to this topic.