[5yearwaiter]

[quote=4sranch_buyer]I am considering buying a similar property for $517K in the same community. Here’s the listing:

http://www.sdlookup.com/MLS-080077249-10408_Cherry_Blossom_San_Diego_Ca_92127

Please advice if this is a good buy at this time and how much more depreciation is expected on these kind of homes.[/quote]

This property has much less upgrades compare to the current 530K sold out. May be 517K is still way high for this at this moment. The house 530K sold out was in excellent condition and two times it went back n forth in escrows. The offer price is just 10k upper than listed price that time (520K). One way these are not fully detached homes as per definition. Car garrage still attached (just adjuscent) to others property. Though the area and house flore plans are good. It is almost a detached home and you can feel it that way.

[5yearwaiter]

I believe when you paying rent in a good locations (4s,CV and other such locations) up to $2200, you are not losing nor doing any mistake at this kind of puzzle time. I do believe there is no spike in housing occurs at least another 6 -7 years. The only worry at this time is our Fed intervention is turning as “skid” or “crash”. If it is Skid then we are slowly in the path of recovery though small up and downs and we can start investing in housing especially at 4s and CV areas. If that is crash …. whatever you feel a double bottom and double dip – I feel then we are in good shape whoever didn’t buy so far. Above all the scary part is job loss…

[5yearwaiter]

I believe when you paying rent in a good locations (4s,CV and other such locations) up to $2200, you are not losing nor doing any mistake at this kind of puzzle time. I do believe there is no spike in housing occurs at least another 6 -7 years. The only worry at this time is our Fed intervention is turning as “skid” or “crash”. If it is Skid then we are slowly in the path of recovery though small up and downs and we can start investing in housing especially at 4s and CV areas. If that is crash …. whatever you feel a double bottom and double dip – I feel then we are in good shape whoever didn’t buy so far. Above all the scary part is job loss…

[5yearwaiter]

I believe when you paying rent in a good locations (4s,CV and other such locations) up to $2200, you are not losing nor doing any mistake at this kind of puzzle time. I do believe there is no spike in housing occurs at least another 6 -7 years. The only worry at this time is our Fed intervention is turning as “skid” or “crash”. If it is Skid then we are slowly in the path of recovery though small up and downs and we can start investing in housing especially at 4s and CV areas. If that is crash …. whatever you feel a double bottom and double dip – I feel then we are in good shape whoever didn’t buy so far. Above all the scary part is job loss…

[5yearwaiter]

I believe when you paying rent in a good locations (4s,CV and other such locations) up to $2200, you are not losing nor doing any mistake at this kind of puzzle time. I do believe there is no spike in housing occurs at least another 6 -7 years. The only worry at this time is our Fed intervention is turning as “skid” or “crash”. If it is Skid then we are slowly in the path of recovery though small up and downs and we can start investing in housing especially at 4s and CV areas. If that is crash …. whatever you feel a double bottom and double dip – I feel then we are in good shape whoever didn’t buy so far. Above all the scary part is job loss…

[5yearwaiter]

I believe when you paying rent in a good locations (4s,CV and other such locations) up to $2200, you are not losing nor doing any mistake at this kind of puzzle time. I do believe there is no spike in housing occurs at least another 6 -7 years. The only worry at this time is our Fed intervention is turning as “skid” or “crash”. If it is Skid then we are slowly in the path of recovery though small up and downs and we can start investing in housing especially at 4s and CV areas. If that is crash …. whatever you feel a double bottom and double dip – I feel then we are in good shape whoever didn’t buy so far. Above all the scary part is job loss…

[5yearwaiter]

[quote=Bob][quote]
If he decides to pull out, you will see the stock market drop, and at the same time, you will see mortgage rates spike.
[/quote]

Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.

[5yearwaiter]

[quote=Bob][quote]
If he decides to pull out, you will see the stock market drop, and at the same time, you will see mortgage rates spike.
[/quote]

Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.

[5yearwaiter]

[quote=Bob][quote]
If he decides to pull out, you will see the stock market drop, and at the same time, you will see mortgage rates spike.
[/quote]

Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.

[5yearwaiter]

[quote=Bob][quote]
If he decides to pull out, you will see the stock market drop, and at the same time, you will see mortgage rates spike.
[/quote]

Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.

[5yearwaiter]

[quote=Bob][quote]
If he decides to pull out, you will see the stock market drop, and at the same time, you will see mortgage rates spike.
[/quote]

Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.

[5yearwaiter]

At least San Diego housing may return back to 2003 prices level, it could take one or two years. Warren Buffett is saying this economy, job loss and other many dependent factors would take a while to settle down … not happening until 5 years from now….

[5yearwaiter]

At least San Diego housing may return back to 2003 prices level, it could take one or two years. Warren Buffett is saying this economy, job loss and other many dependent factors would take a while to settle down … not happening until 5 years from now….

[5yearwaiter]

At least San Diego housing may return back to 2003 prices level, it could take one or two years. Warren Buffett is saying this economy, job loss and other many dependent factors would take a while to settle down … not happening until 5 years from now….

[5yearwaiter]

At least San Diego housing may return back to 2003 prices level, it could take one or two years. Warren Buffett is saying this economy, job loss and other many dependent factors would take a while to settle down … not happening until 5 years from now….

[Author]

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