[andymajumder]

I don’t see how we can get back to 2000 nominal prices in at least the desirable areas of San Diego. Looking at the chart of historical mortgage rates it seems like rates were ~6.5% in 2000. Right now it is possible to get 30 yr fixed at 4.5%. This makes a big difference to how much people can afford, so unless interest rates shoot up, I don’t see how we can go back to 2000 nominal prices.

The real winners have been people who bought in the late 1990s or 2000-2002 span and were able to refinance to the low rates now.

[andymajumder]

I don’t see how we can get back to 2000 nominal prices in at least the desirable areas of San Diego. Looking at the chart of historical mortgage rates it seems like rates were ~6.5% in 2000. Right now it is possible to get 30 yr fixed at 4.5%. This makes a big difference to how much people can afford, so unless interest rates shoot up, I don’t see how we can go back to 2000 nominal prices.

The real winners have been people who bought in the late 1990s or 2000-2002 span and were able to refinance to the low rates now.

[andymajumder]

I don’t see how we can get back to 2000 nominal prices in at least the desirable areas of San Diego. Looking at the chart of historical mortgage rates it seems like rates were ~6.5% in 2000. Right now it is possible to get 30 yr fixed at 4.5%. This makes a big difference to how much people can afford, so unless interest rates shoot up, I don’t see how we can go back to 2000 nominal prices.

The real winners have been people who bought in the late 1990s or 2000-2002 span and were able to refinance to the low rates now.

[andymajumder]

I don’t see how we can get back to 2000 nominal prices in at least the desirable areas of San Diego. Looking at the chart of historical mortgage rates it seems like rates were ~6.5% in 2000. Right now it is possible to get 30 yr fixed at 4.5%. This makes a big difference to how much people can afford, so unless interest rates shoot up, I don’t see how we can go back to 2000 nominal prices.

The real winners have been people who bought in the late 1990s or 2000-2002 span and were able to refinance to the low rates now.

[andymajumder]

Quite sure the elementary school for this area is Hage Elementary, though it is indeed a common area for high school. I beleive you can choose between Mira Mesa High and Scripps Ranch High.

[andymajumder]

Quite sure the elementary school for this area is Hage Elementary, though it is indeed a common area for high school. I beleive you can choose between Mira Mesa High and Scripps Ranch High.

[andymajumder]

Quite sure the elementary school for this area is Hage Elementary, though it is indeed a common area for high school. I beleive you can choose between Mira Mesa High and Scripps Ranch High.

[andymajumder]

Quite sure the elementary school for this area is Hage Elementary, though it is indeed a common area for high school. I beleive you can choose between Mira Mesa High and Scripps Ranch High.

[andymajumder]

Quite sure the elementary school for this area is Hage Elementary, though it is indeed a common area for high school. I beleive you can choose between Mira Mesa High and Scripps Ranch High.

[andymajumder]

Needed some more help, was estimating my property taxes. According to this site:

http://www.sandiegorealestatebuzz.com/san-diego-tax-rates.php

Property tax rate for San Diego City is 1.11%, is this what would apply for Scripps Ranch?

[andymajumder]

Needed some more help, was estimating my property taxes. According to this site:

http://www.sandiegorealestatebuzz.com/san-diego-tax-rates.php

Property tax rate for San Diego City is 1.11%, is this what would apply for Scripps Ranch?

[andymajumder]

Needed some more help, was estimating my property taxes. According to this site:

http://www.sandiegorealestatebuzz.com/san-diego-tax-rates.php

Property tax rate for San Diego City is 1.11%, is this what would apply for Scripps Ranch?

[andymajumder]

Needed some more help, was estimating my property taxes. According to this site:

http://www.sandiegorealestatebuzz.com/san-diego-tax-rates.php

Property tax rate for San Diego City is 1.11%, is this what would apply for Scripps Ranch?

[andymajumder]

Needed some more help, was estimating my property taxes. According to this site:

http://www.sandiegorealestatebuzz.com/san-diego-tax-rates.php

Property tax rate for San Diego City is 1.11%, is this what would apply for Scripps Ranch?

[andymajumder]

Thanks all, really appreciate the suggestions…I have asked for a one year warranty as some of you have suggested out here. Haven’t heard back yet from the seller. Anyway, this property is in Scripps Ranch, so its not in a high foreclosure, high crime area. Really like the neighborhood.

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