[andymajumder]

Glad I pulled out of escrow last week. Lost $350 which I had spend on the inspection….but I think I made th right decision, there have been some price reductions in 92128, 92129 since May 1st and the trend seems downwards.

[andymajumder]

Glad I pulled out of escrow last week. Lost $350 which I had spend on the inspection….but I think I made th right decision, there have been some price reductions in 92128, 92129 since May 1st and the trend seems downwards.

[andymajumder]

Glad I pulled out of escrow last week. Lost $350 which I had spend on the inspection….but I think I made th right decision, there have been some price reductions in 92128, 92129 since May 1st and the trend seems downwards.

[andymajumder]

Glad I pulled out of escrow last week. Lost $350 which I had spend on the inspection….but I think I made th right decision, there have been some price reductions in 92128, 92129 since May 1st and the trend seems downwards.

[andymajumder]

Its late 2003 price…so its not that great a deal, there’s a big difference between early 2003 prices and late (nov-dec 2003) prices…in fact the demand in the market for sub 500K houses is very strong (at least till the tax credits are there) and its almost impossible to get early 2003 price in Rancho Bernardo, 4S Ranch, Poway or Scripps Ranch unless the house has some serious issues.

[andymajumder]

Its late 2003 price…so its not that great a deal, there’s a big difference between early 2003 prices and late (nov-dec 2003) prices…in fact the demand in the market for sub 500K houses is very strong (at least till the tax credits are there) and its almost impossible to get early 2003 price in Rancho Bernardo, 4S Ranch, Poway or Scripps Ranch unless the house has some serious issues.

[andymajumder]

Its late 2003 price…so its not that great a deal, there’s a big difference between early 2003 prices and late (nov-dec 2003) prices…in fact the demand in the market for sub 500K houses is very strong (at least till the tax credits are there) and its almost impossible to get early 2003 price in Rancho Bernardo, 4S Ranch, Poway or Scripps Ranch unless the house has some serious issues.

[andymajumder]

Its late 2003 price…so its not that great a deal, there’s a big difference between early 2003 prices and late (nov-dec 2003) prices…in fact the demand in the market for sub 500K houses is very strong (at least till the tax credits are there) and its almost impossible to get early 2003 price in Rancho Bernardo, 4S Ranch, Poway or Scripps Ranch unless the house has some serious issues.

[andymajumder]

Its late 2003 price…so its not that great a deal, there’s a big difference between early 2003 prices and late (nov-dec 2003) prices…in fact the demand in the market for sub 500K houses is very strong (at least till the tax credits are there) and its almost impossible to get early 2003 price in Rancho Bernardo, 4S Ranch, Poway or Scripps Ranch unless the house has some serious issues.

[andymajumder]

I understand that….it is unsettling times, I came to the conclusion that FED would forcibly inflate our way through this, after all this is helicopter Ben in charge and everything he has done so far indicates that he believes deflation is a much bigger threat than inflation and reducing the value of our debt through infaltion is something he will continue to attempt.

If the bond market does collapse, what affect will that have on the dollar, wouldn’t that crash too…in that case in dollar denomination home prices might go up even though the dollar will be worth much less…

[andymajumder]

I understand that….it is unsettling times, I came to the conclusion that FED would forcibly inflate our way through this, after all this is helicopter Ben in charge and everything he has done so far indicates that he believes deflation is a much bigger threat than inflation and reducing the value of our debt through infaltion is something he will continue to attempt.

If the bond market does collapse, what affect will that have on the dollar, wouldn’t that crash too…in that case in dollar denomination home prices might go up even though the dollar will be worth much less…

[andymajumder]

I understand that….it is unsettling times, I came to the conclusion that FED would forcibly inflate our way through this, after all this is helicopter Ben in charge and everything he has done so far indicates that he believes deflation is a much bigger threat than inflation and reducing the value of our debt through infaltion is something he will continue to attempt.

If the bond market does collapse, what affect will that have on the dollar, wouldn’t that crash too…in that case in dollar denomination home prices might go up even though the dollar will be worth much less…

[andymajumder]

I understand that….it is unsettling times, I came to the conclusion that FED would forcibly inflate our way through this, after all this is helicopter Ben in charge and everything he has done so far indicates that he believes deflation is a much bigger threat than inflation and reducing the value of our debt through infaltion is something he will continue to attempt.

If the bond market does collapse, what affect will that have on the dollar, wouldn’t that crash too…in that case in dollar denomination home prices might go up even though the dollar will be worth much less…

[andymajumder]

I understand that….it is unsettling times, I came to the conclusion that FED would forcibly inflate our way through this, after all this is helicopter Ben in charge and everything he has done so far indicates that he believes deflation is a much bigger threat than inflation and reducing the value of our debt through infaltion is something he will continue to attempt.

If the bond market does collapse, what affect will that have on the dollar, wouldn’t that crash too…in that case in dollar denomination home prices might go up even though the dollar will be worth much less…

[andymajumder]

Couldn’t agree more….my problem is even my real estate agent sees things from a seller’s perspective, probably because she is a homeowner herself. Statements such as – “this home is a great deal” (just because its down 25% from 2005 peak but yet its twice 2001 price) and “we will be back to 2005 prices in about 5 yrs” were just too much for me. I just had to get rid of her….

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