Forum Replies Created
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cyphire
ParticipantHi Rustico, et al.
Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.
Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…
I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.
I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.
Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.
cyphire
ParticipantHi Rustico, et al.
Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.
Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…
I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.
I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.
Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.
cyphire
ParticipantHi Rustico, et al.
Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.
Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…
I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.
I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.
Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.
cyphire
ParticipantHi Rustico, et al.
Hey – I think that the good long term strategy is to wait at least 2 more years, if not 3. 2010-2012 is the target for me, the only problem is that the kids are 11 and 13, and I don’t want to wait till they are 15 and 17. It’s a tough deal, but we aren’t exactly unhappy where we are renting in La Jolla.
Still it’s nice to own your own home, I am just too risk adverse to buy a long term asset in the midst of all this turmoil. I guess I need to wait it out…
I am concerned, however, at the statistics which currently exist in the market. When my wife sees that prices have stayed even since this time last year (in coastal central where I am), it’s tough to keep explaining about medians and that mostly the good properties are selling, not the dogs, which were overpaid for.
I would love to see a good local analysis on a property by property basis. I also know it’s hard to actually find out about the secret stuff – the new kitchens, the paying points for the buyer, and if the foreclosure sales are even considered in the regular numbers.
Where are the good price / sq. ft numbers? The removal of the 4M$+ properties (which are in another sphere from us), etc? I am still haunted by a lack of hard data, a lack of analysis, and a dearth of reporting numbers which are superficial at best.
cyphire
ParticipantI’m in somewhat the same boat, but luckily my wife understands the turmoil going on in the re market. We are renting in La Jolla, and she wants to paint the walls. I told her no way. It’s bad enough that we will probably have to replace the rugs (2 poorly trained dogs + very low end carpet which stains from anything getting on it)….
Anyway – she understands. But this Sunday’s paper showed a 12% drop in the south counties, but a 0% drop in the coastal central, that doesn’t look like a crash to me… I know that median prices are not a good measure, but where is the data? Why isn’t La Jolla and Carmel Valley not dropping according to the median? It sure looks to me that there are drops, but why is the price the same as last year?
Tell me so I can tell her!
cyphire
ParticipantI’m in somewhat the same boat, but luckily my wife understands the turmoil going on in the re market. We are renting in La Jolla, and she wants to paint the walls. I told her no way. It’s bad enough that we will probably have to replace the rugs (2 poorly trained dogs + very low end carpet which stains from anything getting on it)….
Anyway – she understands. But this Sunday’s paper showed a 12% drop in the south counties, but a 0% drop in the coastal central, that doesn’t look like a crash to me… I know that median prices are not a good measure, but where is the data? Why isn’t La Jolla and Carmel Valley not dropping according to the median? It sure looks to me that there are drops, but why is the price the same as last year?
Tell me so I can tell her!
cyphire
ParticipantI’m in somewhat the same boat, but luckily my wife understands the turmoil going on in the re market. We are renting in La Jolla, and she wants to paint the walls. I told her no way. It’s bad enough that we will probably have to replace the rugs (2 poorly trained dogs + very low end carpet which stains from anything getting on it)….
Anyway – she understands. But this Sunday’s paper showed a 12% drop in the south counties, but a 0% drop in the coastal central, that doesn’t look like a crash to me… I know that median prices are not a good measure, but where is the data? Why isn’t La Jolla and Carmel Valley not dropping according to the median? It sure looks to me that there are drops, but why is the price the same as last year?
Tell me so I can tell her!
cyphire
ParticipantI’m in somewhat the same boat, but luckily my wife understands the turmoil going on in the re market. We are renting in La Jolla, and she wants to paint the walls. I told her no way. It’s bad enough that we will probably have to replace the rugs (2 poorly trained dogs + very low end carpet which stains from anything getting on it)….
Anyway – she understands. But this Sunday’s paper showed a 12% drop in the south counties, but a 0% drop in the coastal central, that doesn’t look like a crash to me… I know that median prices are not a good measure, but where is the data? Why isn’t La Jolla and Carmel Valley not dropping according to the median? It sure looks to me that there are drops, but why is the price the same as last year?
Tell me so I can tell her!
cyphire
ParticipantI’m in somewhat the same boat, but luckily my wife understands the turmoil going on in the re market. We are renting in La Jolla, and she wants to paint the walls. I told her no way. It’s bad enough that we will probably have to replace the rugs (2 poorly trained dogs + very low end carpet which stains from anything getting on it)….
Anyway – she understands. But this Sunday’s paper showed a 12% drop in the south counties, but a 0% drop in the coastal central, that doesn’t look like a crash to me… I know that median prices are not a good measure, but where is the data? Why isn’t La Jolla and Carmel Valley not dropping according to the median? It sure looks to me that there are drops, but why is the price the same as last year?
Tell me so I can tell her!
cyphire
ParticipantI miss the gas lines of the 70’s…. Of course I couldn’t drive yet, so I guess I miss the way the vein on my dad’s head would pop out.
cyphire
ParticipantI miss the gas lines of the 70’s…. Of course I couldn’t drive yet, so I guess I miss the way the vein on my dad’s head would pop out.
cyphire
ParticipantI miss the gas lines of the 70’s…. Of course I couldn’t drive yet, so I guess I miss the way the vein on my dad’s head would pop out.
cyphire
ParticipantI miss the gas lines of the 70’s…. Of course I couldn’t drive yet, so I guess I miss the way the vein on my dad’s head would pop out.
cyphire
ParticipantI miss the gas lines of the 70’s…. Of course I couldn’t drive yet, so I guess I miss the way the vein on my dad’s head would pop out.
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