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(former)FormerSanDiegan
Participant[quote=jstoesz]a neighborhood to me has a few defining characteristics. None of these are deal breakers, but a majority is necessary to define what I am looking for.
1) walkable to something (resaurants, gas station, movie theater, grocery store, Yatch club (I kid)).
2. Has a name (la mesa, del mar, shelter island, solana, encinitas, roseville, you know what I mean, tract names don’t count, singing meadows need not apply)
3. has side walks (I guess this buttresses on number 1)
4. Organic (this may be synonymous with custom homes and custom commercial centers but I don’t think it has to be) It just has to come about organically as in no plans.
5. Character (yup I am leaving this undefined, but it probably has to do with #4)
6. History (I want vintage photos)
7. walkable (but I repeat myself)[/quote]
A simple generalization to this would be to look for areas that have no mello-roos. Those that have mello-roos, probably won;t meet these qualificaitons.
ParticipantTahnks for the additional info BG.
I am lazy, so I just track one index, but they all tend to move similarly (over the long run), so it’s a reaspnable proxy.
My guess on where these rates are in 12 months … 3-4%
ParticipantTahnks for the additional info BG.
I am lazy, so I just track one index, but they all tend to move similarly (over the long run), so it’s a reaspnable proxy.
My guess on where these rates are in 12 months … 3-4%
ParticipantTahnks for the additional info BG.
I am lazy, so I just track one index, but they all tend to move similarly (over the long run), so it’s a reaspnable proxy.
My guess on where these rates are in 12 months … 3-4%
ParticipantTahnks for the additional info BG.
I am lazy, so I just track one index, but they all tend to move similarly (over the long run), so it’s a reaspnable proxy.
My guess on where these rates are in 12 months … 3-4%
ParticipantTahnks for the additional info BG.
I am lazy, so I just track one index, but they all tend to move similarly (over the long run), so it’s a reaspnable proxy.
My guess on where these rates are in 12 months … 3-4%
Participant[quote=briansd1][quote=JBurkett19]Someone else posted a good observation on another place here, and that is there are a ton of eyes on this market and an inactive buyer is even more at a disadvantage than one actively persuing. Even with all of the inventory out there, and the so-called experts calling for more to come, good deals don’t stay for long. Find a particualr neighborhood you’re interested in and watch it closely. If something comes up you like, put in an offer. See how things play out. Stay emotionally detached from the transaction and it’ll happen how it’s supposed to. [/quote]
good recommendation.
But why ever become “inactive”? I think that it’s fun to keep up with house prices just like any other prices.[/quote]
I agree with briansd1 on this point.
But watch out, it can become an infliction. I haven’t been able to stop watching the SD housing market since 1995, despite buying a few houses, selling 2/3 of what I used to own in SD and moving to a different city. It is truly an affliction.Participant[quote=briansd1][quote=JBurkett19]Someone else posted a good observation on another place here, and that is there are a ton of eyes on this market and an inactive buyer is even more at a disadvantage than one actively persuing. Even with all of the inventory out there, and the so-called experts calling for more to come, good deals don’t stay for long. Find a particualr neighborhood you’re interested in and watch it closely. If something comes up you like, put in an offer. See how things play out. Stay emotionally detached from the transaction and it’ll happen how it’s supposed to. [/quote]
good recommendation.
But why ever become “inactive”? I think that it’s fun to keep up with house prices just like any other prices.[/quote]
I agree with briansd1 on this point.
But watch out, it can become an infliction. I haven’t been able to stop watching the SD housing market since 1995, despite buying a few houses, selling 2/3 of what I used to own in SD and moving to a different city. It is truly an affliction.Participant[quote=briansd1][quote=JBurkett19]Someone else posted a good observation on another place here, and that is there are a ton of eyes on this market and an inactive buyer is even more at a disadvantage than one actively persuing. Even with all of the inventory out there, and the so-called experts calling for more to come, good deals don’t stay for long. Find a particualr neighborhood you’re interested in and watch it closely. If something comes up you like, put in an offer. See how things play out. Stay emotionally detached from the transaction and it’ll happen how it’s supposed to. [/quote]
good recommendation.
But why ever become “inactive”? I think that it’s fun to keep up with house prices just like any other prices.[/quote]
I agree with briansd1 on this point.
But watch out, it can become an infliction. I haven’t been able to stop watching the SD housing market since 1995, despite buying a few houses, selling 2/3 of what I used to own in SD and moving to a different city. It is truly an affliction.Participant[quote=briansd1][quote=JBurkett19]Someone else posted a good observation on another place here, and that is there are a ton of eyes on this market and an inactive buyer is even more at a disadvantage than one actively persuing. Even with all of the inventory out there, and the so-called experts calling for more to come, good deals don’t stay for long. Find a particualr neighborhood you’re interested in and watch it closely. If something comes up you like, put in an offer. See how things play out. Stay emotionally detached from the transaction and it’ll happen how it’s supposed to. [/quote]
good recommendation.
But why ever become “inactive”? I think that it’s fun to keep up with house prices just like any other prices.[/quote]
I agree with briansd1 on this point.
But watch out, it can become an infliction. I haven’t been able to stop watching the SD housing market since 1995, despite buying a few houses, selling 2/3 of what I used to own in SD and moving to a different city. It is truly an affliction.Participant[quote=briansd1][quote=JBurkett19]Someone else posted a good observation on another place here, and that is there are a ton of eyes on this market and an inactive buyer is even more at a disadvantage than one actively persuing. Even with all of the inventory out there, and the so-called experts calling for more to come, good deals don’t stay for long. Find a particualr neighborhood you’re interested in and watch it closely. If something comes up you like, put in an offer. See how things play out. Stay emotionally detached from the transaction and it’ll happen how it’s supposed to. [/quote]
good recommendation.
But why ever become “inactive”? I think that it’s fun to keep up with house prices just like any other prices.[/quote]
I agree with briansd1 on this point.
But watch out, it can become an infliction. I haven’t been able to stop watching the SD housing market since 1995, despite buying a few houses, selling 2/3 of what I used to own in SD and moving to a different city. It is truly an affliction.Participant[quote=deadzone]
Are you serious? If interest rates rise considerably it is not a going to be because of a recovery. It will be because our foreign creditors have lost confidence and refuse to fund any more of our debt. That is already starting to happen, it is being covered up by the Feds purchasing programs.
Even if the economy improved, rising interest rates would still be disastrous. There are so many people out there who still have good jobs but are living on the edge due to their interest only and neg-am loans. I know and work with several people in this category. Just cause the economy improves doesn’t mean their salaries are all of a sudden going to jump. The payment shocks caused by rising interest rates will push many folks over the edge.[/quote]
Yes, I am serious. I acknowledge that there is some likelihood that rates rise for a period with no recovery due to the forces you cite. But, interest rates do not rise in a vaccum. At some point if rates choke off folks and push them over the edge, there is usually a reaction to it. What would be that reaction ? There are many possible outcomes.
I do find it odd that the mention of rising rates in a recovery, a return to the mean in terms of long-term inflation, rates and growth, is met by “are you kidding?”
Participant[quote=deadzone]
Are you serious? If interest rates rise considerably it is not a going to be because of a recovery. It will be because our foreign creditors have lost confidence and refuse to fund any more of our debt. That is already starting to happen, it is being covered up by the Feds purchasing programs.
Even if the economy improved, rising interest rates would still be disastrous. There are so many people out there who still have good jobs but are living on the edge due to their interest only and neg-am loans. I know and work with several people in this category. Just cause the economy improves doesn’t mean their salaries are all of a sudden going to jump. The payment shocks caused by rising interest rates will push many folks over the edge.[/quote]
Yes, I am serious. I acknowledge that there is some likelihood that rates rise for a period with no recovery due to the forces you cite. But, interest rates do not rise in a vaccum. At some point if rates choke off folks and push them over the edge, there is usually a reaction to it. What would be that reaction ? There are many possible outcomes.
I do find it odd that the mention of rising rates in a recovery, a return to the mean in terms of long-term inflation, rates and growth, is met by “are you kidding?”
Participant[quote=deadzone]
Are you serious? If interest rates rise considerably it is not a going to be because of a recovery. It will be because our foreign creditors have lost confidence and refuse to fund any more of our debt. That is already starting to happen, it is being covered up by the Feds purchasing programs.
Even if the economy improved, rising interest rates would still be disastrous. There are so many people out there who still have good jobs but are living on the edge due to their interest only and neg-am loans. I know and work with several people in this category. Just cause the economy improves doesn’t mean their salaries are all of a sudden going to jump. The payment shocks caused by rising interest rates will push many folks over the edge.[/quote]
Yes, I am serious. I acknowledge that there is some likelihood that rates rise for a period with no recovery due to the forces you cite. But, interest rates do not rise in a vaccum. At some point if rates choke off folks and push them over the edge, there is usually a reaction to it. What would be that reaction ? There are many possible outcomes.
I do find it odd that the mention of rising rates in a recovery, a return to the mean in terms of long-term inflation, rates and growth, is met by “are you kidding?”
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