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freshman
ParticipantWhat a negative thought…
Each country has its own attritude and importance to survive in this world. Like US consumes a lot and China produces a lot, it is a circle. If US fails, China will be in trouble, no more US troops to “protect” peace in Afghanistan…. The rich cannot survive without the poor. America cannot survive if he kicks out all illegal immigrants or foreign workers.
If you look back to 30 years ago, how many crisis, bubbles, SARS happened ? after that, life still goes on. I remembered I still needed to go to the class after the date of 911. SARS in Asia, people think it was end of world. Now, the house price in china goes up crazy even US house price drops. Price and salary still goes up after the bad time. A downhill is another uphill coming. No matter how bad the situation is , the world is still running, it won’t wait for anyone.
More people on table won’t get smaller piece of pie because the non-competitive one will be kicked out of the table. It is cruel but it is real life. Human will fight for their own good or look for another way out.
People in CA flee to other states because of high tax, expensive house… but there are still many people moving into CA. Why ? nice weather, beach even earthquake. Even house price drops now , it will eventually go back to the level of 2006-2007, and pass this level afterward.
ParticipantWhat a negative thought…
Each country has its own attritude and importance to survive in this world. Like US consumes a lot and China produces a lot, it is a circle. If US fails, China will be in trouble, no more US troops to “protect” peace in Afghanistan…. The rich cannot survive without the poor. America cannot survive if he kicks out all illegal immigrants or foreign workers.
If you look back to 30 years ago, how many crisis, bubbles, SARS happened ? after that, life still goes on. I remembered I still needed to go to the class after the date of 911. SARS in Asia, people think it was end of world. Now, the house price in china goes up crazy even US house price drops. Price and salary still goes up after the bad time. A downhill is another uphill coming. No matter how bad the situation is , the world is still running, it won’t wait for anyone.
More people on table won’t get smaller piece of pie because the non-competitive one will be kicked out of the table. It is cruel but it is real life. Human will fight for their own good or look for another way out.
People in CA flee to other states because of high tax, expensive house… but there are still many people moving into CA. Why ? nice weather, beach even earthquake. Even house price drops now , it will eventually go back to the level of 2006-2007, and pass this level afterward.
ParticipantWhat a negative thought…
Each country has its own attritude and importance to survive in this world. Like US consumes a lot and China produces a lot, it is a circle. If US fails, China will be in trouble, no more US troops to “protect” peace in Afghanistan…. The rich cannot survive without the poor. America cannot survive if he kicks out all illegal immigrants or foreign workers.
If you look back to 30 years ago, how many crisis, bubbles, SARS happened ? after that, life still goes on. I remembered I still needed to go to the class after the date of 911. SARS in Asia, people think it was end of world. Now, the house price in china goes up crazy even US house price drops. Price and salary still goes up after the bad time. A downhill is another uphill coming. No matter how bad the situation is , the world is still running, it won’t wait for anyone.
More people on table won’t get smaller piece of pie because the non-competitive one will be kicked out of the table. It is cruel but it is real life. Human will fight for their own good or look for another way out.
People in CA flee to other states because of high tax, expensive house… but there are still many people moving into CA. Why ? nice weather, beach even earthquake. Even house price drops now , it will eventually go back to the level of 2006-2007, and pass this level afterward.
Participant[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.
Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.
If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.
For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.
1. Foreclosure moratoriums
2. Fed – $8,000 tax credit to purchase
3. State – $10,000 tax credit to purchase new
4. Artificially low interest rates
5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.
6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.
The USS Fail Boat setting sail for a port near you.
Yes, I’m a little $&^#ing bitter.[/quote]
Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.
CA $10K has been used up already !!! don’t think about it.
Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.
Participant[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.
Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.
If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.
For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.
1. Foreclosure moratoriums
2. Fed – $8,000 tax credit to purchase
3. State – $10,000 tax credit to purchase new
4. Artificially low interest rates
5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.
6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.
The USS Fail Boat setting sail for a port near you.
Yes, I’m a little $&^#ing bitter.[/quote]
Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.
CA $10K has been used up already !!! don’t think about it.
Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.
Participant[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.
Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.
If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.
For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.
1. Foreclosure moratoriums
2. Fed – $8,000 tax credit to purchase
3. State – $10,000 tax credit to purchase new
4. Artificially low interest rates
5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.
6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.
The USS Fail Boat setting sail for a port near you.
Yes, I’m a little $&^#ing bitter.[/quote]
Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.
CA $10K has been used up already !!! don’t think about it.
Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.
Participant[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.
Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.
If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.
For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.
1. Foreclosure moratoriums
2. Fed – $8,000 tax credit to purchase
3. State – $10,000 tax credit to purchase new
4. Artificially low interest rates
5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.
6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.
The USS Fail Boat setting sail for a port near you.
Yes, I’m a little $&^#ing bitter.[/quote]
Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.
CA $10K has been used up already !!! don’t think about it.
Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.
Participant[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.
Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.
If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.
For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.
1. Foreclosure moratoriums
2. Fed – $8,000 tax credit to purchase
3. State – $10,000 tax credit to purchase new
4. Artificially low interest rates
5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.
6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.
The USS Fail Boat setting sail for a port near you.
Yes, I’m a little $&^#ing bitter.[/quote]
Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.
CA $10K has been used up already !!! don’t think about it.
Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.
ParticipantThis kind of property management company won’t do anything, they just bring you to see the property, get your application fee and handle the rental fee for the property owner. If you have any requests or fixes on the property, they will forward to the property owner and let the owner know, it is all up to the owner to do your request or not. They don’t give you any info about the owner. Also, this kind of company likes to bring several groups of renters to see the same property, get all application fees and let the owner to pick one of them. It is no guarantee the renter with highest credit scores can rent the property. It is up to the owner to pick, maybe the owner cares about the renter’s job type, age, race….
If the property management company owns a community of properties, that’s more trustable. You can get the apartment ranking from http://www.apartmentratings.com/ .
ParticipantThis kind of property management company won’t do anything, they just bring you to see the property, get your application fee and handle the rental fee for the property owner. If you have any requests or fixes on the property, they will forward to the property owner and let the owner know, it is all up to the owner to do your request or not. They don’t give you any info about the owner. Also, this kind of company likes to bring several groups of renters to see the same property, get all application fees and let the owner to pick one of them. It is no guarantee the renter with highest credit scores can rent the property. It is up to the owner to pick, maybe the owner cares about the renter’s job type, age, race….
If the property management company owns a community of properties, that’s more trustable. You can get the apartment ranking from http://www.apartmentratings.com/ .
ParticipantThis kind of property management company won’t do anything, they just bring you to see the property, get your application fee and handle the rental fee for the property owner. If you have any requests or fixes on the property, they will forward to the property owner and let the owner know, it is all up to the owner to do your request or not. They don’t give you any info about the owner. Also, this kind of company likes to bring several groups of renters to see the same property, get all application fees and let the owner to pick one of them. It is no guarantee the renter with highest credit scores can rent the property. It is up to the owner to pick, maybe the owner cares about the renter’s job type, age, race….
If the property management company owns a community of properties, that’s more trustable. You can get the apartment ranking from http://www.apartmentratings.com/ .
ParticipantThis kind of property management company won’t do anything, they just bring you to see the property, get your application fee and handle the rental fee for the property owner. If you have any requests or fixes on the property, they will forward to the property owner and let the owner know, it is all up to the owner to do your request or not. They don’t give you any info about the owner. Also, this kind of company likes to bring several groups of renters to see the same property, get all application fees and let the owner to pick one of them. It is no guarantee the renter with highest credit scores can rent the property. It is up to the owner to pick, maybe the owner cares about the renter’s job type, age, race….
If the property management company owns a community of properties, that’s more trustable. You can get the apartment ranking from http://www.apartmentratings.com/ .
ParticipantThis kind of property management company won’t do anything, they just bring you to see the property, get your application fee and handle the rental fee for the property owner. If you have any requests or fixes on the property, they will forward to the property owner and let the owner know, it is all up to the owner to do your request or not. They don’t give you any info about the owner. Also, this kind of company likes to bring several groups of renters to see the same property, get all application fees and let the owner to pick one of them. It is no guarantee the renter with highest credit scores can rent the property. It is up to the owner to pick, maybe the owner cares about the renter’s job type, age, race….
If the property management company owns a community of properties, that’s more trustable. You can get the apartment ranking from http://www.apartmentratings.com/ .
Participant[quote=AN][quote=PadreBrian]Yeah, I’m with everyone else, no comp killer. It’s going to take 60-100k just to get it to match the homes around it.
Maybecks (4-5 bedroom, new) are low 6’s.[/quote]
Maybeck is in a totally different league than these other SFR. Maybeck is nothing more than giant detached townhouse. That’s why it’s priced even less than Chanteclair, although it’s a lot bigger.$100k to upgrade the interior will give you a pretty sweet looking interior. To get you the basic interior like what you can find in a low $600k Maybeck, I think can you do it for around $50k.[/quote]
Depend on what you need, some people want bigger house and smaller yard (save water as everybody knows water bill keeps increasing every year, CA is like a desert…). The lot size of them are similar. The biggest house of Chanteclair is about 3000 sqt so it seems the yard is bigger and more detached. The biggest house of Maybeck is about 3700 sqt so the yard is smaller and looks closer to the neighbours. Both of them still give incentives to the buyers.
But on PPSF issue, Maybeck is more attractive so the sale of Maybeck is faster than Chanteclair.
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