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golfproz
ParticipantIt’s a new house. They must have torn down the old one or the 908k was for just the land.
ParticipantIt’s a new house. They must have torn down the old one or the 908k was for just the land.
ParticipantIt’s a new house. They must have torn down the old one or the 908k was for just the land.
ParticipantIt’s a new house. They must have torn down the old one or the 908k was for just the land.
ParticipantIt’s a new house. They must have torn down the old one or the 908k was for just the land.
ParticipantIt’s also how you look at it. If I buy a house that is 800k I will have little left over every month after paying the mortgage. So I will feel poor. It does not matter if that house goes up in value. I still have the same amount left after making the payment. I could not go out to eat very often or take nice vacations or buy big flat screens or even play nice golf courses. Now if that house drops to 600k and I buy it, I will have a much better quality of life. I will be able to spend that extra money on my leisure activities. I will feel richer! I’m hoping it drops to $400k, then I can play a few rounds at Pebble Beach 🙂
ParticipantIt’s also how you look at it. If I buy a house that is 800k I will have little left over every month after paying the mortgage. So I will feel poor. It does not matter if that house goes up in value. I still have the same amount left after making the payment. I could not go out to eat very often or take nice vacations or buy big flat screens or even play nice golf courses. Now if that house drops to 600k and I buy it, I will have a much better quality of life. I will be able to spend that extra money on my leisure activities. I will feel richer! I’m hoping it drops to $400k, then I can play a few rounds at Pebble Beach 🙂
ParticipantIt’s also how you look at it. If I buy a house that is 800k I will have little left over every month after paying the mortgage. So I will feel poor. It does not matter if that house goes up in value. I still have the same amount left after making the payment. I could not go out to eat very often or take nice vacations or buy big flat screens or even play nice golf courses. Now if that house drops to 600k and I buy it, I will have a much better quality of life. I will be able to spend that extra money on my leisure activities. I will feel richer! I’m hoping it drops to $400k, then I can play a few rounds at Pebble Beach 🙂
ParticipantIt’s also how you look at it. If I buy a house that is 800k I will have little left over every month after paying the mortgage. So I will feel poor. It does not matter if that house goes up in value. I still have the same amount left after making the payment. I could not go out to eat very often or take nice vacations or buy big flat screens or even play nice golf courses. Now if that house drops to 600k and I buy it, I will have a much better quality of life. I will be able to spend that extra money on my leisure activities. I will feel richer! I’m hoping it drops to $400k, then I can play a few rounds at Pebble Beach 🙂
ParticipantIt’s also how you look at it. If I buy a house that is 800k I will have little left over every month after paying the mortgage. So I will feel poor. It does not matter if that house goes up in value. I still have the same amount left after making the payment. I could not go out to eat very often or take nice vacations or buy big flat screens or even play nice golf courses. Now if that house drops to 600k and I buy it, I will have a much better quality of life. I will be able to spend that extra money on my leisure activities. I will feel richer! I’m hoping it drops to $400k, then I can play a few rounds at Pebble Beach 🙂
ParticipantIf it’s close to 1999 priced isn’t it also close to 1992 prices?
Jeepers, didn’t think of that. If it overshoots then we may well see ’89 pricing in some areas!
Detroit and Cleveland have already proven that homes in America can drop to essentially zero value; I wonder if the IE is next?
I remember looking at homes in Temecula in 90 or 91 and those 2500-3000 sq/ft houses were going for the high 200s to the low 300s. granted that was the peak of the last bubble but it would still be funny to show no change in value in 15+ years
ParticipantIf it’s close to 1999 priced isn’t it also close to 1992 prices?
Jeepers, didn’t think of that. If it overshoots then we may well see ’89 pricing in some areas!
Detroit and Cleveland have already proven that homes in America can drop to essentially zero value; I wonder if the IE is next?
I remember looking at homes in Temecula in 90 or 91 and those 2500-3000 sq/ft houses were going for the high 200s to the low 300s. granted that was the peak of the last bubble but it would still be funny to show no change in value in 15+ years
ParticipantIf it’s close to 1999 priced isn’t it also close to 1992 prices?
Jeepers, didn’t think of that. If it overshoots then we may well see ’89 pricing in some areas!
Detroit and Cleveland have already proven that homes in America can drop to essentially zero value; I wonder if the IE is next?
I remember looking at homes in Temecula in 90 or 91 and those 2500-3000 sq/ft houses were going for the high 200s to the low 300s. granted that was the peak of the last bubble but it would still be funny to show no change in value in 15+ years
ParticipantIf it’s close to 1999 priced isn’t it also close to 1992 prices?
Jeepers, didn’t think of that. If it overshoots then we may well see ’89 pricing in some areas!
Detroit and Cleveland have already proven that homes in America can drop to essentially zero value; I wonder if the IE is next?
I remember looking at homes in Temecula in 90 or 91 and those 2500-3000 sq/ft houses were going for the high 200s to the low 300s. granted that was the peak of the last bubble but it would still be funny to show no change in value in 15+ years
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