[jimcav]

thanks–i will watch and wait with a goal of somewhere between 350 and 400 per sq ft as an entry point depending on exact location and lot size (ie if it is the right house). that is about where i see owning trumping renting in those areas, unless rents change of course.

jim

[jimcav]

thanks–i will watch and wait with a goal of somewhere between 350 and 400 per sq ft as an entry point depending on exact location and lot size (ie if it is the right house). that is about where i see owning trumping renting in those areas, unless rents change of course.

jim

[jimcav]

thanks–i will watch and wait with a goal of somewhere between 350 and 400 per sq ft as an entry point depending on exact location and lot size (ie if it is the right house). that is about where i see owning trumping renting in those areas, unless rents change of course.

jim

[jimcav]

thanks–i will watch and wait with a goal of somewhere between 350 and 400 per sq ft as an entry point depending on exact location and lot size (ie if it is the right house). that is about where i see owning trumping renting in those areas, unless rents change of course.

jim

[jimcav]

thanks–i will watch and wait with a goal of somewhere between 350 and 400 per sq ft as an entry point depending on exact location and lot size (ie if it is the right house). that is about where i see owning trumping renting in those areas, unless rents change of course.

jim

[jimcav]

okay–well anyone familiar with west/north mission hills that feeds grant elementary or pt loma (the part up near catalina that feed silver gate elementary). obviously the lots there are driving prices higher than a lot in another good school area–poway, but i can’t ride to work from poway (well, i could, but it takes too long). I can rent, but would like to buy eventually, i’m just not clear at what price point the “desirablility” location factor is reasonable. back in 1999, you could get a small 1200 sq ft house in the hillcrest/mission hills area for near 300k. now they are 700k. to me that is way too much, but given where i want to live–MH or Pt Loma, the houses will all be older, with similar lots (I’m not talking view lots), so anyone with some experience forecasting what might be a good price point to hold out for buying–$400 sq ft? I’m guessing the 300k house won’t ever go to 300k again, but maybe 480k-550k–would that be reasonable, or do folks think it will go lower?

[jimcav]

okay–well anyone familiar with west/north mission hills that feeds grant elementary or pt loma (the part up near catalina that feed silver gate elementary). obviously the lots there are driving prices higher than a lot in another good school area–poway, but i can’t ride to work from poway (well, i could, but it takes too long). I can rent, but would like to buy eventually, i’m just not clear at what price point the “desirablility” location factor is reasonable. back in 1999, you could get a small 1200 sq ft house in the hillcrest/mission hills area for near 300k. now they are 700k. to me that is way too much, but given where i want to live–MH or Pt Loma, the houses will all be older, with similar lots (I’m not talking view lots), so anyone with some experience forecasting what might be a good price point to hold out for buying–$400 sq ft? I’m guessing the 300k house won’t ever go to 300k again, but maybe 480k-550k–would that be reasonable, or do folks think it will go lower?

[jimcav]

okay–well anyone familiar with west/north mission hills that feeds grant elementary or pt loma (the part up near catalina that feed silver gate elementary). obviously the lots there are driving prices higher than a lot in another good school area–poway, but i can’t ride to work from poway (well, i could, but it takes too long). I can rent, but would like to buy eventually, i’m just not clear at what price point the “desirablility” location factor is reasonable. back in 1999, you could get a small 1200 sq ft house in the hillcrest/mission hills area for near 300k. now they are 700k. to me that is way too much, but given where i want to live–MH or Pt Loma, the houses will all be older, with similar lots (I’m not talking view lots), so anyone with some experience forecasting what might be a good price point to hold out for buying–$400 sq ft? I’m guessing the 300k house won’t ever go to 300k again, but maybe 480k-550k–would that be reasonable, or do folks think it will go lower?

[jimcav]

okay–well anyone familiar with west/north mission hills that feeds grant elementary or pt loma (the part up near catalina that feed silver gate elementary). obviously the lots there are driving prices higher than a lot in another good school area–poway, but i can’t ride to work from poway (well, i could, but it takes too long). I can rent, but would like to buy eventually, i’m just not clear at what price point the “desirablility” location factor is reasonable. back in 1999, you could get a small 1200 sq ft house in the hillcrest/mission hills area for near 300k. now they are 700k. to me that is way too much, but given where i want to live–MH or Pt Loma, the houses will all be older, with similar lots (I’m not talking view lots), so anyone with some experience forecasting what might be a good price point to hold out for buying–$400 sq ft? I’m guessing the 300k house won’t ever go to 300k again, but maybe 480k-550k–would that be reasonable, or do folks think it will go lower?

[jimcav]

okay–well anyone familiar with west/north mission hills that feeds grant elementary or pt loma (the part up near catalina that feed silver gate elementary). obviously the lots there are driving prices higher than a lot in another good school area–poway, but i can’t ride to work from poway (well, i could, but it takes too long). I can rent, but would like to buy eventually, i’m just not clear at what price point the “desirablility” location factor is reasonable. back in 1999, you could get a small 1200 sq ft house in the hillcrest/mission hills area for near 300k. now they are 700k. to me that is way too much, but given where i want to live–MH or Pt Loma, the houses will all be older, with similar lots (I’m not talking view lots), so anyone with some experience forecasting what might be a good price point to hold out for buying–$400 sq ft? I’m guessing the 300k house won’t ever go to 300k again, but maybe 480k-550k–would that be reasonable, or do folks think it will go lower?

[jimcav]

zac, thanks–i’d want 1500 sq ft minimum, and currently houses that feed the schools i want are over 700k, which to me is just too high. 600k 30yr fixed mortgage is going to run at least 3500 plus insurance,taxes, closer to 4500 total. comparable or bigger homes renting is possible at under 3k/mo in those areas (mission hills, pt loma).

does anyone see pt loma and mission hills reaching $300 per sq ft w/n 2-3 years?
thanks
jim

[jimcav]

zac, thanks–i’d want 1500 sq ft minimum, and currently houses that feed the schools i want are over 700k, which to me is just too high. 600k 30yr fixed mortgage is going to run at least 3500 plus insurance,taxes, closer to 4500 total. comparable or bigger homes renting is possible at under 3k/mo in those areas (mission hills, pt loma).

does anyone see pt loma and mission hills reaching $300 per sq ft w/n 2-3 years?
thanks
jim

[jimcav]

zac, thanks–i’d want 1500 sq ft minimum, and currently houses that feed the schools i want are over 700k, which to me is just too high. 600k 30yr fixed mortgage is going to run at least 3500 plus insurance,taxes, closer to 4500 total. comparable or bigger homes renting is possible at under 3k/mo in those areas (mission hills, pt loma).

does anyone see pt loma and mission hills reaching $300 per sq ft w/n 2-3 years?
thanks
jim

[jimcav]

zac, thanks–i’d want 1500 sq ft minimum, and currently houses that feed the schools i want are over 700k, which to me is just too high. 600k 30yr fixed mortgage is going to run at least 3500 plus insurance,taxes, closer to 4500 total. comparable or bigger homes renting is possible at under 3k/mo in those areas (mission hills, pt loma).

does anyone see pt loma and mission hills reaching $300 per sq ft w/n 2-3 years?
thanks
jim

[jimcav]

zac, thanks–i’d want 1500 sq ft minimum, and currently houses that feed the schools i want are over 700k, which to me is just too high. 600k 30yr fixed mortgage is going to run at least 3500 plus insurance,taxes, closer to 4500 total. comparable or bigger homes renting is possible at under 3k/mo in those areas (mission hills, pt loma).

does anyone see pt loma and mission hills reaching $300 per sq ft w/n 2-3 years?
thanks
jim

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