[JJGittes]

Or, just to posit a third (and likely unpopular on piggington) option, you could shop around and see if there is a house available right now that you would want, and that you could strike a decent deal on, and sell your place and simply buy the new one.

ie No market timing, the move is simply lateral at current market conditions for both the sell and the buy, for better or worse.

Of course, interest rates now are just a bit funky…..

[JJGittes]

Its not the short sale, its just the pics and the house…yuck.

[JJGittes]

Its not the short sale, its just the pics and the house…yuck.

[JJGittes]

Its not the short sale, its just the pics and the house…yuck.

[JJGittes]

San Elijo has been hurting for going on years now. That said, I grabbed for a barf bag when I saw the enc. short sale noted above.

[JJGittes]

San Elijo has been hurting for going on years now. That said, I grabbed for a barf bag when I saw the enc. short sale noted above.

[JJGittes]

San Elijo has been hurting for going on years now. That said, I grabbed for a barf bag when I saw the enc. short sale noted above.

[JJGittes]

Long term view is good. As ugly as RE appears now, the fact of the matter is that nearly everybody I know who is in their late 40’s and older in the SD area, and has big money, made most of it thru real estate.

There are a few who hit big with qcom, a few who earned it simply from their jobs (I have a plastic surgeon friend), and a smattering of others, but the vast majority of ‘regular’ folks I know who did well attribute it to California RE.

I don’t know what lies ahead in the near future, but a lot of people have done very well in this state over the long haul with RE.

You have to go a long way east to get the Coronado, LJ, Del Mar, Solana Bch, Enc, Carlsbad scene anywhere else, if you can even find it on the other coast…

[JJGittes]

Long term view is good. As ugly as RE appears now, the fact of the matter is that nearly everybody I know who is in their late 40’s and older in the SD area, and has big money, made most of it thru real estate.

There are a few who hit big with qcom, a few who earned it simply from their jobs (I have a plastic surgeon friend), and a smattering of others, but the vast majority of ‘regular’ folks I know who did well attribute it to California RE.

I don’t know what lies ahead in the near future, but a lot of people have done very well in this state over the long haul with RE.

You have to go a long way east to get the Coronado, LJ, Del Mar, Solana Bch, Enc, Carlsbad scene anywhere else, if you can even find it on the other coast…

[JJGittes]

Long term view is good. As ugly as RE appears now, the fact of the matter is that nearly everybody I know who is in their late 40’s and older in the SD area, and has big money, made most of it thru real estate.

There are a few who hit big with qcom, a few who earned it simply from their jobs (I have a plastic surgeon friend), and a smattering of others, but the vast majority of ‘regular’ folks I know who did well attribute it to California RE.

I don’t know what lies ahead in the near future, but a lot of people have done very well in this state over the long haul with RE.

You have to go a long way east to get the Coronado, LJ, Del Mar, Solana Bch, Enc, Carlsbad scene anywhere else, if you can even find it on the other coast…

[JJGittes]

I’m in no rush, but I am also in the minority in that I don’t care a whole lot about what prices do as long as the home I currently own holds up well against where I want to go. Since I am not a market timer when it comes to my primary residence (which I’ve owned since 1998), moving for me at some future point will be just a lateral transfer of equity (since I don’t see a long term rental as a viable thing for our family). Of course you want to maximize the sell/buy deals for yourself, but I am not going to lose sleep over it.

Now, if I had been a renter for the last 10 years and I was looking for a place to jump in, I might feel differently and consider waiting this thing out some more, as most on this site seem to favor.

[JJGittes]

I’m in no rush, but I am also in the minority in that I don’t care a whole lot about what prices do as long as the home I currently own holds up well against where I want to go. Since I am not a market timer when it comes to my primary residence (which I’ve owned since 1998), moving for me at some future point will be just a lateral transfer of equity (since I don’t see a long term rental as a viable thing for our family). Of course you want to maximize the sell/buy deals for yourself, but I am not going to lose sleep over it.

Now, if I had been a renter for the last 10 years and I was looking for a place to jump in, I might feel differently and consider waiting this thing out some more, as most on this site seem to favor.

[JJGittes]

Question: if the number of listings are down 20% from last year, why does that portend declines in your submarket? Less inventory is not usually bad for prices, correct?

[JJGittes]

Question: if the number of listings are down 20% from last year, why does that portend declines in your submarket? Less inventory is not usually bad for prices, correct?

[JJGittes]

Ever heard of the San Diego Iditarod?

It’s a barefooted kid being pulled on a skateboard by two pit bulls from El Cajon to OB….

[Author]

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