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Somewhat OT – Just wanted to express my thoughts on houses in the Bay Area vs San Diego, not pricing, just architecture.

Setting aside the size of the houses or the lot size, I will just comment on some of the houses in San Francisco specifically. Some of those old Victorians are the most beautiful homes. They don’t make them like that any more. Economically, it would be prohibitive cost-wise. The character and style are uncommon today.

It sounds like people are interested in purchasing very large Tuscany-style houses on large lots, which I don’t deny are truly exceptional. But I personally am partial to the older style homes. Maybe b/c it reminds me more of the East Coast, where I’m from, and you just don’t see too many of them here on the west. Makes me nostalgic.

But having lived in Italy for a few years, it always eye-opening to see the Tuscany-style houses, quite a vision of grandeur.

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Somewhat OT – Just wanted to express my thoughts on houses in the Bay Area vs San Diego, not pricing, just architecture.

Setting aside the size of the houses or the lot size, I will just comment on some of the houses in San Francisco specifically. Some of those old Victorians are the most beautiful homes. They don’t make them like that any more. Economically, it would be prohibitive cost-wise. The character and style are uncommon today.

It sounds like people are interested in purchasing very large Tuscany-style houses on large lots, which I don’t deny are truly exceptional. But I personally am partial to the older style homes. Maybe b/c it reminds me more of the East Coast, where I’m from, and you just don’t see too many of them here on the west. Makes me nostalgic.

But having lived in Italy for a few years, it always eye-opening to see the Tuscany-style houses, quite a vision of grandeur.

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patiently – I think you are right. There is more optimism out there than I anticipated. I’ve seen some places for sale w/price increases. Defiant almost.

I was at the dentist waiting, flipping through a Times magazine. Don’t remember what issue, somewhat recent. Toward the end, a bullish article titled something like “Ignore the headlines,” touting buy when there’s blood in the streets – now.

Bugs – I’m a little confused. Talk about catching falling knives and dead cat bounce. If prices are expected to continue to decline, then it’s best to wait. Some properties may look like deals now at 15 to 20% discount. But if there is anticipated inventory on the way by year’s end, would it be too unrealistic to see another 10% chop?

Seems the lower end places will have more people interested, but wouldn’t it be true at most price ranges. The people interested in lower priced homes will be scramble to get something they can afford, as the median is trying to get a deal on the median and the higher priced homes will attract many higher income people looking for a deal on higher priced homes.

FWIW – I haven’t met anyone new to the area – living here, there is. Plenty of tourists. My engaged cousin 20 something just got a job offer in O.C. One less renter or potential entry level homebuyer in S.D.

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patiently – I think you are right. There is more optimism out there than I anticipated. I’ve seen some places for sale w/price increases. Defiant almost.

I was at the dentist waiting, flipping through a Times magazine. Don’t remember what issue, somewhat recent. Toward the end, a bullish article titled something like “Ignore the headlines,” touting buy when there’s blood in the streets – now.

Bugs – I’m a little confused. Talk about catching falling knives and dead cat bounce. If prices are expected to continue to decline, then it’s best to wait. Some properties may look like deals now at 15 to 20% discount. But if there is anticipated inventory on the way by year’s end, would it be too unrealistic to see another 10% chop?

Seems the lower end places will have more people interested, but wouldn’t it be true at most price ranges. The people interested in lower priced homes will be scramble to get something they can afford, as the median is trying to get a deal on the median and the higher priced homes will attract many higher income people looking for a deal on higher priced homes.

FWIW – I haven’t met anyone new to the area – living here, there is. Plenty of tourists. My engaged cousin 20 something just got a job offer in O.C. One less renter or potential entry level homebuyer in S.D.

[jpinpb]

patiently – I think you are right. There is more optimism out there than I anticipated. I’ve seen some places for sale w/price increases. Defiant almost.

I was at the dentist waiting, flipping through a Times magazine. Don’t remember what issue, somewhat recent. Toward the end, a bullish article titled something like “Ignore the headlines,” touting buy when there’s blood in the streets – now.

Bugs – I’m a little confused. Talk about catching falling knives and dead cat bounce. If prices are expected to continue to decline, then it’s best to wait. Some properties may look like deals now at 15 to 20% discount. But if there is anticipated inventory on the way by year’s end, would it be too unrealistic to see another 10% chop?

Seems the lower end places will have more people interested, but wouldn’t it be true at most price ranges. The people interested in lower priced homes will be scramble to get something they can afford, as the median is trying to get a deal on the median and the higher priced homes will attract many higher income people looking for a deal on higher priced homes.

FWIW – I haven’t met anyone new to the area – living here, there is. Plenty of tourists. My engaged cousin 20 something just got a job offer in O.C. One less renter or potential entry level homebuyer in S.D.

[jpinpb]

patiently – I think you are right. There is more optimism out there than I anticipated. I’ve seen some places for sale w/price increases. Defiant almost.

I was at the dentist waiting, flipping through a Times magazine. Don’t remember what issue, somewhat recent. Toward the end, a bullish article titled something like “Ignore the headlines,” touting buy when there’s blood in the streets – now.

Bugs – I’m a little confused. Talk about catching falling knives and dead cat bounce. If prices are expected to continue to decline, then it’s best to wait. Some properties may look like deals now at 15 to 20% discount. But if there is anticipated inventory on the way by year’s end, would it be too unrealistic to see another 10% chop?

Seems the lower end places will have more people interested, but wouldn’t it be true at most price ranges. The people interested in lower priced homes will be scramble to get something they can afford, as the median is trying to get a deal on the median and the higher priced homes will attract many higher income people looking for a deal on higher priced homes.

FWIW – I haven’t met anyone new to the area – living here, there is. Plenty of tourists. My engaged cousin 20 something just got a job offer in O.C. One less renter or potential entry level homebuyer in S.D.

[jpinpb]

patiently – I think you are right. There is more optimism out there than I anticipated. I’ve seen some places for sale w/price increases. Defiant almost.

I was at the dentist waiting, flipping through a Times magazine. Don’t remember what issue, somewhat recent. Toward the end, a bullish article titled something like “Ignore the headlines,” touting buy when there’s blood in the streets – now.

Bugs – I’m a little confused. Talk about catching falling knives and dead cat bounce. If prices are expected to continue to decline, then it’s best to wait. Some properties may look like deals now at 15 to 20% discount. But if there is anticipated inventory on the way by year’s end, would it be too unrealistic to see another 10% chop?

Seems the lower end places will have more people interested, but wouldn’t it be true at most price ranges. The people interested in lower priced homes will be scramble to get something they can afford, as the median is trying to get a deal on the median and the higher priced homes will attract many higher income people looking for a deal on higher priced homes.

FWIW – I haven’t met anyone new to the area – living here, there is. Plenty of tourists. My engaged cousin 20 something just got a job offer in O.C. One less renter or potential entry level homebuyer in S.D.

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Some things are more important than money. I tried to explain this to someone once. If I saw a place I loved and it was in my budget that I could afford, I would buy it. If it fell in value, I would not panic. There are no guarantees in life. If I lost my job and couldn’t afford the place, then I’d panic. If it lost value on paper, then it’s a bummer, but as long as I still love the place and can make the payments, then I wouldn’t care. But that’s just me and I know many people don’t think as I do.

[jpinpb]

Some things are more important than money. I tried to explain this to someone once. If I saw a place I loved and it was in my budget that I could afford, I would buy it. If it fell in value, I would not panic. There are no guarantees in life. If I lost my job and couldn’t afford the place, then I’d panic. If it lost value on paper, then it’s a bummer, but as long as I still love the place and can make the payments, then I wouldn’t care. But that’s just me and I know many people don’t think as I do.

[jpinpb]

Some things are more important than money. I tried to explain this to someone once. If I saw a place I loved and it was in my budget that I could afford, I would buy it. If it fell in value, I would not panic. There are no guarantees in life. If I lost my job and couldn’t afford the place, then I’d panic. If it lost value on paper, then it’s a bummer, but as long as I still love the place and can make the payments, then I wouldn’t care. But that’s just me and I know many people don’t think as I do.

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