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November 5, 2010 at 3:40 PM in reply to: The Fed’s $600 Billion Statement, Translated Into Plain English #627452November 5, 2010 at 3:40 PM in reply to: The Fed’s $600 Billion Statement, Translated Into Plain English #627529
lepetitangel
ParticipantInteresting comments and ideas.
Flu are you in the biotech industry? I work for Life Tech and I agree with your points that not EVERYONE is in trouble and we should not generalize things.I just want to say Bernenke is really screwing upper/middle class Americans who still make good income, save, and are responsible and pay their mortgages on time. The FED is devaluing our money and reducing our spending power. The only good thing with the low rate is that we finally refi with a 30-year fixed at 4%. But…the money I put aside for buying a house is getting devalued by their actions.
I’m hoping, and I’m fairly sure housing is not going up anytime soon. I was planning on buying a house maybe late next year (which I hope prices will hit bottom then)…but I’m also worried about deflationary problems afterwards.
Anyways, the financial system in the US encourages irresponsibility and this is really unfair!
November 5, 2010 at 3:40 PM in reply to: The Fed’s $600 Billion Statement, Translated Into Plain English #628088lepetitangel
ParticipantInteresting comments and ideas.
Flu are you in the biotech industry? I work for Life Tech and I agree with your points that not EVERYONE is in trouble and we should not generalize things.I just want to say Bernenke is really screwing upper/middle class Americans who still make good income, save, and are responsible and pay their mortgages on time. The FED is devaluing our money and reducing our spending power. The only good thing with the low rate is that we finally refi with a 30-year fixed at 4%. But…the money I put aside for buying a house is getting devalued by their actions.
I’m hoping, and I’m fairly sure housing is not going up anytime soon. I was planning on buying a house maybe late next year (which I hope prices will hit bottom then)…but I’m also worried about deflationary problems afterwards.
Anyways, the financial system in the US encourages irresponsibility and this is really unfair!
November 5, 2010 at 3:40 PM in reply to: The Fed’s $600 Billion Statement, Translated Into Plain English #628214lepetitangel
ParticipantInteresting comments and ideas.
Flu are you in the biotech industry? I work for Life Tech and I agree with your points that not EVERYONE is in trouble and we should not generalize things.I just want to say Bernenke is really screwing upper/middle class Americans who still make good income, save, and are responsible and pay their mortgages on time. The FED is devaluing our money and reducing our spending power. The only good thing with the low rate is that we finally refi with a 30-year fixed at 4%. But…the money I put aside for buying a house is getting devalued by their actions.
I’m hoping, and I’m fairly sure housing is not going up anytime soon. I was planning on buying a house maybe late next year (which I hope prices will hit bottom then)…but I’m also worried about deflationary problems afterwards.
Anyways, the financial system in the US encourages irresponsibility and this is really unfair!
November 5, 2010 at 3:40 PM in reply to: The Fed’s $600 Billion Statement, Translated Into Plain English #628526lepetitangel
ParticipantInteresting comments and ideas.
Flu are you in the biotech industry? I work for Life Tech and I agree with your points that not EVERYONE is in trouble and we should not generalize things.I just want to say Bernenke is really screwing upper/middle class Americans who still make good income, save, and are responsible and pay their mortgages on time. The FED is devaluing our money and reducing our spending power. The only good thing with the low rate is that we finally refi with a 30-year fixed at 4%. But…the money I put aside for buying a house is getting devalued by their actions.
I’m hoping, and I’m fairly sure housing is not going up anytime soon. I was planning on buying a house maybe late next year (which I hope prices will hit bottom then)…but I’m also worried about deflationary problems afterwards.
Anyways, the financial system in the US encourages irresponsibility and this is really unfair!
lepetitangel
ParticipantHi Flu
I was looking back at some data and some smallest plan in San Raphael sold for about $675K (1950-sqft). The model in Sausalito (1730-sqft) asking for $680~$700K just seems rediculous.
I know there’s nothing between $600~$650K in either community, but if I have to stretch myself and go towards mid/high $600K I’d like to get more square-footage?
Wouldn’t you say a 1950-saft San Raphael house should worth more than a 1740-sqft Sausalio house?
Also HOA in San Raphael is $160 with mello-roos $900/year. Sausalito HOA is $110 with mello-roos $1500/year. so that cost add up to be about the same for both communities.
Which community will hold values better? gated? or being close to Torrey Hill park?
lepetitangel
ParticipantHi Flu
I was looking back at some data and some smallest plan in San Raphael sold for about $675K (1950-sqft). The model in Sausalito (1730-sqft) asking for $680~$700K just seems rediculous.
I know there’s nothing between $600~$650K in either community, but if I have to stretch myself and go towards mid/high $600K I’d like to get more square-footage?
Wouldn’t you say a 1950-saft San Raphael house should worth more than a 1740-sqft Sausalio house?
Also HOA in San Raphael is $160 with mello-roos $900/year. Sausalito HOA is $110 with mello-roos $1500/year. so that cost add up to be about the same for both communities.
Which community will hold values better? gated? or being close to Torrey Hill park?
lepetitangel
ParticipantHi Flu
I was looking back at some data and some smallest plan in San Raphael sold for about $675K (1950-sqft). The model in Sausalito (1730-sqft) asking for $680~$700K just seems rediculous.
I know there’s nothing between $600~$650K in either community, but if I have to stretch myself and go towards mid/high $600K I’d like to get more square-footage?
Wouldn’t you say a 1950-saft San Raphael house should worth more than a 1740-sqft Sausalio house?
Also HOA in San Raphael is $160 with mello-roos $900/year. Sausalito HOA is $110 with mello-roos $1500/year. so that cost add up to be about the same for both communities.
Which community will hold values better? gated? or being close to Torrey Hill park?
lepetitangel
ParticipantHi Flu
I was looking back at some data and some smallest plan in San Raphael sold for about $675K (1950-sqft). The model in Sausalito (1730-sqft) asking for $680~$700K just seems rediculous.
I know there’s nothing between $600~$650K in either community, but if I have to stretch myself and go towards mid/high $600K I’d like to get more square-footage?
Wouldn’t you say a 1950-saft San Raphael house should worth more than a 1740-sqft Sausalio house?
Also HOA in San Raphael is $160 with mello-roos $900/year. Sausalito HOA is $110 with mello-roos $1500/year. so that cost add up to be about the same for both communities.
Which community will hold values better? gated? or being close to Torrey Hill park?
lepetitangel
ParticipantHi Flu
I was looking back at some data and some smallest plan in San Raphael sold for about $675K (1950-sqft). The model in Sausalito (1730-sqft) asking for $680~$700K just seems rediculous.
I know there’s nothing between $600~$650K in either community, but if I have to stretch myself and go towards mid/high $600K I’d like to get more square-footage?
Wouldn’t you say a 1950-saft San Raphael house should worth more than a 1740-sqft Sausalio house?
Also HOA in San Raphael is $160 with mello-roos $900/year. Sausalito HOA is $110 with mello-roos $1500/year. so that cost add up to be about the same for both communities.
Which community will hold values better? gated? or being close to Torrey Hill park?
lepetitangel
ParticipantIc.
I think it depends on how desperate the sellers are. Unless they can find people who’re willing to pay for their asking price.
I was looking at San Raphael community and it was built by the same builder as Sausalito.
What do you guys think of San Raphael vs. Sausalito?
HOA + mello roos for the two are roughly the same, and San Raphael seems to have slightly lower price/sqft.
Any thought?lepetitangel
ParticipantIc.
I think it depends on how desperate the sellers are. Unless they can find people who’re willing to pay for their asking price.
I was looking at San Raphael community and it was built by the same builder as Sausalito.
What do you guys think of San Raphael vs. Sausalito?
HOA + mello roos for the two are roughly the same, and San Raphael seems to have slightly lower price/sqft.
Any thought?lepetitangel
ParticipantIc.
I think it depends on how desperate the sellers are. Unless they can find people who’re willing to pay for their asking price.
I was looking at San Raphael community and it was built by the same builder as Sausalito.
What do you guys think of San Raphael vs. Sausalito?
HOA + mello roos for the two are roughly the same, and San Raphael seems to have slightly lower price/sqft.
Any thought?lepetitangel
ParticipantIc.
I think it depends on how desperate the sellers are. Unless they can find people who’re willing to pay for their asking price.
I was looking at San Raphael community and it was built by the same builder as Sausalito.
What do you guys think of San Raphael vs. Sausalito?
HOA + mello roos for the two are roughly the same, and San Raphael seems to have slightly lower price/sqft.
Any thought?lepetitangel
ParticipantIc.
I think it depends on how desperate the sellers are. Unless they can find people who’re willing to pay for their asking price.
I was looking at San Raphael community and it was built by the same builder as Sausalito.
What do you guys think of San Raphael vs. Sausalito?
HOA + mello roos for the two are roughly the same, and San Raphael seems to have slightly lower price/sqft.
Any thought? -
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