Forum Replies Created
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little lady
ParticipantI don’t believe all these people feel they are NOT being logical. They know they are buying in a buyers market. They are paying rent. If they come from an area in San Diego where their rent is in the 2k range, they are still close to the payment on this house, and they NOW have a tax write off.
I too am an independant thinker. I question EVERY one even myself.
I needed to hear a good argument on why I am wrong in being worried about my “lowball” offer not being accepted and that maybe I misjudged. I thought maybe other areas, all the “better ones” are still correcting but maybe some are done. I needed to hear that I am wrong for that
little lady
ParticipantI don’t believe all these people feel they are NOT being logical. They know they are buying in a buyers market. They are paying rent. If they come from an area in San Diego where their rent is in the 2k range, they are still close to the payment on this house, and they NOW have a tax write off.
I too am an independant thinker. I question EVERY one even myself.
I needed to hear a good argument on why I am wrong in being worried about my “lowball” offer not being accepted and that maybe I misjudged. I thought maybe other areas, all the “better ones” are still correcting but maybe some are done. I needed to hear that I am wrong for that
little lady
ParticipantI don’t believe all these people feel they are NOT being logical. They know they are buying in a buyers market. They are paying rent. If they come from an area in San Diego where their rent is in the 2k range, they are still close to the payment on this house, and they NOW have a tax write off.
I too am an independant thinker. I question EVERY one even myself.
I needed to hear a good argument on why I am wrong in being worried about my “lowball” offer not being accepted and that maybe I misjudged. I thought maybe other areas, all the “better ones” are still correcting but maybe some are done. I needed to hear that I am wrong for that
little lady
ParticipantI don’t believe all these people feel they are NOT being logical. They know they are buying in a buyers market. They are paying rent. If they come from an area in San Diego where their rent is in the 2k range, they are still close to the payment on this house, and they NOW have a tax write off.
I too am an independant thinker. I question EVERY one even myself.
I needed to hear a good argument on why I am wrong in being worried about my “lowball” offer not being accepted and that maybe I misjudged. I thought maybe other areas, all the “better ones” are still correcting but maybe some are done. I needed to hear that I am wrong for that
little lady
Participant“5 – Median price for the closed sales this last quarter was $401,383, which is now only 5.12 x the average annual household income in town ($78,250). By contrast, the median price in 1999 ($191,499) was only 3.6 times the then-median household income level of $53,624. To do that in the here and now, the current medians would have to drop to $281,700. ”
I read the median was in the 300k range, at present. Not far from 281k….
I really hope the 281k is correct and that’s what happens, but where are these people comming from?
My realtor isn’t the only one saying Poway is getting 5/6 bids on a house. I’ve read it here too.
Thanks ex-sd good article, I’ll show it to my hubby…..
little lady
Participant“5 – Median price for the closed sales this last quarter was $401,383, which is now only 5.12 x the average annual household income in town ($78,250). By contrast, the median price in 1999 ($191,499) was only 3.6 times the then-median household income level of $53,624. To do that in the here and now, the current medians would have to drop to $281,700. ”
I read the median was in the 300k range, at present. Not far from 281k….
I really hope the 281k is correct and that’s what happens, but where are these people comming from?
My realtor isn’t the only one saying Poway is getting 5/6 bids on a house. I’ve read it here too.
Thanks ex-sd good article, I’ll show it to my hubby…..
little lady
Participant“5 – Median price for the closed sales this last quarter was $401,383, which is now only 5.12 x the average annual household income in town ($78,250). By contrast, the median price in 1999 ($191,499) was only 3.6 times the then-median household income level of $53,624. To do that in the here and now, the current medians would have to drop to $281,700. ”
I read the median was in the 300k range, at present. Not far from 281k….
I really hope the 281k is correct and that’s what happens, but where are these people comming from?
My realtor isn’t the only one saying Poway is getting 5/6 bids on a house. I’ve read it here too.
Thanks ex-sd good article, I’ll show it to my hubby…..
little lady
Participant“5 – Median price for the closed sales this last quarter was $401,383, which is now only 5.12 x the average annual household income in town ($78,250). By contrast, the median price in 1999 ($191,499) was only 3.6 times the then-median household income level of $53,624. To do that in the here and now, the current medians would have to drop to $281,700. ”
I read the median was in the 300k range, at present. Not far from 281k….
I really hope the 281k is correct and that’s what happens, but where are these people comming from?
My realtor isn’t the only one saying Poway is getting 5/6 bids on a house. I’ve read it here too.
Thanks ex-sd good article, I’ll show it to my hubby…..
little lady
Participant“5 – Median price for the closed sales this last quarter was $401,383, which is now only 5.12 x the average annual household income in town ($78,250). By contrast, the median price in 1999 ($191,499) was only 3.6 times the then-median household income level of $53,624. To do that in the here and now, the current medians would have to drop to $281,700. ”
I read the median was in the 300k range, at present. Not far from 281k….
I really hope the 281k is correct and that’s what happens, but where are these people comming from?
My realtor isn’t the only one saying Poway is getting 5/6 bids on a house. I’ve read it here too.
Thanks ex-sd good article, I’ll show it to my hubby…..
little lady
Participant“You probably won’t see the bottom until 2011-2012 and by then, there will be plenty of houses to choose from. And after the bottom is finally found, prices are not going to magically zoom upward again for a loooooooong time. Any rational, logical person can simply look at all the information that is readily available on all the major, news websites and in newspapers to see which direction the economy is headed for the next few years and what’s going to continue to happen in the housing market.”
This is not just one house.
Another sold earlier this week, “a piece of sh**”…
Though I am hopeful of this happening,so that I can scoop up the house of my dreams for a song. I am afraid that somehow the lunacy maybe struggling to continue. My husband keeps saying these people bidding up this house are stupid, they are keeping the overpriced market from falling.
I see the number of listing dropping drastically instead of rising. Though I do see the “plain vanilla median” dropping.
My kids are calling to me constantly “there’s another one”, “there’s another one” “these ones have kids”……….this is 2:oo in the afternoon on a Tuesday! Whole families are available @ 2 o’clock during the middle of the week?……..
I am hopeful this is spring bounce……
little lady
Participant“You probably won’t see the bottom until 2011-2012 and by then, there will be plenty of houses to choose from. And after the bottom is finally found, prices are not going to magically zoom upward again for a loooooooong time. Any rational, logical person can simply look at all the information that is readily available on all the major, news websites and in newspapers to see which direction the economy is headed for the next few years and what’s going to continue to happen in the housing market.”
This is not just one house.
Another sold earlier this week, “a piece of sh**”…
Though I am hopeful of this happening,so that I can scoop up the house of my dreams for a song. I am afraid that somehow the lunacy maybe struggling to continue. My husband keeps saying these people bidding up this house are stupid, they are keeping the overpriced market from falling.
I see the number of listing dropping drastically instead of rising. Though I do see the “plain vanilla median” dropping.
My kids are calling to me constantly “there’s another one”, “there’s another one” “these ones have kids”……….this is 2:oo in the afternoon on a Tuesday! Whole families are available @ 2 o’clock during the middle of the week?……..
I am hopeful this is spring bounce……
little lady
Participant“You probably won’t see the bottom until 2011-2012 and by then, there will be plenty of houses to choose from. And after the bottom is finally found, prices are not going to magically zoom upward again for a loooooooong time. Any rational, logical person can simply look at all the information that is readily available on all the major, news websites and in newspapers to see which direction the economy is headed for the next few years and what’s going to continue to happen in the housing market.”
This is not just one house.
Another sold earlier this week, “a piece of sh**”…
Though I am hopeful of this happening,so that I can scoop up the house of my dreams for a song. I am afraid that somehow the lunacy maybe struggling to continue. My husband keeps saying these people bidding up this house are stupid, they are keeping the overpriced market from falling.
I see the number of listing dropping drastically instead of rising. Though I do see the “plain vanilla median” dropping.
My kids are calling to me constantly “there’s another one”, “there’s another one” “these ones have kids”……….this is 2:oo in the afternoon on a Tuesday! Whole families are available @ 2 o’clock during the middle of the week?……..
I am hopeful this is spring bounce……
little lady
Participant“You probably won’t see the bottom until 2011-2012 and by then, there will be plenty of houses to choose from. And after the bottom is finally found, prices are not going to magically zoom upward again for a loooooooong time. Any rational, logical person can simply look at all the information that is readily available on all the major, news websites and in newspapers to see which direction the economy is headed for the next few years and what’s going to continue to happen in the housing market.”
This is not just one house.
Another sold earlier this week, “a piece of sh**”…
Though I am hopeful of this happening,so that I can scoop up the house of my dreams for a song. I am afraid that somehow the lunacy maybe struggling to continue. My husband keeps saying these people bidding up this house are stupid, they are keeping the overpriced market from falling.
I see the number of listing dropping drastically instead of rising. Though I do see the “plain vanilla median” dropping.
My kids are calling to me constantly “there’s another one”, “there’s another one” “these ones have kids”……….this is 2:oo in the afternoon on a Tuesday! Whole families are available @ 2 o’clock during the middle of the week?……..
I am hopeful this is spring bounce……
little lady
Participant“You probably won’t see the bottom until 2011-2012 and by then, there will be plenty of houses to choose from. And after the bottom is finally found, prices are not going to magically zoom upward again for a loooooooong time. Any rational, logical person can simply look at all the information that is readily available on all the major, news websites and in newspapers to see which direction the economy is headed for the next few years and what’s going to continue to happen in the housing market.”
This is not just one house.
Another sold earlier this week, “a piece of sh**”…
Though I am hopeful of this happening,so that I can scoop up the house of my dreams for a song. I am afraid that somehow the lunacy maybe struggling to continue. My husband keeps saying these people bidding up this house are stupid, they are keeping the overpriced market from falling.
I see the number of listing dropping drastically instead of rising. Though I do see the “plain vanilla median” dropping.
My kids are calling to me constantly “there’s another one”, “there’s another one” “these ones have kids”……….this is 2:oo in the afternoon on a Tuesday! Whole families are available @ 2 o’clock during the middle of the week?……..
I am hopeful this is spring bounce……
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