[mercedes7]

Seaward…I work in Serra Mesa, 92123. Guess we are competition, but don’t worry, I’m a pushover.

SD Realtor…thanks for your perspective. I will continue to look, but have decided not to jump into anything unless/until I find something I really like. Will be looking daily this winter.

I am not convinced that all this government intervention will (in the end) save our economy, but that remains to be seen. At some point these banks have to start taking possession of these homes and ultimatley dispose of them some how. Very interesting thread right now about people living in homes for a long time and not making their payments, thus providing extra cash flow to do other things with. Eventually that has to stop. As far as interest rates, Geither came out with news that they would be lengthing bond maturities which should steepen the yield curve and cause interest rates to tick up a bit (we shall see).

Temeculaguy, I read your forum with interest when you bought your house. I think you have a pretty interesting perspective on the SD market too, as you were the one who argued that there will be a floor under certain areas. That got me to thinking and start looking. Temecula would be too far of a commute, but the idea of having no house payment is tempting.

Anyway, thanks for info…I’ll keep you posted.

[mercedes7]

Seaward…I work in Serra Mesa, 92123. Guess we are competition, but don’t worry, I’m a pushover.

SD Realtor…thanks for your perspective. I will continue to look, but have decided not to jump into anything unless/until I find something I really like. Will be looking daily this winter.

I am not convinced that all this government intervention will (in the end) save our economy, but that remains to be seen. At some point these banks have to start taking possession of these homes and ultimatley dispose of them some how. Very interesting thread right now about people living in homes for a long time and not making their payments, thus providing extra cash flow to do other things with. Eventually that has to stop. As far as interest rates, Geither came out with news that they would be lengthing bond maturities which should steepen the yield curve and cause interest rates to tick up a bit (we shall see).

Temeculaguy, I read your forum with interest when you bought your house. I think you have a pretty interesting perspective on the SD market too, as you were the one who argued that there will be a floor under certain areas. That got me to thinking and start looking. Temecula would be too far of a commute, but the idea of having no house payment is tempting.

Anyway, thanks for info…I’ll keep you posted.

[mercedes7]

Seaward…I work in Serra Mesa, 92123. Guess we are competition, but don’t worry, I’m a pushover.

SD Realtor…thanks for your perspective. I will continue to look, but have decided not to jump into anything unless/until I find something I really like. Will be looking daily this winter.

I am not convinced that all this government intervention will (in the end) save our economy, but that remains to be seen. At some point these banks have to start taking possession of these homes and ultimatley dispose of them some how. Very interesting thread right now about people living in homes for a long time and not making their payments, thus providing extra cash flow to do other things with. Eventually that has to stop. As far as interest rates, Geither came out with news that they would be lengthing bond maturities which should steepen the yield curve and cause interest rates to tick up a bit (we shall see).

Temeculaguy, I read your forum with interest when you bought your house. I think you have a pretty interesting perspective on the SD market too, as you were the one who argued that there will be a floor under certain areas. That got me to thinking and start looking. Temecula would be too far of a commute, but the idea of having no house payment is tempting.

Anyway, thanks for info…I’ll keep you posted.

[mercedes7]

Seaward…I work in Serra Mesa, 92123. Guess we are competition, but don’t worry, I’m a pushover.

SD Realtor…thanks for your perspective. I will continue to look, but have decided not to jump into anything unless/until I find something I really like. Will be looking daily this winter.

I am not convinced that all this government intervention will (in the end) save our economy, but that remains to be seen. At some point these banks have to start taking possession of these homes and ultimatley dispose of them some how. Very interesting thread right now about people living in homes for a long time and not making their payments, thus providing extra cash flow to do other things with. Eventually that has to stop. As far as interest rates, Geither came out with news that they would be lengthing bond maturities which should steepen the yield curve and cause interest rates to tick up a bit (we shall see).

Temeculaguy, I read your forum with interest when you bought your house. I think you have a pretty interesting perspective on the SD market too, as you were the one who argued that there will be a floor under certain areas. That got me to thinking and start looking. Temecula would be too far of a commute, but the idea of having no house payment is tempting.

Anyway, thanks for info…I’ll keep you posted.

[mercedes7]

Seaward…I work in Serra Mesa, 92123. Guess we are competition, but don’t worry, I’m a pushover.

SD Realtor…thanks for your perspective. I will continue to look, but have decided not to jump into anything unless/until I find something I really like. Will be looking daily this winter.

I am not convinced that all this government intervention will (in the end) save our economy, but that remains to be seen. At some point these banks have to start taking possession of these homes and ultimatley dispose of them some how. Very interesting thread right now about people living in homes for a long time and not making their payments, thus providing extra cash flow to do other things with. Eventually that has to stop. As far as interest rates, Geither came out with news that they would be lengthing bond maturities which should steepen the yield curve and cause interest rates to tick up a bit (we shall see).

Temeculaguy, I read your forum with interest when you bought your house. I think you have a pretty interesting perspective on the SD market too, as you were the one who argued that there will be a floor under certain areas. That got me to thinking and start looking. Temecula would be too far of a commute, but the idea of having no house payment is tempting.

Anyway, thanks for info…I’ll keep you posted.

[mercedes7]

Thanks SD realtor,

Actually the first 3 questions were rhetorical and I didn’t expect you to answer.

As for the last question related to price point and competition, you have a good point. I have been looking in 92120 (mostly Del Cerro), 92124, 92122, 92126 (certain areas), 92131, and 92129.

[mercedes7]

Thanks SD realtor,

Actually the first 3 questions were rhetorical and I didn’t expect you to answer.

As for the last question related to price point and competition, you have a good point. I have been looking in 92120 (mostly Del Cerro), 92124, 92122, 92126 (certain areas), 92131, and 92129.

[mercedes7]

Thanks SD realtor,

Actually the first 3 questions were rhetorical and I didn’t expect you to answer.

As for the last question related to price point and competition, you have a good point. I have been looking in 92120 (mostly Del Cerro), 92124, 92122, 92126 (certain areas), 92131, and 92129.

[mercedes7]

Thanks SD realtor,

Actually the first 3 questions were rhetorical and I didn’t expect you to answer.

As for the last question related to price point and competition, you have a good point. I have been looking in 92120 (mostly Del Cerro), 92124, 92122, 92126 (certain areas), 92131, and 92129.

[mercedes7]

Thanks SD realtor,

Actually the first 3 questions were rhetorical and I didn’t expect you to answer.

As for the last question related to price point and competition, you have a good point. I have been looking in 92120 (mostly Del Cerro), 92124, 92122, 92126 (certain areas), 92131, and 92129.

[mercedes7]

Thanks SD Realtor…

I have been patiently waiting as I fully expected there would be a lot of inventory coming on-line soon, not to mention the option arm resets expected to start in earnest over the next two years. I have been trying to weigh the amount of money “wasted” renting with the potential loss of equity if home prices depreciate substantially from here.

Up until this point it has been a “no-brainer”…I have been much better off renting. However, things have certainly leveled off. Will there be another leg down? Is there really shadow inventory out there, and even if there is, how will it be released and what effect (if any) will it have on prices? (All rhetorical questions of course)

One more question if you don’t mind. At what price point does the competition narrow substantially? 600-650K, or is it higher than that?

Thanks again…

[mercedes7]

Thanks SD Realtor…

I have been patiently waiting as I fully expected there would be a lot of inventory coming on-line soon, not to mention the option arm resets expected to start in earnest over the next two years. I have been trying to weigh the amount of money “wasted” renting with the potential loss of equity if home prices depreciate substantially from here.

Up until this point it has been a “no-brainer”…I have been much better off renting. However, things have certainly leveled off. Will there be another leg down? Is there really shadow inventory out there, and even if there is, how will it be released and what effect (if any) will it have on prices? (All rhetorical questions of course)

One more question if you don’t mind. At what price point does the competition narrow substantially? 600-650K, or is it higher than that?

Thanks again…

[mercedes7]

Thanks SD Realtor…

I have been patiently waiting as I fully expected there would be a lot of inventory coming on-line soon, not to mention the option arm resets expected to start in earnest over the next two years. I have been trying to weigh the amount of money “wasted” renting with the potential loss of equity if home prices depreciate substantially from here.

Up until this point it has been a “no-brainer”…I have been much better off renting. However, things have certainly leveled off. Will there be another leg down? Is there really shadow inventory out there, and even if there is, how will it be released and what effect (if any) will it have on prices? (All rhetorical questions of course)

One more question if you don’t mind. At what price point does the competition narrow substantially? 600-650K, or is it higher than that?

Thanks again…

[mercedes7]

Thanks SD Realtor…

I have been patiently waiting as I fully expected there would be a lot of inventory coming on-line soon, not to mention the option arm resets expected to start in earnest over the next two years. I have been trying to weigh the amount of money “wasted” renting with the potential loss of equity if home prices depreciate substantially from here.

Up until this point it has been a “no-brainer”…I have been much better off renting. However, things have certainly leveled off. Will there be another leg down? Is there really shadow inventory out there, and even if there is, how will it be released and what effect (if any) will it have on prices? (All rhetorical questions of course)

One more question if you don’t mind. At what price point does the competition narrow substantially? 600-650K, or is it higher than that?

Thanks again…

[mercedes7]

Thanks SD Realtor…

I have been patiently waiting as I fully expected there would be a lot of inventory coming on-line soon, not to mention the option arm resets expected to start in earnest over the next two years. I have been trying to weigh the amount of money “wasted” renting with the potential loss of equity if home prices depreciate substantially from here.

Up until this point it has been a “no-brainer”…I have been much better off renting. However, things have certainly leveled off. Will there be another leg down? Is there really shadow inventory out there, and even if there is, how will it be released and what effect (if any) will it have on prices? (All rhetorical questions of course)

One more question if you don’t mind. At what price point does the competition narrow substantially? 600-650K, or is it higher than that?

Thanks again…

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