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NotCranky
ParticipantI should have pointed out my friend had a civil service job. Employment is a huge factor, as mentioned. If not that then definitely another safety net, family or savings or just buying a really cheap house or another pan “B”. My friend had plan ‘B” “C” “D” ect.
ParticipantI should have pointed out my friend had a civil service job. Employment is a huge factor, as mentioned. If not that then definitely another safety net, family or savings or just buying a really cheap house or another pan “B”. My friend had plan ‘B” “C” “D” ect.
ParticipantI should have pointed out my friend had a civil service job. Employment is a huge factor, as mentioned. If not that then definitely another safety net, family or savings or just buying a really cheap house or another pan “B”. My friend had plan ‘B” “C” “D” ect.
ParticipantO.K. Maybe someone will indulge this maybe not.
A friend of mine bought a house in 1990 for 154k(clairemont).
It probably dropped to 110k. It went back up to about 450k in 2005. Now it would go for 350K. His taxes are low and he has a tax write-off on the palty sum of a mortgage that is left since he refied to a 15 year mortgage several years ago. His payment has been close to rent even after refying to the 15 year(I am not sure of the exact details). He will only have taxes and insurance after he pays his mortgage off. How much money did he lose? I am against drastically over-paying myself but just wanted to add this perspective.VC is not down nearly as bad percentage wise. He might get there but I think we can’t make much of a case against his situation yet except that his aquisition price was at least 50K too high.
ParticipantO.K. Maybe someone will indulge this maybe not.
A friend of mine bought a house in 1990 for 154k(clairemont).
It probably dropped to 110k. It went back up to about 450k in 2005. Now it would go for 350K. His taxes are low and he has a tax write-off on the palty sum of a mortgage that is left since he refied to a 15 year mortgage several years ago. His payment has been close to rent even after refying to the 15 year(I am not sure of the exact details). He will only have taxes and insurance after he pays his mortgage off. How much money did he lose? I am against drastically over-paying myself but just wanted to add this perspective.VC is not down nearly as bad percentage wise. He might get there but I think we can’t make much of a case against his situation yet except that his aquisition price was at least 50K too high.
ParticipantO.K. Maybe someone will indulge this maybe not.
A friend of mine bought a house in 1990 for 154k(clairemont).
It probably dropped to 110k. It went back up to about 450k in 2005. Now it would go for 350K. His taxes are low and he has a tax write-off on the palty sum of a mortgage that is left since he refied to a 15 year mortgage several years ago. His payment has been close to rent even after refying to the 15 year(I am not sure of the exact details). He will only have taxes and insurance after he pays his mortgage off. How much money did he lose? I am against drastically over-paying myself but just wanted to add this perspective.VC is not down nearly as bad percentage wise. He might get there but I think we can’t make much of a case against his situation yet except that his aquisition price was at least 50K too high.
ParticipantO.K. Maybe someone will indulge this maybe not.
A friend of mine bought a house in 1990 for 154k(clairemont).
It probably dropped to 110k. It went back up to about 450k in 2005. Now it would go for 350K. His taxes are low and he has a tax write-off on the palty sum of a mortgage that is left since he refied to a 15 year mortgage several years ago. His payment has been close to rent even after refying to the 15 year(I am not sure of the exact details). He will only have taxes and insurance after he pays his mortgage off. How much money did he lose? I am against drastically over-paying myself but just wanted to add this perspective.VC is not down nearly as bad percentage wise. He might get there but I think we can’t make much of a case against his situation yet except that his aquisition price was at least 50K too high.
ParticipantO.K. Maybe someone will indulge this maybe not.
A friend of mine bought a house in 1990 for 154k(clairemont).
It probably dropped to 110k. It went back up to about 450k in 2005. Now it would go for 350K. His taxes are low and he has a tax write-off on the palty sum of a mortgage that is left since he refied to a 15 year mortgage several years ago. His payment has been close to rent even after refying to the 15 year(I am not sure of the exact details). He will only have taxes and insurance after he pays his mortgage off. How much money did he lose? I am against drastically over-paying myself but just wanted to add this perspective.VC is not down nearly as bad percentage wise. He might get there but I think we can’t make much of a case against his situation yet except that his aquisition price was at least 50K too high.
ParticipantA couple have probably hit the bottom. Some are not at the bottom but if they sell they won’t sell for less again and some will hit the bottom between now and the bottom and some will hit the bottom at the bottom and some won’t hit it until after the bottom. This is county wide and also includes condos and detached houses.
ParticipantA couple have probably hit the bottom. Some are not at the bottom but if they sell they won’t sell for less again and some will hit the bottom between now and the bottom and some will hit the bottom at the bottom and some won’t hit it until after the bottom. This is county wide and also includes condos and detached houses.
ParticipantA couple have probably hit the bottom. Some are not at the bottom but if they sell they won’t sell for less again and some will hit the bottom between now and the bottom and some will hit the bottom at the bottom and some won’t hit it until after the bottom. This is county wide and also includes condos and detached houses.
ParticipantA couple have probably hit the bottom. Some are not at the bottom but if they sell they won’t sell for less again and some will hit the bottom between now and the bottom and some will hit the bottom at the bottom and some won’t hit it until after the bottom. This is county wide and also includes condos and detached houses.
ParticipantA couple have probably hit the bottom. Some are not at the bottom but if they sell they won’t sell for less again and some will hit the bottom between now and the bottom and some will hit the bottom at the bottom and some won’t hit it until after the bottom. This is county wide and also includes condos and detached houses.
ParticipantCasca,
There are 119 active and 13 pendings in all price ranges combined.Two pending are from 2006. All pendings are over 1M with the highest being 3.4M. There are just 12 listings under 1M. At first sight the volume looks a little to be somewhat slower for the same month each year back to 2004,Depending on how many close but the average has only been roughly 11 for 04/01/ to 05/01 of each respective year. I am looking at an average escrow of 45 days and thirteen penidings equaling about 8 for the 1 month time period. I Didn’t do a relative price check between recent solds and those of years past. You really do need to study more that and other things to try to put your finger on a trend.You might be doing that with sdlookup or something like that?
Volume sample 04/01/xxxx-05/01/xxxx:
2004-15
2005-7
2006-10
2007-14 -
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