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ocrenter
Participant[quote=SD Realtor]Pretty much agree with you ocr. I don’t see home prices rising due to the rate hikes that will come. Rather I see them depreciating, it is just how severe that I am unsure of. Inflation without job growth to me will be the worst of both worlds. So necessary commodities like food, resources and other tangible goods will go up in cost. Similarly other investment vehicles like bonds and such will be giving healthy returns as the money supply tightens. Also, as with any situation there will be alot of people with money and they will take advantage of the cheaper rela estate without having to incur large financing issues. To me depreciation will occur but I am not sure how much. It will be a great time to buy real estate but not if you have to finance much of it. [/quote]
agree we are unlikely to see significant housing appreciation. as for depreciation, I think we would have to break that down to segments of the market. for example the over $1 million market. Overall I think for the most part depreciation of the middle of the road inventory is pretty much done.
overall rising prices certainly is a concern, but I do believe WE THE PEOPLE prefer overall rise in daily prices than any policy that would lead to significant drop in housing price. And the government will bend to the will of the people.
Participant[quote=recordsclerk]Was this one of the Viscaya lots that were sold to another builder. Did anyone see this house or view any of the ones the builder sold?
http://www.sdlookup.com/MLS-100057905-15709_E_Bluff_Cove_San_Diego_CA_92131
This looks like a good deal.[/quote]
This is a decent deal. This I do believe is one of the last homes from City Venture on former Viscaya lots.
Just checked ziprealty and looks like Colrich is still trying to get rid of two single-story homes of similar size they built from lots purchased from Cornerstone. Colrich just dropped $50k on the two homes they have left. Might be worth a try taking this CityVenture comp over to Colrich and place an offer they can’t refuse.
Participant[quote=recordsclerk]Was this one of the Viscaya lots that were sold to another builder. Did anyone see this house or view any of the ones the builder sold?
http://www.sdlookup.com/MLS-100057905-15709_E_Bluff_Cove_San_Diego_CA_92131
This looks like a good deal.[/quote]
This is a decent deal. This I do believe is one of the last homes from City Venture on former Viscaya lots.
Just checked ziprealty and looks like Colrich is still trying to get rid of two single-story homes of similar size they built from lots purchased from Cornerstone. Colrich just dropped $50k on the two homes they have left. Might be worth a try taking this CityVenture comp over to Colrich and place an offer they can’t refuse.
Participant[quote=recordsclerk]Was this one of the Viscaya lots that were sold to another builder. Did anyone see this house or view any of the ones the builder sold?
http://www.sdlookup.com/MLS-100057905-15709_E_Bluff_Cove_San_Diego_CA_92131
This looks like a good deal.[/quote]
This is a decent deal. This I do believe is one of the last homes from City Venture on former Viscaya lots.
Just checked ziprealty and looks like Colrich is still trying to get rid of two single-story homes of similar size they built from lots purchased from Cornerstone. Colrich just dropped $50k on the two homes they have left. Might be worth a try taking this CityVenture comp over to Colrich and place an offer they can’t refuse.
Participant[quote=recordsclerk]Was this one of the Viscaya lots that were sold to another builder. Did anyone see this house or view any of the ones the builder sold?
http://www.sdlookup.com/MLS-100057905-15709_E_Bluff_Cove_San_Diego_CA_92131
This looks like a good deal.[/quote]
This is a decent deal. This I do believe is one of the last homes from City Venture on former Viscaya lots.
Just checked ziprealty and looks like Colrich is still trying to get rid of two single-story homes of similar size they built from lots purchased from Cornerstone. Colrich just dropped $50k on the two homes they have left. Might be worth a try taking this CityVenture comp over to Colrich and place an offer they can’t refuse.
Participant[quote=recordsclerk]Was this one of the Viscaya lots that were sold to another builder. Did anyone see this house or view any of the ones the builder sold?
http://www.sdlookup.com/MLS-100057905-15709_E_Bluff_Cove_San_Diego_CA_92131
This looks like a good deal.[/quote]
This is a decent deal. This I do believe is one of the last homes from City Venture on former Viscaya lots.
Just checked ziprealty and looks like Colrich is still trying to get rid of two single-story homes of similar size they built from lots purchased from Cornerstone. Colrich just dropped $50k on the two homes they have left. Might be worth a try taking this CityVenture comp over to Colrich and place an offer they can’t refuse.
Participantaimloan’s jr jumbo is now at 4.875%. The refi just a few months ago is already looking better.
Participantaimloan’s jr jumbo is now at 4.875%. The refi just a few months ago is already looking better.
Participantaimloan’s jr jumbo is now at 4.875%. The refi just a few months ago is already looking better.
Participantaimloan’s jr jumbo is now at 4.875%. The refi just a few months ago is already looking better.
Participantaimloan’s jr jumbo is now at 4.875%. The refi just a few months ago is already looking better.
ParticipantI firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.
This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.
If instead home prices increase at rate of inflation, that would be an added bonus.
While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.
ParticipantI firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.
This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.
If instead home prices increase at rate of inflation, that would be an added bonus.
While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.
ParticipantI firmly agree with OP in regard to the coming inflation and the feeling that essentially that is the ultimate game plan to get us out of the debt crisis.
This scenario will still work for homeowners even if home prices remain stagnate for the foreseeable future. Since homeowners will be using dollars that are significantly less to pay down debt that was worth significantly more.
If instead home prices increase at rate of inflation, that would be an added bonus.
While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.
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