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pemeliza
Participant“Could not agree more sdr. Looking back on the property that my wife and I backed out of last July. It definitely was a bad move to back out.”
SD Realtor, was that the Pudregal house?
I find your comment very interesting as a fellow buyer. The market has apparantly dropped since July but yet you still feel you had a better deal then than what you can get now. I guess this underscores the point that in SD if you are looking for the “special” house you had better be prepared to move on it and not concentrate so much on timing the bottom.
pemeliza
Participant“Could not agree more sdr. Looking back on the property that my wife and I backed out of last July. It definitely was a bad move to back out.”
SD Realtor, was that the Pudregal house?
I find your comment very interesting as a fellow buyer. The market has apparantly dropped since July but yet you still feel you had a better deal then than what you can get now. I guess this underscores the point that in SD if you are looking for the “special” house you had better be prepared to move on it and not concentrate so much on timing the bottom.
pemeliza
Participant“My theory is that rates will be low for the next 3-6 months and then inflation will take its toll and we will never be below 7% again – and likely spend many years in 9-10 range.”
I have been studying this situation closely for the last 12 months (so I’m far from an expert) but I don’t think we will see interest rates in the 7% range for at least 5-10 years. At least.
It is unlikely we will see much inflation (most think we are in deflation) for the next 5 years. Even if we do see inflation, the government is going to be very very slow to act on it.
I think the one thing we can count on during this debacle is low interest rates.
Also keep in mind that 7% rates would destroy this low-end market recovery we have seen which would send prices even lower IMHO.
pemeliza
Participant“My theory is that rates will be low for the next 3-6 months and then inflation will take its toll and we will never be below 7% again – and likely spend many years in 9-10 range.”
I have been studying this situation closely for the last 12 months (so I’m far from an expert) but I don’t think we will see interest rates in the 7% range for at least 5-10 years. At least.
It is unlikely we will see much inflation (most think we are in deflation) for the next 5 years. Even if we do see inflation, the government is going to be very very slow to act on it.
I think the one thing we can count on during this debacle is low interest rates.
Also keep in mind that 7% rates would destroy this low-end market recovery we have seen which would send prices even lower IMHO.
pemeliza
Participant“My theory is that rates will be low for the next 3-6 months and then inflation will take its toll and we will never be below 7% again – and likely spend many years in 9-10 range.”
I have been studying this situation closely for the last 12 months (so I’m far from an expert) but I don’t think we will see interest rates in the 7% range for at least 5-10 years. At least.
It is unlikely we will see much inflation (most think we are in deflation) for the next 5 years. Even if we do see inflation, the government is going to be very very slow to act on it.
I think the one thing we can count on during this debacle is low interest rates.
Also keep in mind that 7% rates would destroy this low-end market recovery we have seen which would send prices even lower IMHO.
pemeliza
Participant“My theory is that rates will be low for the next 3-6 months and then inflation will take its toll and we will never be below 7% again – and likely spend many years in 9-10 range.”
I have been studying this situation closely for the last 12 months (so I’m far from an expert) but I don’t think we will see interest rates in the 7% range for at least 5-10 years. At least.
It is unlikely we will see much inflation (most think we are in deflation) for the next 5 years. Even if we do see inflation, the government is going to be very very slow to act on it.
I think the one thing we can count on during this debacle is low interest rates.
Also keep in mind that 7% rates would destroy this low-end market recovery we have seen which would send prices even lower IMHO.
pemeliza
Participant“My theory is that rates will be low for the next 3-6 months and then inflation will take its toll and we will never be below 7% again – and likely spend many years in 9-10 range.”
I have been studying this situation closely for the last 12 months (so I’m far from an expert) but I don’t think we will see interest rates in the 7% range for at least 5-10 years. At least.
It is unlikely we will see much inflation (most think we are in deflation) for the next 5 years. Even if we do see inflation, the government is going to be very very slow to act on it.
I think the one thing we can count on during this debacle is low interest rates.
Also keep in mind that 7% rates would destroy this low-end market recovery we have seen which would send prices even lower IMHO.
pemeliza
ParticipantThanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.
pemeliza
ParticipantThanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.
pemeliza
ParticipantThanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.
pemeliza
ParticipantThanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.
pemeliza
ParticipantThanks sdrealtor. It seemed priced a bit low to me as well. I love the elevation. It doesn’t look quite as boxy as some of the other tract homes.
pemeliza
Participantsdrealtor, what in your opinion is a good price for this home:
http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009
thanks
pemeliza
Participantsdrealtor, what in your opinion is a good price for this home:
http://www.sdlookup.com/MLS-080084620-2413_Lapis_Rd_Carlsbad_Ca_92009
thanks
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