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February 22, 2008 at 10:35 PM in reply to: 2 questions, Are short sale prices just fantasy? and Where are the fence sitters? #158044February 22, 2008 at 10:35 PM in reply to: 2 questions, Are short sale prices just fantasy? and Where are the fence sitters? #158336
Portlock
ParticipantI’m not a fence sitter, I’m totally on the sidelines. I’ll tell you why I’m not moving yet, although I am a bit more intrigued lately.
Bugs’ post applies to yours (Ground floor? think again). The lower priced segmented market may still depreciate into 2009, but the figures are much smaller – how badly burned could one get if you purchase at under 150k? Probably not much.
Right now I could feasibly purchase a 1 bed / 1 bath property and my total monthly PITI-HOA would equal my current rent cost. I believe this will be a buyers market for at least another 12 months conservatively, so I envision that I can purchase more square footage the longer I wait. And my supply of choices is increasing every day. And they’re upgrades over last month’s choices, in quality and location. I see no reason to pull the trigger now, comfortable and happy as a renter.
February 22, 2008 at 10:35 PM in reply to: 2 questions, Are short sale prices just fantasy? and Where are the fence sitters? #158344Portlock
ParticipantI’m not a fence sitter, I’m totally on the sidelines. I’ll tell you why I’m not moving yet, although I am a bit more intrigued lately.
Bugs’ post applies to yours (Ground floor? think again). The lower priced segmented market may still depreciate into 2009, but the figures are much smaller – how badly burned could one get if you purchase at under 150k? Probably not much.
Right now I could feasibly purchase a 1 bed / 1 bath property and my total monthly PITI-HOA would equal my current rent cost. I believe this will be a buyers market for at least another 12 months conservatively, so I envision that I can purchase more square footage the longer I wait. And my supply of choices is increasing every day. And they’re upgrades over last month’s choices, in quality and location. I see no reason to pull the trigger now, comfortable and happy as a renter.
February 22, 2008 at 10:35 PM in reply to: 2 questions, Are short sale prices just fantasy? and Where are the fence sitters? #158353Portlock
ParticipantI’m not a fence sitter, I’m totally on the sidelines. I’ll tell you why I’m not moving yet, although I am a bit more intrigued lately.
Bugs’ post applies to yours (Ground floor? think again). The lower priced segmented market may still depreciate into 2009, but the figures are much smaller – how badly burned could one get if you purchase at under 150k? Probably not much.
Right now I could feasibly purchase a 1 bed / 1 bath property and my total monthly PITI-HOA would equal my current rent cost. I believe this will be a buyers market for at least another 12 months conservatively, so I envision that I can purchase more square footage the longer I wait. And my supply of choices is increasing every day. And they’re upgrades over last month’s choices, in quality and location. I see no reason to pull the trigger now, comfortable and happy as a renter.
February 22, 2008 at 10:35 PM in reply to: 2 questions, Are short sale prices just fantasy? and Where are the fence sitters? #158425Portlock
ParticipantI’m not a fence sitter, I’m totally on the sidelines. I’ll tell you why I’m not moving yet, although I am a bit more intrigued lately.
Bugs’ post applies to yours (Ground floor? think again). The lower priced segmented market may still depreciate into 2009, but the figures are much smaller – how badly burned could one get if you purchase at under 150k? Probably not much.
Right now I could feasibly purchase a 1 bed / 1 bath property and my total monthly PITI-HOA would equal my current rent cost. I believe this will be a buyers market for at least another 12 months conservatively, so I envision that I can purchase more square footage the longer I wait. And my supply of choices is increasing every day. And they’re upgrades over last month’s choices, in quality and location. I see no reason to pull the trigger now, comfortable and happy as a renter.
Portlock
ParticipantIn a market that is both overpriced and oversupplied, prices will decline.
You should have taken the 1.15 and been happy with it.
Portlock
ParticipantIn a market that is both overpriced and oversupplied, prices will decline.
You should have taken the 1.15 and been happy with it.
Portlock
ParticipantIn a market that is both overpriced and oversupplied, prices will decline.
You should have taken the 1.15 and been happy with it.
Portlock
ParticipantIn a market that is both overpriced and oversupplied, prices will decline.
You should have taken the 1.15 and been happy with it.
Portlock
ParticipantIn a market that is both overpriced and oversupplied, prices will decline.
You should have taken the 1.15 and been happy with it.
Portlock
ParticipantIt’s articles like these from CAR or NAR that make me distrust realtors.
I’m not convinced their fiduciary responsibility will be true to me…
However there is plenty of data showing greedy realtors contributed greatly to the price run up (see ocrenters website http://bubbletracking.blogspot.com)
Portlock
ParticipantIt’s articles like these from CAR or NAR that make me distrust realtors.
I’m not convinced their fiduciary responsibility will be true to me…
However there is plenty of data showing greedy realtors contributed greatly to the price run up (see ocrenters website http://bubbletracking.blogspot.com)
Portlock
ParticipantIt’s articles like these from CAR or NAR that make me distrust realtors.
I’m not convinced their fiduciary responsibility will be true to me…
However there is plenty of data showing greedy realtors contributed greatly to the price run up (see ocrenters website http://bubbletracking.blogspot.com)
Portlock
ParticipantIt’s articles like these from CAR or NAR that make me distrust realtors.
I’m not convinced their fiduciary responsibility will be true to me…
However there is plenty of data showing greedy realtors contributed greatly to the price run up (see ocrenters website http://bubbletracking.blogspot.com)
Portlock
ParticipantIt’s articles like these from CAR or NAR that make me distrust realtors.
I’m not convinced their fiduciary responsibility will be true to me…
However there is plenty of data showing greedy realtors contributed greatly to the price run up (see ocrenters website http://bubbletracking.blogspot.com)
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