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  • January 3, 2008 at 9:45 AM in reply to: Is the Slump Over Yet? #128704
    safigueroa12
    Participant

    It sure has… at least in the SF Valley area.
    3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
    These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
    Buying today is trying to catch a falling knife!
    Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

    SAF

    January 3, 2008 at 9:45 AM in reply to: Is the Slump Over Yet? #128598
    safigueroa12
    Participant

    It sure has… at least in the SF Valley area.
    3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
    These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
    Buying today is trying to catch a falling knife!
    Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

    SAF

    January 3, 2008 at 9:45 AM in reply to: Is the Slump Over Yet? #128606
    safigueroa12
    Participant

    It sure has… at least in the SF Valley area.
    3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
    These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
    Buying today is trying to catch a falling knife!
    Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

    SAF

    January 3, 2008 at 9:45 AM in reply to: Is the Slump Over Yet? #128675
    safigueroa12
    Participant

    It sure has… at least in the SF Valley area.
    3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
    These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
    Buying today is trying to catch a falling knife!
    Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

    SAF

    January 3, 2008 at 9:45 AM in reply to: Is the Slump Over Yet? #128433
    safigueroa12
    Participant

    It sure has… at least in the SF Valley area.
    3 bedroom homes prior listed at $550K a year ago are listed for $400K today.
    These homes were $125K to $150K in 1997 and even if they were to double their value within ten years, they still have to come down another $150K.
    Buying today is trying to catch a falling knife!
    Some people claim that if you buy a home to stay put at least ten years then you will be okay. I hate to be pessimistic, how do I know that I may not need to sell prior to the market rebound.

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128152
    safigueroa12
    Participant

    nostradamus,

    You are a funny character.
    I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128161
    safigueroa12
    Participant

    nostradamus,

    You are a funny character.
    I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #127987
    safigueroa12
    Participant

    nostradamus,

    You are a funny character.
    I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128230
    safigueroa12
    Participant

    nostradamus,

    You are a funny character.
    I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128259
    safigueroa12
    Participant

    nostradamus,

    You are a funny character.
    I really enjoy this website, besides saving money, I get a good laugh. Keep up the good work!

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #127978
    safigueroa12
    Participant

    No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128220
    safigueroa12
    Participant

    No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128249
    safigueroa12
    Participant

    No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128142
    safigueroa12
    Participant

    No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

    SAF

    January 2, 2008 at 4:28 PM in reply to: Is the Slump Over Yet? #128151
    safigueroa12
    Participant

    No disrespect but some of my friends say that there is not much to do in TX and older kid is crazy about UCLA, so go figure.

    SAF

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Viewing 15 posts - 1 through 15 (of 44 total)
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