[Scarlett]

Thank you very much everybody! IF we decide to buy, we’ll put down at least 10% and my in-law ~ 50K, and we’ll make sure to get the money in our checking account at least 2 months before we start shopping for loans, probably right when we start looking at houses. I am relieved to find out that the gifts are not considered taxable income for us, and also, that we don’t have to put our parents on the loan. I completely agree with SD R and sdr, it’s just not a good idea, just in case something happens.

[Scarlett]

[quote=UCGal]
A couple of corrections here.
– Bay Ho and Bay Park are NOT in the LJHS area.
(…)
– The 20 kids max in K-3 went out the window this year due to budget cuts. My sons are both in this grade level – both are in classes larger than 20 at Curie Elementary.

Scarlett – there’s a new listing in UC that is awfully close to your criteria… 1683sf – but single level – so it lives larger… and listed for $560k.

http://www.sdlookup.com/MLS-100020116-4311_Robbins_St_San_Diego_CA_92122%5B/quote%5D

Thanks UCGal, that indeed seems to be a very good match for me. I haven’t seen the house of course, but from the 4 pics it looks decent. I’d love to see more of the same on the market, not one now and one 6 months later. I am sure they already have multiple offers, and I wouldn’t be surprised if they are cash ones too. Looks very well priced to sell, unless something wrong with the house. Not quite ready to move right away since we just moved a little over 1 year ago and we don’t see harm in waiting till the end of the year at least. But we may see the house this coming weekend.

[Scarlett]

[quote=UCGal]
A couple of corrections here.
– Bay Ho and Bay Park are NOT in the LJHS area.
(…)
– The 20 kids max in K-3 went out the window this year due to budget cuts. My sons are both in this grade level – both are in classes larger than 20 at Curie Elementary.

Scarlett – there’s a new listing in UC that is awfully close to your criteria… 1683sf – but single level – so it lives larger… and listed for $560k.

http://www.sdlookup.com/MLS-100020116-4311_Robbins_St_San_Diego_CA_92122%5B/quote%5D

Thanks UCGal, that indeed seems to be a very good match for me. I haven’t seen the house of course, but from the 4 pics it looks decent. I’d love to see more of the same on the market, not one now and one 6 months later. I am sure they already have multiple offers, and I wouldn’t be surprised if they are cash ones too. Looks very well priced to sell, unless something wrong with the house. Not quite ready to move right away since we just moved a little over 1 year ago and we don’t see harm in waiting till the end of the year at least. But we may see the house this coming weekend.

[Scarlett]

[quote=UCGal]
A couple of corrections here.
– Bay Ho and Bay Park are NOT in the LJHS area.
(…)
– The 20 kids max in K-3 went out the window this year due to budget cuts. My sons are both in this grade level – both are in classes larger than 20 at Curie Elementary.

Scarlett – there’s a new listing in UC that is awfully close to your criteria… 1683sf – but single level – so it lives larger… and listed for $560k.

http://www.sdlookup.com/MLS-100020116-4311_Robbins_St_San_Diego_CA_92122%5B/quote%5D

Thanks UCGal, that indeed seems to be a very good match for me. I haven’t seen the house of course, but from the 4 pics it looks decent. I’d love to see more of the same on the market, not one now and one 6 months later. I am sure they already have multiple offers, and I wouldn’t be surprised if they are cash ones too. Looks very well priced to sell, unless something wrong with the house. Not quite ready to move right away since we just moved a little over 1 year ago and we don’t see harm in waiting till the end of the year at least. But we may see the house this coming weekend.

[Scarlett]

[quote=UCGal]
A couple of corrections here.
– Bay Ho and Bay Park are NOT in the LJHS area.
(…)
– The 20 kids max in K-3 went out the window this year due to budget cuts. My sons are both in this grade level – both are in classes larger than 20 at Curie Elementary.

Scarlett – there’s a new listing in UC that is awfully close to your criteria… 1683sf – but single level – so it lives larger… and listed for $560k.

http://www.sdlookup.com/MLS-100020116-4311_Robbins_St_San_Diego_CA_92122%5B/quote%5D

Thanks UCGal, that indeed seems to be a very good match for me. I haven’t seen the house of course, but from the 4 pics it looks decent. I’d love to see more of the same on the market, not one now and one 6 months later. I am sure they already have multiple offers, and I wouldn’t be surprised if they are cash ones too. Looks very well priced to sell, unless something wrong with the house. Not quite ready to move right away since we just moved a little over 1 year ago and we don’t see harm in waiting till the end of the year at least. But we may see the house this coming weekend.

[Scarlett]

[quote=UCGal]
A couple of corrections here.
– Bay Ho and Bay Park are NOT in the LJHS area.
(…)
– The 20 kids max in K-3 went out the window this year due to budget cuts. My sons are both in this grade level – both are in classes larger than 20 at Curie Elementary.

Scarlett – there’s a new listing in UC that is awfully close to your criteria… 1683sf – but single level – so it lives larger… and listed for $560k.

http://www.sdlookup.com/MLS-100020116-4311_Robbins_St_San_Diego_CA_92122%5B/quote%5D

Thanks UCGal, that indeed seems to be a very good match for me. I haven’t seen the house of course, but from the 4 pics it looks decent. I’d love to see more of the same on the market, not one now and one 6 months later. I am sure they already have multiple offers, and I wouldn’t be surprised if they are cash ones too. Looks very well priced to sell, unless something wrong with the house. Not quite ready to move right away since we just moved a little over 1 year ago and we don’t see harm in waiting till the end of the year at least. But we may see the house this coming weekend.

[Scarlett]

[quote=FormerSanDiegan][quote=pemeliza]

Also, At 3% inflation it takes about 23.5 years for a price to double. Prices in 1996 were an overshoot to the downside. Given the scope of this bubble I would not be surprised to prices overshoot to the downside at about 2001 nominal pricing for the best areas. I’m already seeing this type of pricing in good areas.[/quote]

What areas are you seeing 2001 prices ?[/quote]

Good question, especially since s/he mentions good areas. I am looking in PQ, CMR, UC, Carlsbad and I see prices at the nominal level of 2003-2004, which is quite a bit higher than 2001…

[Scarlett]

[quote=FormerSanDiegan][quote=pemeliza]

Also, At 3% inflation it takes about 23.5 years for a price to double. Prices in 1996 were an overshoot to the downside. Given the scope of this bubble I would not be surprised to prices overshoot to the downside at about 2001 nominal pricing for the best areas. I’m already seeing this type of pricing in good areas.[/quote]

What areas are you seeing 2001 prices ?[/quote]

Good question, especially since s/he mentions good areas. I am looking in PQ, CMR, UC, Carlsbad and I see prices at the nominal level of 2003-2004, which is quite a bit higher than 2001…

[Scarlett]

[quote=FormerSanDiegan][quote=pemeliza]

Also, At 3% inflation it takes about 23.5 years for a price to double. Prices in 1996 were an overshoot to the downside. Given the scope of this bubble I would not be surprised to prices overshoot to the downside at about 2001 nominal pricing for the best areas. I’m already seeing this type of pricing in good areas.[/quote]

What areas are you seeing 2001 prices ?[/quote]

Good question, especially since s/he mentions good areas. I am looking in PQ, CMR, UC, Carlsbad and I see prices at the nominal level of 2003-2004, which is quite a bit higher than 2001…

[Scarlett]

[quote=FormerSanDiegan][quote=pemeliza]

Also, At 3% inflation it takes about 23.5 years for a price to double. Prices in 1996 were an overshoot to the downside. Given the scope of this bubble I would not be surprised to prices overshoot to the downside at about 2001 nominal pricing for the best areas. I’m already seeing this type of pricing in good areas.[/quote]

What areas are you seeing 2001 prices ?[/quote]

Good question, especially since s/he mentions good areas. I am looking in PQ, CMR, UC, Carlsbad and I see prices at the nominal level of 2003-2004, which is quite a bit higher than 2001…

[Scarlett]

[quote=FormerSanDiegan][quote=pemeliza]

Also, At 3% inflation it takes about 23.5 years for a price to double. Prices in 1996 were an overshoot to the downside. Given the scope of this bubble I would not be surprised to prices overshoot to the downside at about 2001 nominal pricing for the best areas. I’m already seeing this type of pricing in good areas.[/quote]

What areas are you seeing 2001 prices ?[/quote]

Good question, especially since s/he mentions good areas. I am looking in PQ, CMR, UC, Carlsbad and I see prices at the nominal level of 2003-2004, which is quite a bit higher than 2001…

[Scarlett]

If the nominal level of houses is about 2001-2002, then according to that graph of C-S home indices, the level to which bubble should deflate to is about 100, more or less….

yeah, the middle class is struggling and actually getting poorer and poorer compared to the others…

Isn’t the middle class supposed to be the majority of the home buyers?

[Scarlett]

If the nominal level of houses is about 2001-2002, then according to that graph of C-S home indices, the level to which bubble should deflate to is about 100, more or less….

yeah, the middle class is struggling and actually getting poorer and poorer compared to the others…

Isn’t the middle class supposed to be the majority of the home buyers?

[Scarlett]

If the nominal level of houses is about 2001-2002, then according to that graph of C-S home indices, the level to which bubble should deflate to is about 100, more or less….

yeah, the middle class is struggling and actually getting poorer and poorer compared to the others…

Isn’t the middle class supposed to be the majority of the home buyers?

[Scarlett]

If the nominal level of houses is about 2001-2002, then according to that graph of C-S home indices, the level to which bubble should deflate to is about 100, more or less….

yeah, the middle class is struggling and actually getting poorer and poorer compared to the others…

Isn’t the middle class supposed to be the majority of the home buyers?

[Author]

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