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December 18, 2007 at 6:16 PM in reply to: Ouch! SD Union Telling Like it is – March 2004 Overall Median Reached #120296December 18, 2007 at 6:16 PM in reply to: Ouch! SD Union Telling Like it is – March 2004 Overall Median Reached #120331
SD Realtor
ParticipantHey FSD are stockpiling articles? Do you have alot of boom stuff from the early 2000’s etc? as well as subsequent bust stuff?
SD Realtor
December 18, 2007 at 6:16 PM in reply to: Ouch! SD Union Telling Like it is – March 2004 Overall Median Reached #120377ParticipantHey FSD are stockpiling articles? Do you have alot of boom stuff from the early 2000’s etc? as well as subsequent bust stuff?
SD Realtor
December 18, 2007 at 6:16 PM in reply to: Ouch! SD Union Telling Like it is – March 2004 Overall Median Reached #120397ParticipantHey FSD are stockpiling articles? Do you have alot of boom stuff from the early 2000’s etc? as well as subsequent bust stuff?
SD Realtor
ParticipantI think there is some merit in the idea. As Rus posted earlier in the thread, he has run the idea by me before. The crux of the decision lies with “the creator” right? His site, his rules, his ultimate decision.
I would not want this site to turn into an SDCIA sort of deal. Sometimes it is hard to figure out where to draw the line right? I mean besides having a posting board or area where good deals can be advertised there are other opportunities. Certainly the board is frequented by experts in other fields, not just real estate, financing, contracting so perhaps an area to post contacts there could be beneficial.
Anyways I am on the fence about it all. I do see value in it but it would be for selfish reasons of making money. I think the very best deals I find I would keep for myself or pass on to investors who are clients or potential clients. Sorry just being honest.
Like I said, I like the idea.
SD Realtor
ParticipantI think there is some merit in the idea. As Rus posted earlier in the thread, he has run the idea by me before. The crux of the decision lies with “the creator” right? His site, his rules, his ultimate decision.
I would not want this site to turn into an SDCIA sort of deal. Sometimes it is hard to figure out where to draw the line right? I mean besides having a posting board or area where good deals can be advertised there are other opportunities. Certainly the board is frequented by experts in other fields, not just real estate, financing, contracting so perhaps an area to post contacts there could be beneficial.
Anyways I am on the fence about it all. I do see value in it but it would be for selfish reasons of making money. I think the very best deals I find I would keep for myself or pass on to investors who are clients or potential clients. Sorry just being honest.
Like I said, I like the idea.
SD Realtor
ParticipantI think there is some merit in the idea. As Rus posted earlier in the thread, he has run the idea by me before. The crux of the decision lies with “the creator” right? His site, his rules, his ultimate decision.
I would not want this site to turn into an SDCIA sort of deal. Sometimes it is hard to figure out where to draw the line right? I mean besides having a posting board or area where good deals can be advertised there are other opportunities. Certainly the board is frequented by experts in other fields, not just real estate, financing, contracting so perhaps an area to post contacts there could be beneficial.
Anyways I am on the fence about it all. I do see value in it but it would be for selfish reasons of making money. I think the very best deals I find I would keep for myself or pass on to investors who are clients or potential clients. Sorry just being honest.
Like I said, I like the idea.
SD Realtor
ParticipantI think there is some merit in the idea. As Rus posted earlier in the thread, he has run the idea by me before. The crux of the decision lies with “the creator” right? His site, his rules, his ultimate decision.
I would not want this site to turn into an SDCIA sort of deal. Sometimes it is hard to figure out where to draw the line right? I mean besides having a posting board or area where good deals can be advertised there are other opportunities. Certainly the board is frequented by experts in other fields, not just real estate, financing, contracting so perhaps an area to post contacts there could be beneficial.
Anyways I am on the fence about it all. I do see value in it but it would be for selfish reasons of making money. I think the very best deals I find I would keep for myself or pass on to investors who are clients or potential clients. Sorry just being honest.
Like I said, I like the idea.
SD Realtor
ParticipantI think there is some merit in the idea. As Rus posted earlier in the thread, he has run the idea by me before. The crux of the decision lies with “the creator” right? His site, his rules, his ultimate decision.
I would not want this site to turn into an SDCIA sort of deal. Sometimes it is hard to figure out where to draw the line right? I mean besides having a posting board or area where good deals can be advertised there are other opportunities. Certainly the board is frequented by experts in other fields, not just real estate, financing, contracting so perhaps an area to post contacts there could be beneficial.
Anyways I am on the fence about it all. I do see value in it but it would be for selfish reasons of making money. I think the very best deals I find I would keep for myself or pass on to investors who are clients or potential clients. Sorry just being honest.
Like I said, I like the idea.
SD Realtor
ParticipantDWCAP no offense taken at all… It has nothing to do with market pricing. She does not value a home as an asset and as I said we are in a position where our next purchase will be a long term one until our toddlers grow into slackers that I can then boot out of the house.
It is simply the lifestyle of renting that she has grown well tired of. I have posted many times about it and will spare the board the minutae (probably mispelled).
I will not or cannot argue with anyone that the economics behind her decision are rational because they are not. We are a fortunate household that can afford to buy. However the crabby old man of the house, as I am most commonly referred to, refuses to let go of the economics behind the decision.
*******
Matt I understand what you are saying… I have met plenty of crappy brokers. Consequently I have met plenty of asshole engineers as well as I am in that field. Granted the ratio of asshole engineers to asshole brokers is much less. In general higher education is common amongst engineers and thus self realization of when one is being a jerk is more common.
Yours is a story I hear all the time. Regardless of whether they are brokers or realtors or car dealers or whatever. Cannot argue with it at all. All I can say is there are good ones and bad ones and I know alot in both camps.
SD Realtor
ParticipantDWCAP no offense taken at all… It has nothing to do with market pricing. She does not value a home as an asset and as I said we are in a position where our next purchase will be a long term one until our toddlers grow into slackers that I can then boot out of the house.
It is simply the lifestyle of renting that she has grown well tired of. I have posted many times about it and will spare the board the minutae (probably mispelled).
I will not or cannot argue with anyone that the economics behind her decision are rational because they are not. We are a fortunate household that can afford to buy. However the crabby old man of the house, as I am most commonly referred to, refuses to let go of the economics behind the decision.
*******
Matt I understand what you are saying… I have met plenty of crappy brokers. Consequently I have met plenty of asshole engineers as well as I am in that field. Granted the ratio of asshole engineers to asshole brokers is much less. In general higher education is common amongst engineers and thus self realization of when one is being a jerk is more common.
Yours is a story I hear all the time. Regardless of whether they are brokers or realtors or car dealers or whatever. Cannot argue with it at all. All I can say is there are good ones and bad ones and I know alot in both camps.
SD Realtor
ParticipantDWCAP no offense taken at all… It has nothing to do with market pricing. She does not value a home as an asset and as I said we are in a position where our next purchase will be a long term one until our toddlers grow into slackers that I can then boot out of the house.
It is simply the lifestyle of renting that she has grown well tired of. I have posted many times about it and will spare the board the minutae (probably mispelled).
I will not or cannot argue with anyone that the economics behind her decision are rational because they are not. We are a fortunate household that can afford to buy. However the crabby old man of the house, as I am most commonly referred to, refuses to let go of the economics behind the decision.
*******
Matt I understand what you are saying… I have met plenty of crappy brokers. Consequently I have met plenty of asshole engineers as well as I am in that field. Granted the ratio of asshole engineers to asshole brokers is much less. In general higher education is common amongst engineers and thus self realization of when one is being a jerk is more common.
Yours is a story I hear all the time. Regardless of whether they are brokers or realtors or car dealers or whatever. Cannot argue with it at all. All I can say is there are good ones and bad ones and I know alot in both camps.
SD Realtor
ParticipantDWCAP no offense taken at all… It has nothing to do with market pricing. She does not value a home as an asset and as I said we are in a position where our next purchase will be a long term one until our toddlers grow into slackers that I can then boot out of the house.
It is simply the lifestyle of renting that she has grown well tired of. I have posted many times about it and will spare the board the minutae (probably mispelled).
I will not or cannot argue with anyone that the economics behind her decision are rational because they are not. We are a fortunate household that can afford to buy. However the crabby old man of the house, as I am most commonly referred to, refuses to let go of the economics behind the decision.
*******
Matt I understand what you are saying… I have met plenty of crappy brokers. Consequently I have met plenty of asshole engineers as well as I am in that field. Granted the ratio of asshole engineers to asshole brokers is much less. In general higher education is common amongst engineers and thus self realization of when one is being a jerk is more common.
Yours is a story I hear all the time. Regardless of whether they are brokers or realtors or car dealers or whatever. Cannot argue with it at all. All I can say is there are good ones and bad ones and I know alot in both camps.
SD Realtor
ParticipantDWCAP no offense taken at all… It has nothing to do with market pricing. She does not value a home as an asset and as I said we are in a position where our next purchase will be a long term one until our toddlers grow into slackers that I can then boot out of the house.
It is simply the lifestyle of renting that she has grown well tired of. I have posted many times about it and will spare the board the minutae (probably mispelled).
I will not or cannot argue with anyone that the economics behind her decision are rational because they are not. We are a fortunate household that can afford to buy. However the crabby old man of the house, as I am most commonly referred to, refuses to let go of the economics behind the decision.
*******
Matt I understand what you are saying… I have met plenty of crappy brokers. Consequently I have met plenty of asshole engineers as well as I am in that field. Granted the ratio of asshole engineers to asshole brokers is much less. In general higher education is common amongst engineers and thus self realization of when one is being a jerk is more common.
Yours is a story I hear all the time. Regardless of whether they are brokers or realtors or car dealers or whatever. Cannot argue with it at all. All I can say is there are good ones and bad ones and I know alot in both camps.
SD Realtor
ParticipantBluefins my read would be as follows… To me the nice thing about the outlying areas such as Temecula and Murrieta is that they have been leading the curve downward. While many people who are looking for more premium areas like CV, 4S, LCV etc, and frustrated by lack of movement or slower movements, this is not the case for the area you are looking in.
It could is arguable that areas that have depreciated substantially will hit a support level sooner because eventually the properties will pencil out to investors. Please do not confuse my statement with saying Murrieta is going to stop depreciating. The truth is that I have no clue if it will or will not. I would SPECULATE that it will continue to move down HOWEVER I THINK it could bottom out sooner then say more premium areas of San Diego. Thus, while I believe a bottom is achieved sometime on 2010 or 2011 for some parts of town, you may find significant risk reduction in Murrieta by waiting another year or 18 months as opposed to say 3 years.
Now, will the drop in price mitigate the rise in interest rates? Hard to say. I think it will because rising interest rates will push pricing lower.
Probably not to helpful but hopefully you get something out of it. You did not mention any intangibles about the home such as how long it was on the market, recent comps in the neighborhood, etc…
My personal read is that if you pull out and chill for another year you will get a better deal then todays deal.
SD Realtor
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