Forum Replies Created
-
AuthorPosts
-
SD Realtor
ParticipantYes you could!
A few things…. and this is probably out of personal preference but I still think it is good advice. Don’t buy on a busier street. Don’t buy a home that backs to a noisy street or freeway. Never underestimate orientation along with peace and quiet and furthermore safety if you have kids. It just is not worth it. You said it yourself, you can always fix up a home. You can never make a noisy area quieter. You can never make your neighbors home better either. PUSD is great but is it nirvana? Certainly not. Yes for 500k you could find some nicer alternatives. They may be a bit farther away or a different school district but… maybe it is a consideration. Kind of makes your head spin if you think about it to much though so my advice is to enjoy the beach this weekend. You have been shooting up housing to much lately.
SD Realtor
ParticipantYes you could!
A few things…. and this is probably out of personal preference but I still think it is good advice. Don’t buy on a busier street. Don’t buy a home that backs to a noisy street or freeway. Never underestimate orientation along with peace and quiet and furthermore safety if you have kids. It just is not worth it. You said it yourself, you can always fix up a home. You can never make a noisy area quieter. You can never make your neighbors home better either. PUSD is great but is it nirvana? Certainly not. Yes for 500k you could find some nicer alternatives. They may be a bit farther away or a different school district but… maybe it is a consideration. Kind of makes your head spin if you think about it to much though so my advice is to enjoy the beach this weekend. You have been shooting up housing to much lately.
SD Realtor
ParticipantYes you could!
A few things…. and this is probably out of personal preference but I still think it is good advice. Don’t buy on a busier street. Don’t buy a home that backs to a noisy street or freeway. Never underestimate orientation along with peace and quiet and furthermore safety if you have kids. It just is not worth it. You said it yourself, you can always fix up a home. You can never make a noisy area quieter. You can never make your neighbors home better either. PUSD is great but is it nirvana? Certainly not. Yes for 500k you could find some nicer alternatives. They may be a bit farther away or a different school district but… maybe it is a consideration. Kind of makes your head spin if you think about it to much though so my advice is to enjoy the beach this weekend. You have been shooting up housing to much lately.
SD Realtor
ParticipantIt would not surprise me if it went close to the listing price. It is pending. It is not in the area of PQ I would want to be in. Anyone that knows PQ also knows that Calle de las Rosas is not a quiet street. It is a feeder into RPQ Blvd and then ti I15 or 56. The home is priced to reflect that. Take that same sf and plop it down on the west side of PQ and you are looking at 525k or more. House was built in the 70’s with no AC and a backyard that is mostly slope. So for me personally I give it a 5 or 6. Not thrilled with the home, the yard, or the area. However the fact that it sold in 7 days indicates that they probably got a few offers at least and because of the poor inventory it was like shooting fish in a barrel for the seller. Confidential remarks do say that it is subject to the owner finding a place as well.
SD Realtor
ParticipantIt would not surprise me if it went close to the listing price. It is pending. It is not in the area of PQ I would want to be in. Anyone that knows PQ also knows that Calle de las Rosas is not a quiet street. It is a feeder into RPQ Blvd and then ti I15 or 56. The home is priced to reflect that. Take that same sf and plop it down on the west side of PQ and you are looking at 525k or more. House was built in the 70’s with no AC and a backyard that is mostly slope. So for me personally I give it a 5 or 6. Not thrilled with the home, the yard, or the area. However the fact that it sold in 7 days indicates that they probably got a few offers at least and because of the poor inventory it was like shooting fish in a barrel for the seller. Confidential remarks do say that it is subject to the owner finding a place as well.
SD Realtor
ParticipantIt would not surprise me if it went close to the listing price. It is pending. It is not in the area of PQ I would want to be in. Anyone that knows PQ also knows that Calle de las Rosas is not a quiet street. It is a feeder into RPQ Blvd and then ti I15 or 56. The home is priced to reflect that. Take that same sf and plop it down on the west side of PQ and you are looking at 525k or more. House was built in the 70’s with no AC and a backyard that is mostly slope. So for me personally I give it a 5 or 6. Not thrilled with the home, the yard, or the area. However the fact that it sold in 7 days indicates that they probably got a few offers at least and because of the poor inventory it was like shooting fish in a barrel for the seller. Confidential remarks do say that it is subject to the owner finding a place as well.
SD Realtor
ParticipantIt would not surprise me if it went close to the listing price. It is pending. It is not in the area of PQ I would want to be in. Anyone that knows PQ also knows that Calle de las Rosas is not a quiet street. It is a feeder into RPQ Blvd and then ti I15 or 56. The home is priced to reflect that. Take that same sf and plop it down on the west side of PQ and you are looking at 525k or more. House was built in the 70’s with no AC and a backyard that is mostly slope. So for me personally I give it a 5 or 6. Not thrilled with the home, the yard, or the area. However the fact that it sold in 7 days indicates that they probably got a few offers at least and because of the poor inventory it was like shooting fish in a barrel for the seller. Confidential remarks do say that it is subject to the owner finding a place as well.
SD Realtor
ParticipantIt would not surprise me if it went close to the listing price. It is pending. It is not in the area of PQ I would want to be in. Anyone that knows PQ also knows that Calle de las Rosas is not a quiet street. It is a feeder into RPQ Blvd and then ti I15 or 56. The home is priced to reflect that. Take that same sf and plop it down on the west side of PQ and you are looking at 525k or more. House was built in the 70’s with no AC and a backyard that is mostly slope. So for me personally I give it a 5 or 6. Not thrilled with the home, the yard, or the area. However the fact that it sold in 7 days indicates that they probably got a few offers at least and because of the poor inventory it was like shooting fish in a barrel for the seller. Confidential remarks do say that it is subject to the owner finding a place as well.
SD Realtor
ParticipantScarlett I know it is a really tough call. The thing is that you can play with numbers alot and really get them to bend in the direction you want to unless we are at extremes of the spectrum like say 04 or 05. The problem is that as much as we came down, in many of the areas that you and others want to live in, we really didn’t come down as much as we want to THINK we came down. We have also bounced off those levels. The bottom line is that you need to live your life as best you can for yourself and family. For some that means renting forever and for others it means buying. Nobody on this blog can make that choice for you. As many perma bears that there are I believe those that have bought in the past 18 months vastly outweigh the permabears. They are not dummies nor are they genuises, just people who wanted to move on. Nothing can ever replace ownership but you cannot gaurantee appreciation no matter what. It is a tough call. I don’t think the world will fall off a cliff tomorrow like some here do. If it does fall off a cliff will it make much of a difference if you rented verses bought? Hard to say. Will prices go down? Yes. When? Don’t know, I don’t think for a year or a few because the govt is not going to be able to cope with high rates for quite awhile. Not our govt, not the germans, not the chinese. When rates do go to where they will need to be, yes deals will then be had.
SD Realtor
ParticipantScarlett I know it is a really tough call. The thing is that you can play with numbers alot and really get them to bend in the direction you want to unless we are at extremes of the spectrum like say 04 or 05. The problem is that as much as we came down, in many of the areas that you and others want to live in, we really didn’t come down as much as we want to THINK we came down. We have also bounced off those levels. The bottom line is that you need to live your life as best you can for yourself and family. For some that means renting forever and for others it means buying. Nobody on this blog can make that choice for you. As many perma bears that there are I believe those that have bought in the past 18 months vastly outweigh the permabears. They are not dummies nor are they genuises, just people who wanted to move on. Nothing can ever replace ownership but you cannot gaurantee appreciation no matter what. It is a tough call. I don’t think the world will fall off a cliff tomorrow like some here do. If it does fall off a cliff will it make much of a difference if you rented verses bought? Hard to say. Will prices go down? Yes. When? Don’t know, I don’t think for a year or a few because the govt is not going to be able to cope with high rates for quite awhile. Not our govt, not the germans, not the chinese. When rates do go to where they will need to be, yes deals will then be had.
SD Realtor
ParticipantScarlett I know it is a really tough call. The thing is that you can play with numbers alot and really get them to bend in the direction you want to unless we are at extremes of the spectrum like say 04 or 05. The problem is that as much as we came down, in many of the areas that you and others want to live in, we really didn’t come down as much as we want to THINK we came down. We have also bounced off those levels. The bottom line is that you need to live your life as best you can for yourself and family. For some that means renting forever and for others it means buying. Nobody on this blog can make that choice for you. As many perma bears that there are I believe those that have bought in the past 18 months vastly outweigh the permabears. They are not dummies nor are they genuises, just people who wanted to move on. Nothing can ever replace ownership but you cannot gaurantee appreciation no matter what. It is a tough call. I don’t think the world will fall off a cliff tomorrow like some here do. If it does fall off a cliff will it make much of a difference if you rented verses bought? Hard to say. Will prices go down? Yes. When? Don’t know, I don’t think for a year or a few because the govt is not going to be able to cope with high rates for quite awhile. Not our govt, not the germans, not the chinese. When rates do go to where they will need to be, yes deals will then be had.
SD Realtor
ParticipantScarlett I know it is a really tough call. The thing is that you can play with numbers alot and really get them to bend in the direction you want to unless we are at extremes of the spectrum like say 04 or 05. The problem is that as much as we came down, in many of the areas that you and others want to live in, we really didn’t come down as much as we want to THINK we came down. We have also bounced off those levels. The bottom line is that you need to live your life as best you can for yourself and family. For some that means renting forever and for others it means buying. Nobody on this blog can make that choice for you. As many perma bears that there are I believe those that have bought in the past 18 months vastly outweigh the permabears. They are not dummies nor are they genuises, just people who wanted to move on. Nothing can ever replace ownership but you cannot gaurantee appreciation no matter what. It is a tough call. I don’t think the world will fall off a cliff tomorrow like some here do. If it does fall off a cliff will it make much of a difference if you rented verses bought? Hard to say. Will prices go down? Yes. When? Don’t know, I don’t think for a year or a few because the govt is not going to be able to cope with high rates for quite awhile. Not our govt, not the germans, not the chinese. When rates do go to where they will need to be, yes deals will then be had.
SD Realtor
ParticipantScarlett I know it is a really tough call. The thing is that you can play with numbers alot and really get them to bend in the direction you want to unless we are at extremes of the spectrum like say 04 or 05. The problem is that as much as we came down, in many of the areas that you and others want to live in, we really didn’t come down as much as we want to THINK we came down. We have also bounced off those levels. The bottom line is that you need to live your life as best you can for yourself and family. For some that means renting forever and for others it means buying. Nobody on this blog can make that choice for you. As many perma bears that there are I believe those that have bought in the past 18 months vastly outweigh the permabears. They are not dummies nor are they genuises, just people who wanted to move on. Nothing can ever replace ownership but you cannot gaurantee appreciation no matter what. It is a tough call. I don’t think the world will fall off a cliff tomorrow like some here do. If it does fall off a cliff will it make much of a difference if you rented verses bought? Hard to say. Will prices go down? Yes. When? Don’t know, I don’t think for a year or a few because the govt is not going to be able to cope with high rates for quite awhile. Not our govt, not the germans, not the chinese. When rates do go to where they will need to be, yes deals will then be had.
SD Realtor
ParticipantYes it is all fine to prognosticate what would have been done and should have been done. The problem is the golden rule. Those that have the gold rule. For those of you who think this is the end of the little tricks they will play and that the taxpayers will no longer tolerate subsidies, I hate to say it but you are pulling the same ostrich with your head in the sand that illogical sellers did when the market started to deteriorate. What those in power are doing is not right. However they do not have an objective to make things right, to promote a free market, or to provide an affordable home for a San Diego citizen. They have an objective to continue to make money and continue to stay in power. Unfortunately this is orthogonal to your objective. It is not a good time to buy or a bad time to buy. However it is a good time to realize where you stand in the overall order of things and plan accordingly. It will be credit or lack there of that brings the house of cards down. The problem is that there are alot of cards still left in the deck.
-
AuthorPosts
