[sdrealtor]

Nicole,
Check out the new listing on Coolngreen. Looks like a very nice remodelled home on a very nice quiet street. Walking distance to elementary and jr high schools. $34/month hoa gets you a pool and tennis courts.

sdr

FWIW, I wouldnt grieve over the Trtion house. My impression of the North shore homes is pretty substandard construction for the area.

[sdrealtor]

cubs or sox

[sdrealtor]

cubs or sox

[sdrealtor]

cubs or sox

[sdrealtor]

cubs or sox

[sdrealtor]

cubs or sox

[sdrealtor]

JWM
Danial was spot on. You only hear what you want. I was inciting nothing. The market is stuck and I said that. the market is going down and I’ve been saying that on this forum for over 2 years. Frankly, I’m surprised how resilient things have been in my area. My opinion, was, is and continues to be 30% off peak ( Spring 2004 in my area) nominally along the coast. In 3 years we have seen a decline of roughly 15% in the area I follow. I think we are about halfway there and think it will take at least 2 more years to get there. Furthermore, I have always believed we will then bottom out for at least 2 or 3 years within a very narrow range. I have publically stated that people shouldnt worry about timing the bottom. If you are willing to wait as long as it takes, the bottom should be pretty apparent and you will be able to buy within 5 to 10% of it for a long time.

So far I have been spot on in my area though I readily admit that I missed the steep and fast decline in the outlying areas like Escondido and Chula Vista.

[sdrealtor]

JWM
Danial was spot on. You only hear what you want. I was inciting nothing. The market is stuck and I said that. the market is going down and I’ve been saying that on this forum for over 2 years. Frankly, I’m surprised how resilient things have been in my area. My opinion, was, is and continues to be 30% off peak ( Spring 2004 in my area) nominally along the coast. In 3 years we have seen a decline of roughly 15% in the area I follow. I think we are about halfway there and think it will take at least 2 more years to get there. Furthermore, I have always believed we will then bottom out for at least 2 or 3 years within a very narrow range. I have publically stated that people shouldnt worry about timing the bottom. If you are willing to wait as long as it takes, the bottom should be pretty apparent and you will be able to buy within 5 to 10% of it for a long time.

So far I have been spot on in my area though I readily admit that I missed the steep and fast decline in the outlying areas like Escondido and Chula Vista.

[sdrealtor]

JWM
Danial was spot on. You only hear what you want. I was inciting nothing. The market is stuck and I said that. the market is going down and I’ve been saying that on this forum for over 2 years. Frankly, I’m surprised how resilient things have been in my area. My opinion, was, is and continues to be 30% off peak ( Spring 2004 in my area) nominally along the coast. In 3 years we have seen a decline of roughly 15% in the area I follow. I think we are about halfway there and think it will take at least 2 more years to get there. Furthermore, I have always believed we will then bottom out for at least 2 or 3 years within a very narrow range. I have publically stated that people shouldnt worry about timing the bottom. If you are willing to wait as long as it takes, the bottom should be pretty apparent and you will be able to buy within 5 to 10% of it for a long time.

So far I have been spot on in my area though I readily admit that I missed the steep and fast decline in the outlying areas like Escondido and Chula Vista.

[sdrealtor]

JWM
Danial was spot on. You only hear what you want. I was inciting nothing. The market is stuck and I said that. the market is going down and I’ve been saying that on this forum for over 2 years. Frankly, I’m surprised how resilient things have been in my area. My opinion, was, is and continues to be 30% off peak ( Spring 2004 in my area) nominally along the coast. In 3 years we have seen a decline of roughly 15% in the area I follow. I think we are about halfway there and think it will take at least 2 more years to get there. Furthermore, I have always believed we will then bottom out for at least 2 or 3 years within a very narrow range. I have publically stated that people shouldnt worry about timing the bottom. If you are willing to wait as long as it takes, the bottom should be pretty apparent and you will be able to buy within 5 to 10% of it for a long time.

So far I have been spot on in my area though I readily admit that I missed the steep and fast decline in the outlying areas like Escondido and Chula Vista.

[sdrealtor]

JWM
Danial was spot on. You only hear what you want. I was inciting nothing. The market is stuck and I said that. the market is going down and I’ve been saying that on this forum for over 2 years. Frankly, I’m surprised how resilient things have been in my area. My opinion, was, is and continues to be 30% off peak ( Spring 2004 in my area) nominally along the coast. In 3 years we have seen a decline of roughly 15% in the area I follow. I think we are about halfway there and think it will take at least 2 more years to get there. Furthermore, I have always believed we will then bottom out for at least 2 or 3 years within a very narrow range. I have publically stated that people shouldnt worry about timing the bottom. If you are willing to wait as long as it takes, the bottom should be pretty apparent and you will be able to buy within 5 to 10% of it for a long time.

So far I have been spot on in my area though I readily admit that I missed the steep and fast decline in the outlying areas like Escondido and Chula Vista.

[sdrealtor]

In the next several years, regretably each of my siblings will receive several hundred thousand dollars from my parents estate which is all invested in cash or cd’s (no more than 100K in any bank). The money couldnt be more secure and there is so much insurance that it would be impossible to spend the assets down. My parents were very middle income folks but children of the depression. They saved everything and lived humbly as I do. I know many other people just like them. There is a HUGE wealth transfer coming to the boomers in the next decade. Whereas our parents were savers, we tend to be spenders and this money will hit the economy in a big way. This is one source that will have a substantial impact on a macro level. I’m sure there are others.

[sdrealtor]

In the next several years, regretably each of my siblings will receive several hundred thousand dollars from my parents estate which is all invested in cash or cd’s (no more than 100K in any bank). The money couldnt be more secure and there is so much insurance that it would be impossible to spend the assets down. My parents were very middle income folks but children of the depression. They saved everything and lived humbly as I do. I know many other people just like them. There is a HUGE wealth transfer coming to the boomers in the next decade. Whereas our parents were savers, we tend to be spenders and this money will hit the economy in a big way. This is one source that will have a substantial impact on a macro level. I’m sure there are others.

[sdrealtor]

In the next several years, regretably each of my siblings will receive several hundred thousand dollars from my parents estate which is all invested in cash or cd’s (no more than 100K in any bank). The money couldnt be more secure and there is so much insurance that it would be impossible to spend the assets down. My parents were very middle income folks but children of the depression. They saved everything and lived humbly as I do. I know many other people just like them. There is a HUGE wealth transfer coming to the boomers in the next decade. Whereas our parents were savers, we tend to be spenders and this money will hit the economy in a big way. This is one source that will have a substantial impact on a macro level. I’m sure there are others.

[sdrealtor]

In the next several years, regretably each of my siblings will receive several hundred thousand dollars from my parents estate which is all invested in cash or cd’s (no more than 100K in any bank). The money couldnt be more secure and there is so much insurance that it would be impossible to spend the assets down. My parents were very middle income folks but children of the depression. They saved everything and lived humbly as I do. I know many other people just like them. There is a HUGE wealth transfer coming to the boomers in the next decade. Whereas our parents were savers, we tend to be spenders and this money will hit the economy in a big way. This is one source that will have a substantial impact on a macro level. I’m sure there are others.

[Author]

Posts