Forum Replies Created
-
AuthorPosts
-
sdrealtor
ParticipantBugs,
Bad example using Bressi Ranch. Those homes were built with Lennar’s EI (Everthing’s Included) packages which included very nice cabinets, granite, stainless steel appliances etc. Many of those homes were sold with upgrades on flooring only.ParticipantBugs,
Bad example using Bressi Ranch. Those homes were built with Lennar’s EI (Everthing’s Included) packages which included very nice cabinets, granite, stainless steel appliances etc. Many of those homes were sold with upgrades on flooring only.ParticipantBugs,
Bad example using Bressi Ranch. Those homes were built with Lennar’s EI (Everthing’s Included) packages which included very nice cabinets, granite, stainless steel appliances etc. Many of those homes were sold with upgrades on flooring only.ParticipantBugs,
Bad example using Bressi Ranch. Those homes were built with Lennar’s EI (Everthing’s Included) packages which included very nice cabinets, granite, stainless steel appliances etc. Many of those homes were sold with upgrades on flooring only.ParticipantBugs,
Bad example using Bressi Ranch. Those homes were built with Lennar’s EI (Everthing’s Included) packages which included very nice cabinets, granite, stainless steel appliances etc. Many of those homes were sold with upgrades on flooring only.ParticipantWhile felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.
We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.
ParticipantWhile felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.
We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.
ParticipantWhile felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.
We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.
ParticipantWhile felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.
We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.
ParticipantWhile felix’s point is full of holes there is some truth in it. Finding the house you want is NOT easy. I have 2 clients right now that are big time bear/bubble sitters sitting on wads of cash. They are both expect to spend between $1M to 1.5M.
We have been looking at homes up to about $2.25M. We have been looking at homes for over a year (each has seen over 100 homes), not to buy one but to educate them as to what they want when they are ready to go. Neither has seen a home yet where they’ve come clost to saying, if this home was $X I would buy it today.
ParticipantWhile I dont completely agree with esmith there is alot of truth in what he says. Prior to the funny money credit era, a move-up was typically no more than $150,000 and usually closer to $100,000. The Int only, NINJA loans allowed people to take a couple steps up and we are seeing that unwind nowadays.
Moving up $100,000 generally represents an increase in your monthly housing costs of about $1,000. That in turn requires another $30,000 to $40,000 in annual income to be an easy move. The monster jumps in homes by the majority of move-up buyers are a thing of the past IMO.
I expect this to lead to more of the moving around in a community and less Oceanside/Vista to Encinitas/Carmel Valley jumps. Most people who need a little more room will have to be content finding it around the corner. If they desire to move to a more desireable area they will have to be happy with much less house in most cases.
ParticipantWhile I dont completely agree with esmith there is alot of truth in what he says. Prior to the funny money credit era, a move-up was typically no more than $150,000 and usually closer to $100,000. The Int only, NINJA loans allowed people to take a couple steps up and we are seeing that unwind nowadays.
Moving up $100,000 generally represents an increase in your monthly housing costs of about $1,000. That in turn requires another $30,000 to $40,000 in annual income to be an easy move. The monster jumps in homes by the majority of move-up buyers are a thing of the past IMO.
I expect this to lead to more of the moving around in a community and less Oceanside/Vista to Encinitas/Carmel Valley jumps. Most people who need a little more room will have to be content finding it around the corner. If they desire to move to a more desireable area they will have to be happy with much less house in most cases.
ParticipantWhile I dont completely agree with esmith there is alot of truth in what he says. Prior to the funny money credit era, a move-up was typically no more than $150,000 and usually closer to $100,000. The Int only, NINJA loans allowed people to take a couple steps up and we are seeing that unwind nowadays.
Moving up $100,000 generally represents an increase in your monthly housing costs of about $1,000. That in turn requires another $30,000 to $40,000 in annual income to be an easy move. The monster jumps in homes by the majority of move-up buyers are a thing of the past IMO.
I expect this to lead to more of the moving around in a community and less Oceanside/Vista to Encinitas/Carmel Valley jumps. Most people who need a little more room will have to be content finding it around the corner. If they desire to move to a more desireable area they will have to be happy with much less house in most cases.
ParticipantWhile I dont completely agree with esmith there is alot of truth in what he says. Prior to the funny money credit era, a move-up was typically no more than $150,000 and usually closer to $100,000. The Int only, NINJA loans allowed people to take a couple steps up and we are seeing that unwind nowadays.
Moving up $100,000 generally represents an increase in your monthly housing costs of about $1,000. That in turn requires another $30,000 to $40,000 in annual income to be an easy move. The monster jumps in homes by the majority of move-up buyers are a thing of the past IMO.
I expect this to lead to more of the moving around in a community and less Oceanside/Vista to Encinitas/Carmel Valley jumps. Most people who need a little more room will have to be content finding it around the corner. If they desire to move to a more desireable area they will have to be happy with much less house in most cases.
-
AuthorPosts
