Nor_LA-Temcu-SD-Guy
Yea We have a FDIC CD with Countrywide Bank,
My wife was on the phone trying to get our money out anyway,
Took all day to get through, seems they are having a bit of a run on the bank.
IMO, I don’t think the Fed pumping more money is going to help the SD real estate market much.
Fact is you need to make about 250K a year to afford a 600K to 1 Mil home (if you ever plan on paying it off anyway).
That won’t change.
I see CountryWide going BK,
Yes this is looking more contained in a well… ahh
I mean Well Contained everyday !!
I think that if you are in Tax free Muni’s you should be OK,
Anyone know more ???
“Tucson. My wife’s family is there. And if we compare San Diego and Tucson homes in the 600-700k range, there’s no comparison!
I know, it’s HOT!”
You should be able to get one with a nice pool for that there I would think,
