[waiting for bottom]

Of course we all know that sals activity will pick up in the spring, that’s common sense. I just don’t think it will be at a higher price than we have today. I’m quite certain it will be lower. There will a a few home builders with some major slashes in January that will start it all. Maybe even the REO’s will start moving by then.

I don’t expect to pay less than $500K. If I could get 4 bedrooms and 2500 sq ft in a nice neighborhood in 92011 for 600-650, I would buy today. Right now, that is 799 which is unacceptable. It was 899 a few months ago….but 350 5 years ago. I will pay 5% for inflation since purchase, nothing more.

My company bought my old house in the midwest and will pay my closing costs on a new house if I buy before August. But why would I risk losing 100K to save 15K? I would like to think that other relo’s have at least half a brain to figure that out.

This is why I am waiting for the bottom.

[waiting for bottom]

Of course we all know that sals activity will pick up in the spring, that’s common sense. I just don’t think it will be at a higher price than we have today. I’m quite certain it will be lower. There will a a few home builders with some major slashes in January that will start it all. Maybe even the REO’s will start moving by then.

I don’t expect to pay less than $500K. If I could get 4 bedrooms and 2500 sq ft in a nice neighborhood in 92011 for 600-650, I would buy today. Right now, that is 799 which is unacceptable. It was 899 a few months ago….but 350 5 years ago. I will pay 5% for inflation since purchase, nothing more.

My company bought my old house in the midwest and will pay my closing costs on a new house if I buy before August. But why would I risk losing 100K to save 15K? I would like to think that other relo’s have at least half a brain to figure that out.

This is why I am waiting for the bottom.

[waiting for bottom]

Of course we all know that sals activity will pick up in the spring, that’s common sense. I just don’t think it will be at a higher price than we have today. I’m quite certain it will be lower. There will a a few home builders with some major slashes in January that will start it all. Maybe even the REO’s will start moving by then.

I don’t expect to pay less than $500K. If I could get 4 bedrooms and 2500 sq ft in a nice neighborhood in 92011 for 600-650, I would buy today. Right now, that is 799 which is unacceptable. It was 899 a few months ago….but 350 5 years ago. I will pay 5% for inflation since purchase, nothing more.

My company bought my old house in the midwest and will pay my closing costs on a new house if I buy before August. But why would I risk losing 100K to save 15K? I would like to think that other relo’s have at least half a brain to figure that out.

This is why I am waiting for the bottom.

[waiting for bottom]

Of course we all know that sals activity will pick up in the spring, that’s common sense. I just don’t think it will be at a higher price than we have today. I’m quite certain it will be lower. There will a a few home builders with some major slashes in January that will start it all. Maybe even the REO’s will start moving by then.

I don’t expect to pay less than $500K. If I could get 4 bedrooms and 2500 sq ft in a nice neighborhood in 92011 for 600-650, I would buy today. Right now, that is 799 which is unacceptable. It was 899 a few months ago….but 350 5 years ago. I will pay 5% for inflation since purchase, nothing more.

My company bought my old house in the midwest and will pay my closing costs on a new house if I buy before August. But why would I risk losing 100K to save 15K? I would like to think that other relo’s have at least half a brain to figure that out.

This is why I am waiting for the bottom.

[waiting for bottom]

Of course we all know that sals activity will pick up in the spring, that’s common sense. I just don’t think it will be at a higher price than we have today. I’m quite certain it will be lower. There will a a few home builders with some major slashes in January that will start it all. Maybe even the REO’s will start moving by then.

I don’t expect to pay less than $500K. If I could get 4 bedrooms and 2500 sq ft in a nice neighborhood in 92011 for 600-650, I would buy today. Right now, that is 799 which is unacceptable. It was 899 a few months ago….but 350 5 years ago. I will pay 5% for inflation since purchase, nothing more.

My company bought my old house in the midwest and will pay my closing costs on a new house if I buy before August. But why would I risk losing 100K to save 15K? I would like to think that other relo’s have at least half a brain to figure that out.

This is why I am waiting for the bottom.

[waiting for bottom]

Relo people who have not bought since I move here in August:

Corporate finance – 150K+, rents in Carrillo
Operations Director – 130-160K, rents in “Aviara”
Lawyer – don’t know – rents in Alga Hills
Construction manager – 150K+ – rents in Oceanside
Self employed – don’t know but spends like crazy – rents in Calavera Hills

That’s 5 in 3 months. All waiting for the bottom just like yours truly. These are just random people my wife has met through play groups.

[waiting for bottom]

Relo people who have not bought since I move here in August:

Corporate finance – 150K+, rents in Carrillo
Operations Director – 130-160K, rents in “Aviara”
Lawyer – don’t know – rents in Alga Hills
Construction manager – 150K+ – rents in Oceanside
Self employed – don’t know but spends like crazy – rents in Calavera Hills

That’s 5 in 3 months. All waiting for the bottom just like yours truly. These are just random people my wife has met through play groups.

[waiting for bottom]

Relo people who have not bought since I move here in August:

Corporate finance – 150K+, rents in Carrillo
Operations Director – 130-160K, rents in “Aviara”
Lawyer – don’t know – rents in Alga Hills
Construction manager – 150K+ – rents in Oceanside
Self employed – don’t know but spends like crazy – rents in Calavera Hills

That’s 5 in 3 months. All waiting for the bottom just like yours truly. These are just random people my wife has met through play groups.

[waiting for bottom]

Relo people who have not bought since I move here in August:

Corporate finance – 150K+, rents in Carrillo
Operations Director – 130-160K, rents in “Aviara”
Lawyer – don’t know – rents in Alga Hills
Construction manager – 150K+ – rents in Oceanside
Self employed – don’t know but spends like crazy – rents in Calavera Hills

That’s 5 in 3 months. All waiting for the bottom just like yours truly. These are just random people my wife has met through play groups.

[waiting for bottom]

Relo people who have not bought since I move here in August:

Corporate finance – 150K+, rents in Carrillo
Operations Director – 130-160K, rents in “Aviara”
Lawyer – don’t know – rents in Alga Hills
Construction manager – 150K+ – rents in Oceanside
Self employed – don’t know but spends like crazy – rents in Calavera Hills

That’s 5 in 3 months. All waiting for the bottom just like yours truly. These are just random people my wife has met through play groups.

[waiting for bottom]

sdrealtor – you may or may not be a knowledable guy but you are talking out of both sides of your mouth consistenly here.

Any way you slice it, you are being bullish on the biggest bear market we have ever seen. “I didn’t say they would rise, I said they would stregnthen”. You should run for President as a Senator from MA with all this flip-flopping.

They always buy, right. Just like houses always go up in value.

[waiting for bottom]

sdrealtor – you may or may not be a knowledable guy but you are talking out of both sides of your mouth consistenly here.

Any way you slice it, you are being bullish on the biggest bear market we have ever seen. “I didn’t say they would rise, I said they would stregnthen”. You should run for President as a Senator from MA with all this flip-flopping.

They always buy, right. Just like houses always go up in value.

[waiting for bottom]

sdrealtor – you may or may not be a knowledable guy but you are talking out of both sides of your mouth consistenly here.

Any way you slice it, you are being bullish on the biggest bear market we have ever seen. “I didn’t say they would rise, I said they would stregnthen”. You should run for President as a Senator from MA with all this flip-flopping.

They always buy, right. Just like houses always go up in value.

[waiting for bottom]

sdrealtor – you may or may not be a knowledable guy but you are talking out of both sides of your mouth consistenly here.

Any way you slice it, you are being bullish on the biggest bear market we have ever seen. “I didn’t say they would rise, I said they would stregnthen”. You should run for President as a Senator from MA with all this flip-flopping.

They always buy, right. Just like houses always go up in value.

[waiting for bottom]

sdrealtor – you may or may not be a knowledable guy but you are talking out of both sides of your mouth consistenly here.

Any way you slice it, you are being bullish on the biggest bear market we have ever seen. “I didn’t say they would rise, I said they would stregnthen”. You should run for President as a Senator from MA with all this flip-flopping.

They always buy, right. Just like houses always go up in value.

[Author]

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