Nestor Klan: Thanks Jill B, for this information.
Hans Sachetti: in accordance to your link, l. a. is the costliest. San Diego is amazingly costly, yet almost each super city looks costly to me. yet with coastal Southern California, you get what you pay for. seashores, mountains, wasteland, valley, city, suburbia, u . s . residing, lifestyle.... the place else are you able to rouse early on a Saturday to ski in the morning, hit the bike trails in the late afternoon, watch the sundown on the sea in the evening on your tank precise and turn flops, then end your day having a solid time with acquaintances in the hippest evening club? in case you intend properly it is performed. it relatively is rather magnificent and why i like SoCal....Show more
Joni Ziak: Do not know, but...............Keep in mind...........Times and markets are changing!In California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! ! So, could you afford a loss of 25% of your investment all because of poor timing???This last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.From 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!With all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!For some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:Times and markets are changing!In California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing?! ??This last up cycle was 10 years in many parts of the country! . The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.From 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!With all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!For some great 'insider' articles on the San Diego real estate market, which I believe will apply to any of the hot real estate markets of the past five years.....visit:http://www.brokerforyou.com/brokerforyouhttp://www.downtown-san-diego-real-estate.com/san-...http://www.brokerforyou.comhttp://www.san-diego-for-sale-by-owner.comhttp://www.la-jolla-ca-del-mar-san-diego-real-esta...http://www.brokerforyou.com/blogger/index.htmlhttp://san-diego-coastal-real-estate.blogspot.comhttp://sandiegofsbo.blogspot.comhttp://downtown-san-diego-real-estate-vie! ws.blogsp...http://san-diego-coastal-real-estate.blogspot.comhttp://sandiegofsbo.blogspot.comhttp://downtown-san-diego-real-estate-views.blogsp...http://www.poway-real-estate.infohttp://www.del-mar-real-estate.infohttp://www.la-jolla-real-estate.infohttp://www.los-angeles-real-estate-brokers.comhttp://www.san-jose-real-estate-brokers.comhttp://www.orange-county-real-estate-brokers.comhttp://www.san-francisco-real-estate-brokers.comhttp://www.sacramento-real-estate-broker.com...Show more
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