Sey, I don't know Florida at all, but like you I'm just tryin to scoop up while the firesales are going on, what areas do ya think are gonna bounce back big when the market rebounds down there, where should I be looking to invest and where should I be looking if I wanna get a vacation place for my own fun? or should I stick to Cali, pretty much where i've focused for now?
Sey, I don't know Florida at all, but like you I'm just tryin to scoop up while the firesales are going on, what areas do ya think are gonna bounce back big when the market rebounds down there, where should I be looking to invest and where should I be looking if I wanna get a vacation place for my own fun? or should I stick to Cali, pretty much where i've focused for now?
Staying put for 15 years here—
putting all the extra cash into retirement for being
What seems to be happening is that sellers are trying to cling to the spring 2018 prices that their neighbors received, while there aren’t enough buyers in late 2018 willing or able to pay those prices.
In a Fannie Mae survey of home purchase sentiment, the proportion of people who think it is a good time to buy a home has decreased significantly since the spring, to a net 21 percent from 29 percent. But so has the proportion who think it is a good time to sell, which has dropped to 35 percent from 45 percent.
putting all the extra cash into retirement for being
What seems to be happening is that sellers are trying to cling to the spring 2018 prices that their neighbors received, while there aren’t enough buyers in late 2018 willing or able to pay those prices.
In a Fannie Mae survey of home purchase sentiment, the proportion of people who think it is a good time to buy a home has decreased significantly since the spring, to a net 21 percent from 29 percent. But so has the proportion who think it is a good time to sell, which has dropped to 35 percent from 45 percent.
I'm basically straight across the state from you on the east coast and I agree. Shit is staying on the market much much longer then this time last year and the people are still wanting the same prices or higher then what people got last year and its just not moving as fast. We bought a new house last December. 1953 sq ft. 4 bed 2 bath. Bought it for 185k and have put about 65k into it (42k of which was a pool). If I had to guess i'd say its worth around 275-285k now. And my mortgage is only for 130k so i'm pretty happy about it.
I have a 265k home.
Nothing overly special but a nice backyard, big finished basement, and fantastic school district.
Live well below my means. Allows me to save a ton towards early retirement and sleep better at night never stressing over finances.
Could live in a million dollar home with my income and credit but never saw that as a smart financial decision.
My one week take home pay (not even including my wife's pay) is more than enough to cover my mortgage for the month.
Nothing overly special but a nice backyard, big finished basement, and fantastic school district.
Live well below my means. Allows me to save a ton towards early retirement and sleep better at night never stressing over finances.
Could live in a million dollar home with my income and credit but never saw that as a smart financial decision.
My one week take home pay (not even including my wife's pay) is more than enough to cover my mortgage for the month.
My sister owns a home in Campbell, CA. Bought it for about 800k a few years ago and now worth like 1.2M.
About 1600sq ft and is way out dated.
Here in PHX area I have a 2100 sq ft completely upgraded throughout. Not Scottsdale or Paradise Valley but a nicer part of the Valley. And her house is worth 4x mine. Crazy.
Location, location, location...
