Housing Market

[Blanco]

I'm watching the news & there saying that People trying to sell their homes are not selling because they're having a hard time letting them selves drop the price for their home that they missed out selling high at a profit....
so now as many of us have noticed the Homes just sit unsold & now were facing a possible change in the market.... They saying the prices have to drop....

& They added the price of fuel these days makes it harder for the buyer to consider such an expense So combing fuel Cost & so forth the prices for homes will have to come down if these people expect to sell their homes..:ewg:

[Bronkzilla]

10 years ago houses in my area were going from 140-210k... Nowadays the same houses start at 490K... the ****ed up part is that people are buying them within a month or so of them being listed.. the prices keep going up and people keep buying them.. At this point i cant see myself buying a house in So-Cal at these crazy prices..

[Blanco]

At this point i cant see myself buying a house in So-Cal at these crazy prices..
I feel your pain....:verymad:

[ThePOWERtoRULE]

Beter than NorCal...

Personally, I think rising gas prices (and in turn costs) and the generally improving economy are going to create inflation... and the fed will raise rates to try and control inflation. I think that house prices will fall if they continue to raise rates... or they'll at least level out. If they mess up and either don't anticipate it and hike the rates, the inflation will eventually kill the market, or if they over compensate like they did in the late 90s, they'll drive the market into a recession by cutting deeply into the money supply with an unnecessary rate hike.

So I'm going to hold off...as much as I'd like to buy ASAP.

[87BIIXLT4x4]

nah go buy out in MS ... still can get a house built for 80grand, with a nice slice of land, and still have some money left over

[Blanco]

:cooool: I wondered if this thread would get any replies...
& all the info you can throw at this thread would be very appreciated..

I dont have lots saved up but I'm trying ....

[ThePOWERtoRULE]

California uber alles
http://broncoii.org/fordforum/html/emoticons/headbang.gif

[87BIIXLT4x4]

I dont have lots saved up but I'm trying ....




as long as u have a Money Hole.... and a Money Pit.... that will never happen lol...


personally as soon as i get out of school, get a job, im outta this state first chance i get...

[CJ7on33's]

going to live on a military base as long as i can

[RocZuk]

On Wednesday the Feds are raising the rate to 5 which is the 3rd time in the past 18 months. We don't see the affect til 8-9 months down the road but according to the jumps we've been having and what consumers are willing to allow; end of this year, beginning of next we will see it level off and go down some. IMO

[79F150]

I bought my house at 79,900 10 years ago and now the same house is selling for 140,000... With my house note under $700 amonth for a 3 BR 2 Bth. I am not moveing...


At the rate our market is going my house note is going to be equal to a car note before long...


This is why people from up north move here. My neighbors moved here from Boston and from the profit from thier house in Boston they paid cash for the house next to me... They are my age (34) so it is not like they are 60 and paid on a house for 30 something years....:waiting:

[Blanco]

my house note under $700 amonth for a 3 BR 2 Bth.
:eek: I pay $800.00 for a one bedroom Apt...

[79F150]

:eek: I pay $800.00 for a one bedroom Apt...




Your regionally handycapped....:eric[1]:

[ChevyMan 67]

I pay $920 for a house... location, location, location :wiggle tongue: 3br, 2 1/2 bath, boat gates/access, 3 car garage...

[Couch Slouch]

We pay $975 for a two bedroom,two bath apt with a garage...believe me its the cheapest around here.I hope to move to Arizona or Nevada next winter and buy a house.Anybody here live in AR or NV?

[Blanco]

I pay $920 for a house... location, location, location :wiggle tongue: 3br, 2 1/2 bath, boat gates/access, 3 car garage...
Yeah but you live in the 909! :rolleyes:

[CJ7on33's]

parents paid 625 for 3 bed 2 bath house but they just paid it off

[ThePOWERtoRULE]

:eek: I pay $800.00 for a one bedroom Apt...

:13:



...and it's the 951 these days! :17: :17:

[Froggmann]

Between my roommates and I we pay 1850 for a 4 bd 2 ba house with detached garage.

Oh and ChevyMan 67 I hate you. 79F150 I hate you even more. :verymad: But at least things are starting to plateu now...

[79F150]

:17:

[ChevyMan 67]

:17:

[ThePOWERtoRULE]

I'd like to buy, but a few things stand in the way:

1) The lovely lady doesn't want to buy, she'd rather go out to dinner every other night like we do now. :jerkit: (I'm over simplifying it... we just live well now, and she likes it that way and doens't see it as a fair trade)
2) I personally think the market is going to begin to fall, or at least level off... especially places on the "edge" of major commuting possibilites (e.g. Victorville, Temecula, maybe Riverside and San Bernardino to a lesser extent... up north Santa Rosa, Vacaville, Antioch, Livermore)
3) I really don't want to live down here too too long. I see myself in SoCal for another 2-5 years.

So that's why I haven't bought...yet.:cheers:

[Blanco]

Dont take this the wrong way.....
But you may want to change lovely ladies to one that is not about how she wont have to cook & clean because you can go out everynight & that she wants to do her part & take care of you, You do her (Obviously)
So that you two Can own a piece of the american dream...:m2c:
like I said dont get mad at me for my comment but I'm repling to how you put it.

Its not all about her is it???? Her> http://www.supermotors.org/getfile/290581/fullsize/kissass.gif < you???

I myself plan on staying here in the Los angeles area I am more or less locked into my Carrer & love it! :cheers:
I dont want to change it either So I need to stay here & so I'll keep watching the market & hope to Find deal right here in BUrbank! :o

[ThePOWERtoRULE]

lol, it's not actually that bad. she cooks and cleans plenty, and honestly she's not high maint.

She's not interested in expensive clothes and purses and shoes... none of that stuff. Just food. Which is amazing, because she's pretty skinny if you look at her pic in the other thread...:rofl:

[Froggmann]

Well guys if/when it comes to that purchase I do work for a mortgage company. At least for now. Still a temp and things are a little slow.

[Blanco]

HOLLY CRAP! :eek:

I just got off the phone with a loan dude that was Highly recomended & I was told even with my excellent credit .
If I get a house that cost around $650.000 I would have a payment (including INS. & Taxes) would be about $3500.00 to $4000.00 a month! http://bestsmileys.com/big/4.gif

[79F150]

I found you a fixer upper....:eric[1]:




http://www.friedmanarchives.com/British%20Columbia/images/Shack%20-%20vertical%208x10%20300%20dpi.jpg

[CJ7on33's]

lol nice Dale. and damn Cam thats f'n expensive I'd still with the apartment or find another place to live thats still close to where you work.

Cam join the Naval Reserves 20G signing bonus 1 weekend a month 2 weeks a year think they give you a housing allowance.

[Blanco]

Cam join the Naval Reserves 20G signing bonus 1 weekend a month 2 weeks a year think they give you a housing allowance.
I think I'm beyond the age they accept, Not to mention a bit out of shape. :paperbag:


& Dale That house dont look that Bad.
Considering the Prices in Los Angeles..:bangdesk:
http://www.friedmanarchives.com/British%20Columbia/images/Shack%20-%20vertical%208x10%20300%20dpi.jpg

Of course I'd probably only be able to reach it in my 4x4's from how it looks.

[79F150]

My sisters old house had a driveway that was 9/10's of a mile and you had to cross a creek...:eek:

[Blanco]

I wonder what it cost to Buy a Bar instead? :13_4_10: :13_4_1v:

[79F150]

Commercial property is even 10 times as much than residential...

[CJ7on33's]

I think I'm beyond the age they accept, Not to mention a bit out of shape. :paperbag:

What your 39 age limit is 42 and we just put a dude in that was like 6 ft almost 300 pounds. so dont give me none of that bullshiat