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Discussion in 'Economics and Financials' started by joeydolfan, Mar 3, 2009.
Are people really not trying to buy or just not qualifying to buy?
Because it appears to be a great time to buy IMO.
People are afraid. If you don't have confidence in your job, you're not going to buy.
It's a better time to buy than it was before, but lets say 2009 really is a crappy year for the economy. Housing may be cheaper on 12/31/2009 than it is today, and they might have a better idea of their job situation.
Me and the lady are looking right now, just put an offer in last week. But prices on non-distressed properties in nice areas are still expensive here in San Diego. Houses we actually like, and non-distressed, are going for $600k-700k still (house we looked at was $575k-625k)
I thought my house was pretty cheap, but I could not even imagine that house payment.
That isnt even an expensive house in So Cal.
I think I need to move lol
That would be anywhere from 3-4 of my houses.