Comments on: San Diego Real Estate Recovery? http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html San Diego real estate market blog - San Diego real estate market 'Inside' views & opinion Fri, 10 Sep 2010 18:57:37 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Experienced Soul http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html/comment-page-1#comment-73385 Experienced Soul Mon, 09 Feb 2009 18:16:13 +0000 http://www.brokerforyou.com/brokerforyou/?p=593#comment-73385 Okay SD Atty, but consider this: After the initial irrational exuberance that tripled our homes' "values" in 8 years, what are the chances of our homes' values reverting to the mean? In other words, in this time of (rational?) depression, what's to prevent our homes' "values" from returning to their original purchased prices--or lower? Every time I look at long term charts of SD home values, I'm taken by how irrational the upward spike of the last 10 years looks in relation to the longer term trends. Bottom line: A purely rational assessment points to much, much lower home values here in San Diego, even over the long term. >Buying a home is a long term deal. I bought 10 years ago, value has doubled >(a couple of years ago I could say tripled), and in 5 years house will be >paid off. No more mortgage! Okay SD Atty, but consider this: After the initial irrational exuberance that tripled our homes’ “values” in 8 years, what are the chances of our homes’ values reverting to the mean? In other words, in this time of (rational?) depression, what’s to prevent our homes’ “values” from returning to their original purchased prices–or lower?

Every time I look at long term charts of SD home values, I’m taken by how irrational the upward spike of the last 10 years looks in relation to the longer term trends. Bottom line: A purely rational assessment points to much, much lower home values here in San Diego, even over the long term.

>Buying a home is a long term deal. I bought 10 years ago, value has doubled
>(a couple of years ago I could say tripled), and in 5 years house will be
>paid off. No more mortgage!

]]> By: San Diego lawyers http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html/comment-page-1#comment-73195 San Diego lawyers Sat, 07 Feb 2009 00:35:45 +0000 http://www.brokerforyou.com/brokerforyou/?p=593#comment-73195 Buying a home is a long term deal. I bought 10 years ago, value has doubled (a couple of years ago I could say tripled), and in 5 years house will be paid off. No more mortgage! Try that with a rental! Yeah... commute sucks. <strong><em><a href="http://www.sandiegolawyerforyou.com">San Diego Criminal Attorney</a></em></strong> Buying a home is a long term deal. I bought 10 years ago, value has doubled (a couple of years ago I could say tripled), and in 5 years house will be paid off. No more mortgage! Try that with a rental! Yeah… commute sucks.
San Diego Criminal Attorney

]]> By: Orange County attorneys http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html/comment-page-1#comment-73194 Orange County attorneys Sat, 07 Feb 2009 00:34:41 +0000 http://www.brokerforyou.com/brokerforyou/?p=593#comment-73194 Stop land speculation, tax home sales under 5 years, require people to live in a home for 5 years, slow down the home flipping, etc. <strong><<a href="http://www.la-orange-county-lawyers-attorney-directory.com">Orange County Lawyer</a>/strong> Stop land speculation, tax home sales under 5 years, require people to live in a home for 5 years, slow down the home flipping, etc.
< Orange County Lawyer/strong>

]]> By: Tijuana Mexico Dentist http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html/comment-page-1#comment-73193 Tijuana Mexico Dentist Sat, 07 Feb 2009 00:34:00 +0000 http://www.brokerforyou.com/brokerforyou/?p=593#comment-73193 Where can I buy a cheap house? In what part of San Diego? <strong><em><a href="ttp://www.san-diego-dentist.us">Tijuana Dentist</a></em></strong> Where can I buy a cheap house? In what part of San Diego?
Tijuana Dentist

]]> By: San Diego County real estate agents http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-recovery.html/comment-page-1#comment-73192 San Diego County real estate agents Sat, 07 Feb 2009 00:32:53 +0000 http://www.brokerforyou.com/brokerforyou/?p=593#comment-73192 I hope this optimism is well-placed. I've been following this blog for a very long time and everything I read, especially the truer outlook vs. pie-in-the-sky optimism has borne out. This would be a welcome turn of the market. <strong><em><a href="http://www.sandiegorealestatelibrary.info">San Diego Real Estate Investment</a></em></strong> I hope this optimism is well-placed. I’ve been following this blog for a very long time and everything I read, especially the truer outlook vs. pie-in-the-sky optimism has borne out. This would be a welcome turn of the market.
San Diego Real Estate Investment

]]>