We bought but we did it in San Diego, where I am terrified to say, our prices havent gone down much.
We bought from buyers who were upside down, so we spent 100K LESS than it was "worth" but we covered their bills so they were fine with it. And since we DIDNT own another house, we were able to close in 28 days (another thing they "needed")
We bought this place with the intention of renting it (4 bedroom 2 bath, 2 miles from San Diego State) and moving to a bigger place in the next few years :) So technically our real estate lady has us on some searches now, but we will start serious looking around June of next year.
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timeasmymeasure
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Date: 2007-06-26 02:42 pm (UTC)We bought but we did it in San Diego, where I am terrified to say, our prices havent gone down much.
We bought from buyers who were upside down, so we spent 100K LESS than it was "worth" but we covered their bills so they were fine with it. And since we DIDNT own another house, we were able to close in 28 days (another thing they "needed")
We bought this place with the intention of renting it (4 bedroom 2 bath, 2 miles from San Diego State) and moving to a bigger place in the next few years :) So technically our real estate lady has us on some searches now, but we will start serious looking around June of next year.