Anyone ever feel like they got into something at the wrong time?

[cpals]

I bought my first starter house in SW FL for $165k around 6 months ago when prices were pretty low already. I consider that I got a pretty decent deal back then, but wish the house was a little bigger. My friend just recently started looking at houses and I was surprised at how much lower the prices have gone for bigger houses than mine. Makes me feel a little buyer's remorse, but I wouldn't have had a house for the last 6 months, which would have sucked too.

Anyways, ever think this way?

 

[yllus]

Not really. Never saw a point to hand-wringing about what could have been.

You should have waited, though.

 

[flunky nassau]

$165K?!?! I'm waiting for a 4 bedroom at 700K to drop to 600K before I buy.


God I hate California.

 

[cpals]

Originally posted by: flunky nassau
$165K?!?! I'm waiting for a 4 bedroom at 700K to drop to 600K before I buy.


God I hate California.

Yeah, 3/2 1260 sq ft... I've seen for sale signs around the area for $140k ish for 3/2 or better and 1500-1700 sq ft. Oh well, hopefully by the time we move (2-4 years) we'll have some equity and can afford a nicer house.

 

[slsmnaz]

real-estate thread: check

bitching poster from CA: check

 

[bctbct]

Originally posted by: slsmnaz
real-estate thread: check

bitching poster from CA: check

lol

 

[alkemyst]

Originally posted by: bctbct

Originally posted by: slsmnaz
real-estate thread: check

bitching poster from CA: check

lol

At $600k he will be back saying he's waiting for $500k.

If you aren't reselling and got a house you are ok with then you should be ok for the long haul (4+ years or so). This is a cyclic thing and I have been through two of them already.

Nice thing is every time the market has come back the peak is higher.

I bought a 4/2 with detached workshop in S. Fl for $265k in June 2007. Probably worth about $235k today plus some improvments I have done. It's nice though and about 1800sq ft, which i thought was a bit small...but the layout is good.

To me getting out of an apartment was worth a bit of a hit in the pocket for a home. Peak on this property was about $400k at the height of the boom.

 

[Oceandevi]

1900 sq ft 4/2 for 73k.... texas baby!

 

[KillerCharlie]

Originally posted by: flunky nassau
$165K?!?! I'm waiting for a 4 bedroom at 700K to drop to 600K before I buy.


God I hate California.

Then shutup or move?