Slewfoot

I'm a:	Home Buyer
Location:	Sacramento San Ramon

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Slewfoot's Questions (1)

Slewfoot's Answers (14)

What is the fair price for the Cantara modles at Positano in Dublin?

Asked Thu Sep 25 2008, 16:33 by Newhomebuyer - Dublin - Home Buying - 13 answers

Slewfoot answered:

Sounds expensive for a house in Dublin. - Sat Sep 27 2008, 18:00

I'm interested in this property in San Ramon (Windemare) but not sure if now is a good time to jump in (given

Asked Wed Sep 24 2008, 15:47 by John_cho - San Ramon - Home Buying - 8 answers

Slewfoot answered:

I like how all the real estate agents are saying "no one has a crystal ball". Back in 2005 all of you had crystal balls that said "realestate prices never go down, if you dont buy now youll live in a garbage can the rest of your life." - Thu Sep 25 2008, 16:46

Is this a good time to buy in San Ramon ( if I am buying in an excellent school district)...or wait for

Asked Tue Sep 16 2008, 16:17 by Windy - San Ramon - Home Buying - 15 answers

Slewfoot answered:

Nothing is "holding it's price" right now. Everything is falling, just at varying rates. I mean seriously, banks are falling by the day, unemployment is ratcheting upwards, and the real estate agents are trying scare you into thinking that if you don't buy now, you'll never own a home. Don't believe them, if you want the best prices keep on waiting, real estate bottoms for months to years before it picks up again.

And no historically based on pure returns, the stock market clobbers real estate as an investment. RE historically appreciates about 1-2% above inflation when you discount the bubble that's currently busting, the market returns 6-8%, and you dont have to pay huge amounts of maintenance and taxes on stocks. - Tue Sep 16 2008, 20:23

Depends on what you want. If you want to buy a house at a small discount from the peak buy now. If you want to buy closer to the bottom, wait a year or so. - Tue Sep 16 2008, 16:27

How are the Housing prices in San ramon? Heard that the prices are going down? Is that true?

Asked Thu Sep 11 2008, 14:45 by Dan - 94582 - Home Buying - 20 answers

Slewfoot answered:

Prices are starting to fall hard on the upper end with the Alt-A resets kicking in. The agent I talked to the other day said Norris Canyon homes are dropping 50K per month! The lower end/subprime seems to dropping more slowly now, but with the peak buying season past and more foreclosure hitting the road, look for prices to fall across the board at least until next spring. - Thu Sep 11 2008, 21:34

Look at this listing

Asked Fri Aug 29 2008, 11:46 by Rouriel Noub… - Dublin - Market Conditions - 2 answers

Slewfoot answered:

Eventually yes, that house is on a dinky lot for a place that size.

High end resets are kicking up and the foreclosure flood on these types of properties are beginning. - Wed Sep 3 2008, 20:58

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