L.O. continues to be an attraction, however there is much more thought going into the purchase of homes in price ranges over $400K. (you are the perfect example of that) You can certainly get much more house for your money now than ever before and a plan for long term living in such a purchase will surely prove to be an worthy investment over the long haul.
Having said that, and not wanting to repeat what has already been written (good insights) you can be sure of this....buyers who have been looking for their dream home have a better chance at getting it now than they ever had and making a move before interest rates go up (recent report indicates they are projecting they will go up by the end of next month) should be motivation to look at all that may be available and get locked in.
If you would like assistance from an agent experienced with relocations I would love to send you information about current available listings (including pre-foreclosures and REO properties). You can contact me directly if you need further assistance.
Until then, best to you!
P.S. Here is a little article that just came through today in REALTOR (R) MAGAZINE regarding the general feel nationally:
More Owners Optimistic About Home Values
The number of home owners who fear the value of their homes will fall in the next year declined to 15 percent in January, the lowest level since early 2007, according to a Thomson Reuters/University of Michigan survey published last week.
Thatâ€™s a big improvement over the first quarter of 2009, when 26 percent expected the value of their homes to decline.
Home owners were less optimistic about gains in the value of their homes, with the average anticipated annual gain holding steady at 2.7 percent in January.
In January, 46 percent said the value of their homes decreased in the past year, while 14 percent said the value had increased.
June Lizotte, Real Estate Principal Broker
Providing REAL Service
June Lizotte Real Estate