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Post by moxie on May 31, 2011 14:39:32 GMT -5
Google Earth...probably...not familiar with it.
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Post by moxie on May 31, 2011 14:42:21 GMT -5
Would flying into Santa Barbara be cheaper than flying into San Francisco from like Milwaukee or Chicago? SFC is probably a bigger airport with more flights???
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Post by moxie on May 31, 2011 14:43:08 GMT -5
Or maybe LA?? How far is LAX from Santa Barbara?
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Post by moxie on May 31, 2011 14:43:43 GMT -5
Hotels, for sure.
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Post by moxie on May 31, 2011 14:44:09 GMT -5
I will check out Google Earth!
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Post by moxie on May 31, 2011 14:45:46 GMT -5
Okay...now...any hotels/resorts you would recommend along the way...middle of the road prices.
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Post by moxie on May 31, 2011 14:47:37 GMT -5
I think you have just helped me plan a really nice fall trip!
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bean29
Junior Associate
Joined: Dec 19, 2010 22:26:57 GMT -5
Posts: 9,929
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Post by bean29 on May 31, 2011 14:49:47 GMT -5
I read that article this am. It said, If I remember correctly that they expect prices to fall to 1999 levels and that does not consider an inflation adjustment which makes the fall worse than the great depression prices. It said after the great depression it took 19 years for a recovery to occur.
Last week we had a discussion about appraised values here. I know the assessors have not really adjusted prices to 1999. I am not even sure if they are truly at 2004 levels yet.
There are several very nice properties for sale in my neighborhood. The prices look good to me but I am sure if they sell they will come down even more. Sooner or later those who are sitting on the sidelines will get married, have kids and decide now is a good time to buy a house. DH and I never considered raising kids in a rental unit. I think a lot of people feel the same way.
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Post by moxie on May 31, 2011 14:52:02 GMT -5
Hubby has been to SFC on business and would love to go back there.
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Post by moxie on May 31, 2011 14:53:03 GMT -5
bean...Your post just depressed me BIG TIME! Waaaaahhhhh!!
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Post by moxie on May 31, 2011 14:54:10 GMT -5
bean, Do you mind my asking in what part of the country you live?
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Post by moxie on May 31, 2011 14:55:23 GMT -5
19 years to recover...I may be DEAD!!
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Post by moxie on May 31, 2011 14:55:51 GMT -5
We may be taking that loss after all.
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Post by moxie on May 31, 2011 14:58:14 GMT -5
lonewolf...I agree about winging it...we like to go at our own pace with no schedule...now that we don't have to worry about kids, eating at certain times, naps, etc. Start and stop when and where we want to.
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Post by moxie on May 31, 2011 14:58:54 GMT -5
lol You got it lonewolf!
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ugonow
Senior Member
Joined: Dec 21, 2010 10:15:55 GMT -5
Posts: 3,397
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Post by ugonow on May 31, 2011 15:00:24 GMT -5
Houses in my area that are being bought are being bought by investers and fixed up. I am sure there is a lot of people that can afford to ride it out are buying up properties. I do some freelance insurance company work finding properties that can be short term leased for temporarily displaced policy holders and placing them until their house is fixed. Properties that were bought for 20 grand in Milwaukee and some other not so nice areas are rented out for 800- 1000 a month. It boggles my brain.
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Post by moxie on May 31, 2011 15:00:26 GMT -5
lonewolf: I hope you don't mind that my beloved Golden Retriever will be stuffed and laying on the sofa though... Hubby may be stuffed too and be laying in the recliner. LMAO!!
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Post by moxie on May 31, 2011 15:01:40 GMT -5
Thanks, lone. It was fun! Let's do it again soon!
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bean29
Junior Associate
Joined: Dec 19, 2010 22:26:57 GMT -5
Posts: 9,929
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Post by bean29 on May 31, 2011 15:02:52 GMT -5
After adjusting for inflation, the home-price index has sunk to a level not seen since 1999. Many economists think prices nationally will drop at least 5 percent more by year's end. They aren't likely to stop falling until the glut of foreclosures for sale is reduced, employers start hiring in greater force, banks ease lending rules and would-be buyers regain confidence that a home purchase is a wise investment. Read more: www.sacbee.com/2011/05/31/3665645/home-price-index-at-lowest-point.html#ixzz1Nxi6iE25Guess you all never read the link. It is the same one I was referring to. I live in the Midwest. Construction is depressed but everything else is ok. Our unemployment is around 7% I think. It just dropped below the level where we would qualify for extended federal benefits for the unemployed.
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Post by moxie on May 31, 2011 19:05:05 GMT -5
I have spent the afternoon reading about home prices.
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Mad Dawg Wiccan
Administrator
Rest in Peace
Only Bites Whiners
Joined: Jan 12, 2011 20:40:24 GMT -5
Posts: 9,693
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Post by Mad Dawg Wiccan on May 31, 2011 20:59:28 GMT -5
Get ready for a double-dip recession, no matter how the mid-stream media tries to spin it...
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Deleted
Joined: Apr 27, 2024 15:25:38 GMT -5
Posts: 0
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Post by Deleted on May 31, 2011 21:24:10 GMT -5
Sad, but true. Did this thread get moved, or what? It's kind of different....... Dawg-- where's Mess?? Maybe I should E him or Jeffrey?
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handyman2
Senior Member
Joined: Dec 29, 2010 23:56:33 GMT -5
Posts: 3,087
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Post by handyman2 on May 31, 2011 22:42:12 GMT -5
In parts of NC home prices are down by 50% or more from 2009 and still falling. The paper says that many who are looking are already over their heads in debt and cannot qualify for a mortgage. That factor is not mentioned much when they talk of recovery of the housing market. For property investors the best thing is apartment complexes. demand is way up in many areas as people who have lost homes are looking to move in.
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Deleted
Joined: Apr 27, 2024 15:25:38 GMT -5
Posts: 0
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Post by Deleted on May 31, 2011 22:50:42 GMT -5
Many economists think prices nationally will drop at least 5 percent more by year's end.If I could go back in time & give myself advise it would be: Become either an economist or a weatherman. Those are the only 2 jobs that I know of (besides politician of course) where you can be wrong a full 50% of the time & still be employable.
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