We have been on the sidelines since Spring but actually put an offer on a house about 3 weeks ago in the twin oaks area of San Marcos. We got outbid! But the property was phenomenal, so understandable why it didn't last long. Everything else we've looked at feels like it's overpriced. We're talking about Oceanside, Carlsbad, San Marcos, etc. the asking prices are outrageous when just a year ago they were going for 25% less. No thank you! Yes, there's less inventory but this is borderline greed. I'm seeing really nice properties that are overpriced just sit. We are practicing patience at this point. In no hurry whatsoever. Let the market come to us!
@@STORM3SHADOW sorry you got outbid, on a home you liked. I work Oceanside, Carlsbad and San Marcos frequently. I have a few sellers wanting to sell off market in those areas if you want to reach out to me I could tell you about them.
70 percent of people bought or refinanced at 3 percent interest or less. It's no wonder they don't want to sell. Unless you're paying cash for a new home.. why give up a sub 3 for a 7 percent interest rate?
@@farmerinchico yes! Our home use to be $1,500 annually now it’s a little over $4,000. Fire risk is high and it’s so expensive to replace a home here. A lot of insurance companies have pulled out of Southern California altogether.
@@living.in.sandiego I've kept a high deductible for a while now. The Insurance market appears to be trending this way nationally. Some of the Realtors in Florida are reporting similar issues with Home Owners Insurance.
I've been waiting since 2015 to buy a house in SD. I didn't have the income right out of college in 2015 so I figured I'd be able to grab something within 3 Years. It's beeb almost 10 years now. I'm SO SIK of this crap. This system needs to be allowed to CRASH so we can buy. Baby boomers have done EVERYTHING to stop their ill-gotten wealth from evaporating for the past 15 Yeats. This is horsecrap
@@lourdesgraney7878 Lol, yeah they got theirs and closed the door on next generations. The housing market is only a segment of the policies that boomers benefit from that has created their wealth and locked others out to a large extent.
We have been on the sidelines since Spring but actually put an offer on a house about 3 weeks ago in the twin oaks area of San Marcos. We got outbid! But the property was phenomenal, so understandable why it didn't last long. Everything else we've looked at feels like it's overpriced. We're talking about Oceanside, Carlsbad, San Marcos, etc. the asking prices are outrageous when just a year ago they were going for 25% less. No thank you! Yes, there's less inventory but this is borderline greed. I'm seeing really nice properties that are overpriced just sit. We are practicing patience at this point. In no hurry whatsoever. Let the market come to us!
@@STORM3SHADOW sorry you got outbid, on a home you liked. I work Oceanside, Carlsbad and San Marcos frequently. I have a few sellers wanting to sell off market in those areas if you want to reach out to me I could tell you about them.
Just buy in the summer when kids are out of school. Ask the sell to drop price by one percent. Fed maybe start with half percent.
70 percent of people bought or refinanced at 3 percent interest or less. It's no wonder they don't want to sell. Unless you're paying cash for a new home.. why give up a sub 3 for a 7 percent interest rate?
Honey you are so confused. Prices are soaring and there have been zero rate cuts.
$1500 a month to insurance a home? Up to $4000 a month?
@@farmerinchico yes! Our home use to be $1,500 annually now it’s a little over $4,000. Fire risk is high and it’s so expensive to replace a home here. A lot of insurance companies have pulled out of Southern California altogether.
@@living.in.sandiego I've kept a high deductible for a while now. The Insurance market appears to be trending this way nationally. Some of the Realtors in Florida are reporting similar issues with Home Owners Insurance.
@@living.in.sandiego So you mean $4000 PER YEAR not per month. You're confusing us.
Should be the annual rate, not monthly
@@STORM3SHADOW yes, around $4,000 annually for home insurance
Do she live on earth?
I've been waiting since 2015 to buy a house in SD. I didn't have the income right out of college in 2015 so I figured I'd be able to grab something within 3 Years.
It's beeb almost 10 years now. I'm SO SIK of this crap. This system needs to be allowed to CRASH so we can buy.
Baby boomers have done EVERYTHING to stop their ill-gotten wealth from evaporating for the past 15 Yeats. This is horsecrap
Preach.
What ill gotten wealth? Most baby boomers I know are hardworking and earned what they own. Stop blaming baby boomers for current market conditions
@@lourdesgraney7878 Lol, yeah they got theirs and closed the door on next generations. The housing market is only a segment of the policies that boomers benefit from that has created their wealth and locked others out to a large extent.