Quote:
Originally Posted by Tenigma
One issue people are running into now is that it's apparently much more difficult to get a mortgage loan.
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Yup. A minimum of 20% down and stellar credit to start with. It's even harder in SoCal since our market went so high.
Quote:
Originally Posted by Morrigoon
Where are you looking? Properties in my neighborhood have taken a major hit in value, but I don't know if Lake Forest is too far south for you. Consider buying between Thanksgiving and New Years for the best prices and negotiating ability.
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It's not done falling yet. I will be moving back to HB or FV but I won't be considering anything until next year winter which is when our company thinks it will be at the bottom, or close to. I work in the industry and have my friends and co-workers keeping an eye on the values of what I am looking for.