Bye Bye Banks and Wall Street

[Gemini Cricket]

Well, if we've learned anything from the movie Hope and Glory, bad times can be fun!

[BarTopDancer]

Originally Posted by Tenigma

One issue people are running into now is that it's apparently much more difficult to get a mortgage loan.

Yup. A minimum of 20% down and stellar credit to start with. It's even harder in SoCal since our market went so high.

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.

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.