Comments on: The Actual Cost of Waiting for San Diego Home Prices to Drop More

By: Laura

Laura — Thu, 20 May 2010 04:32:35 +0000

Wow! what an idea ! What a concept ! Beautiful .. Amazing … , cheap-boat-covers.blogspot.com

By: Sabrina

Sabrina — Thu, 20 May 2010 03:23:44 +0000

Shame on you for creating another terrific post! Awesome stuff, keep up the good work. I see a lot of potential! I wonder if you are an active user with any social networking sites like Digg or Stumble Upon?

By: Iver Hines

Iver Hines — Wed, 19 May 2010 15:01:10 +0000

You made some Good points there. I did a search on the topic and found most people will agree.

By: Joe Feinhandler

Joe Feinhandler — Mon, 03 May 2010 20:21:19 +0000

Barry,

Thanks for stopping by. You are 100% correct about using extra principle payments to bring down the overall “cost” of a home. Unfortunately many of the clients that I speak to are only looking for a lower monthly payment and the lower cost overall is taking a back seat.

By: Barry Brickel

Barry Brickel — Mon, 03 May 2010 01:02:22 +0000

To sum it up Affordability is combination of home prices and mortgage interest rates. Both factors determine how much of a home you can get for your money. At the moment affordability is the highest since 2003. It is more likely Interest rates will go up and have the bigger impact. Another factor overlooked is the amount of equity buildup due to paying down principle faster at the lower rate.

By: Golf Communities

Golf Communities — Sun, 02 May 2010 15:00:05 +0000

This is a very good point that many people overlook. People paying cash for a property can afford to wait. While those who will be securing financing will need to consider moving forward whiles rates are still low. Great post. .-= Golf Communities´s last blog ..Harbour Crest in Tennessee =-.

By: Susanna Gabak

Susanna Gabak — Sat, 27 Mar 2010 16:43:00 +0000

I sure hope this new loan mod initiative will help get the real estate market moving up again.

By: Joe Feinhandler

Joe Feinhandler — Fri, 26 Mar 2010 14:30:23 +0000

@ Kitchner.. Thanks for stopping by all the way from France. Hope to see you again soon!

By: The Actual Cost of Waiting for San Diego Home Prices to Drop More … Debt on Me

Fri, 26 Mar 2010 14:02:29 +0000

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By: Joe Feinhandler

Joe Feinhandler — Fri, 26 Mar 2010 07:59:23 +0000

@tbuss. I’m glad that you found the information helpfull. Thanks for stopping by.