[kryptos]

got this from forbes magazine...


3. Sacramento, Calif.
A high vacancy rate of 3.3%, which ranked 10th worst, the seventh highest price-to-earnings ratio despite consecutive quarters of falling prices, and a share of adjustable-rate mortgages in excess of 50% made Sacramento the riskiest investment in California. A very low number of loan-to-value ratios above 90% means the market can bear the stress of continued price drops should the local economy take time to absorb the slump.

[enigma99a]

Awesome. I've got cash on hand and I'm waiting for the crash to bottom out so I can invest into the market.

[reggiesquared]

Ive been doing a lot of research and this is just me but I think the bottom has a number. And the number is somewhere around 250k median home price. We have a few thousand dollars to go. Hopefully the slightly higher interest rates cool people's jets that cant afford homes that try to buy them anyway.

[wburg]

Maybe this has something to do with projects not coming together lately, rather than blaming it on the gummit or those damn N_____s?

[TowerDistrict]

In Sacramento, there's a lot of risk in buying a house.

There isn't any risk in buying a home.

[neuhickman79]

Maybe this has something to do with projects not coming together lately, rather than blaming it on the gummit or those damn N_____s?
I hope you meant NIMBY's! :sly:

[neuhickman79]

In Sacramento, there's a lot of risk in buying a house.

There isn't any risk in buying a home.
Amen to that!

[TowerDistrict]

Maybe this has something to do with projects not coming together lately, rather than blaming it on the gummit or those damn N_____s?

I hope you meant NIMBY's! :sly:

hahahahahaha!!!! (http://www.youtube.com/watch?v=4_8rhZxZw9s)

[kryptos]

I hope you meant NIMBY's! :sly:


u never can tell

[wburg]

Of course I wouldn't blame ninjas!

Where my N_____s at?

[kryptos]

Of course I wouldn't blame ninjas!

Where my N_____s at?

they rollin broadway on 24 inch rims