Thx! If we buy the home at current market price,

回答: miat42, we are first-time home buyer in southern CA,kitten2008-07-24 13:47:18

the home value may decrease further. Becasue CA home price is quite high, 1% decrease may cost a lot, plus property tax and high monthly fee (Mello Roos and HOA) even for single family home. So we have to be careful. But inflation and rising mortgage rate are the concerns we have. What is your view in terms of home price trend, mortgage rate, inflation, unemployment rate in the next 2 years? Appreciate.

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Here is my thought on price trend in California -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (1065 bytes) () 07/24/2008 postreply 16:07:07

Miat, very grateful for your valuable advice! -kitten- 给 kitten 发送悄悄话 (0 bytes) () 07/24/2008 postreply 17:29:56

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