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I am curious to see how other view this matter here in Oceanside Ca. I bought a home a few years back and it worked out great for us. What are people thinking about in today's market?
Oceanside
Camp Pendleton
Beach
Real estate
Posted >1 y ago
Responses: 6
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I bought a house in Oceanside near the back gate back in 1991 and sold it in 1999. The neighborhood went to shit but we still made a little bit of money on the place.
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Sgt Joshua Ray
Thanks 1stSgt Jim S.! The homes near the back gate at Pendleton have changed a lot. The prices are above $500K and up! However, the homes closer to College near Vandergrift are still in the lower end of the market. What did you pay, if you don't mind me asking?
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I guess if you intend to make California your home. I personally didn't because they want too much for the size house you get. I went back to Texas and bought my house that's 2200 sq ft for $145,900. There's no way I could have bought a house that size in California. California's houses are too small for me.
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With the economy still on the downturn likely interest rates will remain low for a year or two then finally go up. I would not buy a house unless you plan on living there for 7 years or more. If you need to leave in 4 or so plan on taking a loss on the house. So factor that in when you budget your buy or lease tradeoff plan. (how much will it cost to lease or buy a suitable home?)
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