What do you think is the future for California and the real estate market?The cost of a 800 sq. ft. home is now over 300k.What do you think holds for lets say 10 years from now?
it is precise that the truly property marketplace in southern california is dramatically minimize, however expenses to are living in a well subject and in a condominium are nonetheless EXTREMELY high priced in comparison to the leisure of the country. you are not able to purchase even the smallest/crappiest condominium in a tight subject within the southern california for much less then four hundred,000$ until it used to be out in a small wasteland the city within the center of knowwhere. for two hundred,000$, it might slightly purchase a condominium in a location like compton which is without doubt one of the worst locations to are living in. it might nonetheless, probably purchase you a a million or two mattress rental in a tight subject, in order that possibly whatever to appear into. so, i might no longer transfer right here until you desired to spend a minimum of 500,000$ on a condominium. well good fortune.
As for the future CA real estate, I think it will rebound eventually. This would be the best time to buy, imo.