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Old 03-26-2007, 02:46 PM   #46 (permalink)
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sup people!
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Old 03-26-2007, 03:27 PM   #47 (permalink)
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Quote:
Originally Posted by GeneralCho
Hey...what do you guys think of the city Beaverton? Is it a decent place to buy a townhouse?
Nike is close by, so potentially lots of running trails around... which are usable when it's not raining. Otherwise, it's a suburb of Portland. It really depends what stage of life you're at - if you're young without a family yet and work in the city, I'd get a high-rise condo in downtown Portland since that's where all the things to do are, but that's just my preference.

I've heard the housing market in the Portland area is dropping like a stone right now though, so do shop around.
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Old 03-26-2007, 06:51 PM   #48 (permalink)
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Quote:
Originally Posted by lokman
Nike is close by, so potentially lots of running trails around... which are usable when it's not raining. Otherwise, it's a suburb of Portland. It really depends what stage of life you're at - if you're young without a family yet and work in the city, I'd get a high-rise condo in downtown Portland since that's where all the things to do are, but that's just my preference.

I've heard the housing market in the Portland area is dropping like a stone right now though, so do shop around.
Seems like the average housing rate is dropping in the US. Might not just be a Portland thing.
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Old 03-26-2007, 07:00 PM   #49 (permalink)
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does that mean prices of home are getting cheaper a bit?
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Old 03-26-2007, 07:01 PM   #50 (permalink)
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Originally Posted by ChinchillaX
does that mean prices of home are getting cheaper a bit?
I think it means people are backing off on buying. Whether or not that'll cause prices to drop is another thing.
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Old 03-26-2007, 08:25 PM   #51 (permalink)
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Seems like the average housing rate is dropping in the US. Might not just be a Portland thing.
Not much of that happening here in the Bay Area.
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Old 03-26-2007, 08:46 PM   #52 (permalink)
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WOW another PW thread.. theres 3 pw threads now LOL. you guys just can't PW enough.
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Old 03-26-2007, 09:19 PM   #53 (permalink)
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Quote:
Originally Posted by VorteC
WOW another PW thread.. theres 3 pw threads now LOL. you guys just can't PW enough.
Dude, all OT threads are PW threads. Haven't you discovered that by now?
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Old 03-26-2007, 09:20 PM   #54 (permalink)
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Originally Posted by lokman
Not much of that happening here in the Bay Area.
Yeah, the Bay area always seems to be a little odd-ball.
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Old 03-26-2007, 09:57 PM   #55 (permalink)
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Quote:
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I think it means people are backing off on buying. Whether or not that'll cause prices to drop is another thing.
this story on subprimes makes me nervous on buying a new home now.

http://www.msnbc.msn.com/id/17709131/

I am going to wait...and I can wait.
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Old 03-26-2007, 10:00 PM   #56 (permalink)
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I can only wait for another two months, then my lease is up, but I don't know if I should continue to rent or buy.
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Old 03-26-2007, 11:02 PM   #57 (permalink)
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Originally Posted by lokman
I can only wait for another two months, then my lease is up, but I don't know if I should continue to rent or buy.
At the end of the day, it's your money.

You can always refinance, I suppose.
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Old 03-26-2007, 11:17 PM   #58 (permalink)
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Quote:
Originally Posted by Revenent
At the end of the day, it's your money.

You can always refinance, I suppose.
??? What are you talking about? I'm renting right now, so nothing to refinance. But I'm hesitant to buy with what's going on in the housing market right now.
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Old 03-26-2007, 11:29 PM   #59 (permalink)
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Originally Posted by lokman
??? What are you talking about? I'm renting right now, so nothing to refinance. But I'm hesitant to buy with what's going on in the housing market right now.
I mean you can buy now, and if the rates keep dropping, you refinance to get the lower rates.
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Old 03-30-2007, 12:40 PM   #60 (permalink)
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I was checking out the prices around the Portland area. The prices really dropped a lot. It is better to buy than rent. Unless you do not have any intention to stay there long-term.
You know the saying:
Either you are paying for your own mortagage or paying for someone else's.
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