Author Topic: How low can we go? 30 yr fixed at 3.75% with no fees...  (Read 708188 times)

Offline IndieDev

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Re: How low can we go? 30 yr fixed at 3.75% with no fees...
« on: February 02, 2012, 11:43:42 AM »
Just to add, there are communities that won't hit rental parity no matter how long you wait, and weren't even at rental parity before the bubble: Balboa Island, Balboa Peninsula, CDM, Newport Coast, Laguna Beach, Monarch Beach(Dana Point). Obviously low inventory, and being beach communities are the real price props there. Not saying prices in those communities won't come down, because they will, but I don't see rental parity being part of the discussion there.
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