Hi Irvine Renter,
I read your blog every day. I just bought your book from Amazon. We all appreciate for your great dedication and knowledge on your Irvine housing blog. Great work.
SoldAndRent.
I have similar situation with IrvineSingleMom. I sold my house 5 months ago and keep 550K in CDs (risk-free CD, 5.0 %) at Bank Of America. This money I shall use to buy house in late 2009. I am really afraid the U.S. dollars continue to lose value and I don't know where to put money now...
I just joined the Irvine forum for the first time. I have similar situation with "waiting2buylater". I sold my house 4 months ago and put around 550,000 into 1 CD at Bank Of America. The CD rate at BoA is 5.00%. I don't expect to buy house until late 2009. I would appreciate any advices on...