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I know several of my coworkers who said they rarely use their yard, whether it is big or small. If you are looking for a big back yard and don't have money to buy at Shady, Irvine may not be where you want to live.

I would not be surprised at all that Stonegate will be delay until next year or later given the market conditions. If they can forsee the wave of foreclosures coming late this year and next year, it would not be a smart move to rush into building.

This discussion has turned out to be much more informative than I thought.

Soylent, well said. I just think we should ask ourselves how much risk we can take to buy a house in a down market. How much happier are you(and family) going to be in a house of your own vs renting. I don't think everyone needs to wait till the bottom to buy.

Given so much valuable advice from all the experts in the forum, I much rather be patient and try to reevaluate in 6 months. But my wife is screaming that we are missing a great house at a "reasonable" price.

Thanks, Trojan and roundcorners. BTW, I do have an agent. I think I will be spending no more than 20% of my gross income after my down payment for mortgages, taxes and HOAs. The reason that I feel the urge to take the next step is because some houses are becoming relative affordable and the...

I have been following the blog for quite a few months. But I have a difficult decision to make. Please provide your honest advice. We are renting an apartment and can't wait to leave. The apartment is just too small for our family. We have been looking and really like a house in a good...