patrick.net

Bought in 1999 for $330K @7.5%, sold in 2008 for $620K (might have gotten an extra $30-$40K the year before, but I rented the place for a year for $22K in profit). The place we sold is now worth maybe $500K. One down the street is pending at $350K.

Rented a big place for four years and bought again this past summer for $799K. Just refinanced today at 4.25% 30 year mortgage. Saw the bubble coming, but I've been fortunate with timing.

we sold our home in the east foothills of san jose in July 0f 2004 and have rented ever since. At first we rented private homes but were forced to move twice because the owners wanted to sell. (both homes have foreclosed since new owners purchased in 05 and 07) We now rent an apartment and feel very fortunate and free. The home we sold in 04 also just foreclosed.

Bought in 2003, and sold in Jan, 2009. If the bidding was truely a confidential process then why was all three bids over asking in a market that was already falling. They were all basically the same bid, so definitely something funny was happening. Crazy people and realtards. I check every now and then to see if the new owners are going to resell or default. They would be down about 100K at this point. Sucks for them, but good timing for me. I bet the realtor got deleted from their speed dial.

I've rented ever since and will continue to rent until Patrick tells us he bought. ;)