DataQuick Real Estate News

I bookmarked this link a while ago but have found myself looking at it more frequently given the current subprime market shakeout. It will be interesting to see how the CA market adjusts in the next 2 years. We bought our house with a 5/1 ARM thinking we would sell at the end of 5 years. Despite the headlines and warnings, I still don't feel compelled to re-fi to a fixed for this reason. If we are in the red when it's time to sell, we may decide to re-fi then and just keep this house as a rental (yes, it's a risk. I am preparing myself for the fact that we may not even break even) and ride out any significant drop.