Condo costs in the greater Davis area

[duffless2323.livejournal.com]

Do any of you know the going rate for condos in the greater Davis area (by that I mean places where I could walk to Davis Square in under 20 min) but still be in a good/decentish area. I know right in the square would be very pricey - I'm just kind of exploring the idea with each rent check I flush down the toilet,  prices seem all over the place when I look on CL. 

What do you think would be a expected cost for 1 or 2 bed? Have any of you looked lately, if so what are you seeing?

Thanks

Comments

[visage.livejournal.com]

I'm just kind of exploring the idea with each rent check I flush down the toilet

If you want to buy a house, you want to buy a house, but if your reasons for considering buying are financial, you might want to poke around at the economics of renting versus buying and whether you actually expect to save any money by buying.

...especially if the housing market continues to decline.

[rozasharn.livejournal.com]

The housing market will continue to decline for a few years, probably until about 2013. If the OP doesn't need to buy now, I advise banking every penny they can and buying with a down payment in a few years.

[somertricky.livejournal.com]

How far do you imagine housing costs falling? Say, for a multi-family within walking distance of Davis?

Also, do you foresee rents falling as well? If they don't, housing costs aren't going to fall quite as far as you'd think/like/hope.

[derekp.livejournal.com]

Not much. It's still a premo location and that has insulated the Davis area a bit. The good news is that prices aren't skyrocketing.