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I am in the suburbs right outside chicago and prices are getting way up there. I'm a realtor and my husband owns a mortgage company, and we cant believe what some these houses sell for. I have a three bedroom 2 bath fully finished basement with two more rooms(office & toy room). We paid 184K 3years ago with a lot of work needed to it now its worth 280-300. W e also purchased an income property around the same time for 145K and is now worth about 380K, more for the land value. Its crazy. We fell in love with California and were considering a move there but after seeing the prices of homes decided to stay put lol. |
Originally from Oregon, I lived in Los Angeles for 20 years I sold my duplex after a bidding war and only being on the market for less than 4 hours (mls listing) bought the duplex for $160 sold it shy of $600 and today it would be close to $800 funny thing is, it's right in the city ( about 1/2 mile out of Beverly Hills) on a 3800 sq ft lot, location, location, location. Moved back home to Portland, Oregon 2 1/2 years ago where the average home in a good area $250 and up, there are homes in $125+ in the least desirable areas. I bought in "Reed College" area an old and very established neighborhood (about a 15 block radius) where homes range $350-$2million, was I amazed how things had changed. These are very old homes NOT one is new construction average year built 1920's, I have one of the cheapest houses in the area worth about $400 |
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Even the lawyers can't afford the housing here! No joke. One lawyer I know is still renting, and another one bought a house in the ghetto because that's the only thing that was affordable. Another one I know said if she didn't buy her house 5 years ago, she couldn't afford it today. |
Yup, we have a friend who is a lawyer and is renting as well. He's still paying off school loans, and there is NO WAY in the world he could afford a house here. It's just crazy. |
I'm in Texas, and we just built a house & moved in right before Thanksgiving. It's 2700 sq. ft. and we built it for right about 190,000. 4 bedroom, 3 bath, 2 living areas, shop in the 2 car garage........We LOVE it. I can't imagine some of these prices!!! How do people afford to eat?! lol |
I live 10 miles from the nearest town and there is a nice older house , 3 bedrooms and 10 acers for 30,000 just right down the road. 80,000 is as high as they go around here and that was a nice 2 story on 120 acers. |
Well if you all know Vancouver BC you will know anywhere from 1 million & over :eek: |
WOW I can not believe some of the prices. I just bought a 5 bedroom 3 bath place for $190,000 on the river with almost 2 acres of land. |
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[QUOTE=Junebug]I live in the Bay Area, and a 3 bedroom/2 bathroom 2,100 square feet home can list at 700,000 and close at 850,000, depending on the area, and sometimes upwards of a million. This makes it virtually impossible to buy a house unless you're willing to starve for the next 10 years. My hubby is from SF proper and when his dad bought their house 25 years ago, he paid 138K for 4 beds 3 bath 3 stories and now it's worth $1.3 million!!!!!!!!! Crazy We live in NYC now and it's impossible. An apt that you can actually live in with room to grow is about $1 million. Impossible. What we are doing is renting our apt and will buy a house in Woodstock next summer huge, 4 beds, acreage, etc... for probably less than $200K |
Indiana my area about 80.000-125.000 for 3 bedroom and 2 bath 1500/2000 sq. feet! My house is 3 bed/ 2 fullbaths and 12/1/2A 1500sq.feet and be lucky to get110.00 for it! Plus I have a 24/30 barn thats a kennel/ grooming shop! |
HOLY MOSES!!! The neighborhood I live in...3/2 will cost you around $125k - $180k. Guess, I'll just stay in my little ole town of Victoria...it's a little cheaper. |
California is horribly expensive. When we were ready to purchase a home, we had to move way out to the boonies. At the time (9 years ago) they were asking for 80,000. So we put in a bid of 98,000 and we got it. Now, even way out here in San Bernardino, they are going for 300,000 +. |
I live in California in the SF Bay Area too.. Home prices are 800k at least, I am hoping to buy before December. Just when I think I've saved enough for the down, prices go up another 100k or so :eek: I'm still saving, and still hoping to buy :confused: |
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