Housing Prices - MY GAWD

[matcom]

we bought our house 8 years ago for $135k

house around the corner is listed at $419k

smaller lot, same # of bedrooms, LESS privacy (those who have been to my house can attest to my back yard), and 1/2 bath LESS!

:wow:

[idlisambar]

1. think about selling it

you could lock in the capital gains and start renting.

[Xithras]

4. Sell now, buy it back for half the price after the crash.

:)

[AlGore-08.com]

2. You should move out to LA and try to find a house

You're lucky if you can even find a 1 bedroom condo listed for $200,000.

Insane.

[SlavesandBulldozers]

3. must be nice

i'm a serf. a renter.

alms for a leper, sire?

[LynzM]

5. I know, insane, isn't it?

It's a hard market to get into, at this point... we are trying to buy a 2-family, pay some of the mortgage that way...

[Midlodemocrat]

6. Same thing is happening here.

And Richmond isn't nearly as pricey as Boston. We paid $125 for our house 14 years ago. We added on recently, but a house much smaller than ours sold for $285 last week.

For some reason this neighborhood is really, really hot. Houses are on the market for 1-2 days and then gone.

[Nay]

33. Good heavens, Midlo. We live right up Midlo from you in Bon Air,

and we bought our house 12 years ago for $130,000. Wonder what it would go for now?? We have kept it up and put in a $12,000 underground heat pump system... geez, maybe we should sell now!

[ohiosmith]

7. Great. We bought in Vegas in 99 for $319. Comps are now at $750.

[GOPFighter]

8. It won't be long before we see 40 year mortgages!

...and then 50 year....and then 60 year.....

[AndyP]

9. Where in the country are you?

[matcom]

11. Massachusetts

the burbs

[MissB]

10. Yessss

Oregon has some bat-shit crazy housing prices too. We watched our $55k house go for $365k in less than three days. And that was several years ago.

We would simply not be able to buy the house we're living in now.

[KitchenWitch]

12. That is the way the housing market has been over the past 5 years

There is speculation that the bubble is about to burst. At least here in the Twin Cities....

[GOPisEvil]

13. Sell your house and move to TX

You could buy a PALACE down here. :D

[matcom]

14. no WAY!

no offense but you know me and Texas

it just ain't happening :D

[GOPisEvil]

15. Hey, it's EASY to be a liberal in Massachussets.

It's hard gawd-damn work down here. :D

[matcom]

16. you know me. i'm lazy

i don't like working too hard :P

on edit: we are 100% responsible for pedophile Priests. we must be doing SOMETHING right :eyes:

[GOPisEvil]

17. Then Austin is perfect.

57% for Kerry. :7

[Midlodemocrat]

18. I'm with you, GOPisEvil.

My brother put a Kerry sticker on his car, but he lives in Manhattan. I walk around with anti * shirts on all the time and I live in freakin' Virginia.

[GOPisEvil]

19. Well, I have it slightly better.

At least I live in a very blue county. :)

[supernova]

20. Me too!

Though I'm not too sure about Raleigh.

[GOPisEvil]

21. Republicans love to say that Shrub carried this county in 2000.

However, he didn't win a majority. Nader took about 10% here. Add those to Gore, and the Chimp would have lost.

The lesson as always: Republicans are idiots. :)

[supernova]

23. It's our dumb winner take all system

I wish we didn't have the electoral college anymore. That way candidates would have to work for every state.

[GOPisEvil]

25. Yeah, I agree.

The electoral college has outlived its usefulness. :)

[Midlodemocrat]

27. Not me.

I am alllll alone out here with my anti * tee shirts.

[GOPisEvil]

29. Oh...we have a great anti-Bush t-shirt place.

Two Unemployed Democrats is based here. :)

[Midlodemocrat]

30. I love that site!! That is where I got a lot of my stuff.

They have the best shirts!

[GOPisEvil]

31. They have an actual store here!

:bounce: I need to go down there before the DC protest!

[AndyTiedye]

34. Biggest Real Estate Price Gains Seem to be in BLUE STATES

Why would real estate in Texas be so much cheaper?

Could it be the 99-degree heat and 99% humidity?

Could it be that a lot of people are moving to BLUE STATES?

[GOPisEvil]

45. I'll ignore your bashing of my home to actually answer you.

Land is cheaper here because there's more of it. If the weather was such an issue here, why is our population growing by leaps and bounds? It isn't ALL new births.

Stop making yourself sound superior because of where you live.

[SammyWinstonJack]

47. LOL

When they can no longer afford a house in the blue states, they will gladly come to our red state and then maybe we can turn it blue.

[SammyWinstonJack]

40. Right?

Try San Antonio. $400,000 would buy a mansion here, with acres of land, or at least an acre with lake views, in Canyon Lake.

[SarahB]

22. I'm really hoping the market goes down a little.

I want to buy a house again in a couple more years. Connecticut (my part anyway) isn't quite so high, but it's high enough. :(

I like your house though. :)

[matcom]

24. its YOURS

for $480k :D

[SarahB]

28. Not unless Finnfan sells one of his screenplays to Hollywood...

and buys it for me. :P

Otherwise, I'm toast (or most definitely looking at the under $250K market). :D

[Pale Blue Dot]

49. Ack! The pressure!

Looks like I'm going to be one of those writers who turns to the bottle.... :P

Next time I'm up we'll go house shopping, sweetheart. You can choose any trailer you want. :evilgrin:

[ScreamingMeemie]

26. Things are starting to stagnate (and even backslide) some places

here in Michigan.

cool for you! :hi:

[Midlodemocrat]

32. Here people are selling and buying up in a big way.

My husband wanted to move two years ago because we needed more room, essentially to escape from the teenagers. Everything I looked at that would have given us a basement or a finished third floor was in the 500-600K range.

We decided to stay put, add on and couldn't be happier. The house is worth three times what we paid for it, is almost paid off, and is exactly the way we wanted it.

When I was looking, I was looking for a 4 bedroom house with an office type layout. Well, when we added on, we created a fifth bedroom that was going to be used as a rec room sort of. My FIL has since come to live with us, so if we HAD moved, we would be totally screwed.

Plus, I am definitely one of the smaller is better crowd.

[Midlodemocrat]

35. matcom. If I buy your house as my summer retreat

Do you come with it????? Just wondering. Thanks.

[matcom]

37. YES!!

for $700k you get ME as well! :D

[Midlodemocrat]

38. How much for Mrs. matcom to stay and do the laundry?

:hide:

[matcom]

39. $50k should do it

:D

:hide:

:scared:

[Midlodemocrat]

41. Done. Will you take a check?

Oh, BTW, I have my own dryer, so we are good there.

Now, who will do the cooking? I can't cook AND post on DU. Is that negotiable?

[matcom]

42. well, *I* do all the cooking but

just so you know.... the $50k is ONLY for the wife and her washing machine

NOT the house. if you want both, its $750k

now, if you want me along to cook, the price jumps slightly to $4,500,927.60

just FYI

[Midlodemocrat]

43. Oh, I want it ALL!!!!!

And, frankly, the price is more than reasonable for a matcom house, matcom cook and mrs. matcom laundry.

Now, what will I tell Mr. Midlo? Hmm, a dilemma.

[matcom]

44. well SOMEBODY has to cut the grass!

:eyes:

[Midlodemocrat]

46. OMG. Good point.

Although he refuses to do it here, because of his 'allergies'. What a joke. So I send Grandpa, who is 79, had a stroke and can't see out to do it or I won't fix his lunch.

:bounce:

Kidding, of course.

[Left Is Write]

36. Be glad you bought when you did.

I wish like hell we'd hung onto our house in the Twin Cities, MN when we moved here to Boise.

[yvr girl]

48. you can get a 2 bedroom apt in my hood for 300,000 - 918,000

No houses available.

But check out the prices in this hood for houses (1 block away)

http://www.mls.ca/PropertySearch.aspx?AreaID=3720&MapURL=%3fAreaID%3d6577