Quote:
Originally Posted by Rodey
We're slowly looking at buying a house. Everything here is really pricey if you don't want to live in the burbs, and you're paying a lot for the neighborhood. $280k-$300k gets you an old home that probably doesn't have much in terms of modern upgrades or furnishings. These same houses were probably $230k-$240k six/seven years ago and are exactly the same.
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The house we bought would have been 40k less 3-4 years ago. A friend of mine lives down the street and 4 years ago he bought a similar model for almost $50k less than what we paid last month, and his interest rate is a full % pt lower. Our house has more upgrades, but the housing market exploded in the last few years
Shitty time to buy a house, but it kinda evened out because we sold our other house for $25k more than we bought it for in 2011