patrick.net
An Antidote to Corporate Media
1,260,427 comments by 15,050 users - AmericanKulak, Ceffer, WookieMan online now
Examples of stupid comments I’m tired of reading in real estate reports and listings:
invite response
2006 Aug 3, 11:42am 26,417 views 227 comments
« First « Previous Comments 225 - 227 of 227 Search these comments
Glen,
You mean because the price seems so low?
The sq footage is rather low (since there's probably no basement) and I assume Lawrenceville is not an up and coming neighborhood, but it does seem like a nice, gracefully constructed home. I noticed that the new south is obsessed about new McMansion housing so they don't like older housing stock, even though the older ones have much nicer lots and more usable space.
I wouldn't mind if something like that came up in the BA. Except it would go for $2 million, just for the 1acre of land.
It takes time and possibly several moves to find the right fit for one's life. I agree with SHTF assessment that it takes decades possibly to accomplish what wouldn't anywhere else. California pretty much has stuck it's nose up at the middle income citizen. It's really sad no wonder many of us left or are leaving soon. With all of it's troubles (and there are many) the one that will be the most responcible for exodus is affordabilty or lack thereof. It's a hard pill to swallow after all your hard work and education you can barely eke out an existance. The anger stays with you for a long time and you stay longer than you should. Years go by you haven't made much gains and then we get a real spike of inflation. Everything goes up in a short amount of time housing, energy, health care ect. You feel so weary maybe a bit depressed and think to yourself you should be further along. You finally come to the conclusion maybe I can do better elsewhere. It takes time to muster up the courage you do it and you try another locale. Maybe it works maybe not. But you ke trying until you find your home at last. One you can afford
Hey Liz ,
The world as we knew it has changed dramatically! Upper middle class is now 200k a year at least in the west. Wages have been largely stagnant int that region but the cost of living tripled. There are areas of the country that pay the same as california but housing is half to a third as much. My big question is WHY? And why hasn't anybody looked into valid reasons for it?
I never thought I'd live to see an educated person not be able to earn enough for the basic home. If you look atr the majority of people in that region they are at most middle income
« First « Previous Comments 225 - 227 of 227 Search these comments
Choices Increase for Buyers…. …. Real Estate Board President, Joe Doe, notes that while sales have softened slightly, prices have remained relatively stable and are up compared to the beginning of the year….[agghh, inventory is tracking much higher than sales, month after month]
Private garden with a fenced yard on a quiet street. Perfect for kids, pets and a veggie garden….. Partially updated with new maple kitchen and hot water tank in this comfy light filled doublewide [mobile!]. Perfect "as is" rental for renters with pets or college students [nearest college is 40 miles away. Yes, we are including a hot water tank].
REVENUE, REVENUE, REVENUE!! Nothing to do but collect your rental income! [of course, the mortgage payments alone are about double the current rent …]
Priced to sell, quick possession. [We need cash. Please.]
Move right in condition. [What, this is a selling point for a HOUSE?]
First time on the market in 50 years! [I see dead people]
Inside shows very nicely. [Outside, not so much]
Character …. 3 bedroom home on quiet street. Tenanted -- renting for $1200, planning on leaving end of August. Great investment or holding property. [mortgage payment with 20% down at 6% = $1657]
This is a very well maintained 1940's home with many substantial upgrades & is perfect for the 1st time home buyer. [mortgage payment with 10% down at 6% = $2126 = necessary annual income of $80,000. Local median family income is $55,000. Lots of potential first time buyers at these LOW, LOW prices]
I could go on, but you get the picture. Feel free to supply your own versions of the insanity of the Real Estate babble, with links if you like…
The language skills of real estate journalists and salespeople are getting a real work-out these days; if this continues, I expect to see future examples of creativity that would get excellent marks from a grade 8 creative writing teacher [punctuation, not so much…].
tsusiat
#housing