Saw this recently as well. House was listed at $430k, sold for $350k. $430 was high, even for the bubble market, but still…Overheard a convo last night about a couple house hunting.
One of the houses they were looking at closed for quite a bit under asking price.
$408,000 selling price $480,000 asking price in K-Vegas area.
Overheard a convo last night about a couple house hunting.
One of the houses they were looking at closed for quite a bit under asking price.
$408,000 selling price $480,000 asking price in K-Vegas area.
Before we even bought in meadowlands we looked at a similar priced home in the city limits of Kernersville. House was +/- $350k back in 2008 on .2 acre lot. We nearly pulled the trigger until I researched the taxes.
Greeneville is the same way.We have a friend who works for a auction comp/realtor and she been sellin them at askin price or more for over a year now.A lot of times w/o the buyers ever seein it in person.
A co worker did just this (rented instead of buying). He lives on the busiest street in town with train tracks literally in his back yard, and crappy neighbors on both sides. He pays almost as much in rent as we pay in mortgage.
I've seen that too. Once the price gets so high why not just buy. Problem is that the higher rent price still won't get you what you really want. I almost think you'd be better off trying to buy a foreclosure and flip it before the bubble bursts.
exactly where its headed. Income variance, cost of living, and taxes are all separating us farther into the haves and have nots. Just like someone said about rent, lower income cannot afford to own or rent. So the bottom middle class slip on down and the other wise self sufficient give into subsidy and government cheese. I know a few folk working round the clock husband and wives just to eek out a simple family with kids living. The kids suffer the most because mommy and daddy are never at home to raise them. Not talking about folks living beyond their income and driving new loans around either. Just good honest folks who don't want to live in assisted housing or shit hole apartments.
we average a trip to Disney World about every two years and they have always been building around Kissimmee.Condos in a continual state of assembly.
You should open that back up and sell hoop cheese, bandannas and sodas in real glass bottles…..and pickled pigs feet in a big glass jar. Memories of my uncle Percy
Or a tin can on a mountain….
You should open that back up and sell hoop cheese, bandannas and sodas in real glass bottles…..and pickled pigs feet in a big glass jar. Memories of my uncle Percy
His other cousin Becky is revolted by the idea.
That….woman…is revolting herself.
