Housing - here's what a $$$ million gets you here

[justanotherdrunk]

not far from where i live - everything here sells immediately for way over asking due to the severe housing shortage

the middle class areas where you might feel safe raising a family start at $1.5 - 1.8M

disgusting


https://www.zillow.com/homes/for_sale/19711803_zpid/priced_sort/37.362517,-121.877604,37.295768,-121.987467_rect/12_zm/6_p/1_fr/

https://www.zillow.com/homes/for_sale/19710485_zpid/priced_sort/37.362517,-121.877604,37.295768,-121.987467_rect/12_zm/6_p/1_fr/

:iono:

[Kalispel]

You have to be loco to live in certain parts of this country/world, for a variety of reasons - and ultra-high cost of living is a good reason.

[justanotherdrunk]

born and raised here still bizarre

[NYC-SE]

Why so cheap? You'd be lucky to get a decent 2 bedroom condo for that price in NYC.

[Runethecursed]

meanwhile a friend of mine is house hunting for 2400 sqft homes in cleveland ohio and found a few ranging from 100-150k.....
my current home is in serra mesa 1200 sq feet, two car garage, shed in the back yard that has grass actually. and the driveway is sinking into the earth from wenst it came..
and just ranked in at 570... but that figure is now old and i think its closer to 600k now? and its frank garbage.
for reference

https://www.zillow.com/homes/for_sale/San-Diego-CA-92123/16929864_zpid/96665_rid/globalrelevanceex_sort/32.811209,-117.127251,32.799143,-117.146477_rect/15_zm/0_mmm/

[NYC-SE]

Here's a one bedroom 585 sq ft. apartment for a reasonable 1.8 million. Oh and it has a $500 a month HOA. Taxes extra. I used to live in this neighborhood. USED to.

https://www.zillow.com/homedetails/45-Christopher-St-New-York-NY-10014/31500293_zpid/

[sickpuppy1]

I think I'll stick to Kansas,lol
https://www.realtor.com/realestateandhomes-detail/110-E-Grand-St_Gardner_KS_66030_M89209-00494

or more along the size you guys were looking at;
https://www.realtor.com/realestateandhomes-detail/29310-W-155th-Ter_Gardner_KS_66030_M71737-35418

[justanotherdrunk]

I think I'll stick to Kansas,lol
https://www.realtor.com/realestateandhomes-detail/110-E-Grand-St_Gardner_KS_66030_M89209-00494



yea makes me wanna move

:cry:

[kimona]

^^^ Me too. I've actually been exploring a possible move.

[ern-diz]

Never thought I'd say it but I've also been thinking about leaving CA. With the equity I have in my house I'd be able to nearly pay off a house in a number of other states.

In terms of house pricing, if CA is the bum, Silicon Valley is the brown eye.

[Runethecursed]

Leaving Cali would be smart. I'd look into growing population states and gross economy and pick up a handful of cities and look there. Off the top of my head places like Alabama Arkansas and Missouri aren't bad state wide but city wise there's a handful in Texas Tennessee even Pennsylvania are growing

[ern-diz]

My thought was going right over the CA border so we're not all that far from friends and family. Arizona wouldn't be bad. Colorado would be ideal but it's not nearly as cheap as AZ or NV.

[kimona]

I was looking at Arizona as well. Heck, you can buy a new single family home just outside Tucson or Phoenix for $150-200K.

[Kalispel]

I was looking at Arizona as well. Heck, you can buy a new single family home just outside Tucson or Phoenix for $150-200K.

Yeah, cost of living is reasonable here - only slightly more than it was in Atlanta, GA for me. Can't escape the legion of idiot and/or hormonal drivers though, it seems, no matter where you live.

[justanotherdrunk]

https://www.zillow.com/homes/for_sale/Apache-Junction-AZ/pmf,pf_pt/67423929_zpid/30233_rid/globalrelevanceex_sort/33.407294,-111.466207,33.40269,-111.473074_rect/16_zm/


this gets me seriously thinking

and a 4 car garage for the 69 camaro and 2019 wrangler i would have to buy in addition to the yaris and the i3



or across the street even better

https://www.zillow.com/homes/for_sale/Apache-Junction-AZ/pmf,pf_pt/54585270_zpid/30233_rid/globalrelevanceex_sort/33.407294,-111.466207,33.40269,-111.473074_rect/16_zm/


fun to dream

[kimona]

What about this one?

https://www.zillow.com/homes/for_sale/Apache-Junction-AZ/pmf,pf_pt/67398814_zpid/30233_rid/pricea_sort/33.49481,-111.434069,33.420625,-111.551313_rect/12_zm/

[justanotherdrunk]

What about this one?

https://www.zillow.com/homes/for_sale/Apache-Junction-AZ/pmf,pf_pt/67398814_zpid/30233_rid/pricea_sort/33.49481,-111.434069,33.420625,-111.551313_rect/12_zm/

beautiful

problem is ive been brainwashed to believe that a real house must be >$800K

:bonk:

[kimona]

Some very affordable resale homes in planned communities:

http://www.tucsonproperties.net/homes/21726253%2039049%20S%20Running%20Roses%20Ln%20Tucs on%20Arizona%2085739.htm

http://www.tucsonproperties.net/homes/21802542%2033905%20S%20Bronco%20Dr%20Red%20Rock%20 Arizona%2085145.htm

http://www.tucsonproperties.net/homes/21804652%2034716%20S%20Pioneer%20Way%20Red%20Rock% 20Arizona%2085145.htm

Brand new homes at ridiculous prices:

https://www.pulte.com/homes/arizona/tucson/red-rock/red-rock-village-2040

[SirDigby]

i noticed that one of those houses you posted sold in 2017 for $475,000. what changed in a year that doubled the price?
if you move to CO, denver is very difficult to find anything. Colorado Springs has some. up north in Ft. Collins would be the best. the west is nice, but work is harder to come by.

[justanotherdrunk]

boulder co was on the list of least affordable

https://www.mercurynews.com/2018/03/08/the-most-and-least-affordable-places-to-buy-a-home/

[Runethecursed]

https://www.zillow.com/homes/for_sale/Apache-Junction-AZ/pmf,pf_pt/67423929_zpid/30233_rid/globalrelevanceex_sort/33.407294,-111.466207,33.40269,-111.473074_rect/16_zm/

and a 4 car garage for the 69 camaro and 2019 wrangler i would have to buy in addition to the yaris and the i3


BMW i3
Toyota Yaris




Jeep Wrangler
Chevy Camaro....


I've seen weirder spreads. not sure where though...

;) I want a 55 apache with a 4.2 atlas motor, a Panther chassis, and then another rotary car and a mopar A body soo.. Im right up there with you

[toad]

boulder co was on the list of least affordable

https://www.mercurynews.com/2018/03/08/the-most-and-least-affordable-places-to-buy-a-home/

i live in the midwest and the most comparable on that list to me is decatur, illinois. yeah, homes are cheap out here but all we have(at least where i live) are cornfields and warehouses. i realize i can take a trip to see some more of nature(we vacation every year on lake michigan), but i really get jealous when i see backgrounds of mountains and tall evergreen trees! no, i could never afford to live in those top 5 most expensive places, but i'm a little jealous of all there is to do in those places. just offering a different point of view.:smile:

[justanotherdrunk]

BMW i3
Toyota Yaris




Jeep Wrangler
Chevy Camaro....


I've seen weirder spreads. not sure where though...

;) I want a 55 apache with a 4.2 atlas motor, a Panther chassis, and then another rotary car and a mopar A body soo.. Im right up there with you

:laugh:

we car guys understand

ive had 2 cudas, 2 corvettes, 2 mustangs, 2 camaros and a grand national

always wanted a wrangler

:headbang:

[enviri]

embrace the snow, move northeast :P

[kimona]

embrace the snow, move northeast :P

LOL. I'd move back to Montreal in a heartbeat. I still own a nice house in Beaconsfield, and I really enjoy the 4 seasons. BUT... my wife hates the cold weather. Too bad for me.

[justanotherdrunk]

BUT... my wife hates the cold weather. Too bad for me.

im with her

love the dry desert heat

[enviri]

https://www.youtube.com/watch?v=7FgOQBJEV-k

[Dodge Aries K]

Man, some expensive stuff. Our 4 bedroom house in a decent area of Machesney Park with a 4 Yaris sized car garage was only 70 grand.

[Runethecursed]

but you gotta live in Illinois....

[Dodge Aries K]

Yes, unfortunately I'm stuck here currently.

[NYC-SE]

The solution to high housing prices has been found. Echo to the rescue:

http://www.yarisworld.com/forums/showthread.php?t=57986

[ern-diz]

Love it lol. That kinda thing always puts a smile on my face.

[SirDigby]

boulder co was on the list of least affordable

https://www.mercurynews.com/2018/03/08/the-most-and-least-affordable-places-to-buy-a-home/

yes. unfortunately that is where i live. i put "Denver" because i don't want anyone to think i'm a tree-huggin' hippie. my father is always pressurizing me to buy a house, but there is no way....

[Kalispel]

I have always liked smaller living spaces, which is probably why I would prefer a studio apartment setup over something larger, and have always been a fan of those 'tiny house' projects that creative people come up with in a variety of different ways.

[justanotherdrunk]

not far from where i live - everything here sells immediately for way over asking due to the severe housing shortage

the middle class areas where you might feel safe raising a family start at $1.5 - 1.8M

disgusting


https://www.zillow.com/homes/for_sale/19711803_zpid/priced_sort/37.362517,-121.877604,37.295768,-121.987467_rect/12_zm/6_p/1_fr/

https://www.zillow.com/homes/for_sale/19710485_zpid/priced_sort/37.362517,-121.877604,37.295768,-121.987467_rect/12_zm/6_p/1_fr/

:iono:


999K sold for 1.14M

975K sold for 1.20M

insane

[kimona]

999K sold for 1.14M

975K sold for 1.20M

insane

That would be a heck of a mortgage payment each month! Plus, can you imagine property taxes? Yup, insane.

[Runethecursed]

One of my superiors has like 1.5 million in debt (im gonna air quotes that)

But the debt is the cumulative mortgage of all his houses throughout the west coast (washington and california)

He says the taxes arent really an issue in comparison to the income gathered from the 6 houses. His best story is buying a short sale house in washington and turning around and selling it 2 years later at a 30k profit (actual was like 22 after everything)

that said I got a bad feeling in my knee that the economy is gonna rupture something like 08 again.

Ive been talking to my dad about buying a few properties in new areas in Tennessee. 220k for a 3 bedroom place and garage in a good neighborhood.

I figure buying places in California, you have to go in the mindset that you wont pay it off and pray to whatever gods you believe in that the value will be higher than what you owe come time to sell

[ern-diz]

that said I got a bad feeling in my knee that the economy is gonna rupture something like 08 again.

This.

I listen/read a lot of libertarian stuff and there does seem to be several bubbles waiting to burst. Credit card debt, auto loan debt, school loan debt and several other sub prime bubbles. Some think it's going to be worse than '08. Because of that, I've been lobbying my wife on considering cashing out of our current house. We bought it 5 yrs ago when prices were still fairly low. We have about $100k in equity in it right now and I'm afraid that's going to evaporate in a couple years if SHTF. We're looking at new homes in Arizona and other neighboring states, trying to see if it would make sense to cash out of this California home and use it to pay off over half of something even nicer in a state next door. With things like interest rates starting to creep up, the window of opportunity might already be starting to close...

[Runethecursed]

This.

I listen/read a lot of libertarian stuff and there does seem to be several bubbles waiting to burst. Credit card debt, auto loan debt, school loan debt and several other sub prime bubbles. Some think it's going to be worse than '08. Because of that, I've been lobbying my wife on considering cashing out of our current house. We bought it 5 yrs ago when prices were still fairly low. We have about $100k in equity in it right now and I'm afraid that's going to evaporate in a couple years if SHTF. We're looking at new homes in Arizona and other neighboring states, trying to see if it would make sense to cash out of this California home and use it to pay off over half of something even nicer in a state next door. With things like interest rates starting to creep up, the window of opportunity might already be starting to close...

For now, on the backside of that crash would be prime to pick up something too.
I am renting now with a fixed rate and if this thing goes sideways in 2020 or something Ill be at the point of having some side cash and the VA loan to get something.

Alot of people are moving outta California so that will mess with housing costs too.... I think. California Gov might ignore that and keep raising taxes....

2021 cannot come soon enough XD

My house is rated for 593k today and that is up from last years 578k.... next years forcast says itll be worth over 600k so if I bought it I could ride it out. that said I believe its closer to 540k in value. the estate itself is shoddy at best

[BennyLava]

That money gets you a literal mansion in my part of TX lol

[justanotherdrunk]

That money gets you a literal mansion in my part of TX lol


i know

i really wanna cash out and move

[NYC-SE]

That money gets you a literal mansion in my part of TX lol

What part is that?

[Runethecursed]

What part is that?

throw a dart and if it doesnt hit Downtown Dallas...

[BennyLava]

throw a dart and if it doesnt hit Downtown Dallas...

Yep lol. I was in the process of buying a house when the real estate bubble popped, and prices were in the toilet. So I was looking at a lot of houses online, and there was a lot of real big, real nice stuff for under a million. There were some 6500 square foot and 8500 square foot houses for around $850k. At the time I really wished I had $850k. And those were at least within driving distance of the metroplex.

But the house would be largely empty because I wouldn't have had the money to fill it with all the right furniture lol :thumbup:

But those bubbles come and go, so if you simply waited, those kinds of prices would come back again. Also that was somewhat close to the metroplex. You get out into some smaller less populated areas, and the prices will still be that way. But those areas kind of suck in a way, you have to drive at least 1.5 hours to get to all the good stuff. But you may be looking at more like 2 hours.

[Runethecursed]

But the house would be largely empty because I wouldn't have had the money to fill it with all the right furniture lol :thumbup:


In general any house Id buy would be pretty spartan

but Id have a bitchin workshop/garage...



What trips me up is the current POS house I have in Mera Mesa sold last year for 570 and is currently worth 603... the people I am renting from have literally done nothing, the bath tub is falling apart, the washing machine is broken and we got ants! but its still worth 33k more cause housing market... trips me something severe