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Posted on 10/18/23 at 10:22 am to Crawdaddy
quote:
There are plenty of 175K homes out there
yeah, they look like this
Posted on 10/18/23 at 10:23 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home
Exactly, I see it all the time. These kids want the same house their parents live in, but have no idea the years of work it took to get there.
Posted on 10/18/23 at 10:24 am to Crawdaddy
quote:
There are plenty of 175K homes out there
Depends on where you are. Around me, these homes get purchased within a day or two by investment companies - all cash offer and they pay the closing.
Posted on 10/18/23 at 10:24 am to Crawdaddy
quote:
There are plenty of 175K homes out there
yeah the problem is they are going to be in a bad part of town. its ashamed that we let criminals run wild.
Posted on 10/18/23 at 10:25 am to Crawdaddy
You mean the shacks where the crack was sold out of? A 1,300 sqft condo is going for $240,000 rn, and I live in not the best area.
Posted on 10/18/23 at 10:25 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home. There are plenty of 175K homes out there
A $175,000 home doesn't exist where I live. If I see $175,000 on Zillow, it is either land or a tear-down.
A 2/2 condo down the street from me is listed for over $300,000.
This post was edited on 10/18/23 at 10:26 am
Posted on 10/18/23 at 10:26 am to Crawdaddy
There really aren't. I'm in Dallas, if you want a home for 175k you're looking at a 1/1 shack an hour outside of town on 1/8 of an acre.
Posted on 10/18/23 at 10:29 am to Crawdaddy
quote:
There are plenty of 175K homes out there
Sure, if you want to live in the hood.
Posted on 10/18/23 at 10:29 am to Crawdaddy
quote:
There are plenty of 175K homes out there
sure i can buy a 200k house in the most violent corners of the Houston metro
This post was edited on 10/18/23 at 10:30 am
Posted on 10/18/23 at 10:30 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home. There are plenty of 175K homes out there
My home is 2,000.00 square feet and appraised at $380k. You are living in a fantasy world.
Posted on 10/18/23 at 10:30 am to Crawdaddy
quote:
There are plenty of 175K homes out there
Maybe in North Chalmette, but not where I live.
Posted on 10/18/23 at 10:34 am to Crawdaddy
Where? A non-renovated shack in the 9th Ward costs almost $200,000...
Posted on 10/18/23 at 10:41 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home. There are plenty of 175K homes out there
Way to out yourself as a completely out of touch boomer.
Anything under 300k is either in dinduland, or the middle of nowhere
Posted on 10/18/23 at 10:44 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home. There are plenty of 175K homes out there
WHere they at??? Move in ready or fixer uppers? If move in ready seriously where they at....Cash investors will have them under contract before anyone needing a mortgage will have a chance to make an offer.
Posted on 10/18/23 at 11:12 am to Crawdaddy
quote:
There are plenty of 175K homes out there
This is what we paid for our house in Broussard in 2008. The houses in my neighborhood are selling for 220,000 ish now. Granted that is low compared to all the cookie cutter neighborhoods popping up all over lafayette parish. But our neighborhood is all 30+ year old houses.
Posted on 10/18/23 at 11:13 am to Crawdaddy
quote:
There are plenty of 175K homes out there
Really? Where?
Posted on 10/18/23 at 11:21 am to Crawdaddy
quote:
Problem is these young kids want a 300-400K home. There are plenty of 175K homes out there
The other problem is homes that should be listed at max $200k-$250k are the houses listed at $300k - $400k.
We will be looking to buy in the Houston suburbs next year and although we can easily put down a 20% downpayment, the monthly notes are where we are having to downsize what we can buy by $100k or more. The house size we bought in 2018 at $180k is now going for $300k.
This post was edited on 10/18/23 at 11:24 am
Posted on 10/18/23 at 11:29 am to Crawdaddy
Houses around us were mostly sub 200k pre Covid. Now they’re all around 500k. It’s depressing seeing that they cost half of less only 3 years ago.
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