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re: And it's only getting worse, multiple carriers left La on 1-1-2024
Posted on 2/1/24 at 11:45 am to wiltznucs
Posted on 2/1/24 at 11:45 am to wiltznucs
quote:Where are houses en masse worth 4X what they were 10 years ago?
The house they spent $125,000 on a little more than 10 years ago is now worth $500,000.
Posted on 2/1/24 at 12:30 pm to Big Scrub TX
quote:
Where are houses en masse worth 4X what they were 10 years ago?
The entire gulf coast of Florida, extending from Cape Coral north all the way to Tarpon Springs.
I’ll give you a personal example. I purchased a modest 2000 sqft home in September 2007 for $225,000. The exact same home located directly across the street sold at the bottom of the market in 2011 for $119,000.
I sold the home in July 2021 for $425,000. The current estimate on the home is in excess of $500K.
Obviously, it depends on when you bought it. But, 2.5 to 4X is not uncommon in this area at all.
This post was edited on 2/1/24 at 12:38 pm
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