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re: NOLA metro area home prices up 6% from March
Posted on 9/10/20 at 12:53 pm to JohnnyKilroy
Posted on 9/10/20 at 12:53 pm to JohnnyKilroy
I think 600-800k is the worst budget to be in. Seems like plenty of people selling sub 500k homes are having no issues and people are still buying 900k plus homes. That 600-800k is sort of like no man’s land.
1
Posted on 9/10/20 at 1:05 pm to Paul Allen
quote:
I think 600-800k is the worst budget to be in. Seems like plenty of people selling sub 500k homes are having no issues and people are still buying 900k plus homes. That 600-800k is sort of like no man’s land.
Agree for OM. Sub 600 gets a really well sorted 3/2.5+ house in a desirable (but not the best) area. 900+ gets the well sorted, and much bigger house in an even better area.
600-800 is either overpaying for the area or something that will need a LOT of updating.
Not that I’m looking to move, but if I was my range would be in that 600-700 range. Looking at what’s available, nothing in that range seems worth the price or worth the trouble.
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