RocksteadyDotNet
Diamond Member
- Jul 29, 2008
- 3,152
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But you'd have to live in the US![]()
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I'll pass on that shit.
I'd rather pay a premium and live in a first world country.
But you'd have to live in the US![]()
![]()
I'll pass on that shit.
I'd rather pay a premium and live in a first world country.
Wow you and me agree on something. Should I be scared?![]()
The stuff I say is rarely popular, but it's always right.
This
1996 1450 sfqt, in what is now the "historic district" **bull shit** $72K.
At the bubble, thanks to realtors and transplants, +450 sqft, $280K
Today, 1900sqft, $220K at the drop of a hat.
Still ridicules.
Edit: Nate must live around here.
$400K~ish, but greatly depending on where you (want to) live in the state:
http://www.trulia.com/home_prices/New_Jersey/
Property Tax Rates are also among the highest in the nation.
What would taxes run on $400k there? For me it's $12k-$16k year depending on school district for a $400k home. That's eff'n high.
What would taxes run on $400k there? For me it's $12k-$16k year depending on school district for a $400k home. That's eff'n high.
$420K home, and as of this year I went from $8500 to $11K/year, so comparable to your home.
I *so* want to move. :\
The logic is that the more they can inflate the price, the more they make. Even a few percentage points will add up quickly in a busy market. And, from the looks of it, everyone was very busy until the bust. When the next guy does comps, he uses the higher values. A normal market should limit that but our prices had been lower that other parts of the country and lenders were throwing $$ out the door on mortgages. Like I said, 1450sqft for $72K in the mid 90's. Try and find that in Cali or up north then.WTF do Realtors have to do with housing prices?All they do is look at market trends and advise people on what their home is worth based on the current market and what other comparable homes have sold for recently.
Our house is 2,200 sq ft and would sell for around $400,000 today.
The logic is that the more they can inflate the price, the more they make. Even a few percentage points will add up quickly in a busy market. And, from the looks of it, everyone was very busy until the bust. When the next guy does comps, he uses the higher values. A normal market should limit that but our prices had been lower that other parts of the country and lenders were throwing $$ out the door on mortgages. Like I said, 1450sqft for $72K in the mid 90's. Try and find that in Cali or up north then.
Add to that the transplants that sold their modest house for $500K+. They've got $$ to burn. That puts our house at 100% increase at current prices and nearly 150% at the boom.
What was your value at the height?