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Discussion in 'Forum for Polls' started by FriendofSpurgeon, Jul 14, 2005.
Real estate prices seem to be going up, up, up. What is it like in your area?
The wife and I moved "home" just over three years ago, after 20+ years in Arlington, VA, where there was a significant bubble even then. Down here in Southwest Virginia, it is still possible to buy a decent house for under 100K. Prices have gone up here some but not like other places.
Oh, and I can breathe here. Significant value to that.
Prices here for single family homes have skyrocketed - to the point where I don't know how young couples will be able to buy a home anymore. The only way to find anything affordable is to move way out (meaning a long commute) or try to find a major fixer-upper.
Thankfully, we bought 10+ years ago; otherwise, we wouldn't be able to afford to live in our town.