Re: Are Home Prices Stabilizing in Your Area?

sunshine 919 · ‎12-22-2013

In Reno the answer is no. But what is worse is the rent. It is ridiculous.

SurferWife · ‎12-12-2010

Not here! The median price for a single-family home on O'ahu is $992,500.

Time is just a drop in the bucket compared to eternity. It isn’t how long you live that matters; it is how well you are prepared to die. ~~Colonel Robert B. Thieme, Jr.

ECBG · ‎01-08-2011

I am in a top vacation area. Our housing prices don't drop.

qbetzforreal · ‎08-28-2010

Nope. Still a seller's market.

Tessa Mendoza · ‎01-27-2020

Prices in Calfornia have not stabilized and are still rising, at least in our area along the coast. Home prices have always been very high here, but it has gotten ridiculous. So tempting to sell our home and move on, but we just can't do it. Can't think of where else we would like to live and we really love our town and home. We could not afford a house here now.

LonestarBabs · ‎06-26-2011

It's cray cray here in Texas! I'm in DFW and the market is nutso.

DiAnne · ‎09-22-2010

Seattle area is still high. I also getting the steady stream of letters. Unless you are moving to a place with a lower cost of living it does not make sense to sell. I know two families getting close to retirement that have moved and paid cash for a new home in a less popular area. Neighbor has home going on market next week for 2.6 million and have a new home being built in another state (4 bed, 3 baths) for $365,500. I want to stay in this area so no big profits for me!

Kalli · ‎03-11-2010

@Annabellethecat66 , I'll share my version of that same walk down memory lane. In the 50s my parents bought a nice house in a very established neighborhood. At that time the house was about 30 years old. Lovely place, real fireplace, 3 porches, 4 bedrooms, nice kitchen, dining room, big basement, large attic (that became an apartment for my grandparents when they visited.)

Not really sure what my parents paid for that place but you can bet it wasn't much since at that point there were already 4 kids in our family and Mom was a SAHM. We were typical middle class. That neighborhood was planned around a wonderful park and small town had library, several shops, etc.

I looked it up online and it recently sold for almost $900,000. It's in NJ and not too far from a train station so very convenient for many folks who take the train into NYC for work.

suzyQ3 · ‎03-09-2010

@Tessa Mendoza wrote:
Prices in Calfornia have not stabilized and are still rising, at least in our area along the coast. Home prices have always been very high here, but it has gotten ridiculous. So tempting to sell our home and move on, but we just can't do it. Can't think of where else we would like to live and we really love our town and home. We could not afford a house here now.

@Tessa Mendoza, stay put and enjoy. We live along the coast as well and will do so as long as we can.:-)

~Who in the world am I? Ah, that's the great puzzle~ Lewis Carroll, Alice in Wonderland

proudlyfromNJ · ‎05-01-2010

@Kalli wrote:
@Annabellethecat66 , I'll share my version of that same walk down memory lane. In the 50s my parents bought a nice house in a very established neighborhood. At that time the house was about 30 years old. Lovely place, real fireplace, 3 porches, 4 bedrooms, nice kitchen, dining room, big basement, large attic (that became an apartment for my grandparents when they visited.)

Not really sure what my parents paid for that place but you can bet it wasn't much since at that point there were already 4 kids in our family and Mom was a SAHM. We were typical middle class. That neighborhood was planned around a wonderful park and small town had library, several shops, etc.

I looked it up online and it recently sold for almost $900,000. It's in NJ and not too far from a train station so very convenient for many folks who take the train into NYC for work.

@Kalli I know exactly what you are saying. My parents bought their third house on the same street in the late sixties for 22,000. Stay at home Mom and the house was on the water which is why they bought it. They went into an assisted living in 2006 and sold it for close to one million. New owners torn it down and built a fancy new one. Being on the waters that converged from the river to the bay to the ocean with views of NYC made it worth two million now which I just looked up. There's a ferry to NYC.