09-01-2007, 08:40 PM
The economy, as a whole, is strong. Obviously there are areas that are much weaker than others.
Where I live, property values are sky rocketing. Especially in the last 8 years.
I bought my 1st house when I was 19. A condo actually. Anyway, I bought it for $112,000. I sold it when we started having kids (3 years later) and it sold for $133,000. I bought another house for $150,000 2 years ago, and had it appraised again this year. Now worth $170,000.
The other great thing about this area, is that while propert may be skyrocketing, you can still get a VERY nice house for under $200,000. Buy 'em while you can! [cool]
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Where I live, property values are sky rocketing. Especially in the last 8 years.
I bought my 1st house when I was 19. A condo actually. Anyway, I bought it for $112,000. I sold it when we started having kids (3 years later) and it sold for $133,000. I bought another house for $150,000 2 years ago, and had it appraised again this year. Now worth $170,000.
The other great thing about this area, is that while propert may be skyrocketing, you can still get a VERY nice house for under $200,000. Buy 'em while you can! [cool]
[signature]