How much have they decreased in the past year?
What does an average 4 bedroom house (detached) cost in a suburb where you are located?
What does an average 4 bedroom house (detached) cost in a suburb where you are located?
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the cost of the homes in my area are steadily going UP. they have not decreased at all. ( Cancun Mexico ) This area is unlike most of the realestate world in that aspect. It does not rely on the US for money, although it gets a HUGE boost from the tourists.
You can buy a condo ON the water here for 250k and up. at the same time, you can get a house with a 440sq Meter lot and house for the 400k range. not near the water.PornGuy skype me pornguy_epic
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House prices in my area have increased around 200% in the last 5 years.I'm just a newbie.Comment
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umm well at the moment a 4 bed house in my shitty area of london would be about $600k + I think... Not looking fwd to going back there from Cyprus.ICQ 1454 81 522 |
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I just bought a 5 bedroom place, although we only opted make 3 of them bedrooms for less than 160. Not a bad deal.
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You don't want to know.Comment
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Way too fucking much still.
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i live in NYC soo... you do the math
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The average place in Toronto would probably be about $400K
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bucharest.... prices are going through the roof
moved here a few years when it was cheap, now it would be cheaper to move back home to america
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only INcreasing in Norway...M&A QueenComment
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13.1% down in Los Angeles over the last year. But Santa Monica where I live has probably declined more as it increased more during the bubble years.Comment
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They will remain high in certain areas because (well-paid) jobs / (rich) folks + (slave) immigration= real estate inflation.Last edited by xmas13; 02-15-2008, 02:43 PM.ICQ 557504926Comment
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Still going up where I am, but I'm in a resort town where it's mostly retirees from Atlanta paying in cash or folks from FL wanting a mountain house as a vacation home. The only foreclosure in my subdivision I've seen since I moved here 7 years ago was a builder home and that's because the idiot built it with vinyl siding when every other home is wood or stone (the HOA no longer allows vinyl ;) ).
Houses ARE staying on the market longer though because the folks in FL are hurting (about 75% of the vacation homes here are owned by Floridians). My neighbor's home in Naples has gone down in value and their business income down almost 80% - what they manufacture is sold to upper class new homes and redesigns and apparently that market is really hurting in FL.
Average price in my neighborhood is about $250K for a standard 1400-1800 sq ft home (the smallest you can build is 1200 sq ft) on 1/3-1/2 acre, no view or water frontage with one of the larger homes (4K sq ft with 7 acres of land) on the market for $800K and a whole lot in between.
When I moved here 7 years ago the average price for all the homes combined was $200K. Back then you could buy a house on the small end with no view/water frontage for less than $100K.
Now they are talking about building a big industrial park in town. It will be interesting to see if that will raise or lower the property values.Comment
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Up here in the country you could buy a nice 4 bedroom for about 90k, and have some acres alsoComment
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4 bedroom houses in my area go for anywhere from a million to 1.5 million.. Decreased about 10-15% in the last year and a half.13 solid years strong.
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what a trend....
2000 - 250k
2004 - 850k
2007 - 600k
2-3 bedrooms SFR's - 600k, going rate here in this areaJimmy James
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Average looking house here is at least half a million
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still going up ..slowed but up none the less .. not enough houses here as it is .. people are lucky to have 5 vacant rental properties in the entire town monthly .. average new 3 bedroom on regular lot near school ..$350K easily and decent house on sub dividable lot is easily doubled ..No sig .. just meComment
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In Sacramento, CA I think houses depreciated for about a full quarter or fifth of their value.
A 4 bdr in my little suburb, Fair Oaks, tends to go for around 400,000 where last year they were half a million to 600K.
Mine was evaluated at 467K a little over a year ago... If I sold it now it'd go for mid 200s. Good thing I don't need to sell, huh?Ananda Sisk - Client Relations
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A nice house in my neighborhood is around million dollars, it has decreased but not much.
We need a major earthquake in order to get a major decrease in pricesComment
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