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Old 02-09-2005, 10:28 AM   #1
Xenophage
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Real Estate - 700K median house price - SWEEEEET

http://www.santacruzsentinel.com/arc...es/03local.htm

here is an article abou my town and the rising housing.. fucking nutty 700K median price home there is nothing in this town for less than 500K and that is a totall ghetto dump

I am so happy i got in many years ago on a lot of rental property and am sitting in a nice position now...



though i do expect a decline in real estate over the next 5 years.
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Old 02-09-2005, 11:17 AM   #2
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Perhaps its time to cash out and reinvest somewhere where its on the rise
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Old 02-09-2005, 11:20 AM   #3
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In Iowa, a 700K house would mean your big pimpin. In Minnesota it means your medium pimpin. Where you live it means that you have a house. Lame!
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Old 02-09-2005, 11:21 AM   #4
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Here you can get like a 7500 sq feet mansion for 500k ...
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Old 02-09-2005, 11:25 AM   #5
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Here you can get like a 7500 sq feet mansion for 500k ...
thats a great deal
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Old 02-09-2005, 11:26 AM   #6
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Shit, LA Blows. A 7500SqFt house in a decent part of SoCal would run you well over 2Mil.
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Old 02-09-2005, 11:28 AM   #7
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Lars, are you trying to give us a clue what you paid for Cams.com?

.
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Old 02-09-2005, 11:30 AM   #8
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Fuck, you should have a damn big house !
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Old 02-09-2005, 11:32 AM   #9
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Here you can get like a 7500 sq feet mansion for 500k ...
that is probably in Canadian dollars too huh?
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Old 02-09-2005, 11:34 AM   #10
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thats a great deal
Yeah, where we live, you can't even get into Slater Slums for that!
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Old 02-09-2005, 11:36 AM   #11
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Lars, are you trying to give us a clue what you paid for Cams.com?

.
Funny you should mention that, the same thought crossed my mind
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Old 02-09-2005, 11:38 AM   #12
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Here you can get like a 7500 sq feet mansion for 500k ...
There are two 14k sq ft homes at the end of my street on the river . Cost was ~ 1.2million the same price range...

What kind of land are those homes on ?
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Old 02-09-2005, 12:38 PM   #13
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There are two 14k sq ft homes at the end of my street on the river . Cost was ~ 1.2million the same price range...

What kind of land are those homes on ?

the 500K homes in santa cruz are 1100 Sq feet on a 4500 sq ft lot..

a 2 mil home will get you 3000 sq ft and an ocean view. on a 8000 sq ft lot LOL
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Old 02-09-2005, 12:50 PM   #14
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my neighbors place is for sale,..... 29,900
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Old 02-09-2005, 12:51 PM   #15
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The prices are unbelievable for housing. 700k is an average house in my town with nothing special like pool, big backyard, etc. They're around 1600-1800 sq.ft.
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Old 02-09-2005, 12:52 PM   #16
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I'm sick of you rich guys in your fancy ass houses, what about the rest of us?
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Old 02-09-2005, 12:54 PM   #17
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I'm sick of you rich guys in your fancy ass houses, what about the rest of us?

You will just have to be happy with your 300 unit apartment complexes in the central valley !

hope ya havve a bunch of playboy stock cuzz its killing it today

PLA
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Old 02-09-2005, 12:55 PM   #18
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700k in Orlando will get you a nice house in a nice neighborhood. 5000 sq ft on a small conservation lot.

You have to go to 1.5mill around here to get into the exclusive neighborhoods - where shaq and tiger live.
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Old 02-09-2005, 01:04 PM   #19
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I started inversting in real estate over 10 years ago.

My only advice is to buy land cause God ain't makin any more of it.
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Old 02-09-2005, 01:14 PM   #20
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dayum, ok now i feel better, I thought it was bad down here in SLO county with the median house being about 400-500ish...
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Old 02-09-2005, 02:19 PM   #21
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the original poster is correct.

SC is a great little town, but the value is not there, the boardwalk area used to be quaint, and now is mostly a slum.

i made my first big money in bay area real estate (SF and east bay) and sold all my rental properties and moved to an area where you can keep the doors unlooked and not worry about some afro american putting a gun to your head and asking for your wallet.

you can live in a million dollar victorian in SF and you still can't find a place to park because some asswipe has blocked the driveway to your garage, and some panhandler wants to hustle you on the way to your front door.

been there, done that.

IMO calif RE is only good for making money on resale, not for quality of life, because the VALUE ain't there.
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Old 02-09-2005, 02:57 PM   #22
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The way it's going, I'll never be able to own a desent house of my own. Great!
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Old 02-09-2005, 03:05 PM   #23
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It is crazy how are we suppose to buy a house with this prices.
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Old 02-09-2005, 03:10 PM   #24
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The way it's going, I'll never be able to own a desent house of my own. Great!
There are places in California where you can buy a 3bd/2bath house for under $100k
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Old 02-09-2005, 03:10 PM   #25
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$700k gets you a nice pad in Dallas.

Of course, I live in a trailer.
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Old 02-09-2005, 03:21 PM   #26
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I'm sick of you rich guys in your fancy ass houses, what about the rest of us?

hater
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Old 02-09-2005, 04:11 PM   #27
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There are places in California where you can buy a 3bd/2bath house for under $100k
is the house made out of rubber?
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Old 02-09-2005, 04:20 PM   #28
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I paid under 100k 4 years ago and these places are almost 200k for the same freaking house.

Once it hits 260K im outta here to a loft.
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Old 02-09-2005, 04:52 PM   #29
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I paid $273k two years ago, now its worth $520k+

Las Vegas real estate started going nuts right after I moved here.
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Old 02-09-2005, 05:12 PM   #30
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There are places in California where you can buy a 3bd/2bath house for under $100k

yeh, Death Valley?


seriously, where is this at, it's gotta be horrible....Compton?
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Old 02-09-2005, 06:02 PM   #31
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yeh, Death Valley?


seriously, where is this at, it's gotta be horrible....Compton?
Lots of nice farm towns inthe central vally of ca have cheap houses..


fresno sacto stockton bakersfield... but they are 2 hours from the coast.

the beach is where the money is at
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Old 02-09-2005, 06:05 PM   #32
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Here you can get like a 7500 sq feet mansion for 500k ...
Where in Canada are you?
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Old 02-09-2005, 06:06 PM   #33
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Northern California houses prices are redicolous
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Old 02-09-2005, 06:10 PM   #34
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good news for you, take advantage of it
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Old 02-09-2005, 06:11 PM   #35
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Northern California houses prices are redicolous
Very.

Half million for 3br/2ba "starter homes"

People are going to have to learn the hard way I guess.
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Old 02-09-2005, 06:12 PM   #36
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Bay Area Real Estate is insane. It just keeps climbing and climbing.

But places like Manhattan are still more expensive right? So we probably have lots more room to go.
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Old 02-09-2005, 06:15 PM   #37
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the beach is where the money is at
I wish the weather in SF was like what you get. I'm just 2 blocks from my beach but unless I want to turn into an icycle I wont go in
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Old 02-09-2005, 07:52 PM   #38
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Lots of nice farm towns inthe central vally of ca have cheap houses..


fresno sacto stockton bakersfield... but they are 2 hours from the coast.

the beach is where the money is at
Now you've gone into Metal detecting ?? Those Quarters really add up
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Old 02-09-2005, 08:07 PM   #39
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Great deal.
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Old 02-09-2005, 08:07 PM   #40
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You can buy the largest residence in Mississippi at 29,000 square feet for only $4.4 million.
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Old 02-09-2005, 08:20 PM   #41
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One of my fondest college memories was meeting up with a chick going to UC Santa Cruz at a state pool tournament and bailing on the tournament to take off to stay with her for the weekend in the UC-SC dorms. Went down to the boardwalk and then watched big wave surfing from some cliff.

Ahh sweet memories of being 21 and having no responsibility.
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Old 02-09-2005, 08:49 PM   #42
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you should check out london house prices
http://tinyurl.com/5dm5w

click around on the left for more 'affordable'
for currency converter see:
http://xe.net/currency

I think this one is my favorite
http://tinyurl.com/6h4pp
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Old 02-09-2005, 08:58 PM   #43
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that is probably in Canadian dollars too huh?
Couple more years like the last four and there won't be any difference.
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Old 02-09-2005, 09:17 PM   #44
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900,000+ in my town.

im barely topping that at approx 1.1M on mine.
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Old 02-13-2005, 01:04 PM   #45
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Now you've gone into Metal detecting ?? Those Quarters really add up

Yup Others took up fishing I took up beachcombing hahhaahhah


retirement is grand
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Old 02-24-2005, 08:52 PM   #46
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haha this month is gonna be even sillier on teh real estate prices...
Bubble bubble
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