It’s hard to imagine how some of the people here are able to afford a luxury home. Real estate is so expensive in this area! We were having brunch at a local restaurant and overheard a woman (who we assumed was a real estate agent) talking about some of the homes she’d recently shown to some of her clients. She was telling her friend about the monthly payments people will be looking to pay if they purchase these particular homes - upwards of $3,500 per month. I couldn’t imagine a) paying that much and b) being able to afford a payment so high. The sad thing is, these are likely the type of homes that would run about $700-900 per month back home (new homes).
That’s just crazy to me! Jo and I thought our last mortgage of $686 (which started out at $530 - thanks to taxes) was high. Which to us, it was because we were used to paying $450 in rent. The homes I’ve been checking out (online) near my in-laws, these homes are running around $100k, some being luxury homes. It’s amazing how the prices vary so much from one location to another.
Hello. I am Teresa. I run this joint. Scribble Scratch is a place I use to document my life, and share my art and photography.
1 Comment so far
Leave a comment
I don’t know where you live but here in Northern Virginia condos routinely go for 300K and up for 1 bedrooms so how we’re ever going to get there - I have no idea.
By C on 07.30.07 3:18 pm | Permalink
Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>