> From: SStewart [mailto:[EMAIL PROTECTED] > The DC area is nuts, and Northern Virginia is the worst. I > have a three bedroom 30 year old two level condo (piggyback > end unit) that's about three miles from the subway and 395 > and the Capitol Beltway. I bough a year and a half ago for > $217K, Fairfax County tax appraisal came in last year at > $245K. An interior unit in the same neighborhood went for $289K. > > I'm expecting to sell for around $325K with some interior remodeling. > Having said that in order to buy a decent house (four > bedrooms with a real yard) I'll have to move about thirty > miles southwest (taking into account commute) and spend at > least $300K for a house. > > We need to buy within the next year before the prices become > unaffordable farther out.
The Montgomery County MD prices are just as bad. Right now my wife and I pay more in rent than we would on a mortgage for a $350,000 home... the problem is that in our area you can't find a $350,000 home in an OK neighborhood.... it's not uncommon for people to scoop up the lower priced properties and demolish the current structure and build a fortress. Besides pissing away rent, renting is not such a bad deal at this juncture... we have covered parking, a gym, a pool, business center, and no maintenance worries... I think I'd rather own a home though and not share walls. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Homesite Plus with Dreamweaver from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=55 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:163054 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
