Housing Prices

[Mike P]

Originally Posted by Skip N

Its depressing to see what $250,00 gets you here compared to almost anywere else in the country, especially the south. Mostly crap up here in that price range

Go see what 250K gets you on Long Island.

It might get you a buildable lot, or a shack close to the high water line in Mastic Beach. Nothing else.

Median price is about $450 K for a 3 br Cape.

[fishsmith]

The house across from us has been on the market for some time and has dropped 50K from $419 to $370, and that seems great for the buyer, but with the rates steadily going up, the monthly payment doesn't get any smaller.

[spence]

I heard the average house cost in Little Compton is about 640K

If you are looking to buy, this is a good time to float the low-ball offers. While sales have slowed the asking prices are still up there if it's a nice location.

-spence

[CAL]

The guy that I replaced at work sold his 30 year old %$%$%$%$ty ranch in Raynham for $300,000 and moved to Houston, bought a 5 year old 4 br/3 bath with 3 car garage on the first fairway of the country club for $205,000. But the pay down there is a lot lower than up here.

I feel your frustration. Had to sell my house during the divorce 8 years ago, right before the prices skyrocketed. I doubt I'll ever be able to afford a house again unless I get remarried.....and that's not gonna happen anytime soon

[Squid kids Dad]

Cal..Something here..Got divorced 8 years ago but I got the house..Had to refinace but consider myself lucky..Just have some equity I cant do anything with..But at least I have my own house..I feel your pain tho...Otherwise I could never offord buying now with just one income