http://www.forbes.com/2008/07/14/ho..._md_0714bestbuy_slide_11.html?thisSpeed=15000
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Personally, Im very surprised Jersey isnt a top 10 city to buy a home!! Thats total BS, I know everyone just LOVES to spend half a million dollars on a 1500 sq ft house and pay 10,000 worth of taxes a year...wouldnt ya, you know you would :up: :pity:Last edited: Jul 23, 2008 -
i cant see it at work, is charlotte nc on there?
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Can't say I'm surprised. Buying at the height of a real estate bubble is just awesome.Fin Fan In Cali and GoPhins! like this. -
The South made a nice showing with Charlotte, N.C., Jacksonville, Flo., and Atlanta, Ga., making our list. Charlotte and Jacksonville have surged in price by 12.9% and 8%, respectively. Atlanta has seen huge amounts of growth and remains reasonable with a median home price of $172,000.SICK likes this. -
SICK likes this. -
too much of that would be subjective, IMO.
"best place to buy a home" is largely based on where one wants to live, not just home values. :up: -
buying a house is overrated
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Not to be negative, just an observation.texasPHINSfan likes this. -
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late again and GoPhins! like this.
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is juarez, mexico on the list?
Property over there is being sold like hotcakes right now......HardKoreXXX and texasPHINSfan like this. -
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I'm not in that bad a shape. Luckily we got a real good deal on our house as it needed some work. So factoring in the sweat equity and the market decline we could probably just about break even if we were to sell.Fin Fan In Cali likes this. -
GoPhins! and MonstBlitz like this.
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phunwin Happy kids are Dolfans. Luxury Box
Here in Rochester, NY, the market has been appreciating gradually, without big spikes or dips, which is fine with me. Our house has appreciated $25K to $30K in the last 3 years. A good amount of that is sweat equity and improvements, but much of it is the market steadily increasing.Fin Fan In Cali likes this. -
phunwin Happy kids are Dolfans. Luxury Box
GoPhins!, Fin Fan In Cali and Big E like this. -
I'm not sure if this is what Stringer meant, but there's an increasing amount of people who have been making the argument that renting makes more sense than buying. Their argument is the money you save can be put into better investments that will appreciate faster than real estate, especially in this market. This argument does NOT hold up for many reasons. To name a few -
1. Rental prices catch up with Mortgage payments very quickly. Some of my friends here in the D.C. area already pay in rent what I pay for a mortgage and I've only been in my house for 2 years.
2. It ignores the fact that eventually you finish making mortgage payments and then pay nothing cept tax and HOA, while the renter pays rent forever.
3. Who is actually responsible enough to invest the difference between renting and buying? Looking how in debt we are as Americans, virtually no one.
This might not be what Stringer was thinking at all, but I just wanted to get this out there to nip that argument in the butt right away if it was coming. -
phunwin Happy kids are Dolfans. Luxury Box
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i think SB was just being funny. many of you are taking him a little too serious...