I have a little rant, I am sure everyone will agree!

AlliNMatt06 Posted: Apr 10, 2006 12:18 AM

I have a little rant, I am sure everyone will agree!

So, since it has been so nice for the past two weekends, FH and I have been going house hunting. We both finally have pretty good jobs, so I thought we could at least look. Well, we started driving around and only stopping at houses that looked some what affordable. You can usually tell by looking at the house that it is out of our price range.
So, we go in to some houses, some nice some not so nice. Houses that should literally not be worth more then $350,000, some not even worth $150,000. They want $609, $499, $545. How can we afford this!!!!!!!!!!!
Every where you look there is a house for sale. Houses that used to be affordable. The real estate agents seem desperate to sell. Half of the people that own these houses have already moved and are now probably paying two morgtages. They just are not able to sell their homes. No, family is going to buy these houses. The ones that are going to buy these houses are newlyweds, though most Newley weds can't afford them. It is just so frustrating!!

My mom told me the real estate agent from one of the houses called my house, desperate to talk to me. The house was beautiful, but not $609,000 beautiful!!! Okay, that is the end of my Rant!!

JPand TT Posted: Apr 10, 2006 12:21 AM

Re: I have a little rant, I am sure everyone will agree!

I hear ya. The house prices are crazy right now. It's very depressing.

weddingbunny Posted: Apr 10, 2006 12:44 AM

Re: I have a little rant, I am sure everyone will agree!

oh my goodness, I know! It's awful, the housing market is flooded with homes for sale, and nobody can sell them!

LI is basically just shoving out its middle class, especially those of us who are younger and just getting started.

FH and I were upstate for the weekend, and let me tell you... the prices and taxes up there make it REALLY tempting to just buy a place up there! If it weren't that I don't want to leave my family...
So, yeah, it really s*cks.

anglbyme Posted: Apr 10, 2006 12:47 AM

Re: I have a little rant, I am sure everyone will agree!

I know!!!!! I always say that I can't ever imagine ever being able to OWN my own home. But....If you look n e where else like north carolina, texas ect...You will get sick seeing how much you can get for sooooo much less than here! But who wants to relocate when they are young and comfortable (not money wise). It's kinda scary to pick up and relocate! I feel your pain!!!

Jackie&Justin Posted: Apr 10, 2006 01:01 AM

Re: I have a little rant, I am sure everyone will agree!

I know, thats why we are moving..its sad.

chloeme2 Posted: Apr 10, 2006 01:32 AM

Re: I have a little rant, I am sure everyone will agree!

Posted by JPand TT

I hear ya. The house prices are crazy right now. It's very depressing.

VERY depressing!!!!! Our generation is $crewed.

MrsP2Be Posted: Apr 10, 2006 07:34 AM

Re: I have a little rant, I am sure everyone will agree!

I know! There are tiny capes with 1 bathroom that they're asking 600-700K for.

transamgirlie Posted: Apr 10, 2006 07:45 AM

Re: I have a little rant, I am sure everyone will agree!

yup I got my bags already packed. It saddens me so much to know that I can't live here after the wedding. It will be time to hit the road.

VadersBride2006 Posted: Apr 10, 2006 08:15 AM

Re: I have a little rant, I am sure everyone will agree!

Yuppers!! That's why FH and I are moving to Florida within the next 2 years. To build our dream house there will cost us roughly $200,000 to $300,000 depending on what we want right away. And that's starting with 4 BD's and 3 BA's! It would be almost triple that if we were to look here!

CaMacho Posted: Apr 10, 2006 08:19 AM

Re: I have a little rant, I am sure everyone will agree!

Yup, that's why we're 99% moving to FL after the wedding!!

dianadrw Posted: Apr 10, 2006 08:47 AM

Re: I have a little rant, I am sure everyone will agree!

I know exactly how you feel. It's seriously depressing. Everytime FH and I start to look, we just can't believe the prices. It's a bit ridiculous.

JazzyT Posted: Apr 10, 2006 08:49 AM

Re: I have a little rant, I am sure everyone will agree!

Posted by chloeme2

Posted by JPand TT

I hear ya. The house prices are crazy right now. It's very depressing.

VERY depressing!!!!! Our generation is $crewed.

Agreed

sarahradio5 Posted: Apr 10, 2006 10:15 AM

Re: I have a little rant, I am sure everyone will agree!

You should look into Town Houses. My FH and I bought one last November, and we are IN LOVE with it! It has everything we need... even a basement and a back deck! And the community has 3 pools and gym! We were thinking 'house' - until we found this and FELL IN LOVE. MUCH more doable than a house!

BklynItaliana Posted: Apr 10, 2006 10:20 AM

Re: I have a little rant, I am sure everyone will agree!

O boy do i know where your comming from.

there is nothing out there that is affordable.. it's crazy.. fh is on MLSLI every friggen night looking..

Mrs. dleeny Posted: Apr 10, 2006 10:21 AM

Re: I have a little rant, I am sure everyone will agree!

I feel your pain, BELIEVE ME!

read this article from today's Newsday

Mrs. dleeny Posted: Apr 10, 2006 10:23 AM

Re: I have a little rant, I am sure everyone will agree!

Posted by sarahradio5

You should look into Town Houses. My FH and I bought one last November, and we are IN LOVE with it! It has everything we need... even a basement and a back deck! And the community has 3 pools and gym! We were thinking 'house' - until we found this and FELL IN LOVE. MUCH more doable than a house!

townhouses aren't much cheaper than houses. at least not the one's we've looked at.

and when you add the common fees, we would have ended up paying even more on a townhouse in the longrun.

MrsC2b Posted: Apr 10, 2006 10:24 AM

Re: I have a little rant, I am sure everyone will agree!

its very sad...my fiance and i are buying a starter house at a very very cheap price...from a friend we will probably only keep it for a year then sell it... b/c its not our dream house and we are probably going to head to florida.. =(

ali120206 Posted: Apr 10, 2006 10:27 AM

Re: I have a little rant, I am sure everyone will agree!

Posted by dleeny

Posted by sarahradio5

You should look into Town Houses. My FH and I bought one last November, and we are IN LOVE with it! It has everything we need... even a basement and a back deck! And the community has 3 pools and gym! We were thinking 'house' - until we found this and FELL IN LOVE. MUCH more doable than a house!
townhouses aren't much cheaper than houses. at least not the one's we've looked at.

and when you add the common fees, we would have ended up paying even more on a townhouse in the longrun.

We found the same thing! The complex we were looking at too just had a huge increase in their common fees and there's nothing the residents can do about it! We decided to rent something below our means and save for awhile and revisit next year. The prices of homes have been coming down somewhat (not substantially but, somewhat).

kmkelly Posted: Apr 10, 2006 10:30 AM

Re: I have a little rant, I am sure everyone will agree!

We own a house and we feel like we're working just to pay for the huge mortgage and the outrageous taxes. Seriously thinking of moving to Charlotte area in a year or so.

Mrs. dleeny Posted: Apr 10, 2006 10:31 AM

Re: I have a little rant, I am sure everyone will agree!

Posted by kmkelly

We own a house and we feel like we're working just to pay for the huge mortgage and the outrageous taxes. Seriously thinking of moving to Charlotte area in a year or so.

57% of homeowners on LI struggle to pay their mortgage.

what's wrong with this picture?