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You know the market is bad when this is in the mid 3's

Original post by KarAnthony



Check out how small this house is. I don't care if it's on 3 acres, I think my 1 bedroom apt. is bigger! http://www.mlsli.com/uniDetails.CFM?MLNum=1772107&typeprop=1&start=1&rpp=20
Mrs. dleeny Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by DjPiLL


Posted by dleeny
did you see my post on NWR about this house in Richardson, TX?




Yes but whenever someone makes a post like this.... I always say....

'It may be cheaper there... but WHY would I want to live there and make pennies on the dollar compared to NYC'.


that is not always the case. My BIL & SIL in TX make a very nice living (well over 6 figures) and their mortgage is $800 a month on a gorgeous 4 bedroom house w/3 baths on 1/2 an acre.

people may make less, but it's not a whole LOT less... not with every job.
Beth1210 Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by DjPiLL



Yes but whenever someone makes a post like this.... I always say....

'It may be cheaper there... but WHY would I want to live there and make pennies on the dollar compared to NYC'.




that is not always the case- some people can take there NY skills and do very well in other states

I know my Hubby might not make more (he is going to move his company)- but in Florida he wont have to pay as much taxes-
103005FallBride Posted:

Re: You know the market is bad when this is in the mid 3's

I'm totally SICK!

Ron...another reason for the puking icon...LI home prices!
SomethingBlu Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by DjPiLL


Posted by dleeny
did you see my post on NWR about this house in Richardson, TX?




Yes but whenever someone makes a post like this.... I always say....

'It may be cheaper there... but WHY would I want to live there and make pennies on the dollar compared to NYC'.




Sorry Rich. This is not true. And my brother is in computers too...makes more than he did here. At least in major cities, the pay is comparable or better.
Mrs. dleeny Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by SomethingBlu


Posted by DjPiLL


Posted by dleeny
did you see my post on NWR about this house in Richardson, TX?




Yes but whenever someone makes a post like this.... I always say....

'It may be cheaper there... but WHY would I want to live there and make pennies on the dollar compared to NYC'.




Sorry Rich. This is not true. And my brother is in computers too...makes more than he did here. At least in major cities, the pay is comparable or better.

my BIL (an architect) is retiring in 8 years, when he's 50.

that's what happens when you’re able to invest a huge chunk of your $$ because your mortgage is a small fraction of what you earn I am SO jealous! but I am happy for him and his family.
KarAnthony Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by Beth1210


Posted by KarAnthony



Check out how small this house is. I don't care if it's on 3 acres, I think my 1 bedroom apt. is bigger! [L20[/L]



I think you misread- it's on .46ac- not even half

I would knock it down and start over



No I meant, even if it was on 3 acres I still wouldn't touch it with a 10 foot poll!
EJSD2006 Posted:

Re: You know the market is bad when this is in the mid 3's

wanna vomit some more, girls? my friend moved to VA and is looking to buy a house...sitting on 2 acres, 4 beds, 2.5 baths, 2500 sq. foot house. $175k!!!!! And the property taxes are like $2k a year!!! I'm a realtor and I know it's bad for business to say this but people our age are going to have a very hard time buying on LI if you don't have enough of a down payment. If anyone wants help, let me know...

103005FallBride Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by alnem

wanna vomit some more, girls? my friend moved to VA and is looking to buy a house...sitting on 2 acres, 4 beds, 2.5 baths, 2500 sq. foot house. $175k!!!!! And the property taxes are like $2k a year!!! I'm a realtor and I know it's bad for business to say this but people our age are going to have a very hard time buying on LI if you don't have enough of a down payment. If anyone wants help, let me know...



That's available right here in NY...just upstate!

This is my family's house upstate. My parents & grandma built this house in the early 70's. It's a 3 bedroom, 2 bath, HUGE kitchen, HUGE living room & dining room, 2 car garage, full basement ranch house....and it's on 3.5 acres of land.
Here's the part that gets me...It's assessed for $150k-$175k...

Long Island real estate officially makes me SICK!!!


Beth1210 Posted:

Re: You know the market is bad when this is in the mid 3's


Posted by KarAnthony


Posted by Beth1210


Posted by KarAnthony



Check out how small this house is. I don't care if it's on 3 acres, I think my 1 bedroom apt. is bigger! [L20[/L]



I think you misread- it's on .46ac- not even half

I would knock it down and start over



No I meant, even if it was on 3 acres I still wouldn't touch it with a 10 foot poll!



oh ok- I was confused-

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