I’ve been struck by the number of people being interviewed in Florida who are being faced with this reality. So many of them are making statements along the lines of just what your talking about...when I bought here 15, 20, 30 years ago I could afford it. Now there’s no way.
My grandmother recently passed away, and in the aftermath of that, my family had to sell her house. It's not a big house, not in a great neighborhood, it has foundation problems, and definitely very old decor. My parent's generation, none of whom have bought a house in decades, assumed they'd be lucky to get $100k for it. I looked at them like they were insane, and said it would get at least $185k. They didn't believe me. Guess how much it sold for! ($195k)
I’ve been struck by the number of people being interviewed in Florida who are being faced with this reality. So many of them are making statements along the lines of just what your talking about...when I bought here 15, 20, 30 years ago I could afford it. Now there’s no way.
My grandmother recently passed away, and in the aftermath of that, my family had to sell her house. It's not a big house, not in a great neighborhood, it has foundation problems, and definitely very old decor. My parent's generation, none of whom have bought a house in decades, assumed they'd be lucky to get $100k for it. I looked at them like they were insane, and said it would get at least $185k. They didn't believe me. Guess how much it sold for! ($195k)