West Coast Connection Forum

Lifestyle => Train of Thought => Topic started by: Don Rizzle on September 25, 2007, 08:53:43 AM

Title: How much do houses cost in the US these days?
Post by: Don Rizzle on September 25, 2007, 08:53:43 AM: The dollar is trading low and house prices are coming down - I may be interested in an investmest I could put up $100,000 without having to borrow a penny what could I get for that and what could I get If I had $300,000 to spend? Your thoughts please
Title: Re: How much do houses cost in the US these days?
Post by: 7even on September 25, 2007, 09:03:31 AM: If you were really up to invest $100,000 or more, you'd probably make the effort to get this information from a source that is more suitable than WCC. I bet you just want to show off.
Title: Re: How much do houses cost in the US these days?
Post by: Don Rizzle on September 25, 2007, 10:15:04 AM: i'm not seriously interested right now, on that you are right, but i was just looking for some general info and it could be something to look into in the next year or so, my currently plans are to buy a house when i go back to the UK, but i'm looking at minimum of $400,000 for anything there and the chances are i'm only gonna live there for 2 or 3 years and then return to Korea and keep the house as an investment/pension
Title: Re: How much do houses cost in the US these days?
Post by: Teddy Roosevelt on September 25, 2007, 10:21:16 AM: Uh, are you aware of how big and diverse the US is? Housing costs very widely from state to state. To buy a house in Califonia you will need at the very least $400,000. If you go to Mississppi you can get a nice house for $100,000.
Title: Re: How much do houses cost in the US these days?
Post by: Don Rizzle on September 25, 2007, 10:47:23 AM: how about somewhere like new jersey or florida?
Title: Re: How much do houses cost in the US these days?
Post by: Smoke Break on September 25, 2007, 01:33:50 PM: http://www.century21.com
Title: Re: How much do houses cost in the US these days?
Post by: Primo on September 25, 2007, 05:24:03 PM: somewhere like mass, california, new york will cost you alot but you can get a very nice house in florida for 300,000
Title: Re: How much do houses cost in the US these days?
Post by: swangin and bangin on September 25, 2007, 08:41:36 PM: Alaska has a good housing market
go there nice weather beautiful beaches, nice women, youl'l like it

its different
Title: Re: How much do houses cost in the US these days?
Post by: Machiavelli on September 26, 2007, 04:04:14 PM: Quote from: So Glorious on September 25, 2007, 05:24:03 PM
somewhere like mass, california, new york will cost you alot but you can get a very nice house in florida for 300,000

depends where in florida...in south florida for a nice house will cost from around 600-900 thousand...
Title: Re: How much do houses cost in the US these days?
Post by: jeromechickenbone on September 26, 2007, 04:49:03 PM: No way in hell I'd buy a house as an investment in the states right now. We're coming down from the greatest real estate boom in history and it's coming down extremely hard. I don't think it's gonna even come close to bottoming out until 2009 at the EARLIEST. Foreclosure trends are increasing, new home construction is slowing, existing home sales are slowing. We're in for a MAJOR correction in the market to offset all of the insanity of the past several years.