we're gonna start building our new house in March....we have the land picked out...here are the blueprints for the house i want... http://www.eplans.com/house-plans.hwx/Q/Plan.HWEPL02586?searchId=1...
haha, oh absolutely, around here most newlyweds are able to buy a house right off the bat, that doesnt happen too often in NJ/NY.
Newlyweds...Try people who even make decent salaries. If you didn't buy a house before the late 90's in this area, you are screwed. I make more than twice as much I did in 1999 and I was in a bet...
Yeh it is. No argument there. I was just more or less just trying to explain that it's actually a good time for buyers despite how bad the prices look. For instance, people bought way lower priced homes in the 1980s.. buuuut probably had like an 18% mortgage rate. So, it's all relative. See historical mortgage rate chart here - http://www.thompsonsrealty.com/Mortgage_Rate_History/page_1708965.html
So, prices are high, but rates are good and at an all time low, despite the slow rising. And also, not every house listed at 300k is selling for 300k. List prices are very deceiving right now in this market, unless for a change the seller was actually smart enough to list it for what it's is worth and should sell for, instead of playing a waiting game to see if a buyer will give him that price.