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12-09-2006, 03:35 PM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Tierra Verde
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12-09-2006, 03:37 PM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Downtown St. Petersburg
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12-09-2006, 03:39 PM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Downtown St. Petersburg
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12-09-2006, 03:41 PM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Downtown St. Petersburg
This building is a TRIUMPH! because it's constructed of invisible materials.
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12-09-2006, 04:12 PM
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Senior Member
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Join Date: Sep 2006
Location: Fort Mill, SC
220 posts, read 119,099 times
Reputation: 41
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Quote:
Originally Posted by Need_affordable_home
Yea, makes no sense to buy a house for more than $25k to $50k in todays market.
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What in the world are you going to buy for 25-50k? Geesh, you'll pay that for a nice car. The average price of a new home in 1976, 30 YEARS AGO, was $43,400. 
I understand that you spend a lot of time on this site and others, researching, but I think that you'll find that these "gems" in place like Oil City, PA are more like lumps of coal once you go and visit them.
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12-09-2006, 04:30 PM
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Waiting to pick up the pieces from the crash
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Join Date: Oct 2006
Location: Key Largo
4,948 posts, read 2,451,441 times
Reputation: 1216
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Quote:
Originally Posted by scamutz
What in the world are you going to buy for 25-50k? Geesh, you'll pay that for a nice car. The average price of a new home in 1976, 30 YEARS AGO, was $43,400. |
By the way, what was the average salary then? Why not divide that average home price by the average salary then, then take that amount and multiply by today's average pay. Then you have a fair home price, right?
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12-10-2006, 07:11 AM
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Senior Member
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Join Date: Jun 2006
Location: Central Florida
517 posts, read 340,847 times
Reputation: 123
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Quote:
Originally Posted by firemed
Sales are reported when a contract is signed, not at the closing of the sale. Home builders have reported a large increase in cancellations in recent months. Cancellations are not reflected in the government data, so the reported sales are likely overstated.
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Sales are reported after closing since the contract price is not public record until closing. If a Realtor released pending contract sales prices, they would be in violation of the law. After closing, once the deed transfers, the sales price is public record and readily available to anyone who seeks the information.
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12-10-2006, 10:29 AM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Tierra Verde
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12-10-2006, 10:30 AM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Tierra Verde
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12-10-2006, 10:32 AM
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Senior Member
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Join Date: Jun 2006
901 posts, read 590,911 times
Reputation: 381
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Tierra Verde
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