U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > General U.S.
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-19-2007, 03:27 PM
 
Location: Charleston, SC
314 posts, read 2,381,461 times
Reputation: 202

Advertisements

I didn't read the book, but I take it that Scranton is in PA? It wasn't very clear in the first post.
Reply With Quote Quick reply to this message

 
Old 04-19-2007, 08:09 PM
 
Location: Scottsdale, AZ
4,486 posts, read 15,282,966 times
Reputation: 3936
For $325,000 in N. Scottsdale you get a golf membership at Desert Mountain . And no...I'm not joking .

Acutally for around $300,000 you can get a nice condo in a great area. Top notch schools and in a golf/gated community. Something like this:

$330,000 2 bed/2 bath 1100 sq ft. Community pool and in a golf course community.

http://armlspictures.marketlinx.com/MediaDisplay/33/hr2867233-3.jpg (broken link)

http://armlspictures.marketlinx.com/MediaDisplay/33/hr2867233-5.jpg (broken link)
Reply With Quote Quick reply to this message
 
Old 04-19-2007, 08:57 PM
 
Location: Polish Hill, Pittsburgh, PA
30,196 posts, read 67,339,144 times
Reputation: 15835
Quote:
Originally Posted by Aquajox View Post
I didn't read the book, but I take it that Scranton is in PA? It wasn't very clear in the first post.
Yes. We're about 2 hours northwest of New York City in the northeastern part of the state, and we're also roughly 2 hours and 15 minutes north of Philadelphia.
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 03:19 PM
 
205 posts, read 848,519 times
Reputation: 156
Here's what $315K gets you in Exeter, NH 8 miles from the beach.

$314,900
3 Bed
2 Bath
1,160 Sq. Ft.
0.40 Acres
Attached Thumbnails
What you get for 0,000-2618658e.jpg  
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 03:37 PM
 
Location: Midwest
1,903 posts, read 7,282,184 times
Reputation: 464
Quote:
Originally Posted by Aquajox View Post
I didn't read the book, but I take it that Scranton is in PA? It wasn't very clear in the first post.
You mean you don't know Scranton?!

Have you even heard of Buffalo, or Erie, or Youngstown?
They were quite the places to be "back in the day."
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 05:16 PM
 
11 posts, read 77,174 times
Reputation: 28
Default $300,000 in NW Portland

$300,000 here gets you old crap. Nothing nice in my area for less than $450k, and that's on the way low end.

I rent a house built in 1999 for $1650/month. They probably paid $250,000 for it new and could now sell it for $495,000.

Here's the house near me in an older section for $308,900. It was built in 1957.
Attached Thumbnails
What you get for 0,000-308900.jpg  
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 06:08 PM
 
Location: Charleston, SC
314 posts, read 2,381,461 times
Reputation: 202
Quote:
Originally Posted by M TYPE X View Post
You mean you don't know Scranton?!

Have you even heard of Buffalo, or Erie, or Youngstown?
They were quite the places to be "back in the day."
LOL!! Sorry, I spent my whole life living in the same county in Washinton state until recently, so unless they had a sports team (like Buffalo), I've never heard of them.
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 08:33 PM
 
Location: Polish Hill, Pittsburgh, PA
30,196 posts, read 67,339,144 times
Reputation: 15835
Quote:
Originally Posted by M TYPE X View Post
You mean you don't know Scranton?!

Have you even heard of Buffalo, or Erie, or Youngstown?
They were quite the places to be "back in the day."
Agreed. All of these cities were former industrial strongholds, and all have faltered significantly from their former heydays. Some cities in the Rust Belt have begun to make a comeback (Lehigh Valley area, Scranton/Wilkes-Barre, Rochester, Pittsburgh, Peoria, etc.), while others continue to languish. Scranton used to have 150,000 people and was once the 36st-largest city in the United States. Now, it is merely the sixth-largest city in PA, with a population of 70,000. Urban sprawl wasn't kind to this city by any means.
Reply With Quote Quick reply to this message
 
Old 04-22-2007, 09:27 PM
 
Location: Portland, OR
414 posts, read 2,416,495 times
Reputation: 296
Quote:
Originally Posted by ScrantonWilkesBarre View Post
Thanks. Actually, real estate is my true passion in life. Nothing would make me happier than to work as a buyers' agent to show people from outside of the area who are considering relocating to PA some of the finer points the region has to offer. I'm getting the Bachelor's Degree in Accounting and pursuing my CPA simply to spend 5-10 years banking a generous salary before quitting and breaking into the untapped realm of the local real estate market as a relocation specialist. I already have my whole business itinerary planned out:

-Open up my own real estate office in Downtown Scranton called
"Electric City Realty." My office will be housed in a renovated loft-like unit, hopefully on the second-story of the Connell Building, which will be renovated in the upcoming years to house a market, book store, and premium office space (offering excellent visibility to house my firm).

-Devote myself FULL-TIME to the demands of my career. I'd love to spend weekends and holidays driving people around the region and learning more about my potential buyers so that I could match them up with their proper location and home. I'd also like to be in my office daily from 9 AM-8 PM---a little beyond the usual "9-5" because I'd like to give people getting out of work at 5 PM the opportunity to drop by the office to check out our listings or consider us to list their home.

-Concentrate my firm's focus entirely on the city limits of Scranton and other "in-town" neighborhoods. While I'd be more than happy to show prospective buyers around to the suburbs, I'd love to be able to turn away potential listings from housing developers, strip mall developers, and people looking to list homes that are in suburban/exurban locales, as these same people are the ones who turned their backs on the city and hurt it for so many years. Why should they be rewarded for that with my services and expertise? I'm actually not even sure if it would be legal of me to deny service to someone based upon their geographic location, but if it is, then by all means I want suburbia to know that not everyone is pleased to see what it has done to our once-bustling city. The effects that sprawl has had upon our city will take many more years to reverse.

-Advertise heavily in NYC and NJ. I'm probably one of the few locals who thinks that the growth in the Poconos will soon be spilling over into the Scranton area. As a result, I think promoting the city's safe streets, good schools, and walkable, traditional neighborhoods to people looking to escape the rising taxes and cost-of-living in NYC and Northern New Jersey might be a "gold mine" in the making.

-Get into the "flipping" business. Once the reputation of my firm grows, I'd like to branch out into real estate investments as well. There's a plethora of "handyman's specials" just waiting in the wings in the city, and I want to be the one who swoops in to purchase them, renovate them, and resell them to young families at only a marginal profit (I'm not looking to rake anybody over the coals or drastically elevate the city's cost-of-living; I just want my expenses to be covered). One drawback to Scranton vs. the suburbs is that much of its housing stock is "outdated." All of the new projects on the horizon for the city (lofts, condos, penthouses, tonwhomes, etc.) are all geared towards young professionals and empty-nesters. Meanwhile, nobody is attempting to lure in some families with children from their suburban enclaves in South Abington. A growing population of latte-sipping upper-middle-class yuppies is currently being noticed in the city, but let's not forget that children are equally as important to a healthier tomorrow. I choke up to see children riding bikes along the sidewalks of the Hill Section and parents walking their children from their homes to Nay Aug Park to enjoy a wonderful family-oriented day---something I didn't have very many of growing up due to living here in suburbia. I want more children to be able to experience times like those!

I don't ever foresee myself having a family or even a significant other in my future due to certain circumstances, so I'd be free to devote myself
100% to the business. If possible, I'd also pursue a Master's Degree in Real Estate to use as a "crutch" to advertise myself in the very beginning to lure in the first few listings until my own reputation starts to grow from their word-of-mouth.
Sounds nice man - very ambitious. Be sure to do it with an area you love like me and the South. I urge people to move in droves to frozen tundra wasteland of Chicago burbs with huge property taxes and mexican underclass. Make sure you know what you're getting into. I never liked the poconos but you are getting extreme commuters out there.
Reply With Quote Quick reply to this message
 
Old 04-23-2007, 12:16 PM
 
Location: Gulfport, MS
469 posts, read 2,556,352 times
Reputation: 496
Randomly flipping through the latest issue of Clarion-Ledger (Jackson MS metro area) finds me--

-- A 2-story, 3 bedroom, 2 and a half bath for $293,000
-- A 4-bedroom, 2 and a half bath for $310,000
-- A 3-bedroom, 2 bath with a carriage house and hardwood floors, $259,000

You can buy a damn nice house for $100,000-300,000 range in the Jackson area. Heck, you can buy a perfectly respectable one for $70,000 or so.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > General U.S.
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top