|
09-15-2008, 04:41 PM
|
|
Revelation 1:8
|
|
Join Date: Apr 2007
Location: Johnstown, PA
1,837 posts, read 1,118,619 times
Reputation: 1058
|
|
NEWS: Johnstown Housing Value Up .. Bucking the Trend
|
|
09-15-2008, 07:05 PM
|
|
Senior Member
|
|
Join Date: Apr 2007
Location: Midtown Harrisburg
867 posts, read 924,481 times
Reputation: 220
|
|
Quote:
Originally Posted by mams1559
|
Actually, the housing market in all of PA is doing much better then the rest of the country because there was never a huge run-up in prices. PA is still quite affordable compared to the rest of the East coast. In the Harrisburg area prices only recently dropped about 1-2%, and predictions are that prices will continue to hold pretty much steady. |
|
09-15-2008, 08:32 PM
|
|
Revelation 1:8
|
|
Join Date: Apr 2007
Location: Johnstown, PA
1,837 posts, read 1,118,619 times
Reputation: 1058
|
|
|
I understand that and appreciate your comment. However, while the rest of the states MSAs saw decline, even slight, such as Scranton's -0.5% ... Johnstown's MSA saw a 4% increase.. no decline whatsoever. I think that's a positive for this area. We don't see the boom and bust, but we do see steady increase year after year.
|
|
09-16-2008, 11:57 PM
|
|
I'm the only hell my mama ever raised
|
|
Join Date: Aug 2006
Location: A few miles from Lake Michigan
647 posts, read 823,341 times
Reputation: 570
|
|
The prices there are/were so low, could they do anything *except* go up??  |
|
09-17-2008, 10:02 AM
|
|
Revelation 1:8
|
|
Join Date: Apr 2007
Location: Johnstown, PA
1,837 posts, read 1,118,619 times
Reputation: 1058
|
|
A home that several years ago cost $150,000 has gained approx. 4% value every year since purchase. Same with a home that cost $50,000. So I don't know what point you're trying to make  |
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
