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Old 08-21-2011, 07:53 PM
 
Location: Seattle, WA
389 posts, read 797,151 times
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states-no-one-buys-new-home-247: Personal Finance News from Yahoo! Finance

West Virginia is listed at number two.
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Old 08-21-2011, 09:18 PM
 
10,147 posts, read 15,044,974 times
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Maybe number two, but in our state of small towns there are definitely exceptions. As you know, that is not the case in Morgantown.
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Old 08-22-2011, 12:57 AM
 
Location: Vladivostok Russia
1,229 posts, read 859,352 times
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Quote:
Originally Posted by drs72 View Post

Heh.....I really see no reason to be worried. West Virginia has some of the most beautiful old housing stock in this whole country. Anyone who truly appreciates fine craftsmanship and pre-turn-of-the-century/turn-of-the-century architecture would find West Virginia to be a national treasure.

I purchased a super fine 1897 Victorian in Martinsburg a few months back....and there is not an architect through out the whole landsraad that could design me a finer home than I just purchased....

Honestly folks.....Toll Bros developments full of cookie-cutter tract homes and small McMansions with granite/siltstone counter tops, stainless-steel appliances, lam flooring and rounded corners ala sheet rock --- all equals junk/garbage. West Virginia don't need em'.....and should be proud of the second place finish. It's a badge of honor if you ask me....
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Old 08-22-2011, 05:46 AM
 
10,147 posts, read 15,044,974 times
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Quote:
Originally Posted by At-Chilles View Post
Heh.....I really see no reason to be worried. West Virginia has some of the most beautiful old housing stock in this whole country. Anyone who truly appreciates fine craftsmanship and pre-turn-of-the-century/turn-of-the-century architecture would find West Virginia to be a national treasure.

I purchased a super fine 1897 Victorian in Martinsburg a few months back....and there is not an architect through out the whole landsraad that could design me a finer home than I just purchased....

Honestly folks.....Toll Bros developments full of cookie-cutter tract homes and small McMansions with granite/siltstone counter tops, stainless-steel appliances, lam flooring and rounded corners ala sheet rock --- all equals junk/garbage. West Virginia don't need em'.....and should be proud of the second place finish. It's a badge of honor if you ask me....
Martinsburg and Wheeling are absolutely loaded with such treasures. Hopefully Wheeling's economy continues to build to the point where some of theirs can be saved.
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Old 08-22-2011, 08:42 AM
 
6,347 posts, read 9,876,572 times
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Quote:
Originally Posted by At-Chilles View Post
Heh.....I really see no reason to be worried. West Virginia has some of the most beautiful old housing stock in this whole country. Anyone who truly appreciates fine craftsmanship and pre-turn-of-the-century/turn-of-the-century architecture would find West Virginia to be a national treasure.

I purchased a super fine 1897 Victorian in Martinsburg a few months back....and there is not an architect through out the whole landsraad that could design me a finer home than I just purchased....

Honestly folks.....Toll Bros developments full of cookie-cutter tract homes and small McMansions with granite/siltstone counter tops, stainless-steel appliances, lam flooring and rounded corners ala sheet rock --- all equals junk/garbage. West Virginia don't need em'.....and should be proud of the second place finish. It's a badge of honor if you ask me....
I agree. It is about quantity instead of quality these days. They don't build houses like they used to.
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Old 08-22-2011, 08:45 AM
 
10,147 posts, read 15,044,974 times
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You got that right. In place of stately brick that lasts for centuries, we have glue and sawdust frame with plastic siding that you don't want to accidentally brush with a weed wacker. Today's construction techniques are a travesty.
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Old 08-22-2011, 10:26 AM
 
Location: Eastern WV Panhandle
385 posts, read 615,268 times
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Quote:
Originally Posted by At-Chilles View Post
Honestly folks.....Toll Bros developments full of cookie-cutter tract homes and small McMansions with granite/siltstone counter tops, stainless-steel appliances, lam flooring and rounded corners ala sheet rock --- all equals junk/garbage. West Virginia don't need em'.....and should be proud of the second place finish. It's a badge of honor if you ask me....
No arguments here. My mother-in-law bought one of those new TH's in northern VA, except Pulte was the developer. I can't believe the corners that were cut. Her front door was an interior-grade door so it had to be replaced within a few years, the area around the windows wasn't caulked properly so there's water damage (major $$$ to repair this), leaky basement, cracks in the foundation, etc. She wasn't the only one with problems, and her subdivision eventually had to threaten to sue the developer to get things that should never have passed inspection fixed.

That said, the banks are sitting on anywhere from 2-5 years worth of "shadow inventory" right now, depending on which "expert" you think is credible. In that sort of a market I wouldn't expect a whole lot of building permits to get pulled.
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Old 08-22-2011, 12:05 PM
 
6,347 posts, read 9,876,572 times
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Quote:
Originally Posted by CTMountaineer View Post
You got that right. In place of stately brick that lasts for centuries, we have glue and sawdust frame with plastic siding that you don't want to accidentally brush with a weed wacker. Today's construction techniques are a travesty.
Also all the houses look the same these days. Go to an old neighborhood and every house was designed independently by an architect. .
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Old 08-23-2011, 11:04 AM
 
4,714 posts, read 13,314,623 times
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A robust housing industry is the key to economic plenty and has been the prosperity catalist for this country since WW-2.
Millions of jobs go into the materials and contents of new homes.

Our country is suffering because of the unemployment related to this one industry.

For 18 years I struggled in this industry managing my own company.
In June of this year I realized the damage from Washington was too great and closed our doors.

It was the wise thing to do.

I feel that it will be at least 4/5 years before this nation can recover.
I was not willing to take that much loss.

Wv has lost over 3,000 building contractors....far too many for such a very small state.
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Old 08-23-2011, 03:29 PM
 
6,347 posts, read 9,876,572 times
Reputation: 1794
Quote:
Originally Posted by David Kennedy View Post
A robust housing industry is the key to economic plenty and has been the prosperity catalist for this country since WW-2.
Millions of jobs go into the materials and contents of new homes.

Our country is suffering because of the unemployment related to this one industry.

For 18 years I struggled in this industry managing my own company.
In June of this year I realized the damage from Washington was too great and closed our doors.

It was the wise thing to do.

I feel that it will be at least 4/5 years before this nation can recover.
I was not willing to take that much loss.

Wv has lost over 3,000 building contractors....far too many for such a very small state.
Just curious, what were the policies that really hurt developers?
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