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I poked around to see what sort of new/newer construction starter homes are available out on the edges of the Triangle now. I'm seeing new construction that is larger, has stainless steel appliances, granite countertops, and is only marginally more once I adjust to 2019 dollars, as my first starter home in the early 90s. That home had cheap countertops, boring white appliances, and the interest rates were double what they are now. I'm not sure I'm buying this whole "homes are too expensive now" argument.
I poked around to see what sort of new/newer construction starter homes are available out on the edges of the Triangle now. I'm seeing new construction that is larger, has stainless steel appliances, granite countertops, and is only marginally more once I adjust to 2019 dollars, as my first starter home in the early 90s. That home had cheap countertops, boring white appliances, and the interest rates were double what they are now. I'm not sure I'm buying this whole "homes are too expensive now" argument.
Another great point.A $300,000 house is not expensive at all in my opinion.What one considers expensive but is relative.It seems like a good majority of people in the Triangle area,consider a $300,000 starting point for a home purchase/carrying costs expensive.Is that also because salaries are not accommodating those moving/living there?
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