Real Estate Values - Are They Starting To Stabilize Or Even Slide Up There?

[Wingspan]

I was browsing through Realtor.com for houses in the Abington, Cheltenham, Jenkintown and whose house do I come across but my Aunt Helen's.  She hasn't lived there in like 30 years but I recognized it immediately.

She lived in Wyndmoor for years and this is her house:

Pretty damned reasonable, actually.

Reasonable?

actually, it is. especially for that lot size.

unless the bedroom dimensions are 8x8...totally reasonable.

[Rome]

She lived in Wyndmoor for years and this is her house:

Pretty damned reasonable, actually.

1,205 sq ft for $244k?  HAHAHA  Reasonable, my ass.

That would be reasonable for Wyndmoor at this point, my man.

Well, unless you were planning on moving to North Philly, say around Broad & Chew?

   

[PoopyfaceMcGee]

That would be reasonable for Wyndmoor at this point, my man.

That's my point, douchenozzle.  What's currently "reasonable" for that area is not very reasonable.

[Rome]

douchenozzle

Weak.

[PhillyPhanInDC]

A buddy of mine just sold his (maybe) 1200 sq ft condo for about 400K in Springfield, VA.  farging DC suburbs are ridiculous.

They are a farging joke. Some fargface realtor was trying to convince me and my wife that some glorified row-home in Old Town Fairfax was worth 750k. Fortunately, my company is moving me to a site down in Fredericksburg, so we can actually afford to buy something, unfortunately, it's even farther from Philly.

The one upside is, with the impending doom facing the taterskins maybe enough of the fans in this shteinhole will off themselves to make the market go on a bender.....

[Feva]

If that's reasonable to you... come buy my house.  It's 4 BR, 2.5B... 2,350 sq ft... and because you're my boy, you can get in it for a deal.  Say $650K?  I'll even pay closing costs.   

I'll give you $15 for it, as long as you still pay the closing costs.

If by $15, you mean $650K... sold.

[PoopyfaceMcGee]

If by $650k, you mean $3.50, sold.

[rjs246]

I'll let the two of you split the rest of my peanut butter sammich if you'll shut the farg up.

[PoopyfaceMcGee]

Why don't you put your DVD player inside it and feed it to the dog?

[Feva]

Then feed the remote to the dogs your sorry ass will no doubt be dogsitting this weekend.

[PhillyPhreak54]

All I know is that I was looking at houses up here and they are expensive as hell compared to what they were in Texas. When the time comes for me to buy a house it won't be in Chester County and maybe I'll even move back down south.

Hell, even rent is expensive up here. I was looking at apartments and was shocked at the prices of them. This one place that is a bona fide hellhole was $900 a month.

I had 3 different apartments in Texas. The most exepnsive one was in Austin and it was a 4 bedroom joint and almost brand new and we got it for $900 a month.

Me and my girl paid $500 for a 2 bedroom 2 bathroom place in Huntsville. And my other place I padi $585 for and it was a 2 bedroom.

Then we rented a 3 year old house that had 3 bedrooms, 2.5 baths, 2 car garage and a bunch of other shtein and it was only $725 a month.

Up here a 3 bedroom house goes for like $1500.

[Geowhizzer]

2 Bedroom in Naples can go over $1,000.  That is, if you can find one.  Many of the apartment complexes, including the one I lived in (2 bedrooms at $700 per month in 1995), are going condo.  When you can get $300,000+ for a condo, I guess I can't blame them.

Freaking ridiculous.

[Geowhizzer]

Here's a good one:

"Napoli Luxury Condominium"

Plus:  Furnished.

Minus:  When they say, "minutes" from the Gulf, forget walking.  It's across THE main road in Naples, a six-lane highway (Rt. 41).
Minue:  $1800 per month.  Rent.

I love when they mention that it has air conditioning.  Better darn well have A/C in Southwest Florida.

[Diomedes]

So Mrs. Dio and I are gonna buy a house. 

Very exciting, I know, thanks for your good wishes.

But I have no fargin' idea what I'm doing, so I'm going to bank everything on the advice you fools offer me, and I couldn't find a more appropriate thread than this one.

First question...when looking at listings I have seen the following line a few times, and I don't know what it means. 

"Buyer to provide financials."

[Diomedes]

Here's another one:

"Listing Broker To Hold Deposit."

wtf is this shtein??