The longer you wait, the more money the realty will be. I looked at a place 9 months ago and the asking price was 120,000. Just in 9 months time, the same exact place was on the market again and the asking and selling price was 135,000!
Realty prices are sky rocketing.
My income has not increased by 15,000 dollars in the past 9 months, so I just keep getting further and further behind and I fear (as does my realtor) that soon I will be outpriced out of getting anything at all.
Real Estate raises higher than the price of gas, percentage wise. So, if your not expecting a big increase in income, things won't look any better in a year. I just keep getting further and further out of the market and the places that are now in the same price range I was looking at before are dumps that you couldn't pay me to live in. All slummy apartments turned condo...in bad neighborhoods with lots of domestic violence, alcoholism, and police making daily visits.
-------------------- ~ Beth
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