Similar prices here. My shabby shack could go for a mil but even if I sell and buy something else, it won’t be any better/bigger of a home. So I just sit on it .
But I’d take living in Canada any day over living anywhere else
@FreeorLonely Why? We did when the kids left and the multiple levels became too much for my wife's mobility problems. Bought something smaller for nearly a third of what we sold the other one for, and it is now worth one and a half times what we sold the original for.
@FreeorLonely Everything is relative. The days when I could buy my first home for $23,500 with no down payment are gone, along with the Veteran's no down payment "low" interest rate of 7.5% and my $500/mo salary as well. But we found a way to make the mortgage payments.
And I know the people who bought it from me for $800,000 couldn't keep up the payments and had to flip it. But it allowed me to downsize to my current one, which cost me $300,000 with none of the financial struggles of that first one. And it's market price currently is $1.5 million. Location, location, location still remains the bottom line in real estate.
