topic Re: average/median fico scores should be dropping... in General Credit Topics

average/median fico scores should be dropping...

Anonymous — Thu, 05 Jul 2007 20:10:05 GMT

glad i bought a cheap, old fixer-upper!

http://realestate.aol.com/article/investing/_a/foreclosure-zip-codes-foreclosures-drift/20070629155409990001

Re: average/median fico scores should be dropping...

Anonymous — Mon, 09 Jul 2007 21:08:45 GMT

Here's an entry level place near me.

http://www.windermere.com/lid18115880

The school district is great, and if I can find something in the 1200 sf range for under $400K, I'm hoping to get into it.

Re: average/median fico scores should be dropping...

fused — Mon, 09 Jul 2007 21:17:11 GMT

Average price of a home in Hawaii 680K. So what might you get for this price:

1300sqft living space

4750sqft lot

1 car carport

house built in the 50's or 60's

termite and cockroach infested

needs major renovations

plumbing and wiring needs to be redone

crowded neighborhood with lots of crime, gangs and drugs

oh and the highest property taxes in the universe

Re: average/median fico scores should be dropping...

Anonymous — Mon, 09 Jul 2007 21:19:00 GMT

I love where I live in NC, Im going to be able to build and nice brick, 3000sf home on my 3.5 acres with a creek for $300K

Re: average/median fico scores should be dropping...

MidnightVoice — Mon, 09 Jul 2007 21:19:31 GMT

400K in the Midwest would get you a mansion

Re: average/median fico scores should be dropping...

smallfry — Mon, 09 Jul 2007 21:28:18 GMT

@Anonymous wrote:
I love where I live in NC, Im going to be able to build and nice brick, 3000sf home on my 3.5 acres with a creek for $300K

What area of NC if I might ask?

Re: average/median fico scores should be dropping...

Anonymous — Mon, 09 Jul 2007 21:35:59 GMT

Foothills, we'll say 40-50 miles west of Char.

Re: average/median fico scores should be dropping...

Anonymous — Mon, 09 Jul 2007 21:49:51 GMT

When I lived in Burlington (NC), price of real estate was extremely affordable.

Just looked and I saw a new home for sale on Yahoo Real Estate in Gibsonville (which had a really good reputation for it's school district).

3 bedroom, 2 bath, garage, new construction on almost an acre for $142K.

Message Edited by Noah_Bodie on 07-09-2007 02:49 PM

Re: average/median fico scores should be dropping...

Anonymous — Mon, 09 Jul 2007 21:50:23 GMT

400k where i live, would buy the entire county that i live in!

Re: average/median fico scores should be dropping...

fused — Tue, 10 Jul 2007 15:21:10 GMT

dog wrote:
400k where i live, would buy the entire county that i live in!

Do you live in DKNJ or DKNY?

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 18:59:28 GMT

What part of NC do you live in if you dont mind me asking. I am in NC as well. I live on the OBX area

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:20:30 GMT

Please stop, It's making me sick to my stomach. I live in the greater Boston area and a run down shack with roaches and rats and mold still goes for over $200,000.

Whenever my wife and I watch Flip this House or House Hunter's I start crying and keep saying we need to move.

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:21:31 GMT

MidnightVoice wrote:
400K in the Midwest would get you a mansion

Yeah I live in Missouri and currently eyeing a house that is about 250K. 5 Bedrooms

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:29:04 GMT

monro411 wrote:

MidnightVoice wrote:
400K in the Midwest would get you a mansion

Yeah I live in Missouri and currently eyeing a house that is about 250K. 5 Bedrooms

Yup it's official I just threw up!!!!!!!!!!

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:34:06 GMT

wow..."eyeing a house that is about 250K. 5 Bedrooms"

I live in NJ. Houses around here got crazy expensive recently. for $250K, you can't even get a 2 Bedroom Condo in my neighborhood.

And if you go down the highway towards Princeton, forget about it. Houses are sickkk!!!

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:34:32 GMT

Last year I saw a 550sf condo for $289K.

I've seen 700sf bungalows on 1/10 acre lots for $700K around the Puget Sound.

Next to DS's elementary school, a builder took a 1/3 acre lot and divided it up into four 1/12 acre lots. Built 4 very nice homes with a lot of amenities, 3 stories, 2 car garage (so the first level is very smallish), around 2200sf each (very big place for most families), with a Lake-ish view. Sits right on a moderately busy intersection with bus and car traffic, and there's a railroad bridge (that does get train traffic) within maybe 150 yards. Price? $1.4 million each. Two sold before they were built, and I think the other two are now sold.

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:35:59 GMT

I'm in Connecticut... The house we are building ourselves 6 bedrooms 2.5 bath and a den at cost is $322k plan appraisal is $640k...

So far no mortgage. But will be borrowing to finish end of Aug.

Wish I was in the mid-atlantic region. We're thinking of finishing our project, living for a couple of years and seling out to move by the water.

Rob

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:37:05 GMT

Irvin wrote:
wow..."eyeing a house that is about 250K. 5 Bedrooms"

I live in NJ. Houses around here got crazy expensive recently. for $250K, you can't even get a 2 Bedroom Condo in my neighborhood.

And if you go down the highway towards Princeton, forget about it. Houses are sickkk!!!

My sister in law lives in Floraham Park NJ and the prices in that whole, Madison, Chatham, Summit , Florham Prk area are absolutely insane. Beautiful neighborhoods though.

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:41:39 GMT

The houses here on the OBX are like that in price but catch this they dont live in them yr round they rent them out by the week and get like 1500.00 and up just for one week. and boy do some of them get left trashed inside. Some are only rented during the summer and closed up the rest of the year. Some are rented yr round but only by the week. We have one down here that goes for about 3000.00 wk and up.

Re: average/median fico scores should be dropping...

Anonymous — Tue, 10 Jul 2007 19:57:07 GMT

This is what

$349,000 buys you in Missouri.