| As stated in title. What is your HHI and what did you pay for your single family house? Also what year? Renter curious what people spend to buy a single family. (No condos or townhomes). |
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HHI 650k, bought our house in 2019 for 1.3
Million, it’s worth around 1.95 now. Interest rate 2.65%. We are in McLean, to provide context. |
| Paid $950K in 2024 with 20% down so mortgage is $750K or so. HHI $700-800K. $6K PITI due to 7% interest rate despite mortgage principal being under our annual HHI : ) |
| This isn’t a good enough metric. You need to know their income, net worth and their down payment when they bought. |
| We paid $550k ten years ago when our hhi was $140k. It’s now close to $1m, but instead of moving we pay for private school. So far, it’s the best of both worlds. |
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970K with 350 down, 6.5%
HHI is a little more than 450K NW is 1.8 (upward trajectory with growth all in the past 12 years, last 5 pretty rapidly) |
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We paid 750k for our house in Feb of 2025. HHI is about 275k.
This was a downsize for us, we sold a house for 1.25M and put a significant amount of the appreciation that was in that house into the new house. (We bought that house, the one we just sold, for 705k in 2012.) |
| HHI 975k SFH 5M 2015 2.25% |
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Everyone on this site has a HHI of $500k–$1mil?
lol |
| We paid $2.5m in 2024. HHI at the time was about $1.5m |
| $275k in 1996. HHI was around $120k at the time. |
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HHI: 325,000
Paid 540,000 for house in 2017 Refinanced during COVID to 3% |
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Paid $170,000 in 2003. Our HHI was $80,000 at the time. House now worth about $400,000. Our HHI was $240,000 for a few years, but now back closer to $100,000 with some job shifts. Net worth about 1.5 million.
See, we aren’t all one percenters (or even five percenters)! |
Now wait until you learn most of them are single-earner households too |
Generally there are to people who own SFHs in this area: high earning people in their 30s and government workers 50+ who bought when a now $1.4 million home when it was $200k. |