s/o How old are you? What kind of house do you live in?

[Anonymous]

We are both 38, bought a 3BR/2BA in Arlington in 2000. Smartest thing we ever did - couldn't afford it today. We added on a year ago - now 4BR/3BA. Not lawyers - we work for govt and nonprofit.

[Anonymous]

Anonymous wrote:We are both 38, bought a 3BR/2BA in Arlington in 2000. Smartest thing we ever did - couldn't afford it today. We added on a year ago - now 4BR/3BA. Not lawyers - we work for govt and nonprofit.

so jealous. You really came out on top in the real estate game! If only...

[Anonymous]

We are 37 and 46. We have a new construction home in N. Arlington, price was one and a half million, but we put 800 down....partial savings, partial [/b]sale of a prior home we bought in 2000 (thank you). We are forrtunate that family paid for undergrad but we paid for grad with loans and made some smart investment choices (with significant doownsides).

[Anonymous]

33 and 30. We rent a big one bedroom in Logan Circle for $1900 (was $1750 for the last 5 years, but the owners just remembered they haven't raised our rent in a while), and have been saving for a house down payment. We are just now house-hunting, and think we'll buy something small for the next few years in a "upcoming" neighborhood, then will sell and buy something bigger when we have to care about schools.

[Anonymous]

Buy low, sell high! Basic, basic, basic finance 101.

Finance 102: never divulge your REAL financial info to prying people.

[Anonymous]

This thread makes me feel sad.
I just turned 27, I rent a small apt.

[Anonymous]

Anonymous wrote:This thread makes me feel sad.
I just turned 27, I rent a small apt.

Huh? So do a lot of people at 27! And even older. I don't get this keeping up with the Jones mentality, but anyway, you are young. When I was 27 I was a poor grad student renting a very small room. That is probably the norm for most people.

[Anonymous]

thanks pp

[Anonymous]

20:43 - me too! PP, it won't take long until you graduate and move forward!

[Anonymous]

Bump

[Anonymous]

39 and 41 (DH). Live in an old rowhome in DC that we bought for mid-600’s a few years ago. Also own two one-bedroom condos on the red line that we rent out.

[Anonymous]

Anonymous wrote:We are in our mid 30's with two school-aged children. We live in a 4 bdrm. colonial in Arlington. We are getting ready to do a pretty substantial addition.

Prior to that, DH bought a townhouse in Arlington at age 27 which we sold in 2005 (to have the money to buy our current house).

We are not lawyers and have never received any type of financial assistance (after graduating from undergrad) from our parents. So, you don't have to be "Biglaw" or have a trust fund to make it in this town. DH has a really good job, we send our children to a great public school, and we live within our means.

OK. But you bought, presumably, several years before 2005. Which is something younger people in this town couldn't have done, and now breaking into the market is a completely, wildly different thing.

[Anonymous]

Anonymous wrote:We're 38 and 40. Own second SFH, first one smaller and further out, sold in 2003. We have dogs so we never went the condo or townhouse route.

This, but mid 40's. Our first was a tiny single house.

[Anonymous]

35 and 40 and we rent a nice 4 bedroom house zoned for an excellent school pyramid in Bethesda for a steal ($2,500). We're lucky to have found it. We could have bought a house already, but then we would be paying PMI like most people we know, and we don't want to do that. As things stand we'll buy a house for about $800K in about a year or two. We are actually hoping to leave DC for my work and buy sooner/cheaper/better.

[Anonymous]

37 8000 sf sfh in DC

(No family money.)