Reply to Are we the only family in the DMV who is priced out?

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[quote=Anonymous][quote=Anonymous]It’s interesting that OP claims to be priced out but hasn’t given any criteria other than “single family home”.

OP - what are you looking for? Bedrooms/baths, square footage, yard space, etc? You can absolutely afford homes in Kingstowne, south Alexandria, Hayfield, Springfield, Burke, Kings Park, Fairfax Station, Fairfax City. Can you afford a 4Bedroom in Vienna or Arlington, no, but you absolutely have options. All the neighborhoods above have SFH for under $1M, and with your down payment and income you should be able to afford a $700K mortgage. The house may not be updated, but not updated doesn’t make it a year down.[/quote]

Some of these areas I have familiar with and have looked at but haven't found homes that don't need a ton of work yet. Prices are coming down on these types of homes in some of those areas, so I'm hopeful we will find something in the next year. Others I hadn't been too, so I will look into those, too. NoVa does seem to have more options that DC and MD for people at our income level with the downpayment that we have.[/quote]

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