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Real Estate
Reply to "Are we the only family in the DMV who is priced out?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are priced out but at a lower HHI and downpayment. The stuff we want to buy but can't afford (SFHs in Silver Spring IB for Blair or Einstein, for instance) you could afford. But you are probably looking elsewhere. We always want what we can't have. You and I could both afford homes in PG county or EotR in DC, but we don't want them. It's all relative.[/quote] You can afford a home in MoCo. [/quote] OP can but we (PP) increasingly cannot -- we have an HHI of 150k and maybe 180k for a downpayment (depends what our condo would sell for). We'd like to think we can afford MoCo but when we look at the numbers on even houses at the very bottom of the range (around 500k) it's super tight even with a decent downpayment because of rates.[/quote]
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