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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 bought a 4 bedroom in Fairfax at half that income and down payment. It’s not my dream home- 50s ranch with a tiny kitchen, but I’m grateful every day for the space my kids have to play, our lovely yard and garden and patio, the good schools. Would I prefer a bigger kitchen and to not have to share a bathroom with teenagers? Sure. But this was a solid choice and feels like home. [/quote] Agreed, we purchased a house under asking 2 years ago with half that income and a smaller down payment. Our monthly mortgage is still less than what we were paying when renting. Is it perfect? No, but everything works and we have lots of plans to update. But for now, my kids are able to have their own rooms, we have half an acre for them to play on and are building a community in our neighborhood. [/quote] SMH at people on here trying to lecture OP about not whining when they got a 3% mortgage on 2022. That’s not OP’s situation so your anecdote doesn’t apply. She’s going to pay almost twice your mortgage for today’s interest rates. Home affordability is at an all time low, and your inapplicable personal stories don’t change this economic fact. [/quote]
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