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Reply to "When were people in the DC area able to afford their first house?"
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[quote=Anonymous]Age 27. I spent the time from when I graduated college at 22 until 27 saving up my downpayment of $40K plus closing costs. I purchased a less expensive SFH ($140K) in an area of the region that most people on DCUM would never buy in, PG County. I bought in 1995 all by myself, pre-marriage. I sold in 2008 for $315K. The profits from that house allowed us to put more than 20% down on the house we are now raising our family in.[/quote]
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