I'm somewhat familiar with the area. It was a midpoint for our annual pilgrimage home. I also worked a bit West of there in Akron (lived in Kent) for a year. Except for Amish country, a rather depressing area. If you have a job, I suppose it's affordable.
Granted, many informational type articles may be outdated, but how about the comments of industry professionals e.,g. purchasing managers and builders associations? This information was published in April 2021 and both claim that the shortages continue.
And a letter from the National Association of Home Builders, written in April 2021.
And it's your belief/understanding that the only reason that the prices have skyrocketed is because the builders are greedy?
Are you willing to entertain the possibility that what is happening in your area is happening because people can afford to and are willing to pay the higher the cost of lumber and that the higher cost isn't due to greed but due to material shortages?
Money can often overcome even the most arduous obstacles, including lumber shortages. As long as buyers are willing to pay the higher cost, the builder can probably find a supplier. The builder may or may not make a higher profit, depending on their pricing model.
Well, this whole discussion was started with a description of a first-time buying couple submitting an offer that could max out at $425K, so yes.
My friends that just had a house built sold their old house to a first-time buying couple for a bit over $400K. (My friends bought the house about 6 years ago (before prices skyrocketed) and signed the build contract 2 weeks before Covid hit, so their timing worked out perfectly. Bought low, built low, sold high.)
According to Experian, as of 2019 the average age of a first-time homebuyer is 34. As in the case of my son and GF, a 34 YO could be well established in their careers and, coupled with low interest rates, can afford more of a house than perhaps you and I could - especially because we probably bought our first house at a younger age. I know I did.
Please *trim* your messages (everyone!). There seem to be dozens of long messages with one sentence appended, and it only takes a few seconds. I think would make the forum more enjoyable for everyone!
Ah...Akron. Home of Derby Downs. I know it well.
Yepper. 1981 housing boom-time ; an hour from Greater Toronto ; bidding wars and homes selling for more-than-ask .. a new thing. 16 1/2 % mortgage rates < no mis-print >
I, of course, signed a 1-year mortgage term - only to renew at 18 % < no mis print > In that 12 months, the mortgage game changed and I could sign for 3 months or variable. Some folks took advice from a well known Sun newspaper columnist named Garth - and took a longer term < at 18 % ! > - I went variable and renewed less than 2 years later at 12 1/2. .. the good ol' days. Eh. John T.
ps: $ 67,000
https://www.google.ca/maps/@43.9543469,-78.9685878,3a,75y,270h,90t/data=!3m6!1e1!3m4!1ss3zjFctVEc8dk9FHqR3A3w!2e0!7i13312!8i6656?hl=en I planted that honey locust. It backed onto endless farm fields then - endless homes now :-(
I was 30 but I couldn't have paid 3x what I did.
It takes a lot more than "a few seconds" to keep the attributions right. It *does* only take a few seconds to scroll. Trimming is nice but it's not as simple as you propose. IOW, stop whining.
+1
Due to sloppy trimming, I was recently ?credited? with saying something that somebody else posted. While I pointed out the error in my response, there?s no editing a previous post, so the error is a permanent part of the internet now.
Bought my house and closed in December 2018. They started at $230 but by the time we added the options it was $270 + the lot. The equivalent new model now starts in the low $300s, plus options.
Looks like the same house is about $70k more than three years ago. Seem to be selling well too.
There are about 300,000 people a year moving to Florida. Even at 3 to a household that is a lot pf houses or apartments. Building is crazy in this area
There is talk of a planned community about 10 miles from me with 7000 homes. That will have a population more than the town I moved from.
Yeah, all my neighbors were talking about that.
Yes, it is a depressed area. I drive 45 minutes to Robinson, PA to work (very close to the Pittsburgh airport). Most people that have a half-way decent job commute to Pittsburgh. It's a trade off that one must be willing to make.
Years ago, when I was still in school, my parents moved us here from Pittsburgh because my Step dad worked at the Nuclear power plant in Shippingport... it took his commute from an hour to 15 minutes. I can't justify leaving because I feel much more comfortable than I did in the city. Cost of living in PA is far greater, unfortunately.
Can't see how that's working, with plywood and studs 4 to 9 times as expensive today than 2019
As long as you don't need a good paying job you are fine!! (good place to retire or telecommute)
If you have time to post, you have time to do it right! Don't be a lazy <put your favorite vulgar noun here>.
It *does* only take a few seconds to scroll. Trimming is nice
+10
If trimming is as easy as you say, why did you blow it on the next line?
OK, so I'm confused as to who said what here. It looks like you said "It *does* only take a few seconds to scroll. Trimming is nice"
That's not correct is it?
Perhaps you should consider changing your Avast settings. Are you getting paid to advertise for them?
This really troubles you???
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