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Real estate prices, starting to rise again ？.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ （ Tears ）.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1371
  • いいな
  • 2020/10/24 (Sat) 16:25
  • Report

You and your wife are exempt from taxes up to $500,000, so #1369 you made $400,000. That's a big amount of money, like winning the lottery, and you have nearly a half-million dollars profit from buying a house.
I envy those who bought a few years ago.
There are still many people in the same or similar situation as #1368.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1372
  • 経験
  • 2020/10/24 (Sat) 16:38
  • Report

↑ It's not that easy. I've paid my mortgage （, mainly interest ）, taxes, insurance, repairs, and all sorts of expenses. I have to deduct that. But it's better than I was renting.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1373

#1372
I understand. The reality is that owning a home is surprisingly expensive.
After living in a house for 10 years, it is very common that some part of the house needs to be repaired.
It is expensive to have Americans do repairs.
Yard maintenance (gardeners, etc.), refrigerators, washing machines, etc., bought privately, break down within 15-20 years, and are replaced again.
Alarm installation, Garage remote setting, etc.... Alarms, Garage remote settings, etc., etc., etc., etc., etc., etc., etc., etc.
And if you move and sell, it will cost a fortune to make the house look nice (if you live there for 20 years), like putting new flooring in the kitchen, new carpets or all flooring. I think they will hire a professional to clean the house.
Effort and cost to sell.
So, we are contemplating whether to not sell and pass the house on to our children or rent it out ？
We are contemplating various options. Our hope is to live in an apartment or condo where we can live together as a couple in our old age.
My husband seems to want to sell it.
I sigh when I think of the hassle and expense involved.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1374
  • いいな
  • 2020/10/24 (Sat) 22:17
  • Report

But even with rents, you're throwing away $ 3,000 or $ 4,000 every month, so I think you still made $400,000 ！.

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#1375
  • 仙人
  • 2020/10/25 (Sun) 00:09
  • Report

On average, prices have doubled from 2012 to 2020.
The better areas are more expensive, but
which at one point dropped about 20% due to the Lehman Brothers collapse, has been rising ever since.　So those who own real estate are benefiting
from it.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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