How's That Recovery Comin?

[Antitrust32]

Originally Posted by dalakhani

Too high still. Everything is going up but wages. Until we return to an arc where home prices are 3-4 times wages, home prices are too high.

keep in mind, this is a national average and real estate is local. In many areas, especially areas like yours where there is so much vacation and rental property, I think prices are extremely LOW. I think many people are going to look back ten years from now and wished they had bought RIGHT NOW in some of these areas.

i agree with all of this, and yes, Florida is the place to buy right now. you can get a real nice 3 bedroom/ 2 bath place with a half acre of land for like 85 grand around here.