Housing prices still skyrocketing
Sep. 2nd, 2004 01:57 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
dreamaastridThe latest numbers are out:
DC metro area homes have increased in value 70.94% in the past 5 years, 15.43% in the past year
Baltimore metro area homes have increased in value 55.83% in the past 5 years, 15.61% in the past year
http://moneycentral.msn.com/content/Banking/Homebuyingguide/P85324.asp
In fact one house in our neighborhood that sold for $249,000 in 2000 just was listed for $419,000 a few weeks ago.... jeez...
DC metro area homes have increased in value 70.94% in the past 5 years, 15.43% in the past year
Baltimore metro area homes have increased in value 55.83% in the past 5 years, 15.61% in the past year
http://moneycentral.msn.com/content/Banking/Homebuyingguide/P85324.asp
In fact one house in our neighborhood that sold for $249,000 in 2000 just was listed for $419,000 a few weeks ago.... jeez...
no subject
Date: 2004-09-02 11:32 am (UTC)no subject
Date: 2004-09-02 11:36 am (UTC)However, this also means that we can shortly get a nice home equity deal and put new siding and a new roof on the house.
We were just looking at the housing prices last night... Damn scary, almost.
I'm just glad we bought when we did. There are townhouses in our area that are selling for more than we bought our house for now.