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Old 10-24-2019, 11:09 AM   #583
crash n' burn
Zilvia Junkie
 
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Join Date: Sep 2012
Location: Colorado
Age: 35
Posts: 543
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Quote:
Originally Posted by spooled240 View Post
Meanwhile in CA..
Gonna scope out CO in December as a possible exit strategy out of this depressing state.

Full up, sorry.

But for real, there is a major deficit in homes right now; so sooner rather than later. Renters know this and are price gouging like CRAZY. In the Springs, it's cheaper to buy than rent and only gets worse the further north towards Denver you get. I live in one of the hottest zip codes for real estate in the country right now and in a very desirable area; listings were averaging 72-96hrs on the market this past summer.

I lucked out on our house. Closed @ $265K, Market Value of of $315K in 15mo of ownership . House needs a new paint scheme and bathroom updates but should be able to eek out $350K without much effort. Established neighborhood, circa late 90's. 2975sqft, 3bd/2.5ba, master suite with 2-car garage.
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