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Mar 23, 2014 7:33AM
The design of neighborhoods and housing as well as the different values on cleanliness, organization and  manners and courtesy makes many or most neighbors undesirable.
Dec 25, 2013 8:36AM
i live 10 mins from beach, walk to river, 1k yr taxes on  2 acres. look around it's out there.
Nov 23, 2013 2:01AM
I grow up partly in Washington D.C when I was very, very young in the ghettos of 3rd street tenements before all those nice expensive brown stones were built. Back then 3rd street was filled with Afro Americans, They were called blacks and other derogatory names back then. there was a large communal kitchen for all the apartments, bathrooms down the hall from the apartment, and rats  large enough to eat the dogs and cats. It was a hell hole on earth. Urine, vomit, and and alcohol socked hall ways. Pimps and prostitutes on every block near the park.Even as child I swore if I ever got out of there I would never go back or live near D.C. I haven't. Be very careful what you expose your children too in life. It will haunt them for a life time. Washington D.C the capital of our nation, only if you have money and don't get caught in the wrong area after dark.
Jan 20, 2013 4:29PM
I'm pretty surprised at the number of posters here thinking 250k is an obscene price for a house now.  In suburban Mpls where I live, you can't find a new house that cheap.  They are all $300k and up for anything worth buying.  You could probably get a condo or small townhouse for 250k though.

Nov 14, 2012 8:12AM
in California you can't even get a house for that price..
Nov 14, 2012 8:06AM
Its no pleasure reading those utopian postings by MSN when average home prices are 89k in my neighborhood. Anyone knows where I could go to get a windfall.
Nov 14, 2012 7:59AM
Only $250,000?! Let me get right on that - in my next life.
Nov 14, 2012 7:47AM
i'm retired after 43 years of teaching.  between new jersey's property taxes( the highest in the nation) 7%  sales tax, and food costs, housing costs, i can't afford to stay here.  i have 4 bedrooms, 2 baths, on an acre with an in ground pool, and i pay over $5000 A YEAR PROPERTY TAXES!   when we move, we'll be looking at houses up to to $275,000.   in NJ, houses are more than that, retirement villages START at 300,000. 
Nov 14, 2012 6:04AM
Most of these look like nice houses, but the fact remains that people generally buy houses that they can afford and that are in the area where they work, if they are lucky enough to still have a job.  The only people that have the flexibility to live anywhere in the country are the comfortably retired, and how many of those are there anymore?  On top of that, I don't believe most families in the country can afford a $250K house.  So, what is the point of this article unless it is just to make people want things they can't have?
Nov 14, 2012 5:36AM

As some have already said just what % of Americans can afford these. The media is out of their minds and trying to take the rest of us with them. What a bunch of BS

Nov 14, 2012 5:06AM
The bubble has created an environment of no one knowing whether they are on foot or horseback.  Every difficult to value real estate.  One neighbor of mine asked 225,000 and received 217,000.  Another with a bigger and better home asked 232,000 and received 208,000.  These are 1/2 acre lots in an above average neighborhood.  What miffs me, actually infuriates me, is that no one was jailed for the 2008 debacle.  Poxs on the Bushes and Chenys too.  Because of 2008 economic collapse, I will never vote republican again, I don't care if the Democrats run a dumb gorilla.
Nov 14, 2012 4:47AM

Slide 8 - St. Louis


How many people would want to live in a house that looks like that?

Nov 14, 2012 4:45AM
Nov 14, 2012 4:35AM
what percent of families in the USA make the money to afford a $ 250,000 house. Non of the people I hang with can
Nov 14, 2012 4:25AM

It actually depend on where  you live.  I live in the Washington DC Metro area  and townhouses are starting at more than $250K.   

Nov 14, 2012 4:04AM
I saw the title of this article and laughed my **** off. $250k for a new house, big whoop, wheres the $75k new houses? The $100k new houses even? You know, something people can actually afford so they can get excited about it. $250k hah! Like this is even article worthy.
Nov 14, 2012 3:56AM
Gee, thanks msn.   That will help, as soon as I get a quarter million dollars.  Next, can you write an article for the OVERWHELMING MAJORITY of Americans?.. something in the $100k-$150K range?
Nov 14, 2012 3:45AM

Median isn't an average.  It's the value at which half of the values are higher and half are lower.  In most cases, the median value will be higher than the average, though that depends on what kind of values you're looking at.  There are a lot of new houses priced over $250k, and new houses under $250k generally go down to only around $150k.  Most houses under $150k are not new.  So it's no surprise that $250k is the median value of a new house, especially when this is taking into account houses all across the country and not just those in one part of the country.  Houses in your area may be lower priced, but higher priced houses somewhere else will raise the median value when you're looking at the entire country's median values.  If you want to consider the median value of all houses for sale, then that would probably be a little under $200k.


As with many things, sometimes you're better off buying used rather than new because you can get the same thing for less.  The only real downside is that you might have to do major repairs that much sooner.  A new house probably won't need a roof for 20 years, but a 10-year old house will probably need a roof in 10 years.  Depending on how long you plan to live in the house, you might end up saving money by buying new, or it could be the other way around.  You should always consider that before making a purchase.


These look like decent enough houses, but I'd like to see examples that aren't plopped right on top of the neighbor's house.  I prefer having at least 2 acres without being able to reach out my window and shake hands with the person in the next house over.


Anyhow, the article is just making a point that housing prices are still dropping.  That's good for buyers, but not for sellers.

Nov 14, 2012 3:40AM

By these numbers, it sounds like the midwest stands to gain some new residents.  In South Bend, as well as most of Indiana, you can get 2000+ S.F. 4 bdrm, 2 bath with garage and basement for under $200K, and a yard to boot.  Why people place so much value on city living I will never know.  In less than 3 hours, our family can be sitting down with peanuts at a Cubs game, in one hour we can be dipping in Lake Michigan, and in 4 hours we can be spending our inheritance at Disneyworld

Nov 14, 2012 3:27AM
My 4 bedroom, 1-1/2 bath, 2400 sq ft, on 1/2 acre and attached garage was $280,000 a few years ago.  Today the market value is $137,000.  That's a lot of equity to lose in a house.  So a median price today is $250K?  Some one is smoking crack.
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