Thread: Housing costs
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Edwin Pawlowski
 
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"Art" wrote in message
nk.net...
I visited my in-laws in Ocala, Florida and couldn't believe how much new
house you got for the money compared to central North Carolina. As an
example, my parents in NC live in a 1 story townhome that is probably 1500
sq feet and cost them $200k. In Ocala you get a nicer built individual
house, made to resist substantial storms, almost 50% bigger for about $150k
with swimming pool.



One of my co-workers is looking for a house in Florida. In some areas, the
price of housing it going up at 30% a year. One house was sold for $170,000
15 months ago. It had $5,000 in improvements and just sold for $238,000.
Nice profit. Supply and demand at work.