Showing posts with label NC. Show all posts
Showing posts with label NC. Show all posts

Monday, November 19, 2007

Comparisons

You may have noticed (and then again, you may not have) that I didn't post on Friday. You see, I usually write my posts the night before or even earlier. That way, I can pull it up the next morning, proof, edit, and publish it--while the kids are actually talking to me and tattling on their siblings.

Well, on Thursday night, I got to the computer rather late. I was tired and couldn't think of anything to write about (for those who know me, I'm telling the truth--really). It bugged me that I couldn't come up with one unique thing. As I lay in bed, I had a fantastic topic for a post. I thought about getting up to write it down so I wouldn't forget, but it was so good that I knew I'd remember the next day. (You can see where this is going now.) I woke up the next morning with a blank. Erased. Nada. Gone.

It bothered me all day, almost to the point of distraction. No matter what I did, my writer's block was crippling. You know how not making a decision is really making one not to act? It annoys me when people do that, but I was guilty. My inaction at creating a post was really a decision not to write one on Friday. The idea never resurfaced.

So here I sit. In front of an almost blank page. Considering that I haven't said one stitch about real estate yet, none of my prior words on this post count. Ugh!

I received a comment on my last post asking how we get along after losing so much money and whether or not my husband is looking for a job. I will be addressing these questions tomorrow.

I thought it would be fun (for lack of a better word) to compare what $400,000 would buy around the country. Rent amounts are estimates only, based on current listings.

Dallas, Texas (75218)--3,434 square feet, built in 2007, rent $2,500 (remember the high taxes)


Raleigh, North Carolina (27614)--3,450 square feet, built in 2001, 1/4 acre, rent $1,900


Seattle, Washington (98136)--1,520 square feet, built in 1931, rent $1,500 (This is one of the few areas that is still appreciating.)

Denver, Colorado (80210)--2,264 square feet, built in 1954, rent $1,500

San Diego, California (92126)--1,321 square feet, built in 1999, rent $1,800

Boston, Massachusetts (02124)--1,736 square feet, built in 2002, rent $1,600


Taking PITI, HOA, PM fee, and appreciation rates into consideration, where would you buy?