[quote=AN]Sorry BG, but I can’t go home for lunch when I have to drive 23 miles one way. I can do that when I have to drive 3.4 miles :-).[/quote]
Just brown bag it, instead. That’s what I did, even when I lived 1-3 miles from dtn SD :=]
I’m fooling with you, AN, because I really don’t think most young buyers think of their long-term true desires when making the biggest purchase of their lives. They often take the path of least resistance and overpay for a home on a tiny lot in *newer* suburbia/exurbia not realizing they may outgrow it quickly and may not be able to unload it without taking out of their pockets for selling costs (at the very least).
Not saying this is/was you, but when I hear suburbia/exurbia homeowners living on smallish lots in tract crackerboxes or mcmansions stating they want or need more room to spread out and did not purchase the type of property they really wanted and that room is now available for roughly $300-$400K for the first acre (addt’l acres far less) WITH a house and utils aready on it, how much better can this get? This is not TX or OK and these prices will not last forever. I’m not necessarily bullish but I think traditional or “equity sale” deals are currently bargained down due most of what’s currently on the market being distressed property. Obviously, those current “equity sale” sellers very much want to sell (retire?) and so do not have a “bubble mentality,” are realistic and will make a deal. They are out there.
