[quote=bearishgurl][quote=ocrenter]4S and SEH is perfect for middle class families that put good schools on top of their list. $400-$600K range is what 4S/SEH homes should be at. Essentially, we are looking at folks that make around combined $125k range.
If you are in brackets over that, it isn’t your cup of tea.
The problem of course is the bubble pushed the prices beyond the $600k barrier even though the houses remained in that $400-$600k quality. Especially the north side where the houses are even more tightly packed in as the builders hurried to jam in homes as the bubble was ready to pop.[/quote]
ocrenter, is $400-$600K currently what the average listing price range is in 4S and SEH? And if a typical lot in this price range is only, say, 3800 sf, what size is the house, can a mid-size car fit in the driveway w/o hanging over the sidewalk and what would be its typical list price of today?[/quote]
To answer your question BG, I bolded the answer in OC’s comment.
The houses are NOT in that price range – they got pushed up by the bubble and didn’t return to what they should have.
