[sdrealtor]

FSD, he thought it was cheap when comparing comparable areas to Carlsbad. I.E Nice upper middle class areas with relatively good schools and within 10 minutes of the beach. He doesnt live in on of the uber wealthy areas. Where he lives is very comparable to Carlsbad w/o the weather and beaches of course. His 50 year old house with lots of problems and nothing spectacular about it is over $1M in South Orange, NJ. Check it out and you will see we are not talking west la.

[sdrealtor]

FSD, he thought it was cheap when comparing comparable areas to Carlsbad. I.E Nice upper middle class areas with relatively good schools and within 10 minutes of the beach. He doesnt live in on of the uber wealthy areas. Where he lives is very comparable to Carlsbad w/o the weather and beaches of course. His 50 year old house with lots of problems and nothing spectacular about it is over $1M in South Orange, NJ. Check it out and you will see we are not talking west la.

[sdrealtor]

NJ is not nearly as homogenous as SD County. Many of the places on that link to craigs list are far out in the boonies or in the big time hood. Look in nice areas and you will see similar pricing and higher in many cases. My comment was also pertaining to COL not just RE purchase prices. Think 25,000 tax bills on a 500K home in a great area. think $1,000 plus utlity bills. Think $4,000 car insurance bills.

I lived there for 30 years. You are in my wheelhouse right now. People from there for the most part cant imagine moving cross country for any reason as they are so ingrained there. Good jobs are also much easier to find and the amount of wealth there is mind boggling.

[sdrealtor]

NJ is not nearly as homogenous as SD County. Many of the places on that link to craigs list are far out in the boonies or in the big time hood. Look in nice areas and you will see similar pricing and higher in many cases. My comment was also pertaining to COL not just RE purchase prices. Think 25,000 tax bills on a 500K home in a great area. think $1,000 plus utlity bills. Think $4,000 car insurance bills.

I lived there for 30 years. You are in my wheelhouse right now. People from there for the most part cant imagine moving cross country for any reason as they are so ingrained there. Good jobs are also much easier to find and the amount of wealth there is mind boggling.

[sdrealtor]

Yes, each bank has a handful of Realtors that sell their REO’s. I have a few friends that do it. It is a very tough job as they also become property managers.

[sdrealtor]

Yes, each bank has a handful of Realtors that sell their REO’s. I have a few friends that do it. It is a very tough job as they also become property managers.

[sdrealtor]

North Jersey is just as expensive as out here when you factor in all the costs of living. The fact that they didnt come speaks more to their attachment to living there and the widespread availability of good high paying jobs with top corporations than it does to the cost of living here.IMHO

BTW, a good friend of mine living in North NJ that’s a C level exec with a small public company ($150M market cap) came out to visit me last summer with his family. He thought it was cheap out here.

[sdrealtor]

North Jersey is just as expensive as out here when you factor in all the costs of living. The fact that they didnt come speaks more to their attachment to living there and the widespread availability of good high paying jobs with top corporations than it does to the cost of living here.IMHO

BTW, a good friend of mine living in North NJ that’s a C level exec with a small public company ($150M market cap) came out to visit me last summer with his family. He thought it was cheap out here.

[sdrealtor]

startingout,
i feel as you do and it is the primary reason i got involved in RE to begin with. I spend several hours a day with my kids and wouldnt trade that for anything. I have built my life around being able to spend time with my family. If that is your goal, it’s possible to do both if you are willing to take the time (It took us about 7 years to figure it all out) and effort to make it happen.

[sdrealtor]

startingout,
i feel as you do and it is the primary reason i got involved in RE to begin with. I spend several hours a day with my kids and wouldnt trade that for anything. I have built my life around being able to spend time with my family. If that is your goal, it’s possible to do both if you are willing to take the time (It took us about 7 years to figure it all out) and effort to make it happen.

[sdrealtor]

temecula guy,
Great point about being the same as taking out a 2nd and investing it in the stock market.

Recordsclerk,
With substantial equity it is easy open a HELOC for a couple hundred grand credit line at NO COST and NO ANNUAL FEE with you regular bank.

[sdrealtor]

temecula guy,
Great point about being the same as taking out a 2nd and investing it in the stock market.

Recordsclerk,
With substantial equity it is easy open a HELOC for a couple hundred grand credit line at NO COST and NO ANNUAL FEE with you regular bank.

[sdrealtor]

I guess all the people making big bucks hang out around here while everyone else is stuck at the median income level;)

[sdrealtor]

I guess all the people making big bucks hang out around here while everyone else is stuck at the median income level;)

[sdrealtor]

hawk,
Thats a nice career. I have plenty of miserable attorney friends. The happiest one I know is a judge in SD and he works a few days a week. Its pretty cushy and he loves be the Honorable XXXX.

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