Man, I saw houses in Portland that were smaller than 900 sq ft, did not have central AC, no appliances, and had water damage and wires ripped from the walls above $200k. That’s not the case in all markets, but it is for a great many. Get on Zillow and start looking around as if you were in the market. Ask yourself if you’d be willing to offer some of these asking prices.
AstralWeekends
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Joined 1 year ago
Cake day: June 12th, 2023
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I just bought a house in the eastern part of the Midwest in the US. The tax assessment in 2021 for the house was about 193k. In 2023, it’s 275k. That is a 30% increase in 2 years. During those 2 years, nobody lived in the house, and no improvements were made in that time. Neat! My mortgage is still about the same as my rent for a 2br apartment in Oregon earlier this year. I suspect the Midwest is about to start hating Oregonians as much as Oregonians hate Californians soon!
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