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  1. #14501
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    47,767
    Quote Originally Posted by Ted Striker View Post
    Yeah, was thinking the same while looking through the pics. Ikea-style closet, rental house wall to wall carpet, spec-builder cabinetry, dated faux finish, busy mismatched patterns everywhere...





    Nouveau riche Bitcoin winners.

    The world is perfect. Appreciate the details.

  2. #14502
    Join Date
    Apr 2010
    Posts
    688
    The shower above the garage had a sculpture with a nice set of titles in there.

    Can damn near ski to your front door from 1A. That's what it's all about!!


    Sent from my SM-G998U1 using Tapatalk

  3. #14503
    Join Date
    Feb 2013
    Posts
    1,491
    Quote Originally Posted by concretejungle View Post
    Shit, there's people who can't afford the house they bought a couple of years ago at this point.
    We built our house for 210k 4 years ago(appraised at 250k then) and a new neighboring house with a crappy floor plan just sold for 455k. We did a bunch of work ourselves so didn't pay for a ton of labor but I would comfortably say our house has doubled from what we paid 4 years ago.

  4. #14504
    Join Date
    Dec 2016
    Posts
    2,168
    Not to be a dick but glad I wasn’t the only one poking holes in that 20MM place.

    ^200k of equity is a nice gain over the last few years. What’s whack is that some of us got that bump in the last 9 mos. it’s weird out there 🤙🏼

  5. #14505
    Join Date
    Sep 2020
    Posts
    438
    Quote Originally Posted by altasnob View Post
    Seattle fastest growing city in US in 2020. But the Bay Area has finally started to see its population decrease. I expect Seattle market to continue upwards until, like the Bay Area, it gets so expensive that finally people decide it aint worth it anymore.
    And where will all the Seattle people go?

    Spokane! (Tacoma is already full).


    BTW, gotta love Spokane's new marketing campaign. Definitely aimed to get the tech startup crowd.

    https://hackingwashington.com

    "welcome to the 12 minute commute"
    "work/life balance. we're so there"
    "attract talent without having to compete with the tech giant next door"
    Buyer beware: their campaign has exactly 1 photo of winter in Spokane. Gonna be some bummed out times for the "good vibes only" startup peeps when they hit their first snowy Spokane January. Even their Sprinters won't be able to cheer them up.

    It's a shitload better then their previous marketing campaign, #Spokompton

  6. #14506
    Join Date
    Oct 2011
    Location
    Aspen
    Posts
    1,534
    Quote Originally Posted by dunfree View Post
    At that price it’s gonna be gutted by the new owner anyways, right?
    For sure gutted. At 20y/o and that location it’s a prime option, especially with 1A getting “revitalized.”

    But it probably won’t get torn down, yet...

  7. #14507
    Join Date
    Aug 2006
    Posts
    7,049
    Fundamentals are strong, millennials buying in droves, lumber prices high, construction starts down.

    At least the ‘experts’ are at least saying wait now instead of buy buy buy!

    https://www.msn.com/en-us/money/real...ket/ar-AAKttGy

  8. #14508
    Join Date
    Mar 2005
    Location
    Dystopia
    Posts
    13,817
    I’m in for 900 7 years ago.
    200 more in reno on a fixer upper

    I’d like to cash out at three mill in this stupid market. But where do I go? Asheville is out of the question
    “Life has become immeasurably better since I have been forced to stop taking it seriously.”
    Hunter S. Thompson

  9. #14509
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,828
    Now this is a light fixture!

    Click image for larger version. 

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  10. #14510
    Join Date
    Aug 2006
    Posts
    7,049
    Bitchin’

  11. #14511
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    3,000
    House near me sold for $875k in June '20 and we thought it was too high. Back on the Market for $1.4mm. Nothing of substance done to the place n between.

  12. #14512
    Join Date
    Aug 2006
    Posts
    7,049
    My friend just got offered a gig in Hanover NH.

    Would cash out his place in Mass and have about 1/2 mill down, budget of just under 1 million. Realtor said we have nothing for you and unless you are willing to post up in a hotel for months (months!) or put sight unseen offers in all cash, there is nothing here for you, and no, there are no rentals for you either. Realtor just straight up wasn't even bothering to sell anymore.

    I wasn't in the game last crash but fuck the fundamentals, if doctor's can't buy a place for a million with 50% down in cow fucking hampshire things are unsustainable.
    Live Free or Die

  13. #14513
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    47,767
    That's pretty much always been the case in NH. I was contemplating a move there a decade ago but couldn't find shit.

    The world is perfect. Appreciate the details.

  14. #14514
    Join Date
    Dec 2003
    Location
    Nhampshire
    Posts
    6,376
    Quote Originally Posted by Benny Profane View Post
    That's pretty much always been the case in NH. I was contemplating a move there a decade ago but couldn't find shit.
    That realtor probably wasn't trying very hard as there's plenty of active not under contract - https://www.neren.com/search?sortOpt...tatusIn=Active

    That said - NH is super tight right now as anyone in Boston that didn't have to go to the office anymore seems to have moved here. Not to mention many other states (my new neighbor is from Maryland).
    Hanover is also incredibly desirable given it's a fantastic school system and has some meaningful "life" with it being an ivy college town with research hospital. That said, my understanding is that given there's a certain number of doctor and professor slots, inventory tends to be restricted to just around that number as few others in the area can afford stuff.

  15. #14515
    Join Date
    Aug 2016
    Posts
    3,064
    Quote Originally Posted by ötzi View Post
    House near me sold for $875k in June '20 and we thought it was too high. Back on the Market for $1.4mm. Nothing of substance done to the place n between.
    $1 million over list
    https://www.washingtonpost.com/busin...ist/?tid=ss_tw

  16. #14516
    Join Date
    Sep 2006
    Posts
    5,609
    Damn, slim pickings in Hanover.

    https://www.zillow.com/hanover-nh/houses/

    Doesn't look like there's much in the way of land nearby that can be turned into high density housing either.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  17. #14517
    Join Date
    Aug 2006
    Posts
    7,049
    Quote Originally Posted by schuss View Post
    That realtor probably wasn't trying very hard as there's plenty of active not under contract - https://www.neren.com/search?sortOpt...tatusIn=Active

    That said - NH is super tight right now as anyone in Boston that didn't have to go to the office anymore seems to have moved here. Not to mention many other states (my new neighbor is from Maryland).
    Hanover is also incredibly desirable given it's a fantastic school system and has some meaningful "life" with it being an ivy college town with research hospital. That said, my understanding is that given there's a certain number of doctor and professor slots, inventory tends to be restricted to just around that number as few others in the area can afford stuff.
    So buddy has ruled out condos so that's on him. But the 2 older 900k places have major issues that would put him over a million by a couple hundred grand (if you can find someone to do the work prior to 23 apparently) and that's why they are still active.

    The newest one for 779 just came on market and apparently has something like 80 showings lined up already and his realtor said expect it to sell for well over ask. He's one of the 80 showings.

    So basically if you want a house in Hanover NH you have 1 option right now, and literally everyone is fighting for that one option.

    I know Hanover is a desirable place in NH but I find it mind blowing that a doctor with a half million down is basically being told to pound sand. That 779k house was maybe mid 400's maybe a year ago. It is still NH, there are no fundamentals strong enough to justify that kind of market.
    Live Free or Die

  18. #14518
    Join Date
    Sep 2010
    Location
    Tejas
    Posts
    7,988
    ^^
    Dang. WTF?! Pretty soon even doctors are gonna be like...


  19. #14519
    Join Date
    Sep 2005
    Location
    PRB
    Posts
    26,088
    Quote Originally Posted by MontuckyFried View Post
    ^^
    Dang. WTF?! Pretty soon even doctors are gonna be like...

    Nah, man, they won't need to live in a van down by the river, they just need to get their Field of Dreams on.

    "fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
    "She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
    "I'd eat a bag of Dicks and wash it down with a Coke any day." - iceman

  20. #14520
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,828
    Quote Originally Posted by AdironRider View Post
    I know Hanover is a desirable place in NH but I find it mind blowing that a doctor with a half million down is basically being told to pound sand. That 779k house was maybe mid 400's maybe a year ago. It is still NH, there are no fundamentals strong enough to justify that kind of market.
    True cliche: all real estate is local.

  21. #14521
    Join Date
    Dec 2003
    Posts
    976
    There's always Woodstock: https://www.redfin.com/VT/Woodstock/.../home/91218228
    Plainfield has some cool old antiques: https://www.redfin.com/NH/Plainfield.../home/83516315
    I haven't been to the Windsor Diner in decades: https://www.redfin.com/VT/Windsor/29.../home/95135035
    Or, just buy the river, and park your van next to it: https://www.redfin.com/NH/MERIDEN/RO.../home/88202027

  22. #14522
    Join Date
    Dec 2020
    Posts
    123
    Try between St Johnsbury, VT and Hanover. Can definitely make it work.

  23. #14523
    Join Date
    Sep 2006
    Posts
    5,609
    I was always told that nurses and doctors can live anywhere. If that axiom turns out to be false, we are truly screwed.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  24. #14524
    Join Date
    Aug 2006
    Posts
    7,049
    St. Johnsbury is an hour away from Hanover on the best of days. I know my buddy spent decades in school to live in an old heroin hostel an hour away from the hospital he works at....

    Self imposed and real estate is local yeah sure, but my buddy is a sharp guy and did his homework past listings on zillow and its apparently a blood bath out there no matter how well off you are. I don't necessarily blame him for being turned off about living in a house that is shittier than his undergrad rental at UNH.

    He was pretty bummed none the less and is probably just going to keep his gig in Mass.
    Live Free or Die

  25. #14525
    Join Date
    Jun 2020
    Location
    in a freezer in Italy
    Posts
    3,000
    I mean, there's houses for pretty reasonable in Lebanon, it's right next to Hanover.

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