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Some houses just aren't worth the money (looking in Northwest)

In the area we were searching for a house in, we really wanted to live there. But the housing prices are really inflated right now. Almost made a bid on a few homes. But now I realize these housing prices are way too inflated and don't reflect the actual value of the house. I don't want to pay half a million dollars for what is basically a converted mobile home. I visited the area briefly and looked at houses. I saw the neighbors of these homes for sale getting overly excited about their house prices going up. They'd come out to the yard and tell me ten other people had looked at the same house that day. Most of the homes were badly in need of repairs. I can buy a much nicer home where I live now for the same price AND in a good school district. Now I need to re examine why or if I should move.

So I am going to take time off or maybe stay put where I am for a long time.

submitted by /u/FrostyLandscape
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/px8hgf/some_houses_just_arent_worth_the_money_looking_in/
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