> A friend bought a gigantic McMansion out by Concord for $600K
Can't do that anymore. Everything in Concord is over a million now. Same with Lexington & Carlisle. Bedford still has a few in the $600K range (our next-door neighbors bought their house for $615K, and the house across the street sold for $630K), but the bulk of the houses here are over a million too.
I'm amazed by the home price appreciation here. When I was a kid, in elementary & middle school, a cheap house was $60K, a pretty decent one was $200K, and you were rich if you had one that cost $400K. Now, $400K is the minimum to get anything in town, a decent house is $600K, and a McMansion is about $1.3M.
I can't till the housing market reverts to normal prices and all the people who drove it up get shredded. Manhattan has been slow to come around, but when it does, I'm expecting pure beauty.
Can't do that anymore. Everything in Concord is over a million now. Same with Lexington & Carlisle. Bedford still has a few in the $600K range (our next-door neighbors bought their house for $615K, and the house across the street sold for $630K), but the bulk of the houses here are over a million too.
I'm amazed by the home price appreciation here. When I was a kid, in elementary & middle school, a cheap house was $60K, a pretty decent one was $200K, and you were rich if you had one that cost $400K. Now, $400K is the minimum to get anything in town, a decent house is $600K, and a McMansion is about $1.3M.