Tuesday, July 29, 2008

Want to get depressed?

Then check these out.

Sure, single-family home sales are off, so if you're trying to sell with a $200,000 profit you probably won't get away with it anymore. But mostly this left me astonished: in a world where almost no town had a median home price under $300,000 -- unless you want to live in Fitchburg, Lawrence, Fall River, or towns I've never even heard of, like Bernardston or Clarksburg -- is there any hope for the 20-something generation to own a home? Their own, standalone home, with its own yard, no condo fee, a driveway and more than one bedroom?