Wow, it really amazes me how much home prices and property tax varies with location in the USA. I don't think I could afford to live in CA.
A few years ago, I had a small 3BR ranch in Jersey and at that time I saw that prices and property taxes were considerably lower in AZ. So I moved the family out to the Tucson area where we bought a larger home for less money and lower property taxes.
Since then, home prices have been jumping here due to many Californians figuring out it was a better deal. Last year was a boom year and the price of our home has now just about doubled since we bought it. Timing is everything in life, as in real estate. And sometimes, if you hang in there long enough, you get lucky.
Albert, I'll give you three times what you paid for your house (four times if you leave your system)... What do you say?!?
A few years ago, I had a small 3BR ranch in Jersey and at that time I saw that prices and property taxes were considerably lower in AZ. So I moved the family out to the Tucson area where we bought a larger home for less money and lower property taxes.
Since then, home prices have been jumping here due to many Californians figuring out it was a better deal. Last year was a boom year and the price of our home has now just about doubled since we bought it. Timing is everything in life, as in real estate. And sometimes, if you hang in there long enough, you get lucky.
Albert, I'll give you three times what you paid for your house (four times if you leave your system)... What do you say?!?