General Discussion
In reply to the discussion: In and around Greenville SC, developers are building apartment complexes everywhere. [View all]eleny
(46,166 posts)Several years ago I attended a city meeting for neighborhood watch volunteers. The city reps advised that they're approving more apartment complexes than condos because apartments are more in demand.
The Denver metro area is growing by leaps and bounds. Our area's housing market is wild. Recently, it took only four days for a house across the street from us to sell for over 450k. That pricing is hard to find these days. It's considered low for a home that's up to date inside. It sits on maybe .20 acre.
We've been here for over 40 years because we love our place. But we shake our heads at this market. The jump in real estate prices only means that our assessment has taken a leap. Luckily, because of our ages and that we've been here for over 20 years, we get a tax break. But there's no guarantee that this break will last forever.