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Real estate - seriously thinking about buying up
Prices of newer homes are crazy cheap nowadays. McMansions not too far from me were selling for >$1M a few years ago. Now they can be had for <$600k. I'm talking five year old, 4000 sq ft homes in our great school district with no HOA. With the rates being so low, I think I can get into one of them for just a few hundred more a month than what I'm paying for my 27 y/o pad that needs work. Might tempting.
Are there real estate bargains in your neck of the woods? I'm meeting with an agent this Thursday. I won't know until then if I should pass on this opportunity.
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