Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

Home prices


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 07-16-2008, 11:01 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,679
Rep Power: 10
Steve has disabled reputation
Default Home prices

How have the home prices been in your area?

I found this statistic to be amazing and wanted to share it with you.

At housing’s bottom, many will be priced out - The traditional benchmark is that housing costs shouldn't exceed 28 percent of a household's gross monthly income.

Strikingly, in nearly half of the 40 major metro areas studied, households earning 120 percent of the median income fell short of the affordability benchmark.


We seem to still have a long way to go before we hit a bottom. If it is even to be reached!

What's your view on this?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


Reply With Quote
  #2  
Old 07-16-2008, 06:53 PM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 7
musician/lawnman is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Times are hard, though I kinda wish I didn't own a home right now. It is the time to buy here. & for a little more than I spent in 03 (before the big market spike) I could be in nearly twice the house now. I just know I won't be able to sell the one I own now & don't want to deal with renting it & tenants & eviction notices, paying 2 mortgages etc.

People are going to have to expand out of the metro areas. It's a natural thing. From the begining... along the beaches & rivers were valued land due to the water access back then that's how goods were moved. cities built around these areas. Now the cities are where the jobs are yes, but there are more people on the planet & in the country thus the land is worth even more as it's now in short supply. People can't live in each others laps. So if you wanna be there you pay $$$$$ big. As people move in & really populate rural areas little towns become bigger cities & their property value goes up too. It's not gonna stop anytime soon... buy a peice of the rock now, it'll be worth more tommorow (metaphorically speaking... it might be a year or 2)
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:

  #3  
Old 07-16-2008, 08:55 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,679
Rep Power: 10
Steve has disabled reputation
Default

Very interesting! Have you gotten a chance to meet any people in your area that are involved with real estate investing? Buying, fixing up and selling or holding on and renting?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply With Quote
  #4  
Old 07-16-2008, 09:31 PM
musician/lawnman's Avatar
musician/lawnman musician/lawnman is offline
Chuck
 
Join Date: Feb 2008
Location: South West Florida
Posts: 919
Rep Power: 7
musician/lawnman is on a distinguished road
Default

no not really, if you had the money it's a good time to buy & hold em here. It's selling & renting that will put you in the poor house or insane asylum around here. Talk about loosing your butt.
__________________
AAA QUALITY CLEAN CUT, LLC.
LAWN CARE & LANDSCAPING
Visit us here:

  #5  
Old 07-17-2008, 02:16 AM
UniversityLandscapers
Guest
 
Posts: n/a
Default

I am definitely a believer in the fact that property will appreciate over time, since people are still making the move from rural to urban, and the population is growing. That being said, if you live in a rapidly declining city (i.e. Detroit) where supply far outpaces demand, values will drop.

Here in Vancouver, the average detached home price is $921,000 according to the most recent figure I could find. Our last assessment came in at $1.8 million for a 2,000ish sq ft house on a 62' x 122' lot in a fairly upscale, but not overly opulent neighbourhood...(this is my parents house, not mine...I'm 20). That was a 23% increase from last year for no apparent reason. They even appreciated the value of our buildings, which we made no improvements to...I don't know how that works, since technically any asset other than land is supposed to depreciate over time unless you make some sort of improvement or investment to it...but hey, this is Vancouver, where a fairly average house is worth $1.8 million, so I guess it's never really going to make sense.

As a point of reference, I believe the house was purchased somewhere in the $300K range in 1988.
Reply With Quote
  #6  
Old 07-17-2008, 08:35 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,679
Rep Power: 10
Steve has disabled reputation
Default

Those are some big figures. I forgot how the US dollar translates to the Canadian dollar at the moment.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #7  
Old 07-17-2008, 10:10 PM
UniversityLandscapers
Guest
 
Posts: n/a
Default

It's roughly par...Vancouver is just out of control when it comes to the real estate market. A studio condo downtown in a high rise is about the only thing you can get for less than $500K...once you actually have a bedroom, you start going up and up.
Reply With Quote
  #8  
Old 07-18-2008, 09:49 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,679
Rep Power: 10
Steve has disabled reputation
Default

WOW!
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #9  
Old 07-19-2008, 02:46 PM
UniversityLandscapers
Guest
 
Posts: n/a
Default

Ya, it's a bit of an issue. I'd like to live in Vancouver when I graduate college, but it's hard to do without throwing money out the window on a rental apartment until you can muster up enough for a down payment on a condo, since you can't afford to buy a house these days until you're 35 or 40 if you have an amazing job...

The government just banned no down payment mortgages and 40 year amortization too...which is kind of a pain, but I guess they want to avoid the whole "mortgage meltdown" that's been happening in the US.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hourly Prices? and Acre Prices? Paradise Lawn and Pool General Business Discussions 0 03-10-2008 10:02 AM
Home prices? Steve General Talk 0 01-19-2008 09:47 PM
winter prices FourSeasons General Talk 10 01-03-2008 06:23 PM
Home prices Steve General Talk 0 09-19-2007 06:08 AM
Raising prices. Steve Lawn Maintenance / Lawn Renovation 6 05-09-2006 08:41 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Hello from Md
homey
Yesterday 06:55 PM
Yesterday 06:55 PM
by homey
0 39
Repair or replace the...
lxarth
Yesterday 05:07 PM
Yesterday 06:08 PM
by Sprinkler Buddy
1 62
what do you "love" to...
calebmoss
07-06-2011 10:05 PM
Yesterday 05:09 PM
by Chilehead
28 8,852
Employee job training...
brookline
12-15-2014 08:15 PM
Yesterday 04:59 PM
by Chilehead
3 160
What Fertilizer to Use?
acrajchel
04-07-2014 02:56 PM
Yesterday 01:11 PM
by Steve
23 2,883
I'm BACK!
SuperiorPower
12-16-2014 11:08 PM
Yesterday 01:09 PM
by Steve
1 82
Grass hopper mower
ExtremeLawncareServices
12-05-2013 09:51 AM
Yesterday 09:40 AM
by SuperiorPower
34 6,022
Peco Bagger
AGPS
11-18-2014 02:20 PM
Yesterday 09:13 AM
by SuperiorPower
15 1,227
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
12-15-2014 10:30 PM
by ExtremeLawncareServices
188 16,398
New to Gopher Haul-from...
323k13l
12-12-2014 10:34 PM
12-15-2014 02:58 PM
by Steve
3 226
hi
creteland
12-12-2014 09:06 AM
12-15-2014 01:45 PM
by Steve
5 227
New addition to my small...
googus
12-12-2014 07:36 PM
12-15-2014 07:47 AM
by googus
4 292
Ferris IS700Z
rmccutchan
12-14-2014 01:10 AM
12-14-2014 11:41 PM
by rmccutchan
4 204
Charge what the market...
Billy Goat
12-09-2014 12:39 PM
12-14-2014 06:39 PM
by biglee
20 723
Hi from IL
steveinil
11-25-2014 02:07 PM
12-12-2014 07:18 AM
by steveinil
4 742
Utility Company Right of...
eastsidelandcare
12-11-2014 04:54 PM
12-11-2014 04:54 PM
by eastsidelandcare
0 218
leaf removal
Double J LLC
10-03-2014 05:24 PM
12-11-2014 04:50 PM
by eastsidelandcare
33 3,958
suggestions on full lawn...
Brian3137
12-10-2014 07:18 PM
12-11-2014 03:41 PM
by Steve
6 320
new to me box truck
jrayb39667
03-06-2014 11:20 PM
12-11-2014 09:43 AM
by Sprinkler Buddy
18 3,276
Hello from SW FL!!
5StarLawnscaping
12-05-2014 02:35 PM
12-10-2014 02:45 PM
by WesleySnips
7 558
Echo pb200 blower fuel...
googus
12-06-2014 09:03 PM
12-09-2014 06:35 PM
by Steve
3 401
Facebook
element009
03-23-2011 09:36 AM
12-09-2014 06:24 PM
by Steve
36 9,709
Are you prepared for the...
Steve
12-02-2014 04:13 PM
12-09-2014 06:22 PM
by Steve
7 819
Email Address Name
Just Cuts
12-07-2014 09:49 PM
12-08-2014 03:15 PM
by Steve
3 365
Inspection form
stevef1201
12-07-2014 10:38 AM
12-08-2014 03:10 PM
by Steve
1 363
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
12-08-2014 12:37 PM
by jrs.landscaping
108 34,057
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
12-07-2014 06:35 PM
by stevef1201
24 1,622
Innovation by mandate
bayoubandit
11-29-2014 01:33 PM
12-06-2014 03:27 PM
by SGL1
12 885
Trying something new,...
ExtremeLawncareServices
09-21-2014 10:07 PM
12-05-2014 11:06 AM
by Steve
9 2,190
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
12-04-2014 01:32 PM
by stevef1201
15 1,364
How many hours is too...
Just Cuts
12-04-2014 09:00 AM
12-04-2014 01:02 PM
by Just for Cuts
6 530
Does this sound like a...
googus
12-03-2014 07:47 AM
12-04-2014 12:37 PM
by Steve
5 605
New website
Chilehead
11-20-2014 04:39 PM
12-04-2014 12:27 PM
by Steve
14 1,146
New website
SGL1
12-02-2014 10:55 PM
12-03-2014 11:17 PM
by BLC7
19 778
Websites, how long...
Dan Tanner
03-09-2014 08:29 AM
12-03-2014 11:12 PM
by SGL1
21 3,144
I Want to buy old...
ExtremeLawncareServices
10-10-2014 11:04 PM
12-03-2014 10:36 PM
by ExtremeLawncareServices
8 1,795
GPS trackers for...
Billy Goat
12-02-2014 06:09 PM
12-03-2014 07:17 PM
by Steve
8 632
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
12-03-2014 06:31 PM
by SGL1
17 1,356
Hiring Subs over Temps
Billy Goat
12-02-2014 06:26 AM
12-03-2014 01:24 PM
by Steve
3 564
Thanksgiving cards
Steve
11-10-2008 11:57 AM
12-02-2014 11:11 PM
by SGL1
11 9,429
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
12-02-2014 02:17 PM
by jrs.landscaping
12 1,409
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
12-02-2014 08:47 AM
by SGL1
6 1,430
old contracts
bayoubandit
11-29-2014 11:10 AM
12-01-2014 11:20 AM
by Steve
3 651
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
12-01-2014 10:54 AM
by Steve
9 1,194
Lawn care truck
Steve
10-10-2009 03:40 AM
12-01-2014 10:45 AM
by Steve
32 15,095
Intuit Quickbooks...
CDLAWNCARE
11-30-2014 10:19 AM
11-30-2014 10:19 AM
by CDLAWNCARE
0 544
Say Hello !!!
Steve
03-19-2007 12:18 PM
11-28-2014 01:36 PM
by Just Cuts
1,196 355,316
Hello from Kentucky
TRV
09-30-2014 06:42 PM
11-28-2014 10:49 AM
by Steve
13 2,234
Happy Thanksgiving!
Steve
11-27-2014 09:48 AM
11-27-2014 09:48 AM
by Steve
0 600
Contract or no contract?
TRV
11-20-2014 09:18 PM
11-26-2014 09:23 PM
by stevef1201
5 951
» Popular Tags
4wd apartment bid apartment lawn care estimate applying bark bid bob villa care commercial decorating deliquentaccounts demonstration ditches edging employee problems estimate ferris first truck four wheel drive gopherhaul hardscapes hills hiring how much to charge how to hydraulic installation introduction landscape services lawn lawn care lawn care busines plan lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo managing a lawn care business mulch mulch price past due patio install per hour charge per hour service podcast reo scag v-ride scripts shell snow snow plowing sprayer starting a business starting a lawn care business start up lawn care business steve sulky toro tractor auger trailer mate pro tree truck new used landscape turfgrass consulting up sell employee walk behind won't return wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:02 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 10:02 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy