And in some areas, such as Southern California, it's not 2% or 3%. I am still amazed at LA housing prices. There are homes selling now for $400K that I wouldn't give $75K for here in central Illinois. If I wanted to live in a LA, I would have to double my current income. The weather is nice in LA, but not that nice..
I am still amazed at LA housing prices.
Yeah, I know. There are houses selling here in the Denton, Texas area (north of Fort Worth) for $115,000, that are bigger, newer and nicer than one I sold early this year in Northern California for $650,000.