[Hammerhead]

"I think standard rule of thumb is don't get into a mortgage more than twice your income."


BWAHAHAHAHAHAH!!!!....then you're living in a sleeping bag on top of a steam grate here in DC!

For example: an 1100 sq ft. single family ranch built in the 50s will get you about $350K here.

So basicall I have to make $175K a year???


Please.

[I still care]

Please to me too. I come from Long Island, the prices are about the same. A starter two bedroom house is over $300.

But incomes here are high also, compared to the rest of the country. Both of us worked, and I rented out a room. I hated it, but the worst is to get into a mortgage you can't afford - especially if one of you becomes disabled, like happened to us. That rental saved our tail.

[dakine]

I am buying a 2400 sq ft home outside DC, reappraised at 235,000 when refinanced past July...Don't know where you get your figures, except really close into DC, and no way I'd live there...