Are you sure that's Illinois? Where is Chicago? Lake Michigan?
Michigan might not be a bad bet. We’ve seized control of state government and things are turning around slowly.
We just need conservatives to keep the momentum going.
I feel a bit “BLUE” looking for a common theme?
Hmm. These states have something in common. Could it be overwhelming, stifling, sickening and destructive liberalism?
Nah. Got to be Bush’s fault, somehow. Or the Tea Party. Or Rick Perry.
The problem with all ten states listed is that they simply aren’t creating jobs, period. You’d think they’d be enticing international companies to come in and give them great deals to create jobs out of thin air (like both Tennessee and Alabama do)....but they can’t. My prediction over the rest of this decade is that most of these lose population and by 2020....they lose more representative power. In essence, they are creating a negative electoral college situation over the next ten years for themselves.
Without new construction, the value of exisiting homes is enhanced. People have to live somewhere.
Where’s California? Did it already fall off the face of the map?
you mean that fdr’s—obama’s fascism does not work?
A friend in upstate NY says many, many old, vacant, small family farms are for sale below dirt cheap, but no one is buying because the property and school taxes are astoundingly high.
He told me about places where the annual property and school taxes are 50% of the asking price.
The Atlanta metro has a smattering of new home construction — mostly where it’s a really good location. Probably mostly single home, higher end. Just a few mid-range spec homes.
Our house just appraised for $14,000 less than what we paid for it in 1997.
Trouble is they have to look at comparable SALES. The homes that have sold were sold at bargain prices.
At least we’re more than 60% paid for.
Well here in PA we were sold a bill of goods on casinos - supposed to see our property taxes go down. Good luck with that.
I own a home in Florida and one is PA. Florida home appraised at about 4 times the PA home. Property and school taxes in Florida total 1/2 what they do in PA - and I don’t mean 1/2 of the appraisal - I mean 1/2 the size of the total check I write.
Business and regulatory taxes and fees here just kill us. Worker Comp runs about 1.6% of payroll. Its no wonder that the state can’t attract (and keep) businesses here. Although banking seems to prosper as does any form of government and welfare worker.
Are you sure that's Illinois? Where is Chicago? Lake Michigan?
Everyone of those states has unbelievably high property taxes and no jobs.Go figure
Washington
My home has been under water and still dropping in value each year since 2008. Went down anoter 24,000 this year. Thankfully we don’t plan on selling and we have a fixed payment.
Given the tenuous employment environment, I cannot see why anybody would purchase a home now. Traditionally one has needed to stay in a home for more than five years to make paying the closing costs worthwhile. Then, should one need to move for employment, one must be able to sell the home. These days that is much easier said than done.
Housing prices here in Rochester, NY did not rise as fast as the “big bubble” areas. They did not fall as much easier. As a distance runner, my training runs currently range from 5 to 15 miles and take me past several attractive, moderately priced homes that are for sale. I have run past these same homes all spring and summer and the homes just don’t seem to be selling. I suppose that one could really drop the price to get them to move, but I suspect few owners could afford to do so.