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To: TroutStalker
"The couple's monthly payments were $650 in the first year, but rose in the third year to $1,100, including higher-than-expected property taxes."

....same thing is going on in the Baltimore-Washington area...with the price of raw land going for $45,000/acre builders say they can't afford to build starter homes, so they're going upscale....consequently couples barely afford their new home....BUT...with the growth of new housing sub divisions comes the building of new schools.....and building new schools are driving our property taxes ever upward so up goes the house note....my property taxes a month are more than the entire PITI on the first home I ever bought...

Good luck to everybody!
Stonewalls
35 posted on 09/10/2002 6:41:11 PM PDT by STONEWALLS
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To: STONEWALLS
building new schools are driving our property taxes ever upward so up goes the house note....

Tell me about it. They project 37 mores schools needed in the next 10 years in my property tax area. I'm in a very growing area since it is still kinda affordable.

53 posted on 09/11/2002 4:56:35 AM PDT by technochick99
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