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06-18-2008   #1 (permalink)
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Default American Suburbia

I've read in the yahoo news that Americans are leaving suburbia as the "American Dream of suburbia" disappears. Houses in suburbian neighborhoods (like my neighborhood) are up for sale like crazy. In my neighborhood, there's 5 houses for sale and my neighborhood isn't that big. Some of them are foreclosures and some aren't. I kinda feel bad. Where do you guys think the Americans are moving to? Another state? The other side of the USA? or....another country?
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06-18-2008   #2 (permalink)
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Probably an apartment? The mortgage crisis is really hitting suburban homeowners badly.
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06-18-2008   #3 (permalink)
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Are there really that many homes in the burbs for sale? I haven't seen any when I roll past on the SEPTA @_@;
 
06-18-2008   #4 (permalink)
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It depends on where you look. Here in AZ, there are alot of foreclosures and homes for sale. The market is bad, but people say that after this summer, basically after presidential elections...the market will be good again.
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06-18-2008   #5 (permalink)
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I'm in PA so... Maybe I just don't pay attention.
 
06-18-2008   #6 (permalink)
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California house prices are slowly falling, but they are still pretty high.

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06-19-2008   #7 (permalink)
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hmmm... well i live in the city and have no desire for suburban living. maybe that's just how this generation is?

that and high morgages and since gas prices rising commuting would be epic fail--

A condo in the city though really seems to be what people must be flocking to. where i live condos are coming up left and right downtown.
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06-19-2008   #8 (permalink)
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Where I live has always been a hotspot for real estate, and prices have only seem to have been going up here, including suburbia. Then again, a lot of richie-rich folk would love to dump as much cash to live here in some mansion in the hills, but at the same time there are quite a few homeless around here. Ah, well.
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06-19-2008   #9 (permalink)
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Yeah. But I did hear that after the presidential election, house prices will soar.
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06-19-2008   #10 (permalink)
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Lol, I hope not @_@;;; I hope the cost of living still stays...
 
06-20-2008   #11 (permalink)
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Eh more and more are still going up for sale here a some are foreclosure but the majority are families having to tighten up on the bank account and that means getting rid of that nice large home (what large homes there are in my area of the woods of Kentucky) and find more economically sufficient homes and apartments. But most home prices are a little lower then normal because no one can afford to give some of the prices that the Reality Companies are wanting.
 
06-22-2008   #12 (permalink)
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Yeah there are many homes on the market due to foreclosures. My parents are taking the foreclosures to their advantage, because they are looking to move to a bigger home this summer.
 

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