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House prices in USA, the gasolin price
House prices in USA, the gasolin price
In Danish television we for some years have had a serial, where different houses are shown, and then 2 couple of estate agents (and the viewers) have to guess, what the selling price has been for the house. We like to see the program and try to guess the prices. Normally it's houses in DK, but in this week they were in Florida. It was so interesting, and I was very surprised. I thought the house prices in Florida were higher than in DK, but they wasn't. We both saw an apartment and a house with a pool in Orlando, and the price was 50-75 percent lower than it would have been in DK. Later on we saw a very, very big and special villa in Sarasota to a very high price. But I don't know any similar villa here, so I cannot compare the price.
But you know I'm curious, so I have a question: Is the price level in Orlando higher ore lower than in other parts of USA?
BTW, the gasoline price in DK has for a while been very high, but now it's cheaper again.
Only about 7,3 dollar for a gallon!!
But you know I'm curious, so I have a question: Is the price level in Orlando higher ore lower than in other parts of USA?
BTW, the gasoline price in DK has for a while been very high, but now it's cheaper again.
Only about 7,3 dollar for a gallon!!
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Kathyzhere
- Posts: 527
- Joined: Thu Dec 27, 2007 5:04 pm
- Location: Cape Cod & SW FL
Hi Linne,
We have a show similar here in the states called "what you get for the money". It's pretty interesting how different parts of the US will get you more or less for the same amount of money.
Anyway, as far as the state of Florida goes; the city of Orlando would be a lower priced area for real estate and wages. Sarasota is a higher priced area and I may add a very nice, upscale area! Siesta Key beach is one of the nicest on the gulfcoast of the state. The sand there is just like powder!
All in all the real estate prices in the state especially my SW FLA area have gone way down. Homes that were in the $400,00-$500,000 range are now offered in the $200,000-$300,000 range. Florida is generally speaking in a real estate slump for now due to taxes, insurance rates and the economy. I'm sure other areas of the US are "in the same boat" so to speak.
Just 2 years ago our home was worth double what we paid to build it 3.5 years ago...shoulda jumped on it then.
To answer your question the different regions of the US pretty much differ and Orlando would definately have lower prices. I lived my entire life in the NE part of the US...Cape Cod Massachusetts. Now that area of the US the real estate would be alot higher than Florida. IMO, California and the NE area are probably the highest in the country.
Enjoy...
Kathy
We have a show similar here in the states called "what you get for the money". It's pretty interesting how different parts of the US will get you more or less for the same amount of money.
Anyway, as far as the state of Florida goes; the city of Orlando would be a lower priced area for real estate and wages. Sarasota is a higher priced area and I may add a very nice, upscale area! Siesta Key beach is one of the nicest on the gulfcoast of the state. The sand there is just like powder!
All in all the real estate prices in the state especially my SW FLA area have gone way down. Homes that were in the $400,00-$500,000 range are now offered in the $200,000-$300,000 range. Florida is generally speaking in a real estate slump for now due to taxes, insurance rates and the economy. I'm sure other areas of the US are "in the same boat" so to speak.
Just 2 years ago our home was worth double what we paid to build it 3.5 years ago...shoulda jumped on it then.
To answer your question the different regions of the US pretty much differ and Orlando would definately have lower prices. I lived my entire life in the NE part of the US...Cape Cod Massachusetts. Now that area of the US the real estate would be alot higher than Florida. IMO, California and the NE area are probably the highest in the country.
Enjoy...
Kathy
Last edited by Kathyzhere on Sun Mar 23, 2008 9:20 am, edited 1 time in total.
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sailorgirl
- Posts: 1644
- Joined: Mon Oct 30, 2006 3:03 pm
Florida's prices are depressed now. Other areas are hard hit as well. I hear that California real estate has been hard hit. Where I live, NYC, prices are lower, but not as much as some areas, probably down 5-10% from the height of the market.
Gasoline is $3.35 a gallon today, down .04 from last week. $7 a gallon!!!! that's incredible how does the price effect your usage? My husband just bought a kit to electrify an old bike to go back and forth to work.
Gasoline is $3.35 a gallon today, down .04 from last week. $7 a gallon!!!! that's incredible how does the price effect your usage? My husband just bought a kit to electrify an old bike to go back and forth to work.
Linne it definetly depends on the area you are from in the U.S. Our area hasn't seen the huge drop that some areas have seen, also did not see the huge increase in prices that happened in the last few years as in some areas. Our market had a big housing bubble and know it has burst it was bound too happen. It will correct itself in time but for now alot of people are seeing there home values drop alot. We vacationed on the southwest coast of Florida for years and I would invest in a vacation condo if I was closer to retirement right now, there are some great bargains in that area for sure.
I always tell my honey were still lucky on the price of gas we have compared to what many European countries have pay. Your going to see alot of smaller cars coming on the scene here in the U.S. I just bought a little used Civic for my wife as a commuter car she drives about 90 miles a day and the SUV was killing us for gas. As soon as the weather gets nicer I will be ridin the motorcycle to work alot.
I always tell my honey were still lucky on the price of gas we have compared to what many European countries have pay. Your going to see alot of smaller cars coming on the scene here in the U.S. I just bought a little used Civic for my wife as a commuter car she drives about 90 miles a day and the SUV was killing us for gas. As soon as the weather gets nicer I will be ridin the motorcycle to work alot.
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California Girl
I saw this mortgage mess coming a year ago last January when I got laid off from my job at a mortgage broker's office who was doing a LOT of sub-prime loans. He is now out of business. Since that time I've seen my home's price drop about $100,000. I'm not worried though, because the high prices were never "normal" and this market will come back. We're not planning to sell our house for a number of years, but we may refinance if rates drop a little lower! 
I'm paying about $3.65 a gallon for regular gas. At one station here in town, they're charging over $4.00 a gallon for all grades. But we don't go there!
I'm paying about $3.65 a gallon for regular gas. At one station here in town, they're charging over $4.00 a gallon for all grades. But we don't go there!
We also pay over 7 USD per gallon, but remember the USD rate has been lower and lower for a long time now. That doesn't mean that the gas has been more expensive for us, it's just more in USD.
That being said, the gas price is really high, and affect us very much. We tend to buy cars that are economical on gas. SUV's are not that popular now days. We car pool or go by public transports when possible.
That being said, the gas price is really high, and affect us very much. We tend to buy cars that are economical on gas. SUV's are not that popular now days. We car pool or go by public transports when possible.
PUNCH BUGGY!Jorge wrote:Our main vehicle now is a turbo deisel V.W. Bettle that gets 55 mpg.
Sorry, Jorge, John and I still do that...
Linne, I will tell you that I live just outside Boston, MA. Our house is modest in size, but we bought it at a cheaper price about nine years ago and did some work on it. (Well, we hired someone to do some work on it
). Housing here is outrageous. Standard colonial type places that would go for $100K in the midwest are $600K or more here. Why do we live here? I don't know. 
We moved here from an apartment in the city, so this space still feels HUGE to us. We've been working on it, but we still have one room that is not decorated. We commute to our jobs via train, and because of that we share a car. We only fill it up about once a month, but when we do, it costs about $45. I think gas is about 3.25/gallon here, but I am not sure, because I always time it that John has to fill the tank
.It's like looking in your soup and finding a whole different alphabet.
We're thinking about refinancing our mortgage...Two years ago, after a major renovation of the entire house and addition, it was appraised at $330,000 (we bought at $161,000). Last week, the appraisal came in at $321,000. So, we've lost a little value, but not much.
As for gas...I must confess that I drive a company car. I work in biotech, and many of you would be happy to hear that the company has recently transitioned our Fleet (altima's, camry's, etc) over to Hybrid. I have to say though...Seems like a lot of hype over not much more production...My Hybrid Altima gets about 32 miles/gallon hwy...A "normal" Altima gets what, maybe 26 on the highway? And of course, there is the price premium on the hybrid models (not that I felt the impact of that either).
Oh, and BTW...Those "squiggly light bulbs"...? Article in the Boston Globe last week saying that when broken, they emit a dangerously high level of mercury into your home - in fact, the level was still high hours later. They recommended not using if you have a pregnant wife or small (probably infant) children...This stuff is getting crazy!
As for gas...I must confess that I drive a company car. I work in biotech, and many of you would be happy to hear that the company has recently transitioned our Fleet (altima's, camry's, etc) over to Hybrid. I have to say though...Seems like a lot of hype over not much more production...My Hybrid Altima gets about 32 miles/gallon hwy...A "normal" Altima gets what, maybe 26 on the highway? And of course, there is the price premium on the hybrid models (not that I felt the impact of that either).
Oh, and BTW...Those "squiggly light bulbs"...? Article in the Boston Globe last week saying that when broken, they emit a dangerously high level of mercury into your home - in fact, the level was still high hours later. They recommended not using if you have a pregnant wife or small (probably infant) children...This stuff is getting crazy!
This area is doing OK. A new house 4300 sq. ft. all brick with wooded lot across the road from us just sold. It was listed for $250K but I doubt they got that much for it.
We have an 2000 minivan that gets about 20 mpg and a 2006 Prius that gets about 50 mpg more or less when the weather is good.
My husband made me choose the cars. I seriously considered a VW Jetta Diesel, but the closest dealership was about 90 miles away. I was afraid getting service on it would be a problem. Another website I read often is always dissing my Prius, saying its worse for the environment than a Hummer! We like our Prius, and we see quite a few of them in this area.
We have an 2000 minivan that gets about 20 mpg and a 2006 Prius that gets about 50 mpg more or less when the weather is good.
My husband made me choose the cars. I seriously considered a VW Jetta Diesel, but the closest dealership was about 90 miles away. I was afraid getting service on it would be a problem. Another website I read often is always dissing my Prius, saying its worse for the environment than a Hummer! We like our Prius, and we see quite a few of them in this area.
Thank you for your information, it’s so interesting to read, even though it takes some time for me. We don’t use “feet”, “gallon” “miles” or “mpg”, so I have to convert a lot . And concerning your houses, I have to say that they are big if 5.500 sq ft. or 4.300 sq ft are normal? We live in what is considered as a relatively big house, and it’s 275 square meters, which is about 2.960 sq feet! But of course it’s said that everything in USA is big, the cars, the houses etc.! I remember some years ago, when we had a Canadian woman with us in hubby’s car, and she said, oh, what a nice LITTLE car you have. I was not sure, if she was joking 
, because hubby’s car is the big car. It’s a VW Passat station wagon (in USA similar a Jetta, hubby says). But for her it really was a little car. My car is a VW Polo, it’s the little car! The only thing, which is “big” in DK, is the prices . Too example electricity, gasoline and cars. FYI I can tell that a Prius costs about 80.000 dollars. We haven’t had our house valued recently, but I think that the price will be about 700.000 dollars. BTW here in DK we have seen nearly the same, as I can understand happens in USA. The houses, where the price has raised very much, are those, which have had a heavy fall in price. It happens mostly in the big cities, not here.
But IMO it’s perhaps not so bad, if you Americans are forced to do like us : drive smaller and more economic cars, perhaps only have one car, use public transport if possible, save electricity etc. It’s the best for the environment, and we all need to be more independent of oil and the oil producing countries.
Linne
. And concerning your houses, I have to say that they are big if 5.500 sq ft. or 4.300 sq ft are normal? We live in what is considered as a relatively big house, and it’s 275 square meters, which is about 2.960 sq feet! But of course it’s said that everything in USA is big, the cars, the houses etc.! I remember some years ago, when we had a Canadian woman with us in hubby’s car, and she said, oh, what a nice LITTLE car you have. I was not sure, if she was joking , because hubby’s car is the big car. It’s a VW Passat station wagon (in USA similar a Jetta, hubby says). But for her it really was a little car. My car is a VW Polo, it’s the little car! The only thing, which is “big” in DK, is the prices . Too example electricity, gasoline and cars. FYI I can tell that a Prius costs about 80.000 dollars. We haven’t had our house valued recently, but I think that the price will be about 700.000 dollars. BTW here in DK we have seen nearly the same, as I can understand happens in USA. The houses, where the price has raised very much, are those, which have had a heavy fall in price. It happens mostly in the big cities, not here. But IMO it’s perhaps not so bad, if you Americans are forced to do like us : drive smaller and more economic cars, perhaps only have one car, use public transport if possible, save electricity etc. It’s the best for the environment, and we all need to be more independent of oil and the oil producing countries.
Linne
The problem with that, Linne, is that getting in your car and going for a drive has always been a part of the American experience. We have the greatest highway system in the world that allows us to travel between it's two greatest oceans, the Atlantic and Pacific.linne wrote:But IMO it’s perhaps not so bad, if you Americans are forced to do like us : drive smaller and more economic cars, perhaps only have one car, use public transport if possible, save electricity etc. It’s the best for the environment, and we all need to be more independent of oil and the oil producing countries.
I guess when talking about the cities, your point is well made. However, contrary to what many people think, our country does not revolve around the New York's, LA's and Boston's...This country is actually run by the people who live in what some call "Fly Over Country"...Missouri, Iowa, Indiana, Illinois, etc...We like and treasure "wide open spaces"...You need a car in such circumstances.