Zillow Advice: Home Buying - Looking to buy in SE Pennsylvania http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Zillow Advice | Zillow Real Estate Kirk,It goes without saying ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Kirk,<br/>It goes without saying that renting is not financially getting you anywhere, and is a loss. However, in a market that seems to be going down, I would hate to buy now, and be upside down on a <a href="http://www.zillow.com/mortgage/">loan</a> in two years. Tue, 16 Oct 2007 14:57:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-16T14:57:00Z Renting is a guarranteed ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Renting is a guarranteed loss. Rent x 12 equals your loss in <a href="http://www.zillow.com">real estate</a> this year. <br/><br/>Prices are flat in the Chesco area. However, the entry levell stuff has really hung in there for the past 2 years. <br/><br/>When we see 150k one bedroom condos go down, that is when it really isn't the time to buy. Values are predicated on the small guy buying. Sun, 14 Oct 2007 18:41:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-14T18:41:00Z Philly is about an hour from ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Philly is about an hour from the area where I'm looking, so its crime rate is not a significant factor. Bucks and Montgomery County is where I am looking, if anyone knows where that is- basically in between philly and allentown.<br/><br/>Even some areas of Philadelphia are nice, but that's how it's always been. 70% of the city is terrible, but Center City is nice, and pricey. Art Museum area is up and coming, and the Manayunk/Roxborough area is moderately priced, and not a part of the murder pocket. The downside is every nice area is fairly close in proximity to a ghetto area, because there is SO MUCH ghetto. According to what I've seen, the housing market in CC Philly is actually doing quite well, and new condo conversions are currently 50-75% sold. There is also a new construction 10 year tax abatement, presumably to alleviate some of the blight. That is undoubtedly a factor. Sat, 13 Oct 2007 22:27:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-13T22:27:00Z Thanks Mike. Last time I ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Thanks Mike. Last time I checked, Philly is nearly 3 hours away from me. And I own property in New York City, thank you very much! Thu, 11 Oct 2007 22:24:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-11T22:24:00Z Philly has one of the highest ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Philly has one of the highest crime rates in the country.. NJ is connected to philly. <br/><br/>West Philadelphia had the MOST killing last year.<br/><br/>and Alpine lives in New Jersey because he can't afford New York..<br/><br/>He got a lower end house in Overvalued Alpine to try to fit in.. Yet he only spends his days trolling around trying to sell his property that is worth at max 400K.. Wed, 10 Oct 2007 15:02:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-10T15:02:00Z There are farms in New Jersey ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ There are farms in New Jersey also. Wed, 10 Oct 2007 14:50:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-10T14:50:00Z I live in New Jersey. http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ I live in New Jersey. Mon, 08 Oct 2007 04:27:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-08T04:27:00Z Alpine there is definitely ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Alpine there is definitely ghetto in philly....and allentown...generally not in the suburbs, although there are exceptions here and there. It's not all farmland. Don't you live in NY? They have farmland in that state as well, and NJ. Mon, 08 Oct 2007 04:25:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-08T04:25:00Z Yes, Mike gives you good ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Yes, Mike gives you good advice that he has never successfully applied in the real world. You want fantasies, listen to Mike. You want battle tested advice, listen to me. Sun, 07 Oct 2007 21:42:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-07T21:42:00Z WeavI am a homeowner (have ... http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ Weav<br/>I am a homeowner (have been for 20+ years), and have lived in Eastern PA my whole life. Prices aren't coming down too much here because it is such an affordable place to live, and we were very undervalued. Keep in mind that varies from county to county. Lancaster/York counties are close to Philly and to Baltimore. Great place to live, good schools and low taxes. I am between Philly and Harrisburg and we are getting tons of NYC people moving in still. <br/>All that being said, we starting to drop too, Mike gives you good advice.<br/><br/>Alpine is a troll, tune him out, he brings nothing to the discussion. Sun, 07 Oct 2007 13:21:00 GMT http://www.zillow.com/advice-thread/Looking-to-buy-in-SE-Pennsylvania/8229/ 2007-10-07T13:21:00Z