Attention parents of college students:College dorms are EXPENSIVE (not to mention small and crowded). What do you think about buying a condo or house for your student to live in during their collegiate years instead of paying hefty dorm fees? Is buying property for your teen crazy, or is it a smart investment? Help me decide.
Hi again. My inspiration for asking this question was a recent Wall Street Journal article that I came across. People are really doing this... http://online.wsj.com/public/article/SB121954054684366725.html?mod=sunday_journal_primary_hs
A new survey that Zillow put out today shows 58% of Americans think that, between the two major candidates, Sen. Barack Obama will better address the current state of the housing market than Sen. John McCain (42%). The survey of 2,016 U.S. adults was conducted by Harris Interactive on behalf of Zillow. The full survey can be read here: http://zillow.mediaroom.com/index.php?s=159&item=71 What do you think about this?
Hi Marty, Whitney from Zillow, here. I was talking to the Kitsap Sun a few weeks back about Kitsap home values and wanted to chime in with some relevant datapoints. According to Zillow's Q4 Real Estate Market Reports, the Zillow Home Value Index (median home value) fell 10.7% year over year, which was slightly better than the national change of -11.6%. However, in the Bremerton MSA (which includes Kitsap) all cities lost value year over year (ranging from 3-16%). Seattle experienced similar declines in Q4. Seems the real estate woes of the nation are catching up to us here in the great Pacific Northwest.
Mom & Dad: Should I live in the dorm or will you buy me a house?