Baltimore real estate poll: Affordability
Average home prices fell a significant amount last month across the Baltimore metro area, so it seems like a good time for a new poll: Has the housing downturn made more homes affordable to you?
As usual, the order of answers is randomized.
This poll isn't meant to get your opinion on whether home prices are too high, too low or just right, by the way -- only whether you've noticed a real difference in the sorts of homes you could buy if you wanted to.







Comments
Yes it has. The drop in prices has put more acceptable properties in nicer areas into my price range. Specifically, I'm talking about garage townhouses and single family houses close to work since I would never buy a condo. However, the quick rise in mortgage rates this past week is starting to reverse that trend. There's also surprisingly less and less to choose from.
Posted by: BigDragon | May 11, 2009 11:05 AM