I searched the site for answers. If this is a duplicate, I apologize.
I live in Tacoma, WA (Just below Seattle).
Median home prices are over $200,000.
I've been reading a lot about people buying/selling homes for prices I thought were VERY low. I'm talking about median home prices that I still see as VERY low by comparison.
As far as I've seen in Tacoma, $50,000 gets you a distressed studio-apartment-sized shack.
Do I live in an expensive area?
Am I just reading the stories of people in lower median-priced areas, by chance?
I'm working the assignment angle, but I'd like to start buying ASAP or sooner.
I'm thinking I'll have to wait longer before buying because of the prices.
Please tell me I'm wrong.