Got to love developments in rural areas

   / Got to love developments in rural areas #241  
It’s amazing how far my wife & I came. We bought a fixer-upper from a lady in Covina, CA (Los Angeles suburb) in 1999 for $137k, weathered the crash of 2008 by never taking out equity to buy things not related to the house (only took out a HELOC for $50k to improve the home) and moved up to east Washington in 2010 to buy a 2006 $380k house on 10 acres. Now it sits just shy of a million and the shop & basement renovation, making it a 6 bedroom home isn’t even factored in. Most of my family & friends decided to play with their equity and are now stuck upside down in a stagnant market while rural areas in key areas are much more desirable.

Crazy.
 

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