Dr Eschker and his hardworking crew have published the Economic Index for February. Hospitality is up, home sales and retail are down slightly. The average home sale is now $296,500.
Read the full report HERE.
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Redwood Coast Business
Small business and entrepreneurship in Humboldt County
Unless one already owns a house with sufficient equity how can one even afford to buy at today’s prices? Nearly $300,000 for an AVERAGE home!. Which means probably around $2000 for property taxes. Of course everything today is way too expensive. Best solution–stop buying real estate or anything else other than necessities.
I think the taxes might be even higher for recent purchases. I wouldn’t buy anything here now unless it was a killer deal.