Quote Originally Posted by CavSct1983 View Post
My question is... how long can it last, or is likely to last?

And how in the heck can anyone consider 500k viable? What on earth are people doing to afford such a mortgage, and why on earth do they stay in such an area?

We're looking to move to Tulsa area in a year or less and the market is much more affordable there with not much of a pay cut in my field -- depending on everything, it might be a "cut" but really the same net or even more after the bills are paid each month.
I actually think it will last longer than most. The economy in CO is strong, we have a large influx of people every year, and it's going to continue to be busy.

My brother is in the price range you're talking about. He's a principal software engineer for a technology company here in CO, and his bank is telling him he can be approved for a lot more than he's willing to spend. He, however, is not looking at subdivision houses for $500k. He's looking for minimum 2 acres, and a house. He wants to stay here for a list of reason, much the same as mine.

Family/Friends
Current Job
Activities - we're spoiled with Ski/Snowboard country (others here too, but that's the big one that is geography based)


For me, I've been all over the country and world, and I haven't found a better place to live yet (current political climate, and likely worsening climate, not withstanding).