Compared to a year ago, how much more or less house can you get for a million dollars?


“I live in Austin, Texas and I get less house for a million bucks then I could a year ago. Austin home prices are going up, bucking the left and right coast trends.” -- Danny, Texas

"I can get just a little bigger bedroom and that would make me just a little more comfortable while dreaming of being able to afford a million dollar house." -- Russ W., New York

"I live in Bozeman, Montana, and we bought our house in 1993 for $190,000. It is worth over $525,000 now. Our homes are going up at a rate of over 6%-8%. So your million dollars buys you less here. There is no low income land anymore." -- Ed R.

"You can get about the same amount of house and property as one year ago. While sales have slowed, so has construction. Most houses are built to order with very little speculative construction. The difference over the last year is that the over-priced re-sales, especially poorly maintained ones, have come back in line with where they should have been." -- Paul H., Rhode Island

"Probably less house than you can get today for the same money. I know Calif and Florida have dropped 20-30% in some areas, but Oklahoma prices have gone up, so you get about 4% less home in Tulsa, Oklahoma, than last year, but overall, probably more house for the buck this year than last." -- Bob C.