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Real Estatemos explain what’s going on here
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Date: September 4th, 2025 8:11 PM Author: irradiated costumed affirmative action https://x.com/firstsquawk/status/1963745953095242000?s=46 (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237324) |
Date: September 4th, 2025 8:12 PM Author: misanthropic resort Boomers listing their 2nd homes for ~150-200% of the market value and keeping the listing open for 2-3 years. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237329) |
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Date: September 4th, 2025 8:13 PM Author: Translucent flickering abode volcanic crater . (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237331) |
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Date: September 4th, 2025 8:14 PM Author: claret vigorous dog poop (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237334) |
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Date: September 5th, 2025 1:34 PM Author: supple henna double fault trump supporter (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238880) |
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Date: September 4th, 2025 8:13 PM Author: Vivacious stock car judaism (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237330) |
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Date: September 4th, 2025 8:15 PM Author: claret vigorous dog poop Nobody is buying houses at these interest rates (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237339) |
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Date: September 5th, 2025 11:25 AM Author: irradiated costumed affirmative action But I thought Trump ordered interest rates to go down. Did the fed just ignore him because they don’t respect him? (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238569) |
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Date: September 5th, 2025 11:35 AM Author: exhilarant dead feces bbw you are an extremely stupid person. like even by reddit/twitter troll standards (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238609) |
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Date: September 5th, 2025 1:41 PM Author: supple henna double fault trump supporter Not just that, but Trump Ordered inflation go down, as well.
What the fuck is going on!? |
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Date: September 4th, 2025 8:22 PM Author: Tan French Site Houses literally cost 3x as much as they did 4 years ago.
There were enough desperate / cash buyers to make up for that for a few years, but eventually if you need a HHI of $150,000 to afford a starter house instead of $80,000, you're going to run out of buyers... |
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Date: September 4th, 2025 11:28 PM Author: fishy spectacular lettuce boomers need to sell their oafish homes for smaller ones so they can cash out $$ for retirement expenses, but no one can afford to buy them (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49237816) |
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Date: September 5th, 2025 8:50 AM Author: irradiated costumed affirmative action Shouldn’t the market correct for this though? Excessive supply —> prices come down? (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238208) |
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Date: September 5th, 2025 11:30 AM Author: Frum overrated immigrant bawdyhouse the price of new construction has fallen but the price of existing homes takes longer to go down because people just aren't willing to sell for less than what they think a house is "worth", even if it went up 2x in a matter of 4 years. so if you live in an area without much new construction prices are extremely sticky (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238586) |
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Date: September 5th, 2025 1:42 PM Author: supple henna double fault trump supporter (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238911) |
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Date: September 5th, 2025 1:43 PM Author: Dashing submissive ticket booth don't forget the quality of new construction is completely dogshit compared to older inventory too.
https://www.youtube.com/shorts/dCrOpBYlTDE |
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Date: September 5th, 2025 1:48 PM Author: Frum overrated immigrant bawdyhouse tbf we're all xo poas here we all build our own houses from the ground up. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238935) |
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Date: September 5th, 2025 11:33 AM Author: Geriatric carnelian parlour rigpig only if buyers are forced to sell, which they are not with stock markets at record highs and unmployment at record lows. so people want to sell but will just wait it out because they can. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238599) |
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Date: September 5th, 2025 12:19 PM Author: Titillating Parlor Ceo lot of people who bought after mid-2022 made use of rate buy downs. so instead of the prevailing 5.5-6.5 percent, they were able to get 3.5-4.5 percent for a couple years. now the buydowns have expired and they're experiencing significantly higher monthly payments that they can't afford. so people are putting their homes on the market at prices matching or slightly below 2022 prices. there are few takers. sellers would rather pay their high monthly payments instead of lowering sale price by 20% which would torch their equity. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238707) |
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Date: September 5th, 2025 12:22 PM Author: arrogant insanely creepy elastic band boltzmann I'm seeing this in my market where houses used to get snapped up in a few days tops and now they just sit for months. I wondered why these owners wouldn't reduce the price to attract a buyer, but everyone seems to be holding out for the price they think they deserve. The only people selling now seem to be heirs and investors. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238716) |
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Date: September 5th, 2025 12:49 PM Author: Geriatric carnelian parlour rigpig why sell if you dont need to? for most people, $50k is worth staying in your home an extra 6 months (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238774) |
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Date: September 5th, 2025 1:38 PM Author: Dashing submissive ticket booth New construction staying on the market forever because builders are deep underwater. Cy Porter's channel proves just how completely SPS any house built after 2020 is compared to even shitty 80's tract homes. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238894) |
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Date: September 5th, 2025 1:43 PM Author: supple henna double fault trump supporter (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49238915) |
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Date: September 5th, 2025 3:56 PM Author: Orange odious hall Cost of a house is absurd now. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2:#49239323) |