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Real Estatemos explain what’s going on here
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Date: September 4th, 2025 8:11 PM Author: geriatric toaster https://x.com/firstsquawk/status/1963745953095242000?s=46 (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49237324) |
Date: September 4th, 2025 8:12 PM Author: Nudist vibrant chapel 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=2Ã#49237329) |
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Date: September 4th, 2025 8:13 PM Author: Submissive Mad-dog Skullcap Meetinghouse . (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49237331) |
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Date: September 4th, 2025 8:14 PM Author: mind-boggling trump supporter dingle berry (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49237334) |
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Date: September 5th, 2025 1:34 PM Author: Appetizing Snowy Abode (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49238880) |
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Date: September 4th, 2025 8:13 PM Author: Fragrant maroon institution death wish judaism (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49237330) |
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Date: September 4th, 2025 8:15 PM Author: mind-boggling trump supporter dingle berry Nobody is buying houses at these interest rates (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49237339) |
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Date: September 5th, 2025 11:25 AM Author: geriatric toaster 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=2Ã#49238569) |
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Date: September 5th, 2025 11:35 AM Author: flirting black woman you are an extremely stupid person. like even by reddit/twitter troll standards (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49238609) |
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Date: September 5th, 2025 1:41 PM Author: Appetizing Snowy Abode 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: domesticated round eye 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: charismatic citrine elastic band 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=2Ã#49237816) |
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Date: September 5th, 2025 8:50 AM Author: geriatric toaster Shouldn’t the market correct for this though? Excessive supply —> prices come down? (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49238208) |
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Date: September 5th, 2025 11:30 AM Author: vivacious school cafeteria 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=2Ã#49238586) |
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Date: September 5th, 2025 1:42 PM Author: Appetizing Snowy Abode (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49238911) |
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Date: September 5th, 2025 1:43 PM Author: Painfully honest cream old irish cottage location 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: vivacious school cafeteria 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=2Ã#49238935) |
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Date: September 5th, 2025 11:33 AM Author: bespoke persian 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=2Ã#49238599) |
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Date: September 5th, 2025 12:19 PM Author: magenta rambunctious rigor ratface 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=2Ã#49238707) |
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Date: September 5th, 2025 12:22 PM Author: indigo striped hyena 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=2Ã#49238716) |
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Date: September 5th, 2025 12:49 PM Author: bespoke persian 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=2Ã#49238774) |
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Date: September 5th, 2025 1:38 PM Author: Painfully honest cream old irish cottage location 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=2Ã#49238894) |
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Date: September 5th, 2025 1:43 PM Author: Appetizing Snowy Abode (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49238915) |
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Date: September 5th, 2025 3:56 PM Author: Brass mentally impaired stage incel Cost of a house is absurd now. (http://www.autoadmit.com/thread.php?thread_id=5769924&forum_id=2Ã#49239323) |