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re: Mortgage applications/buyer demand dropped to a 28-year low

Posted on 2/22/23 at 5:57 pm to
Posted by Hawgnsincebirth55
Gods country
Member since Sep 2016
16155 posts
Posted on 2/22/23 at 5:57 pm to
quote:

My uncle is a realtor in Texas and he said aside from the rates as you mentioned, people still think they can get 2020/2021 money for their house and they just sit for months.
can confirm. Some guy tried selling me a house last summer for 250k whereas I felt like paying 180 would’ve been over paying. Just a 3 bed 2 bath with a man cave attached and an in ground pool. Nothing spectacular
Posted by cajuntiger1010
Member since Jan 2015
9313 posts
Posted on 2/22/23 at 6:01 pm to
quote:

Just a 3 bed 2 bath with a man cave attached and an in ground pool. Nothing spectacular

Houses like that in Southdowns are asking for 400k. Crazy
Posted by danilo
Member since Nov 2008
20433 posts
Posted on 2/22/23 at 7:39 pm to
quote:

can confirm. Some guy tried selling me a house last summer for 250k whereas I felt like paying 180 would’ve been over paying. Just a 3 bed 2 bath with a man cave attached and an in ground pool. Nothing spectacular

Where is this?
Posted by MC5601
Tyler, Texas
Member since Jan 2010
3910 posts
Posted on 2/22/23 at 8:37 pm to
quote:

Some guy tried selling me a house last summer for 250k whereas I felt like paying 180 would’ve been over paying. Just a 3 bed 2 bath with a man cave attached and an in ground pool. Nothing spectacular


This house would be close to $500k in Dallas. I'd kill for anything like that under $350 right now
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