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Started By
Message
re: Mortgage applications/buyer demand dropped to a 28-year low
Posted on 2/22/23 at 6:01 pm to Areddishfish
Posted on 2/22/23 at 6:01 pm to Areddishfish
quote:
people still think they can get 2020/2021 money for their house
Q1/Q2 of 2022 was bat shite crazy here in Austin.
Bat.
shite.
Crazy.
3
Posted on 2/22/23 at 6:03 pm to RummelTiger
quote:
Q1/Q2 of 2022 was bat shite crazy here in Austin.
Bat.
shite.
Crazy.
I tried to tell my friend if he wanted to get out of Pflugerville he missed the boat already
Posted on 2/22/23 at 7:23 pm to RummelTiger
quote:Same thing here in St. Petersburg.
Q1/Q2 of 2022 was bat shite crazy here in Austin. Bat. shite. Crazy.
But prices here seem to be holding steady. St. Pete is growing at an alarming rate and more money is coming in from out of state every day. There are tons of old homes being bought, torn down, and rebuilt. Tons of luxury high rises under construction. And out of staters are pouring in. The growth and money moving here is shocking.
Posted on 2/22/23 at 8:45 pm to RummelTiger
Demand markets will always be crazy as long as demand keeps up.
When demand bottoms out, that’s when shite gets real.
Vegas, Phoenix, Orlando, etc, got slammed in 2008.
When demand bottoms out, that’s when shite gets real.
Vegas, Phoenix, Orlando, etc, got slammed in 2008.
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