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re: The insanity of housing prices these days
Posted on 12/27/21 at 1:49 pm to Athis
Posted on 12/27/21 at 1:49 pm to Athis
Crash signals are already going off in my area of metro ATL.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
2
Posted on 12/27/21 at 2:32 pm to deeprig9
quote:
Crash signals are already going off in my area of metro ATL.
quote:
Until the latest one...
Your "Crash Signals" are one home in a subdivision of 174 homes staying on the market for a month during holiday season? To top it off, this home was originally sold to Zillow
Maybe explaining your definition of "Crash" would help.
Metropolitan Atlanta is home to 6,000,000+ people
This post was edited on 12/27/21 at 2:36 pm
Posted on 1/21/22 at 6:31 pm to deeprig9
quote:
Crash signals are already going off in my area of metro ATL.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
This post was edited on 1/21/22 at 6:32 pm
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