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re: The insanity of housing prices these days

Posted on 1/22/22 at 8:28 am to
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
45326 posts
Posted on 1/22/22 at 8:28 am to
Its crazy here in Ponchatoula. Houses are being sold before they even are officially listed and they are going for asking price and sometimes ppl are bidding on them and driving the price up. It is totally insane, When the market does crash their will be a ton of ppl who will be completely fricked they be so upside down.
Posted by TheDude
Member since May 2004
2676 posts
Posted on 1/22/22 at 8:50 am to
The wife and I have been looking into moving to a bigger house. Not going to happen in this housing market. Probably just renovate a few things and sit tight until the insanity ends.
Posted by chRxis
None of your fricking business
Member since Feb 2008
23791 posts
Posted on 1/22/22 at 4:21 pm to
quote:

Houses are being sold before they even are officially listed and they are going for asking price and sometimes ppl are bidding on them and driving the price up.

supply and demand, bro... it is crazy right now, but inventory is extremely fricking low, so anything of decent worth on the market is seeing stupid money thrown at it, just simply for the reason of being on the market...
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