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Top 10 cities where home prices are falling the most
Posted on 4/25/22 at 10:35 pm
Posted on 4/25/22 at 10:35 pm
Pittsburgh is kinda surprising as most people agree it's an underrated city. Guess those winters are too brutal. LINK
This post was edited on 4/25/22 at 10:36 pm
20
Posted on 4/25/22 at 10:37 pm to yaboidarrell
Dear God, I hope all those Yankees aren't moving south.
Posted on 4/25/22 at 10:37 pm to yaboidarrell
Toledo and Tulsa are the only surprises on that list.
I guess I could say NYC, Seattle, and SF are surprising omissions.
I guess I could say NYC, Seattle, and SF are surprising omissions.
Posted on 4/25/22 at 10:37 pm to yaboidarrell
Any i(D)ea what all those cities have in common?
Posted on 4/25/22 at 10:57 pm to yaboidarrell
Lotsa cultcha on that map
Posted on 4/25/22 at 11:25 pm to yaboidarrell
quote:
Guess those winters are too brutal
Lmfao yeah that's why property values are dropping in these places. Bad winters! Gotta be!
Also I guarantee this is just for the shithole parts of the metros. Suburbia is popping still.
This post was edited on 4/25/22 at 11:31 pm
Posted on 4/25/22 at 11:27 pm to yaboidarrell
My neighbor just sold their house outside Memphis for $10k over asking in less than a week and made $150k profit on their build 2 years ago, the crappy parts of town may be a different story but the good suburbs prices are through the roof and inventory is non-existent.
Posted on 4/26/22 at 4:57 am to yaboidarrell
It’s ironic that the prices are falling in LA where the homeless population is taking cover.
Posted on 4/26/22 at 4:58 am to yaboidarrell
quote:
Pittsburgh is kinda surprising as most people agree it's an underrated city.
It can still be underrated and dying. A lot of those towns look to be old rust belt towns.
Posted on 4/26/22 at 5:50 am to yaboidarrell
The one that surprised me was Richmond, but after reading the article I get it. The upper priced houses hit the market but the lower priced ones did not because those homeowners couldn't afford to move up even with a bit more cash to spend. The other part is that realtors have started to price houses lower with the goal of bringing in more demand, knowing the will get $325k if a house is listed at $299k.
Median list pricing in the Richmond area is still $310k.
Median list pricing in the Richmond area is still $310k.
Posted on 4/26/22 at 5:53 am to yaboidarrell
Richmond is the only city listed I would consider moving to. I like Pittsburgh, but it’s a shrinking city due to lack of jobs.
Posted on 4/26/22 at 5:54 am to yaboidarrell
Tulsa? I lived there for 2 years in the early 90s. I thought that it was a great town. Maybe I can get a deal.
Posted on 4/26/22 at 5:57 am to yaboidarrell
Majority lib run shitholes people are fleeing from. It’s going to get much worse. Can’t wait.
Posted on 4/26/22 at 6:40 am to yaboidarrell
Somehow houses in and around Bogalusa sell within 12 hours of going on the market and can turn into a bidding war.
Strange world.
Strange world.
Posted on 4/26/22 at 6:55 am to yaboidarrell
The L.A. one is hilarious because they're still in the millions for the smallest POS.
Posted on 4/26/22 at 7:31 am to yaboidarrell
Move to those cities if you can work remotely.
ETA: except Los Angeles. frick that place.
ETA: except Los Angeles. frick that place.
This post was edited on 4/26/22 at 7:33 am
Posted on 4/26/22 at 8:28 am to yaboidarrell
I didn't think Detroits could fall much more.
Posted on 4/26/22 at 9:06 am to yaboidarrell
Prices are flattening everywhere. A standard 30 year mortgage payment on a $500,000 loan is about $600 more a month than it was a couple of months ago. That’s “real money.”
So of course the market is gonna cool and that’s a good thing. See 2008.
So of course the market is gonna cool and that’s a good thing. See 2008.
Posted on 4/26/22 at 9:24 am to yaboidarrell
Falling prices therefore say it out loud…falling demand Who would think that no one would want to live in the likes of Memphis or Detroit? Most of these are individuals fleeing state and local government overreach. It is the exact reason that states rights are so important.
Posted on 4/26/22 at 9:28 am to yaboidarrell
These assholes need to lay in their own shite they made.
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