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re: Where to park money from home sale

Posted on 8/6/22 at 7:08 pm to
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27217 posts
Posted on 8/6/22 at 7:08 pm to
quote:

Houses taking weeks/months to sell is normal. What we saw the last 2 years was abnormal.


It blows my mind that people don't see this. I've seen post after post saying some permutation of what you quoted, as though it's some indication that the market is going down. Ignoring that the "decreased" list price is still $100k+ above the last sale price just a few years ago
Posted by 23parker
Louisiana
Member since Aug 2011
244 posts
Posted on 8/6/22 at 9:35 pm to
This is the “decrease” I am speaking of. I think they will come off the “abnormal” $100k increase, but still ~5% above normal pricing to level out.
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