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re: Home prices are now contracting at levels only seen 2 times

Posted on 9/23/23 at 11:32 am to
Posted by HempHead
Big Sky Country
Member since Mar 2011
55533 posts
Posted on 9/23/23 at 11:32 am to
quote:

ah so big cities still have ridiculous prices while everywhere else is contracting



I don't keep up with prices to know if it's been contracting in the last few months, but the fact that the cheapest existing abode I found on Zillow was a shitty old trailer for like $430k means that somethings gotta give.
Posted by gaetti15
AK
Member since Apr 2013
13371 posts
Posted on 9/23/23 at 11:48 am to
quote:

found on Zillow was a shitty old trailer for like $430k means that somethings gotta give.


shite here where I'm at in gulf coast of MS, some dude around the corner tried to sell his house for 450K a couple months back.

He's had to drop the price a bunch of times and still cant sell.

I bought my 3K square ft house on 3.5 acres for 310K in early 2022. that house hes in sold a few weeks before ours for like 280ish. He has less acreage and sq footage than mine.

shite is a joke.
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