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re: Maybe we can solve that housing inventory issue by killing AirBNB
Posted on 10/6/23 at 9:22 am to WDE24
Posted on 10/6/23 at 9:22 am to WDE24
quote:
I haven’t seen much softening in prices yet, but inventory is slowly increasing and hoses are sitting on the market longer. I’m guessing it’s a few more months before I start noticing softening in prices.
The few markets I check on Zillow every week show price reductions happening. Anything in the median price or lower not so much but cuts are happening in homes above that. Saw one at the top of its market lower its price by $130K this week.
1
Posted on 10/6/23 at 9:25 am to stout
I’m sure it’s already happening in a lot of markets. Price softening hasn’t hit mine yet that I’ve noticed, but the writing is on the wall. Although I typically only keep up with a couple of in demand zip codes, so it may be happening in my market broadly already.
This post was edited on 10/6/23 at 9:26 am
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