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Started By
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re: The average 30-year fixed mortgage rate jumps to 7.50%
Posted on 4/16/24 at 1:48 pm to GoCrazyAuburn
Posted on 4/16/24 at 1:48 pm to GoCrazyAuburn
quote:
And housing prices are still absurd.
People need to quit buying at those prices. Of course they should also ban/limit corporations from buying homes as well.
4
Posted on 4/16/24 at 1:51 pm to DarthRebel
quote:
Of course they should also ban/limit corporations from buying homes as well.
Why?
I don’t have a strong opinion either way. I’m just interested in the thought process.
Posted on 4/16/24 at 2:20 pm to DarthRebel
Chinese nationals and CCP corporations need to be banned from buying these properties altogether.
In Oklahoma the housing/land market is way up and you don't have to worry too long (especially in more rural areas) about selling. Chini will very literally show up with bankrolls of money in a contractor bag or duffel bag, count it out to you for asking price, then follow you to the abstract and title office to finalize the deal in hours.
The foothold they've gained here with fentanyl trafficking and illegal weed farms is unbelievable. Everyone I talk to that isn't from here thinks I'm embellishing. People who live here see it every day.
In Oklahoma the housing/land market is way up and you don't have to worry too long (especially in more rural areas) about selling. Chini will very literally show up with bankrolls of money in a contractor bag or duffel bag, count it out to you for asking price, then follow you to the abstract and title office to finalize the deal in hours.
The foothold they've gained here with fentanyl trafficking and illegal weed farms is unbelievable. Everyone I talk to that isn't from here thinks I'm embellishing. People who live here see it every day.
Posted on 4/16/24 at 2:50 pm to DarthRebel
Bought mine and my ex sold hers. Mine appraised for 30k than I paid when I get it appraised to buy it. She sold hers for damn near double what she paid.
Posted on 4/16/24 at 4:54 pm to DarthRebel
quote:Inventory is down to zilch here where I'm at so people are still paying whatever the price to get into a home is.
People need to quit buying at those prices.
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