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re: The economy is just broken

Posted on 5/19/24 at 10:40 am to
Posted by TrigSwig
Member since May 2024
79 posts
Posted on 5/19/24 at 10:40 am to
Try selling a house right now. Even areas that are hotter than others, not happening. Buyers are maxed out with high interest rates and increase in costs such as homeowners insurance, etc. Sellers are keeping prices high. It's a stalemate between buyers and sellers. Will be interesting to see what gives.
This post was edited on 5/19/24 at 10:42 am
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63942 posts
Posted on 5/19/24 at 11:04 am to
quote:

Try selling a house right now. Even areas that are hotter than others, not happening.


See, I’m just not seeing this right now. I continue to see buyers snatching up the slim pickings on the market, even at way inflated prices. Shelter is second on the hierarchy of needs. Too many buyers are in no position to play chicken with sellers.
Posted by notiger1997
Metairie
Member since May 2009
58565 posts
Posted on 5/19/24 at 11:47 am to
quote:

Even areas that are hotter than others, not happening.


Yeah this is BS. You believe what you want to, but only a very few real estate markets are struggling.
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