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re: Let’s discuss the housing market
Posted on 4/28/21 at 11:49 pm to olemc999
Posted on 4/28/21 at 11:49 pm to olemc999
quote:
What is going on?
Building a home is too expensive right now
A house with my floor plan in my neighborhood with no updates in 20 years just sold a couple weeks ago for 40% more than I paid for my home 3 years ago. I’ve seen houses that were built for $200-250k in the 90s going for $100k over listing price in the $800k range. The current market just isn’t sustainable. Sure, it’s a great market to sell, but where exactly are you supposed to find a new home to buy if you sell? Our neighbors who just had an unexpected kid (they already had 4) can’t find a home anywhere. They keep getting outbid. It’s insane.
This post was edited on 4/28/21 at 11:55 pm
1
Posted on 4/29/21 at 12:42 am to lsufball19
[quote]The current market just isn’t sustainable.
That’s what they were saying about $150k west coast homes 40 years ago.that are now a million plus.
That’s what they were saying about $150k west coast homes 40 years ago.that are now a million plus.
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