- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Fed cuts rates...mortgage to 3 year lows...prices coming down but not "correcting"
Posted on 9/18/25 at 1:41 pm to jcaz
Posted on 9/18/25 at 1:41 pm to jcaz
quote:
There’s no such thing as *new* affordable housing.
I kinda chuckle every time I see people raging against the discussion or announcement of new developments on social media. WE NEED MORE AFFORDABLE HOUSING!!!
1) Increasing the housing supply in general will help drive prices down across the board
2) Anyone is free to buy a plot of land, build homes or apartments and sell them at whatever price/rate they want...hell, they can even sell them at a loss if they want to to provide some "affordable housing"
This post was edited on 9/18/25 at 1:44 pm
0
Posted on 9/18/25 at 1:44 pm to sidewalkside
Prices need to come down 15% or more depending on the rate for you too see normalized buying ever again.
Posted on 9/18/25 at 1:46 pm to jcaz
quote:the person putting 3.5% down on a $400,000 house is paying $600 more per month that the person that puts down 20%...that is significant
3.5% is considerable?
It’s not 20% anymore chief
.
Posted on 9/18/25 at 2:17 pm to GREENHEAD22
quote:
$400,000 doesn't get you very much, especially is areas you actually want to live.
for $400,000 you could buy a pretty nice house with an established yard/mature trees and send your son to Allen High School.
818 Sterling Court Allen Tx
Posted on 9/18/25 at 2:22 pm to MyNameIsNobody
A sub 1800 sqft 3/2 for 400k jesus frick
Posted on 9/18/25 at 2:24 pm to bad93ex
quote:
prices coming down but not "correcting"
Prices wont ever be coming down
Just this small rate reduction caused refi apps to spike 70%
It takes purchase ppl longer to get word and start their search
But if they can gwt them in the 5s it will be a buying frenzy
Posted on 9/18/25 at 2:25 pm to sidewalkside
Wrong board
Posted on 9/18/25 at 2:31 pm to GREENHEAD22
quote:
$400,000 doesn't get you very much
OT ballers never fail.
Almost half of the houses in the US are below that amount as the median sales price is $410,800.
Posted on 9/18/25 at 4:30 pm to Harry Boutte
Look at the listing posted above, it will get you a 20yr old, not updated, 1750sqft house.
People saying that is a good deal are proving my point. That house should be in the low 3s.
People saying that is a good deal are proving my point. That house should be in the low 3s.
This post was edited on 9/18/25 at 6:36 pm
Posted on 9/18/25 at 4:32 pm to sidewalkside
Mortgage rates being tied to the federal interest rate is a misconception. The 10 year treasury yield is more important.
Posted on 9/18/25 at 6:20 pm to Chicken
quote:
the person putting 3.5% down on a $400,000 house is paying $600 more per month that the person that puts down 20%...that is significant
I think $15,000 cash down versus $80,000 cash down is more significant for a first time home buyer.
This post was edited on 9/18/25 at 6:21 pm
Posted on 9/18/25 at 6:23 pm to JohnnyKilroy
quote:
A sub 1800 sqft 3/2 for 400k jesus frick
The fact that some think this is a bargain is a huge part of the problem. 1750 square foot for a family of 4/5 with a minimum 1 hour commute to work is not at all what you should get for $400,000
Posted on 9/18/25 at 6:36 pm to MC5601
Exactly
Posted on 9/18/25 at 7:06 pm to sidewalkside
Mortgages had already priced in a cut, but with the assumption the 10-year would come down (because, for the millionth f'n time, fixed rate mortgages are benchmarked off the 10-year NOT the Federal Funds Rate).
Yields on the 10-year are headed back north due to inflation concerns (no shite!) and fixed rate mortgages will follow close behind.
Anybody thinking a .25% cut is going to turn on the housing market is a fool.
Fixed rate mortgages aren't going to be below 6% for a while and if they do suddenly drop, well, we have a much bigger problem on our hands.
Yields on the 10-year are headed back north due to inflation concerns (no shite!) and fixed rate mortgages will follow close behind.
Anybody thinking a .25% cut is going to turn on the housing market is a fool.
Fixed rate mortgages aren't going to be below 6% for a while and if they do suddenly drop, well, we have a much bigger problem on our hands.
Posted on 9/18/25 at 8:03 pm to sidewalkside
Prices go up when rates get cut.
Posted on 9/18/25 at 8:14 pm to GREENHEAD22
quote:
Look at the listing posted above, it will get you a 20yr old, not updated, 1750sqft house. People saying that is a good deal are proving my point. That house should be in the low 3s.
You know the Allen TX real estate market? Move it to where we’re looking and it’d be $1MM.
Homes don’t sell for what you want them to sell for or think they should sell for. They sell for what someone is willing to pay for it.
This post was edited on 9/18/25 at 8:17 pm
Posted on 9/18/25 at 8:43 pm to jcaz
quote:
3.5% is considerable? It’s not 20% anymore chief
You proved his point
Posted on 9/19/25 at 4:33 pm to Chucktown_Badger
Right. I was replying to this guy:
Many people still don’t get it.
quote:
Baw prices ain't coming down. There's still more demand than supply.
Many people still don’t get it.
Posted on 9/19/25 at 4:40 pm to sidewalkside
Prices don’t come down. If anything lowering rates will gradually increase prices.
Posted on 9/19/25 at 6:56 pm to SDVTiger
Restrict corporations and LLCs from buying homes and you will see a great change in home prices. Of course, that won’t satisfy the ruling class so we continue down this path and further alienate the middle class. It won’t end well.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News