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Started By
Message
re: Home prices are dropping...still nobody buying.
Posted on 4/1/25 at 10:45 am to fareplay
Posted on 4/1/25 at 10:45 am to fareplay
I live in West Seattle. You can still find homes in the $600-$700,000 range. My 1942,1000 square foot two bedroom home is valued at $700,000; one of the more affordable homes in West Seattle.
1
Posted on 4/1/25 at 10:46 am to LNCHBOX
You so envious of these manufacturing baws, why not go work at a factory lmfao.
Imagine so Trump loyal you’d rather be in Stone Age
Imagine so Trump loyal you’d rather be in Stone Age
Posted on 4/1/25 at 10:47 am to LNCHBOX
quote:
Imagine agreeing with the board idiot fareplay
He understands economics 1000x more than you do, and most on this board.
Imagine believing Trumpian fairy tales about white people working in factories again.
Posted on 4/1/25 at 10:47 am to fareplay
quote:
Imagine so Trump loyal you’d rather be in Stone Age
Posted on 4/1/25 at 10:47 am to West Seattle Dude
Gotcha yeah we looked into Seattle but we were having a kid and school district there wasn’t as strong as Kirkland. You live near Alki beach I’m assuming? Good views there
Posted on 4/1/25 at 10:48 am to fareplay
quote:
Gotcha yeah we looked into Seattle but we were having a kid and school district there wasn’t as strong as Kirkland. You live near Alki beach I’m assuming? Good views there
A friend just sold her home in Lake Stevens, bought for 589k, sold for 1.2m
Housing costs there are unbelievable.
Posted on 4/1/25 at 10:50 am to RogerTheShrubber
Most of us in tech clear 200k easy and most seniors (5 years exp or so) clear 400k. Dual income techies can afford 1.2 pretty easily.
The only down side is mortgage lenders don’t like the concept of RSU as income so they only want to use base (which is roughly half of my actual compensation).
This does mean we price out the average baws. Nobody outside of tech medicine or business can afford a sfh easily
The only down side is mortgage lenders don’t like the concept of RSU as income so they only want to use base (which is roughly half of my actual compensation).
This does mean we price out the average baws. Nobody outside of tech medicine or business can afford a sfh easily
This post was edited on 4/1/25 at 10:51 am
Posted on 4/1/25 at 10:57 am to RogerTheShrubber
quote:
He understands economics 1000x more than you do, and most on this board.
Right, which is why he's getting absolutely roasted on the money board right now, because he's so fricking knowledgeable.
Posted on 4/1/25 at 10:59 am to LNCHBOX
quote:
Right, which is why he's getting absolutely roasted
Only a dweeb would take message board popular opinion as gospel.
Let me ask you this. What was the unemployment rate when "American was already great."
Thanks for your thoughtful forthcoming reply
Posted on 4/1/25 at 11:01 am to LNCHBOX
“Reltors need to place fresh baked apple pies in the window seels when showing a house. Would help sell much more easily!”
This has 72 upvotes. I don’t think this would work in selling houses much more easily but in your world it does
This has 72 upvotes. I don’t think this would work in selling houses much more easily but in your world it does
Posted on 4/1/25 at 11:02 am to RogerTheShrubber
quote:
Only a dweeb would take message board popular opinion as gospel.
Let me ask you this. What was the unemployment rate when "American was already great."
Thanks for your thoughtful forthcoming reply
I love that people that don't agree with you are dweebs.
I'm not playing your deflection game. Your TDS has you saying whatever you need to just to get your Trump hate in. You have fun with that.
Posted on 4/1/25 at 11:05 am to LNCHBOX
quote:
I'm not playing your deflection game.
Just admit you have no fricking clue as usual and are gonna whine and cry
Posted on 4/1/25 at 11:05 am to fareplay
quote:
“Reltors need to place fresh baked apple pies in the window seels when showing a house. Would help sell much more easily!”
This has 72 upvotes. I don’t think this would work in selling houses much more easily but in your world it does
What's sad is for most people I would assume this is sarcasm, but you may actually be this stupid.
Posted on 4/1/25 at 11:05 am to RogerTheShrubber
quote:
Just admit you have no fricking clue as usual and are gonna whine and cry
Classic Rog
Posted on 4/1/25 at 11:06 am to fareplay
It's an old truth, but I'm sure he was being facetious.
We've all determined that, overall, home prices aren't dropping and we aren't in a recession.
IDC where anyone's politics are; those are facts.
We've all determined that, overall, home prices aren't dropping and we aren't in a recession.
IDC where anyone's politics are; those are facts.
Posted on 4/1/25 at 11:08 am to N2cars
I don’t think they have to be both in the same direction
I think home prices can go up and still be in a recession. Lack of supply, higher cost, most Americans largest expense being a home, less capital for other items, etc. also recession leads to lack of mobility so more people staying put in their homes too.
Kinda worst of all worlds tbh.
Edit: now that I’m walking myself through this, imagine having high housing costs, less money in peoples pockets, then deciding tariffs is a good idea.
Lmfao
I think home prices can go up and still be in a recession. Lack of supply, higher cost, most Americans largest expense being a home, less capital for other items, etc. also recession leads to lack of mobility so more people staying put in their homes too.
Kinda worst of all worlds tbh.
Edit: now that I’m walking myself through this, imagine having high housing costs, less money in peoples pockets, then deciding tariffs is a good idea.
Lmfao
This post was edited on 4/1/25 at 11:11 am
Posted on 4/1/25 at 11:16 am to fareplay
No, they don't.
I am always stunned that people make blanket assertions that are just completely, factually, wrong.
It takes just a few moments to Google and wade through the trash to get some unbiased information.
I am always stunned that people make blanket assertions that are just completely, factually, wrong.
It takes just a few moments to Google and wade through the trash to get some unbiased information.
Posted on 4/1/25 at 11:18 am to N2cars
What are you talking about? What part?
Posted on 4/1/25 at 11:18 am to fareplay
No, not your post.
The OP and a few others.
The OP and a few others.
Posted on 4/1/25 at 11:23 am to HouseMom
quote:
This. We had a 7% rate for our first home in '01. When we "scored" a 6.25% rate in '05, we thought we hit the jackpot. Young buyers think the 3% rates of the past few years were the historical norm.
Boomers are out of touch
The average home price in 2000 to 2025 increased by 205%
The average income from 2000 to 2025 increased 76%
So yea higher home prices and stagnant wages makes buying homes at those interest rates virtually impossible.
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