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Message
re: Home prices are dropping...still nobody buying.
Posted on 3/31/25 at 3:35 pm to dyslexiateechur
Posted on 3/31/25 at 3:35 pm to dyslexiateechur
quote:
very basic 3 bedroom 1400 sq ft home for $200k today.
That's a meaningless data point without more information, most importantly where the home is.
Posted on 3/31/25 at 3:36 pm to TutHillTiger
quote:
Housing market is dead in mobile, yet one of fasting growing economies in the state. I am taking mine off market today
Most homes are sold in spring/summer…
Posted on 3/31/25 at 3:36 pm to F1y0n7h3W4LL
quote:
There is a new $590,000 4 BR behind me that's been sitting for a year and a half.
You would only have to put $118k down and have an income of $130k to afford that........
What careers pay that much?
Posted on 3/31/25 at 3:38 pm to BigGreenTiger
quote:
If only there was a time in history when we tried this, and we knew the exact outcome... hmm, guess we will never know.
If the tariffs are reciprocal and leads to other countries dropping their tariffs on the US and we reciprocate by dropping our tariffs on them, which seems to be what's being signaled, that's what I mean by long term benefit. I don't mean long term benefit of having tariffs all over the place long term.
Posted on 3/31/25 at 3:40 pm to Loup
quote:
I'm not a fan of tariffs. I'd prefer that we made it easier for our manufacturing to compete with foreign goods (tax breaks, relaxing regulations, etc) but that won't happen.
Can’t have more tax breaks when a smaller and smaller percentage of the country pay taxes…and that number gets worse and worse too when manufacturing is shipped out of the country because they can do it for much cheaper.
Relaxing regulations should happen, but definitely too much money in the pockets of the politicians that vote for it based on who gives the kickback.
Our federal government needs to be cut by 90% and everything be given back to the States. Only thing that’s going to save us.
If you cut the fed by 90% and include Tariffs on foreign goods reciprocally, each State can then give tax breaks and regulations for specific industries that make sense for their State
Posted on 3/31/25 at 3:45 pm to swamptiger99
quote:
You would only have to put $118k down and have an income of $130k to afford that........
What careers pay that much?
Chump change for any proud card-carrying member of the OT.
Posted on 3/31/25 at 3:49 pm to sidewalkside
Ehh, we bought a house 4 weeks ago and got $105k off from the seller. Selling our existing house for what we asked and the buyer offered $20k above ask and he is paying a ton of cash and the rest with a fairly small mortgage. I didn't like going from a 1.75% mortgage to 6.375% but picking up over 1k additional sq feet of living space and 3.94 acres beats a 2,042 sq feet and .10 acre with 3 dogs all day long. Nice, well maintained homes in Santa Fe are selling, really started picking up the last 2 weeks, we got 7 offers day 1.
Posted on 3/31/25 at 3:50 pm to sidewalkside
Been in a recession
Just because the last admin changed the definition of the word doesn’t mean we weren’t
Just because the last admin changed the definition of the word doesn’t mean we weren’t
Posted on 3/31/25 at 3:52 pm to sidewalkside
This is twice Orange Man has wrecked the economy, but he wants to do it 3 times now.
Posted on 3/31/25 at 3:52 pm to PhillyTiger90
When did it start?
How is it defined?
How is it defined?
Posted on 3/31/25 at 3:53 pm to Chucktown_Badger
quote:
where the home is.
Plaquemine.
Posted on 3/31/25 at 3:55 pm to N2cars
quote:
When did it start?
Brandon!
quote:
How is it defined?
Brandon!
Posted on 3/31/25 at 3:55 pm to Cosmo
quote:
Home prices are dropping
Minimally
Negatively here
As in, still climbing.
Location, location, fml.
Posted on 3/31/25 at 3:56 pm to forkedintheroad
Yep.
Prices climbing like a homesick angel in my hood.
Prices climbing like a homesick angel in my hood.
Posted on 3/31/25 at 3:56 pm to N2cars
quote:
General location?
Dutchtown
Posted on 3/31/25 at 3:57 pm to F1y0n7h3W4LL
Oh.
ETA:
The average home value in Geismar, LA, which includes the "Dutch Town" area, is $363,627, up 3.5% over the past year, according to Zillow.
Zillow says market is up over last year in Dutchtown.
ETA:
The average home value in Geismar, LA, which includes the "Dutch Town" area, is $363,627, up 3.5% over the past year, according to Zillow.
Zillow says market is up over last year in Dutchtown.
This post was edited on 3/31/25 at 4:01 pm
Posted on 3/31/25 at 4:02 pm to sidewalkside
quote:
Home prices are dropping
Not anywhere worth a damn
Posted on 3/31/25 at 4:06 pm to IT_Dawg
quote:
Our federal government needs to be cut by 90% and everything be given back to the States. Only thing that’s going to save us.
Taking the country back to 1825 isn’t going to save anything
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