Started By
Message

re: Homes bought in 2022 and 2023 are starting to hit the market

Posted on 3/3/26 at 5:53 pm to
Posted by Sharlo
Van down by the river.
Member since Oct 2021
1636 posts
Posted on 3/3/26 at 5:53 pm to
quote:

With the economy faltering in certain sectors the market will correct itself soon n house prices.


Yep, some of the AI-related layoffs are going to feed this. Sucks for folks who are stuck and then got laid off.
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
108046 posts
Posted on 3/3/26 at 5:54 pm to
Bought ours in 2020 and it's increased in value by about 150K since we bought (not including upgrades we've done in/on the house itself). That said, we have an under 3% mortgage rate. And houses are still wildly overpriced in our area. So no real incentive to move just yet.
Posted by LanierSpots
Sarasota, Florida
Member since Sep 2010
71098 posts
Posted on 3/3/26 at 6:40 pm to
quote:

Indeed.
I say that as a 2024 buyer, which is up there too.



Same. Closed in Jan 24.


Posted by MSTiger33
Member since Oct 2007
21663 posts
Posted on 3/3/26 at 6:45 pm to
2.8% jumbo. Only way I am leaving is feet first
Posted by GreatLakesTiger24
Member since May 2012
60710 posts
Posted on 3/3/26 at 6:49 pm to
quote:

As of now, I have zero thoughts of moving for a long time.


i'm not specifically saying this about you, but maybe this is a good thing if a lot of people feel this way.americans, especially more upper middle class americans, have become far too mobile. boomers sort of kicked it off and their kids took it to a new level.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139484 posts
Posted on 3/3/26 at 6:50 pm to
I have a 2.25% mortgage, but am building another home, so I will lose it when I sell. But, new home will have no mortgage.
Posted by jdaute2
lafayette, LA
Member since Nov 2012
2321 posts
Posted on 3/3/26 at 6:51 pm to
Bought a new build in October 2020 and paid exactly what we were willing to spend and pretty checked most boxes. Financed at 2.49% after selling our old house ourselves and our buyer didn’t use a realtor either so we saved a chunk in that regard as well. We were fortunate and Everything just kinda worked out very well. Could like sell our house now for $120-150 more than what we paid but it wouldn’t do us any good as all the comps are that price now and the rates are more than double. We’re happy where we are though and the house won’t be too big once the kids are gone, which will be a while. I feel for some of these homeowners getting squeezed. Can be a very stressful situation.
Posted by Turnblad85
Member since Sep 2022
5564 posts
Posted on 3/3/26 at 6:54 pm to
Want to move but don't want to lose the rate check-in crew right here.


Posted by dkreller
Laffy
Member since Jan 2009
34015 posts
Posted on 3/3/26 at 6:54 pm to
quote:

I bought a place in NY in 2021 for about 300k over its value and I’ve regretted it since it’s small at 900 square feet. Been absolute hell trying to sell it now but the rate was good at 3.9%.

Holy shite
Posted by Penrod
Member since Jan 2011
55601 posts
Posted on 3/3/26 at 7:14 pm to
quote:

I have a 2.25% mortgage, but am building another home, so I will lose it when I sell.

Have you considered renting it? That way you could keep that sweet mortgage and make money off of it.
Posted by hawkeye007
Member since Feb 2010
6297 posts
Posted on 3/3/26 at 7:18 pm to
History tells us only way to drive down homes and interest rate is a recession.
Posted by VOLhalla
Knoxville
Member since Feb 2011
5138 posts
Posted on 3/3/26 at 7:21 pm to
Depends on where you’re at. We bought our current house in the summer of 22 and a house on our street sold recently at double the price per square feet
Posted by LanierSpots
Sarasota, Florida
Member since Sep 2010
71098 posts
Posted on 3/3/26 at 7:25 pm to
quote:

i'm not specifically saying this about you, but maybe this is a good thing if a lot of people feel this way.americans, especially more upper middle class americans, have become far too mobile. boomers sort of kicked it off and their kids took it to a new level.


Yea, Im 59 years old and this is the 4th house I have lived in since I was born. Two before I was 20, second one since


Posted by udtiger
Over your left shoulder
Member since Nov 2006
115478 posts
Posted on 3/3/26 at 8:38 pm to
quote:

You can pry my 3% mortgage from my cold, dead fingers


2.35% on a 15 year mortgage.

I aint going anywhere!
Posted by Rrrrroger
Member since Mar 2021
1346 posts
Posted on 3/3/26 at 9:18 pm to
See quite a few in Rutherford and Wilson co
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram