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re: The insanity of housing prices these days
Posted on 12/27/21 at 1:48 pm to Athis
Posted on 12/27/21 at 1:48 pm to Athis
quote:
POS tear down a few houses from me just sold for $590,000.
quote:
This is in Bucktown..
Yeah, this is def. off. Even the lots closer to Bonnabel that are 50 X 150 or 156 aren't going for near that amount.
0
Posted on 12/27/21 at 1:49 pm to Athis
Crash signals are already going off in my area of metro ATL.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
Posted on 12/27/21 at 2:32 pm to deeprig9
quote:
Crash signals are already going off in my area of metro ATL.
quote:
Until the latest one...
Your "Crash Signals" are one home in a subdivision of 174 homes staying on the market for a month during holiday season? To top it off, this home was originally sold to Zillow
Maybe explaining your definition of "Crash" would help.
Metropolitan Atlanta is home to 6,000,000+ people
This post was edited on 12/27/21 at 2:36 pm
Posted on 1/21/22 at 6:27 pm to USMEagles
Posted on 1/21/22 at 6:31 pm to chalmetteowl
Wow.
That carport bugs me though.
That carport bugs me though.
Posted on 1/21/22 at 6:31 pm to deeprig9
quote:
Crash signals are already going off in my area of metro ATL.
My subdivision of 174 houses (90's builds) hasn't had a house sit on the market for more than a week in the last three years, and prices steadily getting higher and higher.
Until the latest one... the sellers sold to zillow above list. Zillow relisted for about the same price shortly thereafter. It's been sitting for over a month now. It seems the peak has been reached, here.
This post was edited on 1/21/22 at 6:32 pm
Posted on 1/21/22 at 7:07 pm to LSUFanHouston
It’s funny how short term societies memory has become. In 2016, 200k could put you in a great 3/2 1500 sqft starter house in a good school district with a .25 -1acre lot in every corner of Louisiana.
Posted on 1/21/22 at 7:09 pm to Devilsturn
quote:
in every corner of Louisiana.
BS
Posted on 1/22/22 at 8:20 am to notiger1997
How so?
NW corner -Shreveport- Byrd high school
NE corner -Monroe -Nevelle High
SE corner - Denham- Denham High
SW corner - Lake Charles - Barbe
That’s all 4 corners….
In 2016 all had starter homes under 200k (some still do) and have a good school available….
NW corner -Shreveport- Byrd high school
NE corner -Monroe -Nevelle High
SE corner - Denham- Denham High
SW corner - Lake Charles - Barbe
That’s all 4 corners….
In 2016 all had starter homes under 200k (some still do) and have a good school available….
Posted on 1/22/22 at 8:25 am to Devilsturn
quote:
How so?
Pretty sure the average person would interpret “every corner” as a turn of phrase meaning “every part” and not literally just the corners
Posted on 1/22/22 at 8:28 am to LSUFanHouston
Its crazy here in Ponchatoula. Houses are being sold before they even are officially listed and they are going for asking price and sometimes ppl are bidding on them and driving the price up. It is totally insane, When the market does crash their will be a ton of ppl who will be completely fricked they be so upside down.
Posted on 1/22/22 at 8:50 am to Ponchy Tiger
The wife and I have been looking into moving to a bigger house. Not going to happen in this housing market. Probably just renovate a few things and sit tight until the insanity ends.
Posted on 1/22/22 at 4:21 pm to Ponchy Tiger
quote:
Houses are being sold before they even are officially listed and they are going for asking price and sometimes ppl are bidding on them and driving the price up.
supply and demand, bro... it is crazy right now, but inventory is extremely fricking low, so anything of decent worth on the market is seeing stupid money thrown at it, just simply for the reason of being on the market...
Posted on 1/22/22 at 5:14 pm to LSUFanHouston
quote:Same
bought my house in 2015 for 160K
Posted on 1/22/22 at 5:19 pm to tigergirl10
Chances this ends like 2007?
Posted on 1/22/22 at 5:22 pm to chalmetteowl
$519k to live in Chalmette lol
It look renovated but
It look renovated but
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