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Started By
Message
U.S. pending home sales have fallen to a new all-time low
Posted on 2/28/25 at 8:10 am
Posted on 2/28/25 at 8:10 am
Worse than Covid.
Worse than post 2008.
Pour one out for your Realtor friends.
Worse than post 2008.
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37
Posted on 2/28/25 at 8:14 am to stout
I’m looking to sell in about a year and a half. How will we look then?
Posted on 2/28/25 at 8:15 am to stout
quote:
Pour one out for
Our economy. Lotta bad signs out there right now including a way overvalued market, labor market contraction, stubborn inflation, and a whole shite ton of uncertainty due to possible tariffs, booting of illegals, and DOGE turning the screws on State and Local governments to cover for loss of Fed money.
It was nice to see this morning's inflation report was about steady instead of showing a spike.
Posted on 2/28/25 at 8:17 am to mmmmmbeeer
quote:
booting of illegals,
You are such a cuck for illegals.
I bet you would feel differently if one creampied your daughter
This post was edited on 2/28/25 at 8:18 am
Posted on 2/28/25 at 8:18 am to HeadCall
quote:
I’m looking to sell in about a year and a half. How will we look then?
If I knew how to predict that I would be retired on an island I own
Posted on 2/28/25 at 8:19 am to stout
But, you might be right this time.
Posted on 2/28/25 at 8:20 am to stout
Homes are pretty unaffordable for the youths
Posted on 2/28/25 at 8:21 am to stout
The economy is cyclical, and every expansion leads to a contraction to weed out bad investment. Biden stifled this expansion so the coming recession will probably suck moreso than usual.
Posted on 2/28/25 at 8:22 am to stout
quote:
You are such a cuck for illegals.
I want the criminals out, which is what ya boy promised to do.
Instead, he's sending ICE into schools, churches, and workplaces going after the people who are peaceful contributors to our economy. Get rid of those with rap sheets and reevaluate. If we still need to reduce the numbers and the economy can support their departure, have at it.
Posted on 2/28/25 at 8:24 am to stout
My house is ready for the market but I just can't bring myself to put it up.
Plus there just isn't much for sale right now either, I assume for the same reasons.
It sucks because we are ready to move. Terrible timing as always.
Plus there just isn't much for sale right now either, I assume for the same reasons.
It sucks because we are ready to move. Terrible timing as always.
Posted on 2/28/25 at 8:24 am to mmmmmbeeer
quote:
Instead, he's sending ICE into schools, churches, and workplaces
Take a break from facebook man.
Posted on 2/28/25 at 8:25 am to stout
Almost every new listing I get in a few different areas in Houston is a re-list.
Posted on 2/28/25 at 8:26 am to stout
quote:
I bet you would feel differently if one creampied your daughter
Posted on 2/28/25 at 8:28 am to stout
Thanks Joe!
Posted on 2/28/25 at 8:28 am to crazyLSUstudent
quote:
Homes are pretty unaffordable for the youths
From what I can see, a lot of potential first time home buyers have simply given up trying.
Posted on 2/28/25 at 8:29 am to crazyLSUstudent
quote:
youths
The two what?
Posted on 2/28/25 at 8:29 am to lsuconnman
quote:
But, you might be right this time.
Right about what? That there will be a market correction? Does the fact that pending home sales are the lowest ever not prove I am correct? Prices will and have started coming down in areas as inventory increases. We just aren't at the point where a lot of people HAVE to sell yet. That may or may not happen en masse but it will happen for some.
Also, hedge funds are already dumping inventory in states like FL where they overbought and the rental market is shrinking along with insurance rates going up making it unjustifiable to own rentals there. They are selling at fire sale rates too, which is going to hurt comps.
No matter how you slice, certain parts of the country will see a correction. No one knows how small or major, but my city is predicted to see the worst of it according to the experts.
This post was edited on 2/28/25 at 8:31 am
Posted on 2/28/25 at 8:32 am to stout
OF stacked, realtors fricked.
Posted on 2/28/25 at 8:33 am to mmmmmbeeer
quote:
I want the criminals out
If you're here illegally you're a criminal
Posted on 2/28/25 at 8:33 am to stout
Until boomers start moving out, dying or downsizing in mass there won’t be an enough inventory.
My wife is going to hate it but we are probably in our house for another 5 years
My wife is going to hate it but we are probably in our house for another 5 years
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