- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Realtor Buddy Called Me
Posted on 6/14/22 at 8:25 pm
Posted on 6/14/22 at 8:25 pm
Says his pending home sales have plummeted May/June. Use to average 4 closings a month. This month 0
33
Posted on 6/14/22 at 8:26 pm to Catchfalaya
My house in California has been on for a week and only one showing. It has slowed to a crawl now.
Posted on 6/14/22 at 8:26 pm to Catchfalaya
Hell even BlackRock must be tapped out.
Posted on 6/14/22 at 8:27 pm to Catchfalaya
It's coming. And I take no pleasure in saying that.
Posted on 6/14/22 at 8:27 pm to Catchfalaya
It's bad. The jump in rates just over the past two days in unreal.
Posted on 6/14/22 at 8:28 pm to Catchfalaya
quote:
Says his pending home sales have plummeted May/June. Use to average 4 closings a month. This month 0
frick him....I'm sure he had no problem gigging all the local first time buyers when some douchebag moving in from the Bay Area outbid all the locals.
Posted on 6/14/22 at 8:28 pm to Catchfalaya
Sounds lazy
My wife has 6 closings this month and 3 new listings
My wife has 6 closings this month and 3 new listings
Posted on 6/14/22 at 8:29 pm to Wolfhound45
Joe’s tired of the lies!
Damn Republican lies!!
All of it!!
Arrggggh!!
Damn Republican lies!!
All of it!!
Arrggggh!!
Posted on 6/14/22 at 8:30 pm to Wolfhound45
Fox 8
"With the hurricane season underway, thousands of Louisiana policyholders face a storm of insurance cancelations in a matter of days. And many are not pleased, along with some insurance agents.
Sofia Dheming has no choice but to purchase new homeowners’ insurance.
“We have a couple of quotes, the highest I got was like $9,000, so that was like three times the amount we were paying originally and then we came down to $4,700 and that’s a lot of deductions that we took out, stuff that we may need but we had to make it work,” said Dheming.
She had received a letter a day earlier.
“We have some carriers now that’s taking policies and the rate increase is 40%, 50%. I don’t care what anybody gets up here and say, oh it’s not going up that high. I know, my office is a huge insurance agency. We see renewals come in from $2,000 to $4,000 or $5,000 every day,” said Fayard.
Dheming is also a realtor and is seeing the impacts of the current insurance landscape on homebuying.
“Flood insurance is going up as they are, we have now homeowners’ insurance that’s going to go up and you know interest rates are going up,” she said."
There is a mass exodus of residents moving north right because of not only the rising interest rates but the astronomical property & casualty insurance rates.
"With the hurricane season underway, thousands of Louisiana policyholders face a storm of insurance cancelations in a matter of days. And many are not pleased, along with some insurance agents.
Sofia Dheming has no choice but to purchase new homeowners’ insurance.
“We have a couple of quotes, the highest I got was like $9,000, so that was like three times the amount we were paying originally and then we came down to $4,700 and that’s a lot of deductions that we took out, stuff that we may need but we had to make it work,” said Dheming.
She had received a letter a day earlier.
“We have some carriers now that’s taking policies and the rate increase is 40%, 50%. I don’t care what anybody gets up here and say, oh it’s not going up that high. I know, my office is a huge insurance agency. We see renewals come in from $2,000 to $4,000 or $5,000 every day,” said Fayard.
Dheming is also a realtor and is seeing the impacts of the current insurance landscape on homebuying.
“Flood insurance is going up as they are, we have now homeowners’ insurance that’s going to go up and you know interest rates are going up,” she said."
There is a mass exodus of residents moving north right because of not only the rising interest rates but the astronomical property & casualty insurance rates.
Posted on 6/14/22 at 8:30 pm to theRealJesseD
I do wonder what this means for various price ranges of houses.
For instance, do people focus on houses that are lower end of the market, rather than upper end of the market?
Do more houses get sold under 100K as opposed to over 200-300K?
Just curious. Going to be trying to sell a condo under 80K in the Alaska market. Wonder what rising interest rates will do.
For instance, do people focus on houses that are lower end of the market, rather than upper end of the market?
Do more houses get sold under 100K as opposed to over 200-300K?
Just curious. Going to be trying to sell a condo under 80K in the Alaska market. Wonder what rising interest rates will do.
Posted on 6/14/22 at 8:34 pm to SouthEasternKaiju
quote:
Joe’s tired of the lies! Damn Republican lies!! All of it!! Arrggggh!!
Posted on 6/14/22 at 8:37 pm to Catchfalaya
Good. Maybe the bullshite offerings of $50k-$60k over asking price will stop.
This post was edited on 6/14/22 at 8:38 pm
Posted on 6/14/22 at 8:38 pm to Catchfalaya
Anecdotal; I own a pest control company here in Florida. Quite a bit of my business is doing Wood Destroying Organism reports for home buyers.
I've gone from doing about 2-3 a day a few months ago to doing about 3 a week now.
I've gone from doing about 2-3 a day a few months ago to doing about 3 a week now.
Posted on 6/14/22 at 8:41 pm to gaetti15
He mentioned that many people that would be buying the $350K-$550K second homes after a starter are back down to settling for a starter because rates are screwing their DTI ratios.
Posted on 6/14/22 at 8:42 pm to Catchfalaya
Rates will be between 5.50-6% by the end of the week.
And housing prices are still extraordinarily high.
A lot of people can’t afford to move.
And housing prices are still extraordinarily high.
A lot of people can’t afford to move.
Posted on 6/14/22 at 8:42 pm to Poohbear8487
Old coot is trying to manufacture bold leadership by pushing false bravado
Posted on 6/14/22 at 8:45 pm to Catchfalaya
The only upside in this is maybe not every soccer mom will be a side hustle real estate agent. Other than that, this is really going to suck.
Posted on 6/14/22 at 8:47 pm to Catchfalaya
The market is awful now. I can attest to that.
Posted on 6/14/22 at 8:50 pm to SouthEasternKaiju
quote:
Joe’s tired of the lies!
Posted on 6/14/22 at 8:52 pm to theRealJesseD
quote:
My wife has 6 closings this month and 3 new listings
Tell her to stop sleeping with clients
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News