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re: Ten U.S. cities with the highest median home list prices

Posted on 5/20/22 at 11:09 pm to
Posted by VADawg
Wherever
Member since Nov 2011
47781 posts
Posted on 5/20/22 at 11:09 pm to
quote:

Not sure how they're defining it because Honolulu median for a 3br/2ba single family home was $1.1 mil a year ago before we left.


I've never been to Hawaii. I can't even imagine how expense it has to be to live out there considering how much shite they have to get shipped in from a pretty damn long distance.
Posted by Upperaltiger06
North Alabama
Member since Feb 2012
4206 posts
Posted on 5/21/22 at 6:05 am to
shite on that shite.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56127 posts
Posted on 5/21/22 at 6:31 am to
Well fan my brow, those cities are all in deep blue states. Hell of a coincidence huh?
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 5/21/22 at 8:01 am to
The multimillion housing market is slowing down. Smart people with money are seeing the writing on the wall.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8518 posts
Posted on 5/21/22 at 8:41 am to
quote:

The multimillion housing market is slowing down. Smart people with money are seeing the writing on the wall.


I’ll disagree with the slowing down part, not the writing on the wall part.

I don’t think even interest rates will have the effect they should as they increase. The problem driving these insane prices is lack of supply. I will say mortgage apps are down, but that’s driven by refi apps falling off.
Posted by Great Plains Drifter
Flyover, U.S.A.
Member since Jul 2019
8762 posts
Posted on 5/21/22 at 8:48 am to
All “progressive” areas no surprise. If money is no object, then no problem.

No room though for a thriving middle class, the backbone of a healthy society.

You’re either so wealthy that it has no effect on you (not yet anyway) or so poor you can’t escape it.

Isn’t progressive leftist society just wonderful?!
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 5/21/22 at 8:51 am to
quote:

I’ll disagree with the slowing down part, not the writing on the wall part.

I don’t think even interest rates will have the effect they should as they increase. The problem driving these insane prices is lack of supply. I will say mortgage apps are down, but that’s driven by refi apps falling off.


I may be wrong as a whole, but I'm going off personal knowledge to form my opinion/assessment.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 5/21/22 at 8:53 am to
quote:

Our home we sold for 2.1 million in San Jose 2 years ago has a Zestimate over 3 million.


quote:

We bought a 750K home in NW Ark


Another blue state refugee driving up red state home prices.
Posted by BamaAggiemom
Member since Aug 2019
517 posts
Posted on 5/21/22 at 9:02 am to
I'm from Texas originally. I'm coming home to the south.

I've been trying to leave California for over 27 years. Hubby was in software, and all his connections were the Silicon Valley.

He wasn't as motivated to leave California as I was.
Posted by Bass Tiger
Member since Oct 2014
53792 posts
Posted on 5/21/22 at 9:35 am to
quote:

We bought a 750K home in NW Ark that is over 4200sq ft on over an acre of land with beautiful trees blocking the view of my neighbors. Grant it we have to watch out for copperheads, but I'll take them over heroin addicts.



I love copperheads and 4200 sq ft homes in NWA…..I must warn you…NWA is drawing a lot of Wokesters to the Rogers/Bentonville and Eureka areas…..there could be a hillbilly revolt.
Posted by Zach
Gizmonic Institute
Member since May 2005
116746 posts
Posted on 5/21/22 at 9:39 am to
When I visited San Jose State U. there was a huge problem finding cops, firemen, postal workers, etc. Those salary levels were not high enough for them to buy a modest home in the city and they hated making a long commute every day.
That was more than 10 years ago so maybe they've solved the problem.
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