Good so far, we’ve been busy. Moved in Sunday, started my job Monday and my oldest started Kindergarten Wednesday. So far the whole family is really enjoying it, I’m happy.
Thank you, I appreciate that.
Wow, really shooting for the moon with that $780,000 listing price in June.
They were probably hoping for some appreciation on the 718k purchase price.
I'm just a poor, dumb, hick, but holy crap. I can see this being real bad for a lot of people if it doesn't get under control. I don't know what that actually takes though. Hopefully just a hiccup, and things straighten out.
Honestly, I'd never given much thought to it, the dateline and such. It makes perfect sense though, you'd have a glimpse of what's coming.
I may have to work another year if this keeps up.
Rates going down won't save the market. Stock market falls 30% on avarage ONCE they start to cut. They started cuttng rates in in 2007, housing had not even begun faling yet. They cut because bad thigs are happening..
Pulled from the market -21% from the last sale price to current listing price.
Wild, and Zillow values it even lower than the list price.
Did you jump back in before the bump up?
Is that a gay porn site it was reported from?
Relax ladies. It’s from fight club.Is that a gay porn site it was reported from?
Bro first rule in fight club…!
But literally nothing changes. A couple extra forms. Sellers are still paying commissions.
Basically what one told me yesterday. They can negotiate the commission like it's always been. Or the buyer has to pay there realtor if seller refuses.
I don’t know maybe I’m being too critical.
www.zillow.com
Existing Home Sales "Still Sluggish" - Weakest July Since 2010, Record Low Affordability
...what exactly does The Fed think rate-cuts are going to do?
THU AUG 22, AT 7:25 AM
Spike the market and take away the “economy” argument. Take the focus on the fake jobs numbers.Existing Home Sales "Still Sluggish" - Weakest July Since 2010, Record Low Affordability
...what exactly does The Fed think rate-cuts are going to do?
THU AUG 22, AT 7:25 AM
Very true, unfortunately. If the market falls they won’t talk about it or at least say that’s for the rich.. Not admitting every 401k/pension is tied to the market. If it spikes it’ll be all about BidenomicsThe "MEDIA", is very Selective in what they Push In The Headlines!!
Nice house inside and out. Investors or people looking for a primary residence?OneHome™
Make your dream home happen with OneHome™. Browse properties, find rates on mortgages and insurance, and collaborate with your real estate agent in one place.portal.onehome.com
This property had an open house this past weekend, took a client of mine that was interested. There was a 20 minute line to get in. So far they have received multiple offers and are all over asking.
It’s gonna a pretty big spike when the rates drop. Not sure if it’s adding fuel or oxygen to the fire but it’s gonna be brutal. ADU’s are providing some relief in So Cal but not a long term fix. They’re mostly additional rentals and not first homes. The quick fix is to disincentivize rentals (short/long term). Make it unprofitable and a ton of supply comes back on the market. Tough to get either side to rally on that agenda.Yea Bloomberg is always willing to do their job.
Look at this chart, especially through Obama's 2nd and Trump's 1st term. Damn near identical moves from 2012 through 2019.
View attachment 1420007
It will need an implosion to get back to pre-pandemic pricing, 35% drop needed at this point. It's possible, but that's some serious cushion for owners.
Just need to make sure more people lose their jobs before the rates go down.
Funny, not really funny.
. They’ll be another round of cuts later this year based on recent earnings.Reminds me of the old owners of 2a zones houseOneHome™
Make your dream home happen with OneHome™. Browse properties, find rates on mortgages and insurance, and collaborate with your real estate agent in one place.
This property had an open house this past weekend, took a client of mine that was interested. There was a 20 minute line to get in. So far they have received multiple offers and are all over asking.
