Cmon now. The only seller incentive we want is a reduced price. The prices are ridiculous

@thejuicerr

4 ай бұрын

Econ 101: supply and demand

@nicholasmorello6370

4 ай бұрын

@@thejuicerr there’s more homes per capita than ever before. Someone has been believing msm lies

@jacobnapkins1155

3 ай бұрын

​@@thejuicerrsupplies been going up massively

@thejuicerr

3 ай бұрын

@jacobnapkins1155 It's still below pre-pandemic levels.

@jacobnapkins1155

3 ай бұрын

@@thejuicerr back to 2019 levels in some places already and permits just hit a 2 year high

Sellers refuse to lower the prices.

@02nupe

4 ай бұрын

It’s still not enough inventory so I don’t see lower prices anytime soon.

@sheepman6291

4 ай бұрын

agreed. Unless unemployment goes up. Which Is's not.@@02nupe

@nicholasmorello6370

4 ай бұрын

@@02nupewe have more homes per capita than ever before quit believing the msm lies

@jacobnapkins1155

3 ай бұрын

​@@02nupein inventory double last year and is still going up

Im in Florida and home prices have gone up 40-50% since 2021.

Main stream media needs to het their head outta thier butts and realize its not about rates. Ita the prices. Higher prices mean paying way more in property taxes not only thay insurance goes up crazy because now theres a higher "valued" property we have to insure for. Ever think of how expensive things are? Well consider HOAs increasing. Why? They have to pay the laborers livible wages to provide for thier families as well since housing is so inflated just to even rent.

Prices are crazy high need to go back to 2015 level to make it affordable.

@thejuicerr

4 ай бұрын

That my friend, will never ever in 1,000 years ever happen.

@jml9550

4 ай бұрын

While we are in wishful thinking mode, why not go back to 2008-10 level.

@stevenap4594

4 ай бұрын

It’s already happening in some areas. This isn’t some type of localized problem either (large manufacturing plant closing and people losing jobs) this is an affordability/suoply issue. Which is probably the WORST issue you could have. It causes everything to seize up and in the end, lots of businesses fail. It’s not exactly an ideal scenario for anyone.

@nicholasmorello6370

4 ай бұрын

@@thejuicerryour in for a wake up call when I buy a house for half the price it’s going for today in 5-10 years

@thejuicerr

4 ай бұрын

@nicholasmorello6370 You are still gonna be renting watching KZread in 20 years. But I'm sure you'll still think the crash is coming.

Will never sell, house promised to adult kids

How about a lower price? These prices are nuts

I can’t even afford my taxes and home insurance anymore. It went up way faster than my pay.

Ugh, where is this magical land with seller concessions? Home prices in the Bay Area are shooting to new record highs with everything selling fast and way above asking.

@stevenap4594

4 ай бұрын

SF is a stink box

@TacoGrande007

4 ай бұрын

I got lucky when I was able to buy a single family house in San Jose in 2019 before prices went crazy. The Bay Area will not go down as long as inventory stays low, companies want you back at the office, and the great weather here is one of the best in the world.

Allowing someone to pay for something over a 30 year period with a fixed interest rate pretty much guarantees that prices will be higher for that product.

If prices of the homes were lower I literally wouldn't care if the interest rate was 15%. What is wrong with the media pushing this mortgage rate narrative. Rate cuts means investors will inflate the market again

Even if fed cuts the rate by 25 basis points, home prices will shoot up atleast another 10%.

Every generation since WW2 has seen similar prices increases, and interest rates are only high compared to the interest rate SS and savers giveaway of the post great recession era. The only big difference is that Corporations taken over the "affordable homes for rentals" instead of single investors which has taken a lot more of affordable housing off the market for families. Oh and Airb&b as well...

It take 18 months for interest rates to take affect.

More puff pieces making it seem there’s some turnaround. All I hear is people can’t qualify for a loan. Period. They shouldn’t be buying. But normies will be normies and normies always make bad decisions. This is a sign of a terrible market.

Great time for big companies with funds to buy en masse and rent it out.

@aprilm4423

4 ай бұрын

Great idea. Won't happen.

If interest rates don't decline soon then home prices will have to pull back significantly.. Otherwise prepare for a bloodbath of housing price collapse.

This housing market cannot sustain without huge price corrections.

@thejuicerr

4 ай бұрын

Yet here we have been for years.

@02nupe

4 ай бұрын

@@thejuicerrexactly.

Zillow really screwed up the market and that’s just my opinion.