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Redfin: Prices surged last week 16% over '21, kicking off highest prices ever
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Date: January 17th, 2022 11:50 AM Author: wonderful confused new version https://www.redfin.com/news/housing-market-update-new-high-home-price-january/ (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43797824) |
Date: January 17th, 2022 11:52 AM Author: Walnut Azn Cuckold reminds me of 2008
buy now or rent forever (that's what they said then) |
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Date: January 17th, 2022 11:58 AM Author: flushed diverse telephone location Difference is that the Fed hadn't done bailouts before, so people knew a crash would happen like had happened in the past. Now everyone knows the Fed will print money forever. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43797873) |
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Date: January 18th, 2022 4:03 AM Author: fear-inspiring mewling abode lettuce We knew about shitty loans back then, before the crash.
What would be the catalyst for a crash this time? |
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Date: January 18th, 2022 5:35 AM Author: nudist school raising rates ==> higher mortgage payments for buyers ==> buyers can offer lower prices ==> some downward pressure on prices further pushes pries lower and into a buyers market.... no real crash, but a reduction possibly in some of the recent covid gains (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802176) |
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Date: January 18th, 2022 5:40 AM Author: fear-inspiring mewling abode lettuce All else equal, higher rates make housing harder to purchase, which reduces demand. No debate there.
But all else usually isn't equal when rates rise. Rates now are going to rise because the economy (in some respects) is on fire. |
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Date: January 18th, 2022 5:45 AM Author: nudist school I dont think net salary increases (increases minus increases in goods/services from inflation) will offset the reduction in purchasing power from rising mortgage rates. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802191) |
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Date: January 18th, 2022 5:49 AM Author: fear-inspiring mewling abode lettuce I would expect that there's also a spending shift toward housing (and away from things like vacation, dining, and travel). Who knows whether that will hold. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802192) |
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Date: January 17th, 2022 12:02 PM Author: transparent vivacious striped hyena >>The conditions are becoming increasingly challenging for first-time homebuyers, who will have to compete against more experienced buyers who are willing to do whatever it takes to win.
lol experiences buyers is code for ACCBs and private equity firms buying up the SFH stock of this country |
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Date: January 17th, 2022 9:19 PM Author: wonderful confused new version (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43800731) |
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Date: January 17th, 2022 9:20 PM Author: lilac circlehead pisswyrm Wow if only I had as much "experience" as big banks and hedge funds with infinite monopoly money being funneled to them by the Fed, maybe I'd be able to "compete" in the "home-buying marketplace"
Maybe I can watch some YouTube videos or something to get more Experience? What do you guys think? |
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Date: January 17th, 2022 9:21 PM Author: Floppy University Toilet Seat That's one option. Another one is that we deport all jews and then kill the ones remaining. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43800750) |
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Date: January 18th, 2022 2:21 AM Author: nudist school (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801906) |
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Date: January 18th, 2022 10:15 PM Author: passionate hospital (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806847) |
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Date: January 18th, 2022 10:19 PM Author: lilac circlehead pisswyrm 180 moniker (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806863) |
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Date: January 17th, 2022 9:26 PM Author: transparent vivacious striped hyena (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43800789) |
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Date: January 18th, 2022 1:41 AM Author: multi-colored space (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801823) |
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Date: January 18th, 2022 1:37 AM Author: Trip rose church building antidepressant drug (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801814) |
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Date: January 18th, 2022 1:41 AM Author: multi-colored space (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801824) |
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Date: January 18th, 2022 1:45 AM Author: Copper gas station i cant believe investment firms are allowed to essentially trade on single family homes like this -- like theyre buying fucking Apple stock or something (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801835) |
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Date: January 18th, 2022 2:23 AM Author: dead library halford Who allowed this to happen? (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801907) |
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Date: January 18th, 2022 2:23 AM Author: doobsian business firm it’s a free country haha (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801909) |
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Date: January 18th, 2022 2:25 AM Author: Violent bat shit crazy parlour scourge upon the earth SFHs were built to take GI Bill money from veterans and shuffle it to banks, so it shouldn’t be too surprising that Wall Street has found a new way to squeeze people for a few more shekels before the whole things collapses on itself (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801912) |
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Date: January 18th, 2022 2:30 AM Author: Copper gas station that doesnt seem like a similar thing at all (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801918) |
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Date: January 18th, 2022 2:34 AM Author: Violent bat shit crazy parlour scourge upon the earth SFHs were just an instrument for the elite to make money, and here we are again (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801926) |
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Date: January 18th, 2022 3:01 AM Author: sadistic stage dog poop You think homes are built so people can live in them? Only real societies have stuff like that.
Here's your pussy implant and Wokeness Monitor, you GC fuckmeat. |
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Date: January 18th, 2022 3:06 AM Author: Violent bat shit crazy parlour scourge upon the earth (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801958) |
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Date: January 18th, 2022 5:35 AM Author: nudist school investments firms are people too (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802177) |
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Date: January 18th, 2022 1:38 AM Author: Insecure Tank Lol (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801818) |
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Date: January 18th, 2022 1:40 AM Author: Avocado Theater Stage Headpube Covid has been great for my home value. Everyone is looking because of work from home. Keep the variants coming!!! (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801822) |
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Date: January 18th, 2022 9:23 PM Author: glassy arousing sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806626) |
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Date: January 18th, 2022 3:03 AM Author: Appetizing wine state bought a home in phoenix 9 months ago, have had 25% increase in value since then, per zillow (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801957) |
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Date: January 18th, 2022 3:22 AM Author: sadistic stage dog poop Phoenix will continue skyrocketing. It's long been a value market. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801980) |
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Date: January 18th, 2022 3:25 AM Author: Abnormal Chrome Legend Nursing Home Wayne State bros popping corks. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43801989) |
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Date: January 18th, 2022 9:58 PM Author: Gay haunted graveyard stag film (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806775) |
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Date: January 18th, 2022 4:27 AM Author: fear-inspiring mewling abode lettuce Phoenix's attraction was value. That's almost gone. Then what? By some measures the value proposition is already gone. Phoenix is now hitting lists of the least affordable metro areas. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802088) |
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Date: January 18th, 2022 11:38 AM Author: sadistic stage dog poop It's unaffordable for the people from there. Not the coasts. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43803345) |
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Date: January 19th, 2022 6:03 PM Author: fear-inspiring mewling abode lettuce Right, but that describes a lot of cities. Phoenix is losing (or has already lost) one of its key selling points. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43811345) |
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Date: January 18th, 2022 4:25 AM Author: fear-inspiring mewling abode lettuce I'm seriously considering moving out of Arizona. I'm giving it about one more year to see whether shit mellows out (it won't). It's already overpriced for what you get. Another 15%+ works be flat out fucking absurd. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43802084) |
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Date: January 18th, 2022 10:20 PM Author: wonderful confused new version where will you go though. everywhere else around there is even more expensive. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806867) |
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Date: January 19th, 2022 6:02 PM Author: fear-inspiring mewling abode lettuce I dunno yet. We'll have to see. Texas? North Carolina? Any suggestions? (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43811337) |
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Date: January 20th, 2022 4:23 AM Author: sadistic stage dog poop Does Tucson seem as crazy pricewise? Not sure if rents are going up as much. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43813601) |
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Date: January 20th, 2022 5:29 AM Author: fear-inspiring mewling abode lettuce Prices aren't as high as in Phoenix, but they're going up at a similar rate. The last local rent numbers I saw for 2 bd. apartments had about a $200 gap between them. (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43813648) |
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Date: January 18th, 2022 9:01 PM Author: flushed diverse telephone location 1800000 inflation (http://www.autoadmit.com/thread.php?thread_id=5009607&forum_id=2#43806529) |