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US Home Prices Decelerate For 4th Straight Month

https://www.zerohedge.com/personal-finance/us-home-prices-de...
kink-friendly contagious kitty cat
  01/25/22
didnt click, but decelerate means still rising but growth ra...
diverse free-loading corner digit ratio
  01/25/22
Going up, not as fast.
Nudist olive party of the first part athletic conference
  01/25/22
Ok phew
bonkers multi-billionaire principal's office
  01/25/22
this is consistent with anecdotal shit ive been hearing even...
diverse free-loading corner digit ratio
  01/25/22
We’ve been actively looking for a new place for a coup...
Nudist olive party of the first part athletic conference
  01/25/22
I've given up I'm either renting forever or moving to the m...
kink-friendly contagious kitty cat
  01/25/22
We’re in the Midwest. If you’re a shitlib please...
Nudist olive party of the first part athletic conference
  01/25/22
Also don't move to TX or FL.
self-centered blood rage
  01/25/22
i dont understand the "giving up" faggotry. u n...
diverse free-loading corner digit ratio
  01/25/22
Psychological barrier of paying $1.5 million to live in a 19...
kink-friendly contagious kitty cat
  01/25/22
then move to a white area
diverse free-loading corner digit ratio
  01/25/22
but have you considered the opera?
Nudist olive party of the first part athletic conference
  01/25/22
...
diverse free-loading corner digit ratio
  01/25/22
Then that white area looks like he just described 5 years ou...
self-centered blood rage
  01/25/22
Also the whole transaction is extremely skewed towards selle...
Embarrassed to the bone razzle-dazzle den
  01/25/22
bidding war = paying a higher price. the inspection waiv...
diverse free-loading corner digit ratio
  01/25/22
at least in part because people are afraid of selling
talking mood lay
  01/25/22
Why would anyone sell? You can’t get another house. An...
Coral vigorous temple
  01/25/22
Gotta sell your $1.5 million Los Angeles shitbox so you can ...
onyx elastic band people who are hurt
  01/25/22
mods
Ungodly Erotic Station
  01/25/22
boomers could be selling so they can cash out in the hot mar...
diverse free-loading corner digit ratio
  01/25/22
There is a ton of pent up demand of people who changed jobs ...
Internet-worthy Lascivious Idea He Suggested Gaming Laptop
  01/25/22
I might sell and just rent a place for a year or two until t...
Carnelian school
  01/25/22
yeah hence every realtor complaining about a lack of invento...
copper arrogant garrison
  01/25/22
I’m gonna keep hoarding cash and will buy when prices ...
Appetizing Charcoal Milk Crotch
  01/25/22
im gay
kink-friendly contagious kitty cat
  01/25/22
surely now young families will afford homes
bull headed hall partner
  01/25/22
tons of smart young families waiting on the sidelines stacki...
Appetizing Charcoal Milk Crotch
  01/25/22
lol americans dont stack cash
diverse free-loading corner digit ratio
  01/25/22
...
misunderstood wine lettuce church building
  01/25/22
Friend just paid $60k over asking for a home that was listed...
Grizzly Marvelous Factory Reset Button
  01/25/22
u'd think, but who knows. has this ever happened at any poin...
diverse free-loading corner digit ratio
  01/25/22
Says who? Do you know what home prices look like in Europe?
self-centered blood rage
  01/25/22
housing market always slows down in the winter
mentally impaired immigrant clown
  01/25/22
If you’re in flyover stupid not to sell right now. If ...
Ungodly Erotic Station
  01/25/22
Rate this recently sold $3.3M home in SF bay area https:/...
vibrant library juggernaut
  01/25/22
funny they spent several grand on staging yet couldnt spend ...
diverse free-loading corner digit ratio
  01/25/22
why bother? staging is cheap and covered by realtor
vibrant library juggernaut
  01/25/22
staging costs a couple grand. sellers usually have to pa...
diverse free-loading corner digit ratio
  01/25/22
Some realtors cover staging - most don’t. For a 3....
Heady silver stain abode
  01/25/22
I've never paid for staging. Realtors have always covered i...
self-centered blood rage
  01/25/22
not in high COL markets - it's a drop in bucket compared to ...
vibrant library juggernaut
  01/25/22
Honestly this is lovely. A lot better than I thought, and ni...
Heady silver stain abode
  01/25/22
Burlingame is a TTT nothing town south of the city but still...
Internet-worthy Lascivious Idea He Suggested Gaming Laptop
  01/25/22
"Half acre though, so could buy and turn into a 5000+ s...
self-centered blood rage
  01/25/22
cr and deal with SFBA regulatory process that will never ...
diverse free-loading corner digit ratio
  01/25/22
And even if they do, it'll take like 10 years, during which ...
self-centered blood rage
  01/25/22
schools are actually some of the best in the area and have m...
vibrant library juggernaut
  01/25/22
Huh has this changed in the last 15 years? It’s been ...
Internet-worthy Lascivious Idea He Suggested Gaming Laptop
  01/25/22
i think it's gone up because there are fewer ahem races that...
vibrant library juggernaut
  01/25/22
Would be fine for $700-900k.
self-centered blood rage
  01/25/22
I just put an offer on a house for $300,000 less than asking...
outnumbered place of business
  01/25/22
unless it's a $5M+ home, there's a good chance the seller wo...
diverse free-loading corner digit ratio
  01/25/22
The house has been siting for 30+ days and our realtor is we...
outnumbered place of business
  01/25/22


Poast new message in this thread



Reply Favorite

Date: January 25th, 2022 11:21 AM
Author: kink-friendly contagious kitty cat

https://www.zerohedge.com/personal-finance/us-home-prices-decelerate-4th-straight-month

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844151)



Reply Favorite

Date: January 25th, 2022 11:28 AM
Author: diverse free-loading corner digit ratio

didnt click, but decelerate means still rising but growth rate slowing or tapering off?

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844184)



Reply Favorite

Date: January 25th, 2022 11:29 AM
Author: Nudist olive party of the first part athletic conference

Going up, not as fast.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844187)



Reply Favorite

Date: January 25th, 2022 11:31 AM
Author: bonkers multi-billionaire principal's office

Ok phew

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844194)



Reply Favorite

Date: January 25th, 2022 11:33 AM
Author: diverse free-loading corner digit ratio

this is consistent with anecdotal shit ive been hearing even in hot markets. still extremely low inventory and selling quickly, but not so many crazy bidding wars. this is going to have to taper off at some point

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844217)



Reply Favorite

Date: January 25th, 2022 11:50 AM
Author: Nudist olive party of the first part athletic conference

We’ve been actively looking for a new place for a couple weeks and this has been our experience.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844295)



Reply Favorite

Date: January 25th, 2022 12:48 PM
Author: kink-friendly contagious kitty cat

I've given up

I'm either renting forever or moving to the midwest

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844602)



Reply Favorite

Date: January 25th, 2022 1:02 PM
Author: Nudist olive party of the first part athletic conference

We’re in the Midwest. If you’re a shitlib please stay where you are tho.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844665)



Reply Favorite

Date: January 25th, 2022 1:12 PM
Author: self-centered blood rage

Also don't move to TX or FL.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844708)



Reply Favorite

Date: January 25th, 2022 1:08 PM
Author: diverse free-loading corner digit ratio

i dont understand the "giving up" faggotry.

u need to act fast and overpay if you like something. are u giving up bc u cant afford to overpay? too stupid to overpay? cant find anything you like?

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844689)



Reply Favorite

Date: January 25th, 2022 1:27 PM
Author: kink-friendly contagious kitty cat

Psychological barrier of paying $1.5 million to live in a 1960s 3 bedroom in a school district with half ESL central American kids + fear of value dropping 30% in an instant

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844765)



Reply Favorite

Date: January 25th, 2022 1:30 PM
Author: diverse free-loading corner digit ratio

then move to a white area

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844783)



Reply Favorite

Date: January 25th, 2022 1:54 PM
Author: Nudist olive party of the first part athletic conference

but have you considered the opera?

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844910)



Reply Favorite

Date: January 25th, 2022 1:56 PM
Author: diverse free-loading corner digit ratio



(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844923)



Reply Favorite

Date: January 25th, 2022 1:54 PM
Author: self-centered blood rage

Then that white area looks like he just described 5 years out.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844913)



Reply Favorite

Date: January 25th, 2022 3:43 PM
Author: Embarrassed to the bone razzle-dazzle den

Also the whole transaction is extremely skewed towards sellers right now. Buyers are skipping inspections, engaging in bidding wars, etc. I’d rather just not deal with any of that and wait until things are more in favor of buyers (even if the price is higher by then).

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845600)



Reply Favorite

Date: January 25th, 2022 4:06 PM
Author: diverse free-loading corner digit ratio

bidding war = paying a higher price.

the inspection waiving thing totally blows, yeah. but unless you're in a super super hot market, you can still win a house by not waiving inspection if you're willing to pay the most.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845715)



Reply Favorite

Date: January 25th, 2022 11:52 AM
Author: talking mood lay

at least in part because people are afraid of selling

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844305)



Reply Favorite

Date: January 25th, 2022 11:54 AM
Author: Coral vigorous temple

Why would anyone sell? You can’t get another house. And interest rates are now 3.75%? Didn’t everyone lock in or refinance at 2.5% last year? And that’s before prices increased another $100k

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844317)



Reply Favorite

Date: January 25th, 2022 12:03 PM
Author: onyx elastic band people who are hurt

Gotta sell your $1.5 million Los Angeles shitbox so you can buy something decent when you move away.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844361)



Reply Favorite

Date: January 25th, 2022 1:01 PM
Author: Ungodly Erotic Station

mods

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844660)



Reply Favorite

Date: January 25th, 2022 12:45 PM
Author: diverse free-loading corner digit ratio

boomers could be selling so they can cash out in the hot market.

people could be moving for work etc

if you're selling, you can get another house. it just might be shitty and overpriced. but you can sell your shitty and overpriced house and it's a wash

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844579)



Reply Favorite

Date: January 25th, 2022 1:59 PM
Author: Internet-worthy Lascivious Idea He Suggested Gaming Laptop

There is a ton of pent up demand of people who changed jobs and have started 100% remote but will move when offices reopen. Between that and the interest rates going up the crazy low inventory levels could change rapidly and prices could get pretty kooky in softer markets. It seems like a great time to sell now/until March and potentially a better time to buy later this year.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844966)



Reply Favorite

Date: January 25th, 2022 1:12 PM
Author: Carnelian school

I might sell and just rent a place for a year or two until this insanity crashes. Kinda getting tired of my place anyway and I'd probably get double what I paid 5 years ago.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844709)



Reply Favorite

Date: January 25th, 2022 1:37 PM
Author: copper arrogant garrison

yeah hence every realtor complaining about a lack of inventory for the last 2 years.

only people selling desirable homes in nice towns are those who absolutely need to (e.g. divorce, death, relocation to low COL state after kids are grown).

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844807)



Reply Favorite

Date: January 25th, 2022 12:47 PM
Author: Appetizing Charcoal Milk Crotch

I’m gonna keep hoarding cash and will buy when prices finally crash. I’m a genius.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844596)



Reply Favorite

Date: January 25th, 2022 12:48 PM
Author: kink-friendly contagious kitty cat

im gay

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844606)



Reply Favorite

Date: January 25th, 2022 12:57 PM
Author: bull headed hall partner

surely now young families will afford homes

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844643)



Reply Favorite

Date: January 25th, 2022 1:05 PM
Author: Appetizing Charcoal Milk Crotch

tons of smart young families waiting on the sidelines stacking cash while the rest of you idiots buy into a short term temporary housing bubble

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844678)



Reply Favorite

Date: January 25th, 2022 1:08 PM
Author: diverse free-loading corner digit ratio

lol americans dont stack cash

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844692)



Reply Favorite

Date: January 25th, 2022 1:53 PM
Author: misunderstood wine lettuce church building



(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844905)



Reply Favorite

Date: January 25th, 2022 1:09 PM
Author: Grizzly Marvelous Factory Reset Button

Friend just paid $60k over asking for a home that was listed for double what it was worth versus 5 years ago. He also waived inspection. The house is ugly.

This can't last forever.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844695)



Reply Favorite

Date: January 25th, 2022 1:12 PM
Author: diverse free-loading corner digit ratio

u'd think, but who knows. has this ever happened at any point in 20/21 century american history? until last year, i didnt even know it was possible to pay above list for a house.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844713)



Reply Favorite

Date: January 25th, 2022 1:13 PM
Author: self-centered blood rage

Says who? Do you know what home prices look like in Europe?

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844716)



Reply Favorite

Date: January 25th, 2022 1:11 PM
Author: mentally impaired immigrant clown

housing market always slows down in the winter

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844707)



Reply Favorite

Date: January 25th, 2022 1:13 PM
Author: Ungodly Erotic Station

If you’re in flyover stupid not to sell right now. If you’re in a hot market you’d be stupid to sell though. Former is a bubble the latter is supply and demographics driven.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844718)



Reply Favorite

Date: January 25th, 2022 1:33 PM
Author: vibrant library juggernaut

Rate this recently sold $3.3M home in SF bay area

https://www.redfin.com/CA/Burlingame/106-Los-Montes-Dr-94010/home/1023733

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844790)



Reply Favorite

Date: January 25th, 2022 1:38 PM
Author: diverse free-loading corner digit ratio

funny they spent several grand on staging yet couldnt spend $3k on a new suite of entry-level kitchen appliances to the photos of the kitchen look decent

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844810)



Reply Favorite

Date: January 25th, 2022 1:39 PM
Author: vibrant library juggernaut

why bother? staging is cheap and covered by realtor

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844814)



Reply Favorite

Date: January 25th, 2022 1:53 PM
Author: diverse free-loading corner digit ratio

staging costs a couple grand.

sellers usually have to pay for the staging out of pocket. do xo mfes disagree?

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844908)



Reply Favorite

Date: January 25th, 2022 2:02 PM
Author: Heady silver stain abode

Some realtors cover staging - most don’t.

For a 3.3 million house that will sell instantly, I’d pay it if I were the realtor. Rather, I’d make the buyer pay it but reimburse from my commission (to make sure they’re actually serious about selling).

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844987)



Reply Favorite

Date: January 25th, 2022 2:02 PM
Author: self-centered blood rage

I've never paid for staging. Realtors have always covered it.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844990)



Reply Favorite

Date: January 25th, 2022 2:21 PM
Author: vibrant library juggernaut

not in high COL markets - it's a drop in bucket compared to fees.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845118)



Reply Favorite

Date: January 25th, 2022 1:59 PM
Author: Heady silver stain abode

Honestly this is lovely. A lot better than I thought, and nicer than a lot of the ridiculous Bay Area houses that get posted here. I dont know the area, but the schools get okay ratings.



(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43844962)



Reply Favorite

Date: January 25th, 2022 2:05 PM
Author: Internet-worthy Lascivious Idea He Suggested Gaming Laptop

Burlingame is a TTT nothing town south of the city but still 30 min north of SV proper. Schools are mediocre and will be half full of ESL Latinos. Not the least desirable place on the peninsula but pretty far down the list. I agree the house itself is way nicer than most of the Bay Area atrocities that are poasted on here, but < 1900 sqft is pretty small eg way small for a family of four especially in a place that is kind of lame and far from everything. Half acre though, so could buy and turn into a 5000+ sqft monster mansion, which could be cool for a rich single dude who works in the city and is into planes and boats.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845011)



Reply Favorite

Date: January 25th, 2022 2:11 PM
Author: self-centered blood rage

"Half acre though, so could buy and turn into a 5000+ sqft monster mansion"

Just buy a $3.3m teardown, bro.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845054)



Reply Favorite

Date: January 25th, 2022 2:13 PM
Author: diverse free-loading corner digit ratio

cr

and deal with SFBA regulatory process that will never let you build your mcmansion

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845068)



Reply Favorite

Date: January 25th, 2022 2:23 PM
Author: self-centered blood rage

And even if they do, it'll take like 10 years, during which time you ???

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845135)



Reply Favorite

Date: January 25th, 2022 2:21 PM
Author: vibrant library juggernaut

schools are actually some of the best in the area and have mostly white kids which is a rarity, which is why it's one of the most expensive burbs between SF and SV

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845122)



Reply Favorite

Date: January 25th, 2022 8:07 PM
Author: Internet-worthy Lascivious Idea He Suggested Gaming Laptop

Huh has this changed in the last 15 years? It’s been a while but when I lived in SF the schools were good compared to the city but LOLSPS compared to basically any place between Menlo Park and San Jose.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43847028)



Reply Favorite

Date: January 25th, 2022 8:18 PM
Author: vibrant library juggernaut

i think it's gone up because there are fewer ahem races that the Ivy League finds undesirable if you know what i mean

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43847113)



Reply Favorite

Date: January 25th, 2022 2:11 PM
Author: self-centered blood rage

Would be fine for $700-900k.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43845048)



Reply Favorite

Date: January 25th, 2022 8:25 PM
Author: outnumbered place of business

I just put an offer on a house for $300,000 less than asking. There's a good chance the seller will say it is "insulting", even though I'm offering what it was worth on Zillow just 4 months ago and $100,000 more than it was worth on Zillow last year...

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43847152)



Reply Favorite

Date: January 25th, 2022 8:26 PM
Author: diverse free-loading corner digit ratio

unless it's a $5M+ home, there's a good chance the seller wont respond

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43847157)



Reply Favorite

Date: January 25th, 2022 8:37 PM
Author: outnumbered place of business

The house has been siting for 30+ days and our realtor is well connected in our community and he thought it made sense.

The thing is no one has a fucking clue right now. 2 people could tour it tomorrow and bid it up to $300,000 over asking.

A year from now this house could be selling for $400,000 or $4,000,000. We're in the wild west.

(http://www.autoadmit.com/thread.php?thread_id=5016410&forum_id=2#43847272)