The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Home prices are down in every one of the top 58 metros
Poast new message in this thread
Date: December 7th, 2022 4:21 PM Author: histrionic nudist temple https://fortune.com/2022/12/02/housing-prices-data-top-metros-predictions/
btw, home prices never decline anymore. tyia |
Date: December 8th, 2022 10:37 AM Author: histrionic nudist temple (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603245) |
|
Date: December 8th, 2022 10:43 AM Author: infuriating house-broken station teehee (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603285) |
|
Date: December 8th, 2022 10:46 AM Author: chartreuse double fault crackhouse Why do you care you sexpat fag (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603306) |
 |
Date: December 8th, 2022 10:52 AM Author: histrionic nudist temple cuz I care about USA Housing/healthcare is almost as bad for USA as the Jews are |
|
Date: December 8th, 2022 11:04 AM Author: know-it-all confused home (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603405) |
|
Date: December 8th, 2022 10:53 AM Author: garnet hateful jew 58 is such a random number. what's 59? (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603353) |
|
Date: December 8th, 2022 10:53 AM Author: histrionic nudist temple prob some random oil town area that still actually growing (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603358) |
|
Date: December 8th, 2022 10:54 AM Author: transparent titillating state it's crazy how overpriced places like Miami and Tampa are and that they are only down a tiny bit. There is very little economy to support such prices. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603368) |
|
Date: December 8th, 2022 10:58 AM Author: histrionic nudist temple Give it time. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603385) |
|
Date: December 8th, 2022 11:02 AM Author: Coral supple shrine WOW a 2% decline than you President Biden! 🇺🇸🇺🇸🇺🇸🇺🇸
|
|
Date: December 8th, 2022 11:11 AM Author: trip fanboi theater stage seems pretty reasonable considering rate hikes and the recent boom. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603443) |
|
Date: December 8th, 2022 11:22 AM Author: histrionic nudist temple Should be -15% nationwide I think and -30% in "hot" markets (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603494) |
|
Date: December 8th, 2022 11:24 AM Author: trip fanboi theater stage does the fact that prices have remained relatively steady in many markets despite interest rates rising make you question your prediction that a nationwide collapse is coming? (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603507) |
|
Date: December 8th, 2022 11:27 AM Author: histrionic nudist temple not at all. its still very early. we won't see a dip until summer 2023 and when student loans start to be repaid (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603531) |
|
Date: December 8th, 2022 11:31 AM Author: trip fanboi theater stage grim
the fact that another nationwide housing collapse is even possible so soon after ITE due to reckless government policy is depressing |
|
Date: December 8th, 2022 11:33 AM Author: histrionic nudist temple very to hard to say a -15% year after +50% over the last 2 is a "collapse" (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603552) |
|
Date: December 8th, 2022 11:40 AM Author: trip fanboi theater stage tell that to the people who bought at the top of the market. especially people that are locking in now at high prices and high interest rates. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603585) |
|
Date: December 8th, 2022 11:41 AM Author: histrionic nudist temple if they are buying for 10+ years, they shouldnt care about unrealized gains/losses (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603598) |
|
Date: December 8th, 2022 11:42 AM Author: trip fanboi theater stage if you bought in 2007 you were doing pretty well by 2017. still wrecked the economy in the interim. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603607) |
|
Date: December 8th, 2022 11:43 AM Author: histrionic nudist temple ya, but we "solved" the economy by going to 0%/negative rates which never happened before and we cant really do again
lets see what happens now |
|
Date: December 8th, 2022 11:44 AM Author: Lemon Frisky Lodge Maybe don't buy right now until prices adjust to be a realistic reflection of rates? (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603619) |
|
Date: December 8th, 2022 11:49 AM Author: trip fanboi theater stage just go back to 2007 and tell people not to buy ARMs with 2 year teaser rates (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603652) |
|
Date: December 8th, 2022 11:41 AM Author: Lemon Frisky Lodge Prices never should have been that high to begin with. It was a bunch of literal retards with retard-level financial understanding making a mad rush to use the "low rates" they had "locked in." Just do increase the principal of your debt by 20% to make sure you get it at a lower rate! (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603601) |
|
Date: December 8th, 2022 11:37 AM Author: Lemon Frisky Lodge Sellers have not capitulated yet. They are mostly choosing to overprice their homes and have them not sell rather than dropping prices. There are a lot more drops than even just months ago but I think there is a lot more to come. NEW construction is seeing huge drops across the board and that will eventually force their hands. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603573) |
|
Date: December 8th, 2022 11:39 AM Author: histrionic nudist temple Yup. And people do die, get divorced, lose their job, etc and will sell at whatever the market is and that will help show the true price in the market (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603582) |
|
Date: December 8th, 2022 11:41 AM Author: infuriating house-broken station Also the boomers are now dying out, and many will die entombed in their homes they do deeply love. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603602) |
|
Date: December 8th, 2022 11:26 AM Author: shimmering harsh parlour down ~2% in my area, but probably up 10% in places where people actually want to live (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603522) |
|
Date: December 8th, 2022 11:36 AM Author: bull headed abode gay wizard These numbers are deceptive. No particular house in any of these metro areas is selling for less than that house's all time maximum selling price. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603566) |
|
Date: December 8th, 2022 11:37 AM Author: histrionic nudist temple ty (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603572) |
|
Date: December 8th, 2022 11:38 AM Author: Coral supple shrine whoah (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603574) |
|
Date: December 8th, 2022 11:40 AM Author: shimmering harsh parlour (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603595) |
|
Date: December 8th, 2022 11:37 AM Author: At-the-ready Location sorry you don’t have a House (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603571) |
|
Date: December 8th, 2022 11:40 AM Author: histrionic nudist temple I am happy/fine to rent. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603591) |
|
Date: December 8th, 2022 11:41 AM Author: At-the-ready Location Suuuuurrre champ. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603599) |
|
Date: December 8th, 2022 11:42 AM Author: histrionic nudist temple I have a remote job. I only looked for remote jobs, so I can be at different places.
I don't want to be locked down to 1 location for years. |
|
Date: December 8th, 2022 11:43 AM Author: At-the-ready Location Yeah it’s better to be locked down to renting shitty apartments and multi families in densely populated noisy areas for years. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603615) |
|
Date: December 8th, 2022 11:44 AM Author: histrionic nudist temple well, when u are remote, u dont need to be next to a job or whatever, so u can pick whatever u like.
also, why is an apartment that u rent shitty but one that u own is "good"? haha |
|
Date: December 8th, 2022 11:47 AM Author: At-the-ready Location I didn’t say anything about buying an apartment afaik (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603637) |
|
Date: December 8th, 2022 11:49 AM Author: histrionic nudist temple well u can either rent or buy... if a property is shitty because u rent it... it seems to imply its good if u buy (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603656) |
|
Date: December 8th, 2022 11:52 AM Author: At-the-ready Location Who buys apartments? Only the high end in MFH/SF/Boston is really a market for that. Otherwise it’s just Scumbags renting to other Scumbags. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603684) |
|
Date: December 8th, 2022 11:53 AM Author: histrionic nudist temple ya I grew up in a major city so ya people buy condos for living. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603695) |
|
Date: December 8th, 2022 12:00 PM Author: bull headed abode gay wizard You need to be honest with yourself. Living in a single family detached house is 40-50x better than living in any apartment, townhouse, etc. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603724) |
|
Date: December 8th, 2022 2:15 PM Author: histrionic nudist temple ya that costs $2mm+ in USA where I live so.... not really an option (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45604463) |
|
Date: December 8th, 2022 11:51 AM Author: violent diverse brunch background story twist: sale prices down but there's still no supply of decent existing inventory in my area! (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603669) |
|
Date: December 8th, 2022 11:52 AM Author: histrionic nudist temple no one wants to move and "lose" some unrealized gains that they expected to have.
supply will increase as people must move |
|
Date: December 8th, 2022 12:02 PM Author: Vigorous french degenerate university xoxo is really bad at nuance. When people like me say, "A national collapse in housing prices in unlikely," somehow people hear, "Housing prices will never go down anywhere ever." No, all I'm saying is that a 2008-style collapse is still unlikely. The more likely scenario is a couple years of flat prices or slight declines. The supply of housing is still extremely low, which keeps prices from falling too much even as demand decreases due to higher rates. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603732) |
|
Date: December 8th, 2022 12:05 PM Author: trip fanboi theater stage this is pretty much verbatim what i say but then people shout at me that i'm saying housing prices will never decline.
also, no one fucking knows. "unlikely" doesn't mean "impossible". if people like tt6 are so certain a housing collapse is coming they should put their money where their mouth is and post screencaps of short positions in reits and stocks tied to housing. |
|
Date: December 8th, 2022 12:18 PM Author: Lemon Frisky Lodge U don't understand the concepts of "bubbles" and "exit liquidity," which you would if u had any success in crypto.
The fact is that very, very few homes have actually sold at the ridiculous valuations being thrown around last spring. Yeah, those valuations are still anchoring the listing prices, but there is no money to actually buy them.
We saw this in crypto all the time. Prices holding steady on low volume but as soon as people want to sell there is no bid and those few sales move the market a lot. Right now there is "no bid" at current housing prices or anywhere close. |
|
Date: December 8th, 2022 12:20 PM Author: trip fanboi theater stage haha yeah man i have absolutely no experience in finance. please tell me more how crypto has given you incontrovertible insight into the housing market. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45603834) |
|
Date: December 9th, 2022 9:26 AM Author: domesticated shitlib cr. Crypto market is just like the real estate market (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45608075) |
|
Date: December 8th, 2022 2:16 PM Author: histrionic nudist temple riets are already down 25%+ blackstone cant even fund all the withdraws. its coming, but the financial markets are already way ahead bro |
|
Date: December 8th, 2022 1:05 PM Author: Boyish meetinghouse genital piercing If I had extra $$ I'd buy a house in lake Tahoe. But a better investment is the stock market hopefully there is another crash opportunity (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45604107) |
|
Date: December 8th, 2022 2:18 PM Author: Crawly useless brakes dragon "thousands are at stake. thousands i tell you," the boomer patriarch tells his lone grand child as he pours out a 6 dollar box of stale cheerios, while explaining the nuances of zillow as detailed to him by his "finance guy". (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45604476) |
|
Date: December 8th, 2022 4:57 PM Author: Boyish meetinghouse genital piercing Fake. My Miami condo is still up over last 30 days. And I know its price will crash once there is a real market draw down. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45605332) |
|
Date: December 8th, 2022 5:25 PM Author: Rose Nursing Home This is like when nfl announcers were astounded that the rate of extra points went down when the line moved back. Yeah, the listing prices are down a couple percent. The cost to buy a house is probably up 30% since interest rates started rising and transactions are way down. Rising interest rates made it harder, not easier to obtain housing, and there's no scenario in which the move can make it easier. (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45605482) |
|
Date: December 8th, 2022 5:35 PM Author: histrionic nudist temple Of course, thats logic.
But many on xo continue to have poasted for the last few months/weeks that housing WILL NOT GO DOWN EVER PERIOD.
Just pointing out their retardedness |
|
Date: December 8th, 2022 6:30 PM Author: Buff national cumskin My place in LA is down like 5% in last couple months. This is REAL (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45605737) |
|
Date: December 9th, 2022 9:22 AM Author: histrionic nudist temple godspeed brother (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45608061) |
|
Date: December 9th, 2022 9:31 AM Author: Carnelian misanthropic resort internal respiration my house is barely hanging onto its $1M zestimate, shit's getting real (http://www.autoadmit.com/thread.php?thread_id=5249084&forum_id=2#45608090) |