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On that note I move to SA in about 6 weeks. I'm going to rent at first and most of the houses in the area are owned and leased by Progress Residential. Same neighborhood as mine are.
OMG, big mistake but I don't have time to change it now and am interested in learning what people experience with my competition.
Nice house but I have to pay $15/month for a stupid smart lock (they use that to call it a smart home). I think the central air can be automated with my phone. There was a dumb $125 service fee. I've been dinged $35 twice for using a credit card to pay for stuff because they put artificial pre-payment deadlines and my bank still isn't connected via AHC. I'm going to be late because some more fees were not clear up front but I don't care. They'll have to push it out. I'm not doing that again. I have renters insurance but they will be charging me $17/month until I put their name on it.
The longest lease I've ever read in my life slanted hard t...
I don't see screened in back yards. Maybe there are less skeeters that far North?
Al_Sharpton_for_President says
3. Colorado Springs
Yeah I noticed Colorado Springs real estate has started to cool down and prices have dropped some. Florida panhandle like Pensacola, Niceville, South Walton, and Panama City are not on the list. I wonder why because its been very active here as far as development.
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Housing crash is moving from West to East and may skip the Midwest. It may take until 2023 for it to hit Florida.
I'm still waiting for Boise to drop
Depends as long as there are enough people from the North who are selling homes at a greater price than the homes they buy in Florida.
I wonder who bought it and why they are trying to sell it at a loss now.
https://finance.yahoo.com/news/us-homebuilder-confidence-hits-worst-140000974.html
US Homebuilder Confidence Hits Worst Slump Since 2007 Collapse
Wells Fargo Plans Major Retreat From Mortgage Business It Long Dominated
Buffett isn't dumb.
https://finance.yahoo.com/news/stock-market-live-news-updates-august-16-115939840.html
The stock market isn't bothered by a cratering housing market
Booger says
Wells Fargo Plans Major Retreat From Mortgage Business It Long Dominated
Not sure as they make about $800 on the mortgage origination fee and then they can sell the mortgages via mortgage back securities (MBS) in order to remove the liability from their financial books. They make at least a 20% profit from the origination fee after accounting for salaries, overhead, etc.
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Foreclosures are expensive because of all the legal fees, insurance and customer contact demand.
Also real estate brokers managing properties that have been foreclosed is a fucking joke.forec
The so-called "monetary theory" is only a ruse to manipulate the economy. Politicians and their campaign financiers have been benefiting from massive deficit spending (no valid budget) thereby avoiding a vote to increase in taxes.
....
The wealthy watch their assets rise in value while the poor and middle class get crushed by an increase in the cost of living, real wage reduction, and an increase in taxes.
Can you explain this comment? You seem to know a bit. I just don't know what you mean by "manage foreclosures".
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.