« prev   random   next »
▲
2
0
▼

High-end houses across the country are taking longer to sell

By Patrick following x   2018 Apr 19, 7:29pm 674 views   5 comments   watch   sfw   quote     share    

https://therealdeal.com/2018/04/11/good-luck-trying-to-sell-a-luxury-home-in-westchester/

Manhattan isn’t the only part of the U.S. with a slowing luxury real estate market. High-end homes across the country are taking longer to sell, according to a new report by Concierge Auctions.

A whopping 72 percent of luxury homes in the U.S. spent more than 180 days on the market in 2017, up from 59 percent in 2015.
1   APOCALYPSEFUCKisShostikovitch   ignore (36)   2018 Apr 19, 9:33pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Just double the price.

Then everyone will understand why they're worth buying.

What other asset can double its value overnight?

Real estate never goes down.
2   zzyzzx   ignore (1)   2018 Apr 20, 7:20am   ↑ like (0)   ↓ dislike (0)   quote   flag        

You also need to factor in that they never stopped frantically building high end housing.
3   Malcolm   ignore (1)   2018 Apr 20, 8:00am   ↑ like (0)   ↓ dislike (0)   quote   flag        

People don’t move during winter, didn’t you get the memo?
4   Malcolm   ignore (1)   2018 Apr 20, 8:03am   ↑ like (1)   ↓ dislike (0)   quote   flag        

QUALCOMM just announced that they’re laying off 1200 workers in San Diego.Those are the types of employees that are supporting our current real estate prices I doubt that those people will find a better paying job.
5   APOCALYPSEFUCKisShostikovitch   ignore (36)   2018 Apr 20, 8:22am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Layoffs smayoffs, houses aren't for people who work. Houses are for PRC Army officers expatriating loot and money launderers, exactly the way the Founding Fathers intended.


about   best comments   contact   one year ago   suggestions