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US Home Prices Decelerate For 4th Straight Month
invite response
2022 Jan 25, 7:00am 159 views 4 comments
Comments 1 - 4 of 4 Search these comments
2
Tenpoundbass
2022 Jan 25, 7:16am
Tenpoundbass
2022 Jan 25, 7:16am
Zillow says this can go on for ever.
My house on Zillow
Zestimate
$402,700
Zestimate range
$346,000 - $455,000
Last 30-day change
+ $6,958 (+1.8 %)
Zestimate per sqft
$211
Not bad for a $160K market bottom catch in 2010, and now paid in full.
My house on Zillow
Zestimate
$402,700
Zestimate range
$346,000 - $455,000
Last 30-day change
+ $6,958 (+1.8 %)
Zestimate per sqft
$211
Not bad for a $160K market bottom catch in 2010, and now paid in full.
3
NuttBoxer
2022 Jan 25, 8:04am
NuttBoxer
2022 Jan 25, 8:04am
December had the lowest home sales since 2009, and we all know what happened then.
4
Ceffer
2022 Jan 25, 10:12am
Ceffer
2022 Jan 25, 10:12am
Darn. I was waiting from my crap shacks to balance all the lost Hummers from the portfolio with inflated fiat printing press bucks.
https://www.zerohedge.com/personal-finance/us-home-prices-decelerate-4th-straight-month?source=patrick.net
We are seeing the expected deceleration in house price growth, and this trend will probably continue for at least a few more months. My sense is the Case-Shiller National annual growth rate of 19.99% in August was probably the peak YoY growth rate, however, since the normal level of inventory is probably in the 4 to 6 months range - we’d have to see a significant increase in inventory to sharply slow price increases, and that is why I’m focused on inventory!emphasis added.
https://www.calculatedriskblog.com/2022/01/comments-on-case-shiller-and-fhfa-house.html?source=patrick.net