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107
Bitcoin
2022 Apr 26, 6:48am
Bitcoin
2022 Apr 26, 6:48am
zzyzzx says
This type of business is very much dependent on rates. The Refi business is basically dead right now and will pick up as soon as rates come down again. Everyone who recently closed on home purchases is waiting to refi.
https://www.bizjournals.com/sanfrancisco/news/2022/04/25/wells-fargo-layoffs-hit-mortgage-operations.html?source=patrick.net
Wells Fargo layoffs hit mortgage operations
This type of business is very much dependent on rates. The Refi business is basically dead right now and will pick up as soon as rates come down again. Everyone who recently closed on home purchases is waiting to refi.
108
WookieMan
2022 Apr 26, 7:20am
WookieMan
2022 Apr 26, 7:20am
ad says
It's insane. St. George Island/Appalachicola (closer to the armpit, but still panhandle) is insane from when we first went there about 7 years ago. We stopped going there because prices for rentals got fucking insane and so did the prices of a home.
We'd rent a bay side house in the Plantation for $2,200/wk. Similar (or lesser) houses are renting for $4-5k/wk now.
My mom is dumping her houses in Milton and Navarre as we speak. She's almost out of the market and she's making solid money after holding some properties through the last housing crash. Love the panhandle and would like to get vacation property there around Pensacola or PCB ( because of the airport), but it's getting a bit crazy again. Probably will just go big/risky and get a 2 bed condo in St. Thomas. The whole hurricane thing freaks me out in either location.
The Virgin Islands are amazing though. Do the snowbird thing end of December till March and then rent the place out the rest of the year to cover costs. Only issue is the cost of goods, food, booze, etc. is massive down there. Puerto Rico is also intriguing for the tax benefits, but I have some trust issues with Puerto Ricans. Infrastructure is crap based on my visits and obvious news stories after hurricanes. Also, packaged beer I'm pretty sure is all 10oz. Draft at a bar is bigger, but it's a joke. I don't even know if they sell individual tall boys there. It's a weird country.
This article came out recently in the Florida panhandle. Its the local media stating that Florida panhandle real estate is in demand.
It's insane. St. George Island/Appalachicola (closer to the armpit, but still panhandle) is insane from when we first went there about 7 years ago. We stopped going there because prices for rentals got fucking insane and so did the prices of a home.
We'd rent a bay side house in the Plantation for $2,200/wk. Similar (or lesser) houses are renting for $4-5k/wk now.
My mom is dumping her houses in Milton and Navarre as we speak. She's almost out of the market and she's making solid money after holding some properties through the last housing crash. Love the panhandle and would like to get vacation property there around Pensacola or PCB ( because of the airport), but it's getting a bit crazy again. Probably will just go big/risky and get a 2 bed condo in St. Thomas. The whole hurricane thing freaks me out in either location.
The Virgin Islands are amazing though. Do the snowbird thing end of December till March and then rent the place out the rest of the year to cover costs. Only issue is the cost of goods, food, booze, etc. is massive down there. Puerto Rico is also intriguing for the tax benefits, but I have some trust issues with Puerto Ricans. Infrastructure is crap based on my visits and obvious news stories after hurricanes. Also, packaged beer I'm pretty sure is all 10oz. Draft at a bar is bigger, but it's a joke. I don't even know if they sell individual tall boys there. It's a weird country.
109
richwicks
2022 Jul 21, 8:34am
richwicks
2022 Jul 21, 8:34am
porkchopexpress says
@Bitcoin, I'm seriously curious if you're still alive. Your last post was on May 4, 1:28pm, 2022.
But bitcoin has crashed, so maybe that's why you're not online.
You said you had an adverse reaction to the vaccine though, and you insisted on taking more of it. Hope you're OK.
Bitcoin says
richwicks saysThis is about your inability to process information objectively, which discounts the validity of your posts. I see a concerning pattern.
@Bitcoin - this is a valid criticism
In a few month I am getting my next booster. Every 9 month I believe in order to remain fully vaxxed. I travel a lot and so far I never had covid. Maybe I had it and had mild symptoms. This isnt a covid-conspiracy thread. This is about housing. Stick with the topic pls :) I personally dont care if someone is vaxxed, an anti vaxxer or gay. Your body, your choice.
@Bitcoin, I'm seriously curious if you're still alive. Your last post was on May 4, 1:28pm, 2022.
But bitcoin has crashed, so maybe that's why you're not online.
You said you had an adverse reaction to the vaccine though, and you insisted on taking more of it. Hope you're OK.
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