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housing prices peak 2
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2022 Apr 29, 9:29pm 636,481 views 6,138 comments
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AD
2025 Apr 5, 10:00pm
AD
2025 Apr 5, 10:00pm
If Panama City Beach sees a 20% decline from the all time high price then the price will be around $340,000 and only about 12% greater than the price set at (~$302,000) the peak of Bill Clinton-created housing bubble (2002 to 2006). Prices now are only down about 7% from the all time high price.
What I noticed is prices only appreciated about 1.5% annually from 2006 to 2023, when the all time high price was $425,000.
What I noticed is prices only appreciated about 1.5% annually from 2006 to 2023, when the all time high price was $425,000.
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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.