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Florida unoccupancy rate is high too.
here in Panama City Beach
tri valley
BayArea saystri valley
Still, Tri-Valley, and Dublin in particular, creeps me out even now. Because I've known so many who stretched things too far to pay for their idyllic situation.
What’s the alternative on a <$2M budget?
You mentioned the clearness and visibility of the water there.
Still, Tri-Valley, and Dublin in particular, creeps me out even now. Because I've known so many who stretched things too far to pay for their idyllic situation.
You can snorkel right off the white sand beach.
So your point is that the tri valley has many kids here with parents that need to both work full time to afford life here?
Move.
You can snorkel right off the white sand beach.
If recession comes in 22 or 23, someone I watched on youtube says, housing foreclosure went up already in LA-CA, Florida etc. predicts can go down 10-20% at most. He says going down to 50% is hard to imagine.
Interest rates have gone up, this reduces people's borrowing abilities - it also places pressure on people already in debt especially if they have an ARM which Bernanke recommended people to get.
Increasing the interest rates also reduces the money supply, because money is actually the amount of debt that can be carried in our fucked up world. If you can borrow 10 million dollars today at 3% interest, but can only borrow 5 million next week at 6% interest, the result is $5 million dollars being removed from circulation - because it's not CASH, it's a bunch of digits in a computer.
Eman saysBuyers, who used to qualify for $1.8-$2.2M, are getting bumped down to $1.5-$1.8M due to higher interest rate.
But how can this be? There are PatNetters who proclaimed a) interest rates wouldn't hit 4% let alone 5% or more and b) it wouldn't matter anyway, because 'interest rates don't really impact housing prices' or some shit like that.
I don’t see any new ones going up
b) it wouldn't matter anyway, because 'interest rates don't really impact housing prices' or some shit like that.
SFH is king.
I don’t see any new ones going up
You can snorkel right off the white sand beachI'll stay in my room and order in room service, thank you!
“Single family home”
Detached with a yard
Redfin raised my week to week home estimate by $120k this week… wtf
I got a nice $350k Zestimate increase a few months back. I'm wondering what caused such a discontinuous jump. Maybe change to algorithm or maybe a bunch of similar properties just sold?
Single family home
Detached with a yard
Redfin raised my week to week home estimate by $120k this week… wtf
I'm wondering what caused such a discontinuous jump. Maybe change to algorithm or maybe a bunch of similar properties just sold?
Redfin raised my week to week home estimate by $120k this week… wtf
It's all vapor until you sell
Redfin raised my week to week home estimate by $120k this week… wtf
It's all vapor until you sellSunnyvaleCA says
I got a nice $350k Zestimate increase a few months back
but they can't believe statistics are as well. We're in total clown world. Every statistic is a lie at this point.
Joe Biden is the most popular presidential candidate in all of US history having won the largest percentage of the eligible vote by sheer numbers and percentage of the eligible voting electorate.More than 100% of registered voters in some counties!
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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.