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housing prices peak 2


               
2022 Apr 29, 9:29pm   843,851 views  7,348 comments

by AD   follow (0)  

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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.

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7343   AD   2026 Jan 13, 10:40pm  

TheAntiPanicanLearingCenter says

Looks like the rents didn't keep rising as extrapolaters extrapolated, but the carrying costs went up "Bigly"


We saw about a 25% drop in our Florida property tax premium compared to last year. Also property tax is flat.

Rent in Panama City Beach is around 2021 levels.

https://www.zillow.com/homedetails/1604-Annabellas-Way-Panama-City-Beach-FL-32407/87634367_zpid/

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7344   AD   2026 Jan 13, 10:54pm  

As far as this unit

https://www.zillow.com/homedetails/1700-Annabellas-Dr-Panama-City-Beach-FL-32407/87629985_zpid/

Sold on 1/13/2026 for $232,000

Sold in 9/2023 for $280,000

Sold in 10/2021 for $235,000

Sold in 8/2011 for $139,000

The Panama City Beach townhome's sales price appreciated around 3.75% from 2011 o 2026.

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7345   TheAntiPanicanLearingCenter   2026 Jan 14, 12:44am  



https://x.com/i/grok/share/o2geGuohNffX1WocQ6XZOGF82

Good to see rents drop, keeps out the speculators and pushes those who want to leave the state to sell and not rent out.
7346   Glock-n-Load   2026 Jan 14, 4:23am  

TheAntiPanicanLearingCenter says




"I'm on a fixed income, besides, this is a concrete and steel building. Our home back in MN, MI, NY is made of wood and..."

Ok but, this has nothing to do with economic conditions.
7347   Glock-n-Load   2026 Jan 14, 4:28am  

AD says

As far as this unit

https://www.zillow.com/homedetails/1700-Annabellas-Dr-Panama-City-Beach-FL-32407/87629985_zpid/

Sold on 1/13/2026 for $232,000

Sold in 9/2023 for $280,000

Sold in 10/2021 for $235,000

Sold in 8/2011 for $139,000

The Panama City Beach townhome's sales price appreciated around 3.75% from 2011 o 2026.

.

What’s the HOA fee?
7348   MolotovCocktail   2026 Jan 14, 7:51am  

Glock-n-Load says

Ok but, this has nothing to do with economic conditions.



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