Sharp price collapses will follow
Sharp price collapses will follow
I used your advice regarding garlic curing COVID. sure, doctors thought I was an idiot listening to you, but I don’t care.
You wouldn’t post that if it wasn’t true. right Jamin?
When are you going to make a cash offer on one of these (now) cheap houses?
The garlic thing was something I heard from Aaron Rogers' girlfriend on some talk show
😂Jamin’s strong advice and economic predictions are just things that he heard on TV. Just priceless!
jamin wrote:
Sharp price collapses will follow
Will you actually buy a house when prices drop 20 percent? 30? 40? Then will you stop posting these threads?
Nah, you won't, because your not a serious buyer. just a man of inaction who will forever be on the sidelines waiting for the perfect deal to come along. The reality is that you will be paying approximately the same monthly payment should home prices drop dramatically. Either crap or get off the pot, but don't be a drama queen.
Real estate analyst here. When the 6/30 POMA is released we should have a better indicator of recent buying trends.
This is a game changer. If these real estate "agents" are to be be believed, this will lead to the exact economic predictions that many have predicted would come true if real estate was no longer interesting to decent, god-fearing Americans.
When the market tanks as spectacularly as you predict, you can finally move out of your parents, basement
All the folks who took how HELOCs are starting to get a little worried. This is only the start y'all.
jamin wrote:
The garlic thing was something I heard from Aaron Rogers' girlfriend on some talk show
So you just hear things from random idiots and you post here? That explains a lot.
jamin wrote:
The garlic thing was something I heard from Aaron Rogers' girlfriend on some talk show
I heard it from Nikki Minaj's friend's cousin in Trinidad's TikTok.
If my dad were to be resurrected and told that people were upset over 6% mortgage he would think we had all gone mad. I remember the 70s and early 80s.
But it is all what you are used to. One upside to rising mortgage is maybe people buying houses they can more easily afford if people are still willing to sell. Maybe this also gets some of these companies out of the business of buying houses that seems to have skewed the market.
my guess:
volume of transactions of home sold will plummet while buyers stay on sidelines for 6-12mos waiting to see what’s happening
& It may take more like 90 days to be able to sell house and some discounts but no crash
jamin not wrong wrote:
All the folks who took how HELOCs are starting to get a little worried. This is only the start y'all.
Because Jamin no house & Jamin want house at exclusive Jamin price
Here are some local listings:
I already showed in another thread that # of local price drops are at a 4-year high and accelerating.
There's a unit on sale the floor below me for $0.8/sqft. A few months ago one sold for over $1.0/sqft.
Looks like the agent messed up, overshot the market
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