[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 333 KB, 646x700, 1699239064677.png [View same] [iqdb] [saucenao] [google]
56569745 No.56569745 [Reply] [Original]

>neighbors house went for sale on Friday
>already sold by Sunday evening
>$40k over asking price
>it's going to make my Zestimate go up even more
We are literally unstoppable OMG

>> No.56569781
File: 269 KB, 925x1032, 1613000146183.jpg [View same] [iqdb] [saucenao] [google]
56569781

I hope you've already made hubby give you the credit card for a new handbag hun! You deserve it!

>> No.56569788

>>56569745
then why aren't you selling the top?

>> No.56569917

>>56569745
cool link the the listing

>> No.56569993

>>56569745
My Zestimate finally broke $535,500 (I bought in 2021 at $402k @ 2.75%).

>> No.56570068

>>56569788
It's never going to stop going up. There is no top.

>> No.56570075

>>56569745
My zestimate valued my home at 80k more than in January.

I actually just made that up.
It's that easy.

>> No.56570154
File: 66 KB, 669x669, 1676685686709418.jpg [View same] [iqdb] [saucenao] [google]
56570154

Us zesty girls can't stop winning

>> No.56570195 [DELETED] 

>>56569745
Enjoy your nigger neighbors!

>> No.56570452

>>56569745
Except the county does record transactions on the weekend you hoomcuck larper

>> No.56570520

>>56570452
Realtor put up the under contract sign this evening

>> No.56570727
File: 259 KB, 401x381, azalea.png [View same] [iqdb] [saucenao] [google]
56570727

>>56569745
Shit is hilarious

8% rates and we're still going above asking

>> No.56570731

>>56570727
Blackrock buys cash

>> No.56570733

are these above asking ones just a downpayment and structuring out the rest as you would with a bank,
or does someone who is not retarded know if we're talking about all straight cash

>> No.56570748

>>56570727
I just don't get it desu. Are people getting variable rates, thinking that they're going down next year?

>> No.56570930

>>56570748
yes, ARM applications are up. the listing you responded to is actually a very reasonable price. typically you now see people thinking they can get over $700k for a house like that.

>> No.56571179
File: 557 KB, 1456x971, adjustible rate mortgages.png [View same] [iqdb] [saucenao] [google]
56571179

>>56570930
>Applications for Adjustable Rate Mortgage (ARMs) make up 9.2% of all mortgage applications
>Applications for a mortgage to purchase a home were 22% lower year over year.

No

>> No.56571289

>>56569745
Imagine keeping money in real estate not instead of stressing $yooooooooo

>> No.56571322

>tfw zestimate still slowly bleeding out

>> No.56571663

>>56569781
Look at how fucking filthy that windowsill is. Jesus, people actually live like that?

>> No.56571771

>>56571663
yes cats live like this

>> No.56571792

>>56569788
selling a house now is like selling bitcoin now

there literally is no top

>> No.56571811

>>56571179
Looks like chainlink’s chart

>> No.56572129

>>56569745
ngl....just checked my zestimate and its 200k more than last year....

>> No.56572135

>>56571792
yep. shitboxes made of of sticks are literally going to be selling for $23m by 2032

>> No.56572151

>>56569745
>Buy 400k home, pay up 200k extra in interest (600k in total)
>Zestimate goes up to 500k
>I'M FUCKING GORDON GEKKO.
>Sell it for 500k, minimal gain
>The bank still rakes 250k in interest of the next buyer.

The only way is ONE FUCKING PAYMENT, kill the bankers.

>> No.56572192

>>56571179
Why’d you post a chart proving him right and then disagreeing with him? Are you retarded?

>> No.56572346

>>56570930
>reasonable price
Ah, so you’ve never been to Brighton.

>> No.56572368

>>56572135
The 10Y bond levee holding back inflation COVID money would be breaking open at that time along with interest gains (along with any additional supply expansion they'll have done since then), so yeah a starter home being a few mill at that time even in a worse case scenario where they never stop hiking rates sounds about right.
That's what happens when rate hikes are used to temporarily control inflation instead of there actually being a means of completely burning parts of the money supply out of existence.

>> No.56573058
File: 262 KB, 1125x2436, IMG_3195.png [View same] [iqdb] [saucenao] [google]
56573058

>>56571322
Same here. My zestimate has been flat for months and probably will soon decline

>> No.56573251

>>56571322
>>56573058
It's time to consider a kitchen remodel

>> No.56573278

>>56571663
Post your (mom's) house window sill, faggot.
>you wont
Edgy fucking spergs, you are all so quiet and cuck out in public. I hate all of you.

>> No.56573461

>>56573251
I’m not doing shit to my house. It’s in a location that whoever buys it would just tear it down and build condos anyway.

The zestimate of the house is $700k and the land it sits on is $600k of that.

>> No.56574730
File: 56 KB, 740x428, brighton.png [View same] [iqdb] [saucenao] [google]
56574730

>>56572346
I went to their Costco the other day, was the whitest Costco I have ever stepped foot in

Actually got mad when I saw an Indian there

>> No.56574764

>>56570727
This is actually a great price. The Zestimate on my slightly larger house is $660k in metro Atlanta. A similar house in my neighborhood just sold for $680k.

>> No.56574856
File: 135 KB, 1200x675, mortgage.jpg [View same] [iqdb] [saucenao] [google]
56574856

>>56572192
Mortgage applications are down 60% and volume is at a 28 year low.

ARMs going up from 6% of the market to 9% of the market does not mean more ARMs are being issued

9% ARMs are not significant when we had 30% ARMs in the 90s and 2000s.

>> No.56574906
File: 2.44 MB, 1452x680, brighton.png [View same] [iqdb] [saucenao] [google]
56574906

>>56574764
>paying 40% more for 966% more diversity

Wild

>> No.56574912
File: 19 KB, 474x188, 10-23.png [View same] [iqdb] [saucenao] [google]
56574912

>>56571322
>>56573058
skiill issue