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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 9 KB, 296x162, Screenshot 2024-01-05 at 9.37.47 AM.png [View same] [iqdb] [saucenao] [google]
57193732 No.57193732 [Reply] [Original]

>Last 30-day change
>- $33,090 (-3.1%)

>> No.57193912

>>57193732
I was looking at homes in a small town I like yesterday, population approx 10-15k people. Just out of curiosity. The inventory is low I get it but they're asking 600-800k for absolute shitbox houses. Is that just the world now? There was one house listed for double what it sold for in 2020. This isn't even some affluent city suburb its kind of in the middle of no where

>> No.57194042

A few condos I like also spiked in inventory and have much more reasonable prices now than 4 months ago. Hopefully this really is a nice correction and I can get something nice. I'll probably buy whatever shack I can at the end 2024 regardless though.

>> No.57194068
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57194068

Just wait till spring and the panic sets in when the traditional high volume seasons don't materialize.

>> No.57194083

>>57194068
Pure hopium. The house prices may have a very small reduction but this is the new normal for house prices. I'm very sorry you got priced out, anon.

>> No.57194150
File: 1002 KB, 218x228, 1664189650716054.gif [View same] [iqdb] [saucenao] [google]
57194150

>>57193912
>Houses in my area selling for +$100k OVER asking price if you have a cash offer
"Don't worry guys that correction is coming any day now!"

>> No.57194193
File: 87 KB, 1314x590, us housing supply.png [View same] [iqdb] [saucenao] [google]
57194193

It's almost here. About to take a big short position against real estate to hedge my overall portfolio. We have been chewing through support the past year and now supply is just about enough to trigger the panic and dump.

>> No.57194199
File: 137 KB, 402x300, BAE19F4D-197D-466F-AC8E-2478EF61B6E7.png [View same] [iqdb] [saucenao] [google]
57194199

>>57193732
Whereas change of my status on Dplay is momentary, and way more FUN

>> No.57194218

>>57194199

kys jeetbot

>> No.57195669

>>57193732

Housing is deflationary. The more FUD I hear in the media about the housing crash, the more I know it will never crash.

>> No.57195690

>>57195669
that’s called delusional cope lol, home prices are literally in free fall as is rent.