Liberal Forum

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

walkingstick » 24 Aug 2023, 8:30 am » wrote: ↑

24 Aug 2023, 8:30 am

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

LOL.  The one or two houses for sale on the market are going to fall 75%???  I'll hold you to that, walkingstick.  Oh, SNAP, you're talking about Russia again!  
 
 

The new house next door still sold over asking last month.

walkingstick » 24 Aug 2023, 8:30 am » wrote: ↑

24 Aug 2023, 8:30 am

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

Should I delay my new siding for a while? Maybe I should just paint...

The kid's tetter-tooter needs it anyway.

walkingstick » 24 Aug 2023, 8:30 am » wrote: ↑

24 Aug 2023, 8:30 am

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

This is exactly what we are waiting for. We plan to buy, but we are waiting. 

DeezerShoove » 24 Aug 2023, 8:46 am » wrote: ↑

24 Aug 2023, 8:46 am

Should I delay my new siding for a while? Maybe I should just paint...

The kid's tetter-tooter needs it anyway.

Drop what yer doing and fix that teeter totter right away.  Priorities man.     

Delay siding until next year and keep yer eyes open for siding sales.  Worst case, you have yer new siding for an extra year.     
 

walkingstick » 24 Aug 2023, 8:30 am » wrote: ↑

24 Aug 2023, 8:30 am

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

exactly what the Demonrats want!
as RFK jr said, 70% of rich districts are now Demonrat. It means there's more rich Demonrats than Republicans.
Who do you think will swoop in and buy all of those low dollar homes?  Demonrats.
They are already buying properties at current prices, lower prices will start a feeding frenzy!
Then give it a couple of years, should prices go back up, who has made billions off of people's despare?  Demonrats.
All they do is play the ignorant people for their votes, then play the economy to make more money and control.
 

Can't have it both ways.. Folks (myself included) been complaining about rising home prices since 2014 and now that they are set to decline.. the complaining starts again.

Typically, people sell when their children have grown and they can make a huge profit from the sale of their home.
If they can get only a quarter of what the prices are today, they will likely stay put.

A house in my neighborhood cost $31,500 in 1977.
Some real estate expert says it can bring $325,000.
25% of that is $81,250.

Walkingstick likes to say silly stuff. House prices will NOT drop by 75%, There is nothing teetering on the edge of any cliff.
 

Xavier_Onassis » 24 Aug 2023, 12:07 pm » wrote: ↑

24 Aug 2023, 12:07 pm

Typically, people sell when their children have grown and they can make a huge profit from the sale of their home.
If they can get only a quarter of what the prices are today, they will likely stay put.

A house in my neighborhood cost $31,500 in 1977.
Some real estate expert says it can bring $325,000.
25% of that is $81,250.

Walkingstick likes to say silly stuff. House prices will NOT drop by 75%, There is nothing teetering on the edge of any cliff.

https://www.bankrate.com/real-estate/is ... -to-crash/

I saw a stat recently that kind of surprised me, only 5% of retiries move to another town or city.
 

Fuelman » 24 Aug 2023, 8:42 am » wrote: ↑

24 Aug 2023, 8:42 am

The new house next door still sold over asking last month.

the sales pitch now is that they can refinance later at a much lower rate

Fuelman » 24 Aug 2023, 12:45 pm » wrote: ↑

24 Aug 2023, 12:45 pm

https://www.bankrate.com/real-estate/is ... -to-crash/

I saw a stat recently that kind of surprised me, only 5% of retiries move to another town or city.

That is interesting. Whole cities out west can trace their population growth to the retiree from CA, IL, or WA moving to NV, UT, ID, AZ, or CO. 

DeezerShoove » 24 Aug 2023, 8:46 am » wrote: ↑

24 Aug 2023, 8:46 am

Should I delay my new siding for a while? Maybe I should just paint...

The kid's tetter-tooter needs it anyway.

Just wait....they will start giving **** away if everything blows up....cash for clunkers comes to mind as well as regular "free money' checks in the mail

roadkill » 24 Aug 2023, 11:26 am » wrote: ↑

24 Aug 2023, 11:26 am

Drop what yer doing and fix that teeter totter right away.  Priorities man.     

Delay siding until next year and keep yer eyes open for siding sales.  Worst case, you have yer new siding for an extra year.   

I'm actually getting estimates for that. They are booked out about 2-3 months.
Seems like a lot of people don't fall for the "world is ending" stuff at the drop of a hat.
I'll probably delay until spring no matter what.
Adding a few more months so the scaredy cats **** up the market about 20% doesn't hurt.  

I'm not counting on that happening though. The scaredy cats thing...

impartialobserver » 24 Aug 2023, 12:49 pm » wrote: ↑

24 Aug 2023, 12:49 pm

That is interesting. Whole cities out west can trace their population growth to the retiree from CA, IL, or WA moving to NV, UT, ID, AZ, or CO.

Yes, that's why the number stuck in my thick skull, seems like a low number.

walkingstick » 24 Aug 2023, 8:30 am » wrote: ↑

24 Aug 2023, 8:30 am

about to take a big fall. all of biden's whores can not stop the crash. do not buy!!! 75% discount in one year!!!!

Hope so. Not seeing the industry or jobs capable of paying a 600k median price in my area. Those on fixed incomes are getting raped on increased property taxes. Bubble will pop. 
 

Fuelman » 24 Aug 2023, 12:45 pm » wrote: ↑

24 Aug 2023, 12:45 pm

https://www.bankrate.com/real-estate/is ... -to-crash/

I saw a stat recently that kind of surprised me, only 5% of retiries move to another town or city.

I would think it would be hard to leave friends and family behind.  Then again, all the old gummers moving to Florida have to come from somewhere.
 

Average home price in Reno as of today... 524K. Down 4.9% over the year and 5.4 compared to two years.. so not much of a decline. This is stark difference from 2010 when the average home price was 162K.
 

impartialobserver » 24 Aug 2023, 3:22 pm » wrote: ↑

24 Aug 2023, 3:22 pm

Average home price as of today... 524K. Down 4.9% over the year and 5.4 compared to two years.. so not much of a decline. This is stark difference from 2010 when the average home price was 162K.

We purchased the house we are in now in late 2009 for $162K and we had an unsolicited cash offer of $417K last Summer.

A similar home on a little bit bigger lot down the street from us sold for $689K last year, but the sellers had also just dropped $100K upgrading everything inside... new appliances, both baths completely remodeled, etc etc.

This area is getting a lot of SoCal transplants with lots of equity to play with out of the properties they sold out there so, its keeping the prices inflated.


 

RedheadedStranger » 24 Aug 2023, 3:32 pm » wrote: ↑

24 Aug 2023, 3:32 pm

We purchased the house we are in now in late 2009 for $162K and we had an unsolicited cash offer of $417K last Summer.

A similar home on a little bit bigger lot down the street from us sold for $689K last year, but the sellers had also just dropped $100K upgrading everything inside... new appliances, both baths completely remodeled, etc etc.

This area is getting a lot of SoCal transplants with lots of equity to play with out of the properties they sold out there so, its keeping the prices inflated.

Bingo... In Reno, it is the folks from Silicon Valley, San Jose, and San Fran who sell their modest homes for $800K and then buy a mid-level house in the suburbs for $500K. The salaries in the high tech industry make it doable to pay $4000 per month on a mortgage in San Jose.