Started By
Message

re: Under current interest rates IDK how car dealers with lots of inventory survive.

Posted on 10/27/23 at 3:07 pm to
Posted by GumboPot
Member since Mar 2009
119237 posts
Posted on 10/27/23 at 3:07 pm to
quote:

Next up: housing.



You are not wrong.

I've been monitoring real estate through Redfin on the Florida Panhandle. Inventory appears to be rising and prices are falling.

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424759 posts
Posted on 10/27/23 at 3:09 pm to
My unscientific analysis of the LC Market is that lots of houses are sitting for long periods of time.

If you're selling for over $325k or so, you better have an immaculate home in an immaculate area and perks or you may sit for a long while.
Posted by teke184
Zachary, LA
Member since Jan 2007
96707 posts
Posted on 10/27/23 at 3:11 pm to
People are always going to want specific things when they buy but the days of having tons of offers within 12 hours of hitting the market appear dead.
Posted by The Baker
This is fine.
Member since Dec 2011
16192 posts
Posted on 10/27/23 at 9:05 pm to
quote:

You are not wrong.

I've been monitoring real estate through Redfin on the Florida Panhandle. Inventory appears to be rising and prices are falling.


Same in the Triangle.

I've never seen so much greed in my life.

People wanting over $300 per sqft in fricking Durham, NC
As with the car market, the main issue is the people buying at illusory prices. Should've had a buyers strike a year and a half ago.
This post was edited on 10/27/23 at 9:09 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram