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re: Under current interest rates IDK how car dealers with lots of inventory survive.
Posted on 10/27/23 at 3:07 pm to SlowFlowPro
Posted on 10/27/23 at 3:07 pm to SlowFlowPro
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 on 10/27/23 at 3:09 pm to GumboPot
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.
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 on 10/27/23 at 3:11 pm to GumboPot
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 on 10/27/23 at 9:05 pm to GumboPot
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
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