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Started By
Message
Home Prices start to drop due to rates, lack of sells, and more inventory!
Posted on 4/24/25 at 10:35 am
Posted on 4/24/25 at 10:35 am
Thank Trump!
LINK
quote:
Sales of previously owned homes in March fell 5.9% from February.
Inventory was up nearly 20% from a year earlier.
More inventory and slower sales are starting put a chill on prices.
LINK
This post was edited on 4/24/25 at 10:38 am
31
Posted on 4/24/25 at 10:37 am to BCreed1
Those boomers at the anti Trump protests will be very upset
Posted on 4/24/25 at 10:37 am to BCreed1
Oh good. Luckily Americans don't look at housing as an investment that will grow over time.
Posted on 4/24/25 at 10:38 am to BCreed1
I think this is healthy.
I want to say this should be a sign for Powell to cut but this is not it. Powell will wait for unemployment to increase before he starts cutting. It will be too late by then. Always Late Powell.
I want to say this should be a sign for Powell to cut but this is not it. Powell will wait for unemployment to increase before he starts cutting. It will be too late by then. Always Late Powell.
Posted on 4/24/25 at 10:39 am to BCreed1
Make mortgage payments tax deductible.
Posted on 4/24/25 at 10:39 am to oklahogjr
quote:
Luckily Americans don't look at housing as an investment that will grow over time.
My home is a solid investment and still is despite what has happened to the economy.
Sorry you live in a shithole. Maybe that's why you are always complaining.
Posted on 4/24/25 at 10:40 am to oklahogjr
quote:
Oh good. Luckily Americans don't look at housing as an investment that will grow over time.
Intellectually dishonest take. Or pure ignorance?
The housing market was always going to decrease from the highs in 2020 and inventory was always projected to climb. Wait another 10-15 years and inventory is going to soar as boomer homes hit the market.
Posted on 4/24/25 at 10:40 am to BCreed1
When do we get a reduction on our property taxes. :/
Posted on 4/24/25 at 10:40 am to BCreed1
Good. The housing crisis is an entirely government created boondoggle that is destroying the middle class.
We need less expensive housing. Next, we need to fix the affordability crisis in healthcare and education. These are 100% necessary steps if we are to revive middle class prosperity and birth rates in this country.
We need less expensive housing. Next, we need to fix the affordability crisis in healthcare and education. These are 100% necessary steps if we are to revive middle class prosperity and birth rates in this country.
Posted on 4/24/25 at 10:42 am to BCreed1
Home prices are were you can really see the massive inflation that we've had since 2008.
Posted on 4/24/25 at 10:42 am to Sus-Scrofa
the interest portion of the payment is
Posted on 4/24/25 at 10:58 am to dickkellog
quote:
the interest portion of the payment is
Which is why I didn’t say make mortgage interest tax deductible.
Posted on 4/24/25 at 10:59 am to LSUGrrrl
quote:
Intellectually dishonest take. Or pure ignorance?
quote:
oklahogjr
He's never been honestly mistaken for an intellectual, so it's likely the latter.
Posted on 4/24/25 at 11:01 am to BCreed1
Location always trumps national or regional trends but it's been funny to watch happening around me.
Purely anecdotal - correlation doesn't imply causation, asking price recency out of the market, blah, blah, blah... but all of a sudden all the homes up for sell are not selling like before. Where before homes were sold in hours (or presold before hitting the open market) I'm seeing most up for weeks without traffic.
Purely anecdotal - correlation doesn't imply causation, asking price recency out of the market, blah, blah, blah... but all of a sudden all the homes up for sell are not selling like before. Where before homes were sold in hours (or presold before hitting the open market) I'm seeing most up for weeks without traffic.
Posted on 4/24/25 at 11:04 am to BCreed1
Typically what happens when credit scores are systematically dropped because Covid policies roll off
Posted on 4/24/25 at 11:08 am to BCreed1
Diana Olick has said not to buy a house since 2008 
Shes never ever been right this is further proof
Shes never ever been right this is further proof
Posted on 4/24/25 at 11:15 am to Sus-Scrofa
quote:
Which is why I didn’t say make mortgage interest tax deductible.
If you made the entire mortgage payments tax deductible home prices would shoot through the roof.
Posted on 4/24/25 at 11:28 am to oklahogjr
quote:
Oh good. Luckily Americans don't look at housing as an investment that will grow over time.
If you consider it an “investment” then you have to consider that prices will go up and down. An “investment” does not guarantee grow over time. Profits should not be guaranteed.
Posted on 4/24/25 at 11:38 am to BCreed1
Another sign that Powell is slow to the party. Interest rates need to be lowered.
Posted on 4/24/25 at 11:42 am to BestBanker
Yup too late Jerome is playing politics
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