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The nine U.S cities where home owners are losing THOUSANDS on their house values: Median sale price in San Francisco drops a staggering $220,000 from a year ago
UK Daily Mail ^
| May 29 2023
| ALEX HAMMER
Posted on 05/29/2023 11:48:22 AM PDT by knighthawk
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To: knighthawk
2
posted on
05/29/2023 11:50:01 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: knighthawk
How many times have people been warned to leave before the crash?
3
posted on
05/29/2023 11:50:20 AM PDT
by
Fai Mao
(Starve the beast and steal its food!)
To: knighthawk
Those Brits got Idaho and Utah mixed up.
4
posted on
05/29/2023 11:50:20 AM PDT
by
Dr. Sivana
("If you can’t say something nice . . . say the Rosary." [Red Badger])
To: knighthawk
And they just raised my appraised value again.
5
posted on
05/29/2023 11:51:00 AM PDT
by
Timmy
To: knighthawk
(Somewhat unexpected)
S U D D E N L Y
U N E X P E C T E D
6
posted on
05/29/2023 11:51:44 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Dr. Sivana
“Those Brits got Idaho and Utah mixed up.”
I was looking at the map going “Wait a minute here!”
7
posted on
05/29/2023 11:52:01 AM PDT
by
ProtectOurFreedom
(I don’t like to think before I say something...I want to be just as surprised as everyone else.)
To: knighthawk
Gee, I wonder what's causing that?
8
posted on
05/29/2023 11:54:49 AM PDT
by
Responsibility2nd
(Donald Trump is a setting sun. Ron DeSantis is a rising star.)
To: knighthawk
My wife spent last week visiting a friend in Boise and I picked her up on Sunday. There is construction everywhere and people are still flocking there.
9
posted on
05/29/2023 11:56:40 AM PDT
by
ProtectOurFreedom
(I don’t like to think before I say something...I want to be just as surprised as everyone else.)
To: knighthawk
There will come a time when those 60+ year old cookie cutter homes that were built in the 40s and 50s in S. CA, that sold new for 15k, will go from 600K++ to 300k...And even at that price, for what you’re getting it’s a flat out rip off.
10
posted on
05/29/2023 11:57:01 AM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: Dr. Sivana
Looks like DC is holding up quite well.
...elections have consequences.
11
posted on
05/29/2023 11:58:01 AM PDT
by
BobL
To: knighthawk
1950s: Rebellious young people including veterans of WWII took up cheap residence in the San Francisco area, some playing bongos and jazz music, others writing poetry and fiction. The Beat Generation.
1965-1975 Hippies and Haight Ashbury.
Later: Lawrence Ferlinghetti, poet, publisher and founder of City Lights Bookstore decries the total gentrification of the S.F., with yuppies, hedge fund traders and millionaires taking over all real estate. In Ferlinghetti: A Rebirth of Wonder, 2009 dvd.
Now if the city sinks all the way down the old days could return.
12
posted on
05/29/2023 11:59:17 AM PDT
by
frank ballenger
(You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
To: frank ballenger
1950s: Rebellious young people including veterans of WWII took up cheap residence in the San Francisco area, some playing bongos and jazz music, others writing poetry and fiction. The Beat Generation. Now we have "The Beaten Generation"
13
posted on
05/29/2023 11:59:50 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: Dr. Sivana
I recall seeing all the high rises in Boise a few years back. I was blown away...That town looks nothing like it did 25 or so years ago..It’s a big city now...No going back...
14
posted on
05/29/2023 12:02:22 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: ProtectOurFreedom
“...Idaho and Utah mixed up.”
Doesn’t make sense...
15
posted on
05/29/2023 12:02:58 PM PDT
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: Dr. Sivana
I think that the housing market is much more granular than suggested by the article. There are marked differences between zip codes and even neighborhoods. Also, the price sectors widely differ. The house prices in my neighborhood have held up well after about a 150% increase over 6 years.
Over the same period of time, the rental homes that I own in a different Texas city more than doubled in value but have now come down from their highs by 20%.
16
posted on
05/29/2023 12:05:43 PM PDT
by
thegagline
(Sic semper tyrannis! Goldwater in 2024)
To: Carriage Hill
Probably the people in the UK who wrote this article are not familiar with all of the American states.
How many of us could look at a map of England and identify Devon or Cornwall or Lincolnshire?
To: Timmy
18
posted on
05/29/2023 12:09:18 PM PDT
by
E. Pluribus Unum
(The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
To: BobL
Sold house in D.C. area in March..
Had offer of $25k over asking price...
House bought in 2018 @ $450k sold at $610k.. Was on Market 5 days and closed in 30...
D.C. area needs to have housing market crash as in 2007/2008..
19
posted on
05/29/2023 12:09:45 PM PDT
by
dakine
To: knighthawk
Sold our house in San Francisco in 2016, as recently as Sept it was estimated at over $2 million, now back down to $1.6, lost $400,000 in 8 months.
20
posted on
05/29/2023 12:10:02 PM PDT
by
Jolla
( )
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