calling BS on this.
No way this is true in north GA.
I hope to have the old pad on the market soon and be rid of it.
If anyone is looking around NE Columbia in the burbs, I might have something for you.
Well, if so, it wouldn’t be the first time the NAR had to...ahem...restate its numbers.
Where I live it has slowed way down.
Too much inventory, including my House.
My escape from CA is being delayed by the slowdown.
It’s true in bigger markets. One of the problems is that people are paying inflated prices to buy properties to rent them as VRBOs. Go to any realtor site and you’ll see - if it’s in a remotely desireable area - the “monthly income potential” listed. You don’t make $10,000 a month renting to real people, you make it on providing an unregulated, unanswerable commercial business in a residential neighborhood. And that’s why potential residents can’t afford anything in my town.
The owners of these properties don’t even live here, some of them have never even seen the properties but just collect checks from their management agent, and in the meantime, entire neighborhoods are being destroyed. Heck, entire towns. No residents, no town. Drunken wedding parties do not make up the difference.
I dunno, they seem to be building them as fast as they can sell them. Certainly faster than they can build roads for all the new cars.
Home values on Long Island and in NYC have been rising like the Dow. They don’t rise if no one is buying.
Because N Ga is representative of the rest of the 50 states? Lol! Look at a real estate heat map and get back with me.
Yes, this is BS.
Several houses in my neighborhood have sold recently, within days of the signs going up. I am constantly getting junk mail from agents wanting to sell my house for me.
Calling BS as well. Houses in my hood usually go the first month. Prices are high. I bought low 5 years ago. I am very happy!