Posted on 08/25/2025 3:36:20 PM PDT by MinorityRepublican
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My urban area has still been in a 20-40% fake markup since covid. Maybe this will change.
I wish they’d make up their minds. Housing prices UP, housing prices DOWN, etc.
“Looks to me like the free market is working.”
That’s what I was thinking. I don’t have a lot of expertise but I thought the supply and demand of free markets make products that are too expensive not get purchased and prices have to follow wherever that takes them. Now markets might tumble here and there but the one thing that can worsen the situation is a panicky government bailout.
“Housing panic grips half of US cities as record price cuts send home values tumbling”
Daum! Just when i was planning NOT to sell!
Well that’s the free market for ya.
1st time Buyer pools are evaporated because of illegal immigrants afraid of deportation. The "move-up" market is stalled
“soaring mortgage rates and economic uncertainty” ... they forgot to include “climate change” in their lie about the supposed “causes” of the housing “crash” ...
Same here in SW Washington State. Just CRAZY prices.
Also, Nashville. As a child I had to go to Al Gore’s neighborhood to find a house with a sale price of over a million dollar. NOW, I would only have to go a couple of blocks from my mom’s house to find a lot with 2 of these new ugly rectangular box houses on it where each is a million dollars.
Interest rates matter.
Don’t worry, not this: “Home prices are falling in half”
The magic of free market pricing. The most efficient way to deliver goods to where they are needed.
Central control kills the magic.
When the decreased demand causes mortgage rates to drop along with prices, I may become a buyer.
well said and true....
I live in NE Ohio, and property sales here are booming! Most have an offer within 10 days, and all are at or above asking price.
In my city anyway.
Wait until rates go down. The prices of homes will sky up a bunch.
I just checked. Mine is down a bit this month. But overall it’s up a bunch in the past two years. Up like 20%.
So house prices are dropping. And grocery prices are through-the-roof OUTRAGEOUS!! WTF anyhow?
Something suspicious is going on behind the scenes. With lower gas prices this makes no sense at all.
All these millionaires living in gigantic houses on the seacoast should be selling for a fraction of their purchase price so they can move inland when, not if, the seas rise and wash their homes away.
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