Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Housing panic grips half of US cities as record price cuts send home values tumbling
The Daily Mail ^ | 25 Aug 2025 | TILLY ARMSTRONG

Posted on 08/25/2025 3:36:20 PM PDT by MinorityRepublican

click here to read article


Click here: to donate by Credit Card

Or here: to donate by PayPal

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794

Thank you very much and God bless you.


Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

1 posted on 08/25/2025 3:36:20 PM PDT by MinorityRepublican
[ Post Reply | Private Reply | View Replies]

To: MinorityRepublican
Looks to me like the free market is working.

2 posted on 08/25/2025 3:37:20 PM PDT by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and his mercy endures forever. — Psalm 106)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

My urban area has still been in a 20-40% fake markup since covid. Maybe this will change.


3 posted on 08/25/2025 3:40:01 PM PDT by KC_Conspirator
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

I wish they’d make up their minds. Housing prices UP, housing prices DOWN, etc.


4 posted on 08/25/2025 3:43:13 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Governor Dinwiddie

“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.


5 posted on 08/25/2025 3:43:37 PM PDT by bluescape
[ Post Reply | Private Reply | To 2 | View Replies]

To: MinorityRepublican

“Housing panic grips half of US cities as record price cuts send home values tumbling”

Daum! Just when i was planning NOT to sell!


6 posted on 08/25/2025 3:45:16 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Well that’s the free market for ya.


7 posted on 08/25/2025 3:46:23 PM PDT by escapefromboston (Peace, commerce and honest friendship with all nations, entangling alliances with none.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican
It's called GRIDLOCK.

1st time Buyer pools are evaporated because of illegal immigrants afraid of deportation. The "move-up" market is stalled

8 posted on 08/25/2025 3:47:32 PM PDT by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

“soaring mortgage rates and economic uncertainty” ... they forgot to include “climate change” in their lie about the supposed “causes” of the housing “crash” ...


9 posted on 08/25/2025 3:48:06 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 1 | View Replies]

To: KC_Conspirator

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.


10 posted on 08/25/2025 3:48:56 PM PDT by FrankRizzo890
[ Post Reply | Private Reply | To 3 | View Replies]

To: MinorityRepublican

Interest rates matter.


11 posted on 08/25/2025 3:49:07 PM PDT by Mark (DONATE ONCE every 3 months-is that a big deal?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

Don’t worry, not this: “Home prices are falling in half”


12 posted on 08/25/2025 3:50:22 PM PDT by 9YearLurker
[ Post Reply | Private Reply | To 1 | View Replies]

To: bluescape

The magic of free market pricing. The most efficient way to deliver goods to where they are needed.

Central control kills the magic.


13 posted on 08/25/2025 3:51:01 PM PDT by MV=PY (The Magic Question: Who's paying for it?)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Governor Dinwiddie
Free market working…

When the decreased demand causes mortgage rates to drop along with prices, I may become a buyer.

14 posted on 08/25/2025 3:52:40 PM PDT by GaltAdonis
[ Post Reply | Private Reply | To 2 | View Replies]

To: MV=PY

well said and true....


15 posted on 08/25/2025 3:57:24 PM PDT by Fungi
[ Post Reply | Private Reply | To 13 | View Replies]

To: catnipman

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.


16 posted on 08/25/2025 3:57:53 PM PDT by Bshaw (A nefarious deceit is upon us all!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: MinorityRepublican

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%.


17 posted on 08/25/2025 4:00:27 PM PDT by Vermont Lt
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

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.


18 posted on 08/25/2025 4:00:28 PM PDT by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican
WINNING!
Get rid of the illegal alien criminals/gangsters from South/Central America and plenty of room and empty houses are created.
As the prices fall further, maybe young people can afford to buy their own homes instead of squatting with parents.
19 posted on 08/25/2025 4:01:10 PM PDT by SmokingJoe (Nope.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

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.


20 posted on 08/25/2025 4:02:20 PM PDT by Larry Lucido
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson