Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble
Marketwatch ^ | Sept. 21, 2020 at 6:55 a.m. ET | Keith Jurow

Posted on 09/21/2020 10:17:30 AM PDT by Zhang Fei

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 last
To: doorgunner69
Wife and I have toyed with the idea of a home in Arizona, but the housing market there is insane. Houses in the range of interest to us get snapped up within a day or so at double the price they went for a few years ago.. Wife says the low interest rates and people getting out of Calif are to blame.

Homes were being sold so fast, we bought remotely, over the phone...Never thought I'd do that, but we had traveled from CA to AZ on several reconnaissance missions to the area that interested us. And this was 1 year prior to the China virus. We now see the only home in our area that just went up for sale, now shows "Pending" after being listed for 3 days! In fact our realtor and personal friend in CA who helped us sell there, now wants to buy a duplex or small apartment building in our area and he even remarked how the RE here has been steadily ticking up.

41 posted on 09/21/2020 1:07:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 26 | View Replies]

To: warsaw44

ping for later.


42 posted on 09/21/2020 4:45:25 PM PDT by warsaw44
[ Post Reply | Private Reply | To 41 | View Replies]

To: Mariner

Nobody wants to move just for that slightly bigger kitchen now. We have to build ourselves into inventory yet the builders know better to go full throttle again.


43 posted on 09/21/2020 6:06:37 PM PDT by Almondjoy
[ Post Reply | Private Reply | To 11 | View Replies]

To: saleman

https://www.zerohedge.com/economics/property-tax-assessment-nationwide-rico-scam

Tip if the iceberg IMHO


44 posted on 09/24/2020 6:18:31 AM PDT by mo ("If you understand, no explanation is needed; if you don't understand, no explanation is possible")
[ Post Reply | Private Reply | To 34 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 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
News/Activism
Topics · Post Article

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