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1337irr says
In Austin, at least 20% of all transaction in SFH are housing speculators.
How do you get this data ? Is it through a real estate company source ? Or you check the county appraiser website or property records online ? I usually look at a neighborhood (i.e., home owners association) in my Florida county and check the appraiser website. If a home is not marked for homestead exemption then it is most likely a second home or rented.
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They think the suckers are still out there in droves.
How can a financial institution lend at rates lower than inflation? Fraudulent market?
3. Colorado Springs
Selling is stupid, only reason I'm selling my CA house is because I hate CA government and paying them property taxes. If I didn't hate them that passionately, I'd keep it as a rental and bank on appreciation which is huge.
On that note I move to SA in about 6 weeks. I'm going to rent at first and most of the houses in the area are owned and leased by Progress Residential. Same neighborhood as mine are.
OMG, big mistake but I don't have time to change it now and am interested in learning what people experience with my competition.
Nice house but I have to pay $15/month for a stupid smart lock (they use that to call it a smart home). I think the central air can be automated with my phone. There was a dumb $125 service fee. I've been dinged $35 twice for using a credit card to pay for stuff because they put artificial pre-payment deadlines and my bank still isn't connected via AHC. I'm going to be late because some more fees were not clear up front but I don't care. They'll have to push it out. I'm not doing that again. I have renters insurance but they will be charging me $17/month until I put their name on it.
The longest lease I've ever read in my life slanted hard t...
I don't see screened in back yards. Maybe there are less skeeters that far North?
Al_Sharpton_for_President says
3. Colorado Springs
Yeah I noticed Colorado Springs real estate has started to cool down and prices have dropped some. Florida panhandle like Pensacola, Niceville, South Walton, and Panama City are not on the list. I wonder why because its been very active here as far as development.
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Housing crash is moving from West to East and may skip the Midwest. It may take until 2023 for it to hit Florida.
I'm still waiting for Boise to drop
Depends as long as there are enough people from the North who are selling homes at a greater price than the homes they buy in Florida.
I wonder who bought it and why they are trying to sell it at a loss now.
https://finance.yahoo.com/news/us-homebuilder-confidence-hits-worst-140000974.html
US Homebuilder Confidence Hits Worst Slump Since 2007 Collapse
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.