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Forum » 2.5% interest on mortgage but don't like where we live
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Thread: 2.5% interest on mortgage but don't like where we live

post 1669848353 10-21-2022, 01:34 PM
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#61
  1. Destor
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  1. Destor
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I feel like GoldenCow and griffeyjr are quite possibly products of the real estate issues in China where the long-held philosophy has been that real estate is the safest and smartest place to park money -- legit 70% of the personal wealth in China was stored in real estate, and that's currently in the process of collapsing far worse than it is in North

Is this deflection? Overcompensating? Who knows
post 1669849373 10-21-2022, 01:46 PM
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#62
  1. kengriffeyjr24
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https://apnews.com/article/elon-musk...4ed61053554d1f
Musk has told prospective investors in his Twitter purchase that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report. The newspaper cited documents and unnamed sources familiar with the deliberations.
BRB working at twitter making 300k a year
BRB buy home at absolute market peak in a place far away from office because you can now WFH (but im locked in at 3% so who cares)
BRB get laid off by Elon Musk
BRB most FAANG tech companies and top tech firms have a legit hiring freeze right now
BRB try and rent out your home since you have to take a lower paying local job
BRB local economy wages dont support the rent for your mortgage you just bought
BRB cant sell in this current 8% rate environment without taking a loss
post 1669850673 10-21-2022, 02:09 PM
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#63
  1. AWSbruh
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Originally Posted By kengriffeyjr24⏩
florida market is so pathetic right now realtors are forced to hold pseudo pumpkin patches at their open house to make people want to come by and consider buying their home at 7% rates when prices are falling fast

its honestly sad and pathetic they have to resort to this!
Nah I’ll be good. The market in my area is still really good. You can literally see Disney fireworks everyday from my back yard

https://www.redfin.com/city/33018/FL...housing-market
post 1669851293 10-21-2022, 02:21 PM
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#64
  1. kengriffeyjr24
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Originally Posted By AWSbruh⏩
Nah I’ll be good. The market in my area is still really good. You can literally see Disney fireworks everyday from my back yard

https://www.redfin.com/city/33018/FL...housing-market
wow you are really just sticking your head in the sand.
in horizon west FL there is45% drop in home salesyear over year, and a whopping42% of homes are having price drops from their original listing, which is higher than any period over the past 5 years.

this is a really good market?

have you experienced a traumatic brain injury recently?
post 1669854523 10-21-2022, 03:31 PM
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#65
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Originally Posted By kengriffeyjr24⏩
wow you are really just sticking your head in the sand.
in horizon west FL there is45% drop in home salesyear over year, and a whopping42% of homes are having price drops from their original listing, which is higher than any period over the past 5 years.

this is a really good market?

have you experienced a traumatic brain injury recently?
Not even going to argue with you ******* In September 2022, Horizon West home prices were up 14.2% compared to last year, selling for a median price of $549K. My neighbor bought his house for 350k and he has multiple offers in the 600k range. The only houses that sit for along time in my neighborhood are house close to the 1 million dollar range
post 1669880873 10-22-2022, 06:06 AM
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#66
  1. NitrogenWidget
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Originally Posted By kengriffeyjr24⏩
actually realtors are losing it

this is from yesterdays WSJ. market is definitely getting tight when they need to resort to this
post 1669881903 10-22-2022, 06:57 AM
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#67
  1. Kev1972
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Originally Posted By NextPound⏩
Three days ago in the WSJ - hurricane devastation not even impacting the market.https://www.wsj.com/articles/home-bu...al_bucket_pos1

Less than a month after Hurricane Ian caused widespread devastation to southwestern Florida, investors and other buyers are scouring for housing deals in a region where home prices have soared in recent years.

Demand remains strong from both locals and out-of-staters, according to residential real-estate agents in Naples, Fla., and other areas near the path of the Category 4 storm. They say they have received numerous inquiries from people still interested in relocating to the Sunshine State, or hoping to pick up distressed properties.

“It’s pretty much business as usual,” said Kelly Baldwin, an agent for Coldwell Banker in Longboat Key, Fla. “I haven’t had anyone reach out who wants to stop their home search.”
If you're building new construction it's pretty easy to make a hurricane proof house. Make your 1st level your garage and living space 2nd and 3rd floor.
Motorcycle crew
Army veteran crew
One Meal a day crew
post 1669884043 10-22-2022, 08:05 AM
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#68
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LOL @ ken and goldencow providing ample evidence of the sorry state of housing only for slumlordmaxxers and mortagecels to regurgitate the same unoriginal bs. If they had the ability to think critically, they'd at the very least be able to provide a witty comeback. No such luck from low IQ slumlords. No surprise there.
Originally Posted By Destor⏩
I feel like GoldenCow and griffeyjr are quite possibly products of the real estate issues in China where the long-held philosophy has been that real estate is the safest and smartest place to park money -- legit 70% of the personal wealth in China was stored in real estate, and that's currently in the process of collapsing far worse than it is in North

Is this deflection? Overcompensating? Who knows
Developers in China were collecting payment on unbuilt units only to eventually run into solvency issues, resulting in projects defaulting and not being completed. Imagine being stuck paying a mortgage for a "real estate investment" that will never exist. Fukkn LOL at mortgagecels srs.
Your schtick sucks and it screams insecurity.
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