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Forum » US home prices just hit a record high. Americans are still buying
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Thread: US home prices just hit a record high. Americans are still buying

post 1704287641 07-29-2024, 03:11 AM
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US home prices just hit a record high. Americans are still buying

“Homes in America are the most expensive they’ve ever been, according to one measure.

The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300”


“Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be first-time buyers,”

https://amp.cnn.com/cnn/2024/06/21/e...es-record-high


Spoiler!


lol









post 1704287881 07-29-2024, 03:45 AM
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brutal
***NEUTRAL CREW*** ™
post 1704288091 07-29-2024, 04:18 AM
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Let me find a place in LA on Zillow that is on the market cheaper than what it was purchased for 10 years ago
RAW DOG CREW LIEUTENANT

ALL ROADS LEAD TO MENTZER

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Papi Cholo
post 1704288251 07-29-2024, 04:34 AM
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Same in Australia
It just keeps going up
post 1704288381 07-29-2024, 04:51 AM
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Perfectly timed with rent due in a couple of days. I'm sure the crash is just around the corner.
post 1704288391 07-29-2024, 04:55 AM
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OliverHeldens on rope watch.
post 1704288451 07-29-2024, 05:01 AM
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Larger difference for the rentcels to invest
post 1704288581 07-29-2024, 05:14 AM
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Originally Posted By kiastinger⏩
Same in Australia
It just keeps going up
it's the same everywhere - flight to quality

if you're in a good neighbourhood and you're a good person, people want to live near you

not like the guy who keep posting about how SF or LA prices have been dropping near **** holes
post 1704288601 07-29-2024, 05:16 AM
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Originally Posted By kiastinger⏩
Same in Australia
It just keeps going up
What’ll happen when the interest rates cuts start
post 1704288611 07-29-2024, 05:17 AM
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Originally Posted By Polaris⏩
OliverHeldens on rope watch.
at least it is keeping the goldenbull from coming back
post 1704288931 07-29-2024, 05:36 AM
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Liberals don’t need a home. They either squatter, live on the street or sleep with a friend.
post 1704289071 07-29-2024, 05:44 AM
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My buddy bought a house six months ago for 330K, that was assessed at 180K in 2020. Then spent another 60 grand on remodeling it. Of course has a mortgage payment on top of it. He’s screwed long term. Told him it was a bad idea but he did it anyway
post 1704289441 07-29-2024, 05:56 AM
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Originally Posted By FastBack6⏩
My buddy bought a house six months ago for 330K, that was assessed at 180K in 2020. Then spent another 60 grand on remodeling it. Of course has a mortgage payment on top of it. He’s screwed long term.Told him it was a bad idea but he did it anyway
Why? He could sell today for a profit.
post 1704290151 07-29-2024, 06:29 AM
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A 3 acre completely undeveloped lot just sold for 900k on my street. We are also in the process of incorporating our city which will make it easier to eliminate zoning laws, which currently require 3 acre spacing. I’m sitting on 7 acres. Once I can sell for $2.5 mil I’m out. Gonna buy an RV and cruise around seeing the national parks until I die.
no crew crew
post 1704290211 07-29-2024, 06:32 AM
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Originally Posted By dingler⏩
A 3 acre completely undeveloped lot just sold for 900k on my street. We are also in the process of incorporating our city which will make it easier to eliminate zoning laws, which currently require 3 acre spacing. I’m sitting on 7 acres. Once I can sell for $2.5 mil I’m out. Gonna buy an RV and cruise around seeing the national parks until I die.
Just get yourself accustomed to the lot lizard locations, happy sailing buddy
post 1704290241 07-29-2024, 06:34 AM
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Originally Posted By buwbs⏩
Just get yourself accustomed to the lot lizard locations, happy sailing buddy
Truck stop hookers are at the top of my do not bang list. Also I’m married.
no crew crew
post 1704290251 07-29-2024, 06:34 AM
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It's insane what people are paying in our area compared to pre covid. Each time a house goes on the market in our neighborhood I will say "no way they are going to get that". The past three times I've been proven wrong. When we purchased our home in 2016 most of the houses were in the 230K - 260k range. Today they easily go for 500k - 600k.
post 1704292931 07-29-2024, 07:57 AM
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Originally Posted By dingler⏩
A 3 acre completely undeveloped lot just sold for 900k on my street. We are also in the process of incorporating our city which will make it easier to eliminate zoning laws, which currently require 3 acre spacing. I’m sitting on 7 acres. Once I can sell for $2.5 mil I’m out. Gonna buy an RV and cruise around seeing the national parks until I die.
Why not develop the lot for much bigger profits
post 1704293221 07-29-2024, 08:04 AM
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Bought my house for $875 last December - Zillow has it at 1.1 now. A worse house than mine around the corner that needs a ton of work just sold for $950 so it’s probably accurate.

Insane.
post 1704293291 07-29-2024, 08:05 AM
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Originally Posted By r32gojirra⏩
“Homes in America are the most expensive they’ve ever been, according to one measure.

The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300”


“Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be first-time buyers,”

https://amp.cnn.com/cnn/2024/06/21/e...es-record-high


Spoiler!


lol











Ah yes another idiotic thread where op doesn't understand averages or median stats.
Boycott foodservice industry crew
post 1704293401 07-29-2024, 08:08 AM
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Originally Posted By rekdifryer⏩
Ah yes another idiotic thread where op doesn't understand averages or median stats.
“Idiotic”

Dis u, retard?



You cucked yourself harder than any cuck has ever been cucked in the cuckstory of cuckening
post 1704294131 07-29-2024, 08:23 AM
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OP spreading fake news. I was told a 30-60% crash on home prices was going to start in March '22.
post 1704294251 07-29-2024, 08:26 AM
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CNN: 86% of Americans who do not own their home would like to buy, but can't afford it — and more than half of them say it's unlikely they'll ever be able to do so.

Bidenomics 101
post 1704294401 07-29-2024, 08:29 AM
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Originally Posted By Berts⏩


CNN: 86% of Americans who do not own their home would like to buy, but can't afford it — and more than half of them say it's unlikely they'll ever be able to do so.

Bidenomics 101
This folks is what’s called being a useful idiot. Keep pretending it’s a sports game like a good little plebe while the elites steal our country.
post 1704294501 07-29-2024, 08:31 AM
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Originally Posted By miscinbro⏩
This folks is what’s called being a useful idiot. Keep pretending it’s a sports game like a good little plebe while the elites steal our country.
Hey, have you acknowledged that dRummphh made that phone call you were so angry about (because the media told you you should be angry)?

post 1704294561 07-29-2024, 08:32 AM
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Originally Posted By SaltyDog920⏩
Hey, have you acknowledged that dRummphh made that phone call you were so angry about (because the media told you you should be angry
What are you you talking about?
post 1704294651 07-29-2024, 08:36 AM
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Originally Posted By miscinbro⏩
What are you you talking about?
lol @ this moron feigning ignorance. You truly are the worst.

post 1704294711 07-29-2024, 08:37 AM
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Originally Posted By SaltyDog920⏩
lol @ this moron feigning ignorance. You truly are the worst.
I truly have no idea what you’re on about.
post 1704294921 07-29-2024, 08:43 AM
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Originally Posted By r32gojirra⏩
“Homes in America are the most expensive they’ve ever been, according to one measure.

The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300”


“Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be first-time buyers,”

https://amp.cnn.com/cnn/2024/06/21/e...es-record-high


Spoiler!


lol









See ShakeBrah's signature
post 1704294941 07-29-2024, 08:44 AM
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so did BTC, someone check on Oliverdose

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