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06:08 PM
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Sales of existing homes fall for 11th consecutive month
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[quote:Feathery:MV81MzQyNzUzXzk4NTgwNTE1XzY1RDNDNzc2] [quote:Anonymous Coward 73806624:MV81MzQyNzUzXzk4NTgwMjk5X0ExRjMxN0Qw] As some wise man once said, "There is no such thing as A Housing Market". "There are Housing Markets." [/quote] THIS! You folks keep posting and reposting a "housing collapse" that isn't going to happen in any hot in demand area. We say it over and over but you continue to to throw out "averages" and charts. Tell that to someone looking for a home around here, or anywhere that's in high demand no matter what the economy. I live near Vanderbilt University, one of the prettiest most in demand neighborhoods in the country. There hasn't been a house for that price in over 10 years around here. Try 800k at the low end. There are a few crappy cottages across from a Catholic children's school, but those are not selling at all. So I may have to take 900k instead of panic money, like in 2020 some fool might have paid 1.2 or something, but I had no way to get out that fast. I could also tip you off to many small towns around the South that already are to expensive for most people, as well as good, strong third tier markets. I'm tired of being around new builds and gentrification anyway, I like semi beat down small towns with lots of older homes and that's where I'm headed. [/quote]
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Sales of existing homes fall for 11th consecutive month
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