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06:41 PM
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Sales of existing homes fall for 11th consecutive month
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76923886:MV81MzQyNzUzXzk4NTgxNjIyXzZBNjBEODJB] [quote:Pabamus V:MV81MzQyNzUzXzk4NTgxMzgwXzc4NEE5MzY3] [quote:Anonymous Coward 85143370:MV81MzQyNzUzXzk4NTgwMTQ2Xzg2QTRDQTU1] [quote:MadCitySleeper:MV81MzQyNzUzXzk4NTc5NjMyXzM0OUY1NjU1] "The average median existing home price [b]increased[/b] 2.3% in 2022, from $358,800 in December 2021, to $366,900 in December 2022." [/quote] house prices went up, not down. you're welcome. :lmao: [/quote] Right, this fact is contrary to the GLP notion that there will be some crazy crash in prices. But, there's no inventory, inflation affects almost all assets, new build is greater than the mean average of a house in the USA, and many buyers are still paying cash. My market is extremely busy, in the off season. 4 buyers to 1 house. [/quote] There’s plenty of overpriced houses on the market, a house is worth what someone will pay, not what inventory says. The bubble popped, why deny reality. The people who were willing to pay $10,000 a month mortgage for a starter home, are all idiots dying from the vaxx. [/quote]
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Sales of existing homes fall for 11th consecutive month
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