Taz
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User ID: 74525358 United States 10/14/2021 07:28 PM Report Abusive Post Report Copyright Violation | I’m thinking of buying a new construction house …. How stupid am I ? Is this bubble gonna pop ? Am I gonna loose 30% equity out of the gate…. The rates are historically low but base prices are off the charts. Here in CFL for a solid brick built house your talking 300k before any addons. A year ago the same house was 250k. |
Anonymous Coward User ID: 75497058 United States 10/14/2021 07:30 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house I think your nuts. Shits gonna tank, you need to be in survival mode. |
ThereRMeds
User ID: 80290681 United States 10/14/2021 07:33 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house I’m Central FL, our home has gone from approx $140/sq ft to $220/sq ft list & nothings selling for list in our hood, plus that’s w/o renovation on a 20y/o home. ThereRMeds4That |
Taz
(OP)
User ID: 74525358 United States 10/14/2021 07:41 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house
I’m Central FL, our home has gone from approx $140/sq ft to $220/sq ft list & nothings selling for list in our hood, plus that’s w/o renovation on a 20y/o home.
Quoting: ThereRMeds That’s my point. Shits on fire here. You think it will crash ? |
Anonymous Coward User ID: 79718378 Canada 10/14/2021 07:52 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house its hard to tell..
back against the wall'd |
Taz
(OP)
User ID: 74525358 United States 10/14/2021 07:55 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house its hard to tell..
back against the wall'd
Quoting: Anonymous Coward 79718378 Sigh. I’m gonna wait until Nov to really decide. |
Chas
User ID: 80825675 United States 10/14/2021 07:59 PM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house
its hard to tell..
back against the wall'd
Quoting: Anonymous Coward 79718378 Sigh. I’m gonna wait until Nov to really decide. Quoting: Taz You will be wise to do so... Chas |
ThereRMeds
User ID: 80290681 United States 10/15/2021 01:19 AM Report Abusive Post Report Copyright Violation | Re: I’m thinking of buying a new construction house I’m Central FL, our home has gone from approx $140/sq ft to $220/sq ft list & nothings selling for list in our hood, plus that’s w/o renovation on a 20y/o home.
Quoting: ThereRMeds That’s my point. Shits on fire here. You think it will crash ? Quoting: Taz I think we’re gonna hold for a little while, assuming economy doesn’t completely implode. New corps coming in, folks relocating here, housing supply shortage, costs of new construction rising, etc. I think we’ll be one of the last areas affected in a downturn/price drop, but I’m not comfortable enough w it to sell high & buy high. If you need a house though I don’t think I’d try to wait it out. ThereRMeds4That |