Property Market is going WILD

[King Sun]

Zillow Quits Home-Flipping Business, Cites Inability to Forecast Prices

Zillow to lay off 25% of its workforce and shutter house-flipping service

Damn....

 

[NZA]

2754 E Kingbird Dr, Gilbert, AZ 85297 | MLS #6292259 | Zillow

$96k drop so far in the eastern phx metro area. i dont think that is the end of it

 

[Regular_P]

2754 E Kingbird Dr, Gilbert, AZ 85297 | MLS #6292259 | Zillow

$96k drop so far in the eastern phx metro area. i dont think that is the end of it

I'm just looking around at the homes in the area and I can't believe how much nicer the homes are for the prices there compared to where I live in Washington.

There's relatively modern homes on that map with 2000+ square feet and a pool for less than what these dated ass homes out here cost.

 

[NZA]

I'm just looking around at the homes in the area and I can't believe how much nicer the homes are for the prices there compared to where I live in Washington.

There's relatively modern homes on that map with 2000+ square feet and a pool for less than what these dated ass homes out here cost.

13816 N 18th St, Phoenix, AZ | MLS #6259768 | Zillow

this one is even better since it is in the heart of phoenix closer to all the dining and entertainment and they had to drop it by $250k

zillow's algorithm must have been confused by the prices in places like washington. arizonans are just not used to paying a lot for a roof over our heads.

 

[ADevilYouKhow]

Will Real Estate Ever Be Normal Again?

 

[1thouwow]

Seem like it’s going back down

 

[ahomeplateslugger]

Seem like it’s going back down

what are you following to monitor home prices? are you just going off zillow and redfin in your area?

 

[1thouwow]

what are you following to monitor home prices? are you just going off zillow and redfin in your area?

Yeah but I’m not looking in my area. I’m about to move to San Diego

 

[Apollo Creed]

13816 N 18th St, Phoenix, AZ | MLS #6259768 | Zillow

this one is even better since it is in the heart of phoenix closer to all the dining and entertainment and they had to drop it by $250k

zillow's algorithm must have been confused by the prices in places like washington. arizonans are just not used to paying a lot for a roof over our heads.

how is AZ with drinking water?

 

[NZA]

how is AZ with drinking water?

very hard water. minerals deposit all over everything if you dont get one of those water softening units installed.

but it is safe.

 

[THE MACHINE]

Lots of 5k price drops popping up on Pg County searches. Might be on the other side of the mountain now.

 

[Apollo Creed]

very hard water. minerals deposit all over everything if you dont get one of those water softening units installed.

but it is safe.

More so meant droughts and stuff like that

 

[Regular_P]

Been seeing $10-25K price drops around me. They still need to dip another $100K+, especially with how dated most of these homes are.

 

[NZA]

More so meant droughts and stuff like that

as a regular person, there is no noticeable problem. agriculture business is rationing, though. the future really is hard to predict. we share the colorado river with several states and the water level is lower than it should be, but states claim they have a plan, so it comes down to if you have trust in mostly red states to do the smart thing with the water.

 

[88m3]

Lots of 5k price drops popping up on Pg County searches. Might be on the other side of the mountain now.

it's fall going into winter lol