The housing market just slid into a full-blown correction
- Thread starter OfTheCross
- Start date
John Mexico
All Star
My current 2 bed apt in Henderson NV went from 1985 to 1665.
im mad as hell. Got 5 months left on the lease
im mad as hell. Got 5 months left on the lease
88m3
Fast Money & Foreign Objects
huh?
John Mexico
All Star
Rent decrease over 300 dollars in most places in Las Vegas metro.
The single family homes here are a little more bullish, but without the next 4 months the bottom is going to fall out. We are going to have crazy inventory here soon
mastermind
Rest In Power Kobe
Did you make this up? They are about raise them again.interest rates falling
88m3
Fast Money & Foreign Objects
Why would I make that up lol? You guys really need to stop reading doomer blogs or whatever. I know some of you guys want the markets to tanks so you buy a home and I get that but lettuce be reality
88m3
Fast Money & Foreign Objects
You decreased the rent on an existing lease or on a new lease because you couldn't get what you wanted?
It's not my market but from what I'd read over the years it was always oversaturated with a lot of cheap construction with a transient population. Nice recipe for a disaster
mastermind
Rest In Power Kobe
Doomer?
The Federal Reserve is likely to hike interest rates again. What that means for you
The Federal Reserve is expected to raise interest rates once again this week. Here's what that means for your wallet.
www.cnbc.com
The fed are raising interest rates.
In the CNN that you proved you didn’t read past the headline:
that means they aren’t really dropping, it’s just unpredictable. You came in spiking the ball on the 15 yard line.
88m3
Fast Money & Foreign Objects
Doomer?
The Federal Reserve is likely to hike interest rates again. What that means for you
The Federal Reserve is expected to raise interest rates once again this week. Here's what that means for your wallet.
The fed are raising interest rates.
In the CNN that you proved you didn’t read past the headline:
that means they aren’t really dropping, it’s just unpredictable. You came in spiking the ball on the 15 yard line.
that doesn't matter
mortgage interest rates are decreasing
The_Unchosen_One
Superstar
Came in like Swaggy PDoomer?
The Federal Reserve is likely to hike interest rates again. What that means for you
The Federal Reserve is expected to raise interest rates once again this week. Here's what that means for your wallet.
The fed are raising interest rates.
In the CNN that you proved you didn’t read past the headline:
that means they aren’t really dropping, it’s just unpredictable. You came in spiking the ball on the 15 yard line.
OfTheCross
Veteran
that's super facts.
shyt's be needing roofs, HVACs, possibly plumbing, and they still want $400k
Digital Omen
All Star
The worst are the realtors in cahoots trying to pass off a remodeled home (nice open kitchen, quartz countertops, laminate floors, all that pretty shyt)
that's super facts.
shyt's be needing roofs, HVACs, possibly plumbing, and they still want $400k
Then you get a home inspection and it's leaks, faulty plumbing, the illegal efficiency fukkin up the electricity, mold, water damage, and all kinds of critters
FOH
OfTheCross
Veteran
facts
ADevilYouKhow
Rhyme Reason
Mortgage rates drop to the 5% range for the first time since September
The average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily.
What the Fed's interest rate hike means for the housing market: 'That is good news for mortgage rates'
The Federal Reserve's move to hike interest rates signals good news for the housing sector, some experts say.
www.marketwatch.com