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Re: Real Estate prices are going way up!! [Re: danvee] #7306622
07/15/21 12:17 PM
07/15/21 12:17 PM
Joined: Mar 2018
Posts: 1,098
NC
T
Tailhunter Offline
trapper
Tailhunter  Offline
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Joined: Mar 2018
Posts: 1,098
NC
Originally Posted by danvee
Well stock market up last 6 months, pay is up and plenty of jobs not all bad! lack of riots is kind of boring though.

Oh its all bad. Super inflation is coming and there will be pain and a lot of suffering.

Re: Real Estate prices are going way up!! [Re: Canvasback2] #7306640
07/15/21 12:54 PM
07/15/21 12:54 PM
Joined: Dec 2006
Posts: 2,154
Tug Hill, NY
Redknot Offline
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Redknot  Offline
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Joined: Dec 2006
Posts: 2,154
Tug Hill, NY
To answer your question CB, NO unless it was a cash deal...People are starting to run into problems offering too much above the assessed value and then being turned down for a mortgage...Banks are still looking at appraised values, as they should...


~Illegitimi Non Carborundum~
Re: Real Estate prices are going way up!! [Re: Redknot] #7306641
07/15/21 12:54 PM
07/15/21 12:54 PM
Joined: Oct 2009
Posts: 6,365
east central WI
K
k snow Online content
trapper
k snow  Online Content
trapper
K

Joined: Oct 2009
Posts: 6,365
east central WI
Originally Posted by Redknot
To answer your question CB, NO unless it was a cash deal...People are starting to run into problems offering too much above the assessed value and then being turned down for a mortgage...Banks are still looking at appraised values, as they should...


Yep, starting to hear that around here also.

Re: Real Estate prices are going way up!! [Re: Canvasback2] #7306660
07/15/21 01:26 PM
07/15/21 01:26 PM
Joined: May 2011
Posts: 1,398
Kansas
K
Kansas Cat Offline
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Kansas Cat  Offline
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Joined: May 2011
Posts: 1,398
Kansas
No need to worry Rockfarmer! They brought their politics with them and you will soon have "day laborers" available outside Home Depot. They ruined California and now they will ruin the heartland. Ignorance is curable, stupidity is not.

Re: Real Estate prices are going way up!! [Re: Canvasback2] #7306761
07/15/21 04:26 PM
07/15/21 04:26 PM
Joined: Mar 2010
Posts: 3,035
wyoming southeast
D
danvee Offline
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danvee  Offline
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Joined: Mar 2010
Posts: 3,035
wyoming southeast
I stopped trying to guess what is going to happen or listen to the bobble heads on TV what happens, happens I just deal with it and live my life the best I can. Perfect storm for selling houses low interest rates and a lot of baby boomers retiring and wanting to leave the rat race.

Re: Real Estate prices are going way up!! [Re: Posco] #7306806
07/15/21 05:27 PM
07/15/21 05:27 PM
Joined: Oct 2020
Posts: 1,099
KY
I
ILcooner Offline
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ILcooner  Offline
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Joined: Oct 2020
Posts: 1,099
KY
Originally Posted by Posco
Originally Posted by Boco
Sell it and go move to a nice quiet cabin in the bush on a river or lake.

I'm getting close to finishing up my cabin. It's less than ten miles away from my home in town but it's like being in the middle of nowhere. The only thing you hear out there is the occasional coyote. I'll keep the house in town for the running water and warm showers and spend some nights in the cabin in the winter so long as the snowdrifts don't keep me at bay.

I'm in what has traditionally been a really depressed real estate market but I'm told things are selling fast nowadays. There seem to be a lot of folks fleeing the cities.


for sure!

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