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Real Estate
Reply to "Feels like market is hitting a wall"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In my exurb, 600k houses are selling fast, 4-500k townhouses are mixed, and 7-800k houses are sitting. So There’s still a strong demand for a sweet spot, but outside of that stuff is sitting. [/quote] Nobody in their right mind would pay $800,000 to live in an exurb. Plenty of other options closer in at that price. [/quote] Many people pay that much and even more. I am not interested in exurbia but I also can see the appeal. New housing, lots of open spaces, slower pace, schools are excellent and calm, and many people do like living abutting rural areas. And you do get bigger lots and housing. And a lot of people are also following politics in where they move and aren't interested in crazy progressive councils or DAs or schools. With remote work even only a few days a week it is much more feasible to live in exurbia. [/quote]
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