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Real Estate
Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous]Market has significantly cooled. There are almost double the number of houses in overall inventory now in our search area as compared to early summer/spring. Prices keep dropping. Many, many people vaaaaaaastly overpaid horrifically last winter and early spring this year. I see sooooo many better homes now compared to ones I remember before that actually went for higher prices. [/quote] How so? Last winter was, what, 10 months ago? So they've been enjoying life in their nice house for 10 months. What does it cost to rent something for 10 months? $20,000 to $40,000? And life is too short to live in an unhappy abode for upwards of a year of life. And I don't see any home [b]values[/b] going down. I see some asking prices getting trimmed, which is not the same.[/quote]
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