So when’s the housing bubble bursting?
- Thread starter Dr. Truth
- Start date
The 8 biggest myths about refinancing your mortgage
Interest rates should be just one factor when deciding whether to swap out a mortgage
qz.com
Coastal enclave becomes one of the hottest property markets in America
A small coastal community in California has become one of the hottest property markers in the US. Yet while many buyers continue to flock there, the beach town is also battling a major issue.
Home Buyers Are Paying More Attention to Flood Risk, But Not Other Climate Events
Evidence now suggests that while climate risks may not have dented demand for housing, they may be taking more of an active role in buyers’ and lenders’ decision-making processes.
www.zillow.com
May 2024 Housing Starts: New Construction Slows As Inventory Accumulates
Building permits issued in May decreased to 1,386,000 (SAAR). That’s 3.8% below the revised April rate and 9.5% lower than a year ago. Housing starts
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Despite 7% Mortgage Rates, One in Seven Families Could Still Afford To Take On A New Mortgage
Despite mortgage rates soaring to above 7% in 2022, roughly 7.9 million families that did not own the home they lived in could afford to take on a new
www.zillow.com
Affordability crisis: Housing Shortage Worsened Despite Pandemic Construction Boom
The growing housing shortage is the primary reason for the affordability crisis
www.zillow.com
Buyers Needs a $127,000 Down Payment to Afford a Typical Mortgage Payment
A median-income household would need to put 35.4% down to afford the payments on a typical U.S. home. A typical home is affordable to a median-income
www.zillow.com
Coming in Hot: Phoenix is Named the Best Market for New College Graduates
As the school year comes to a close, recent graduates embark on new adventures in unfamiliar cities, venturing into fresh career opportunities. From
www.zillow.com
Best company in the world lol
These Coquitlam homes are only 8 years old. Now, they're being relocated to avoid demolition
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Houses saved from demolition being moved to First Nation on B.C.'s Sunshine Coast
A major move underway in Port Moody will see 10 houses saved from the wrecking ball and given new leases on life on the Sunshine Coast where they can nurture future generations of families.
Home | Coronation Park
Renting in Montreal: fed up tenants feel they're being overcharged
The housing crisis means many tenants feel they are being overcharged for rent since apartments are in such high demand. A few banded together to make their voices heard but are fearful that speaking out could lead to eviction.
'Too good to be true': New housing development offers a lifeline in Vancouver's DTES
231 housing units — which range from 107 studio suites to 12 two-bedroom apartments — are for people living on income assistance. Read more.
Jill and Joe Biden have been using their Wilmington house as an ATM
Joe Biden and First Lady Jill have been using their homes as an ATM, taking out multiple mortgages and refinancing their Delaware properties an astonishing 35 times, DailyMail.com can reveal.
Rental scam warning
An Ottawa family says they are out thousands of dollars after paying rent for a house that was already rented. CTV’s Katelyn Wilson reports.
Bad credit? Here's what you should know if you're trying to get a mortgage
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Person allegedly posing as Realtor breaks into Ottawa home for fake showing
An Ottawa family is out thousands of dollars after a townhouse they were set to move into turned out to have already been rented.
Blue state residents are fleeing to red states for lower house prices: ‘Don’t Bring Your Politics,’ locals warn
Blue state residents are fleeing to red states for lower house prices: ‘Don’t Bring Your Politics,’ locals warn
America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit.
nypost.com
Jill and Joe Biden have been using their Wilmington house as an ATM
Joe Biden and First Lady Jill have been using their homes as an ATM, taking out multiple mortgages and refinancing their Delaware properties an astonishing 35 times, DailyMail.com can reveal.www.dailymail.co.uk
White folks have been doing this since WW2.
It’s why they are ahead financially in this country. And why Blacks were kept from buying homes.
They going the crying to go back where they fled from too. If you not used to living around a bunch of moron racists and religious loons you will hate your decisionBlue state residents are fleeing to red states for lower house prices: ‘Don’t Bring Your Politics,’ locals warn
Blue state residents are fleeing to red states for lower house prices: ‘Don’t Bring Your Politics,’ locals warn
America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit.
I’m so mad at this fuck’n housing market.
I’ve lost on two offers I thought were solid as fuck. Sellers don’t know if they want over asking, more due diligence, or both.
My latest offer, the listing was $415k. I offered $390k because it was from a flipper and they couldn’t tell me shit about the house. They countered with $410k and $5k due diligence. I countered with $405k with $5k dd.
Those fucktards declined mine and took $395k from someone else.
Shit feels like a crapshoot out here.
Damn, could the $395k they took have been cash?
I have no idea. I’m thinking they probably offered a higher dd because that’s how we lost out on the other, but we offered over asking.
In 2022, I was offering $20k in dd and still lost out.
I’m essentially competing with those who already have equity in the game. All my money are savings, stocks, and 401k.
I have no idea. I’m thinking they probably offered a higher dd because that’s how we lost out on the other, but we offered over asking.
In 2022, I was offering $20k in dd and still lost out.
I’m essentially competing with those who already have equity in the game. All my money are savings, stocks, and 401k.
You looking in the Boro? I didn't know it was booming like that....
It’s the desirable homes and areas that are booming. Lots of older and less desirable homes are on the market and seeing many price cuts. New home builds starts high, but are getting cut.
Looks like High Point might be my spot. I done started looking there now. I wasn’t trying to go there because it’s further from my university, but you get a better bang for your buck there.
Oh ok that makes sense. Haven’t been to the Boro in a few years outside of driving through on 85.
Yeah I’m sure HP probably offers more bang for your buck. Just did a search and there some nice joints that are reasonably priced, even some new builds.
Why not just do a new construction?
I’m on the fence with new constructions.
Why?? Honestly I've had good experiences with them....
Builders have a lot of incentives
Some homeowners are doing surprisingly badly, even as their homes grow more valuable than ever
Even homeowners are struggling with rising costs, as insurance premiums and home repairs balloon.
www.businessinsider.com