Property Market is going WILD

[Wepa Man]

the heat has gone out of the local market where I am (now) in Germany too. pandemic, IRs, job insecurity/recession and affordability issues anyway finally kicking in.

it's very different to two years ago.

Everyone is blaming Dark Brandon

 

[ogc163]

5222 Addison St, Philadelphia, PA 19143 | Compass

5222 Addison St, Philadelphia, PA 19143 is a townhouse not currently listed. This is a 4-bed, 2-bath, 1,690 sqft property and last sold on 2023-03-29 for $220,000.

www.compass.com

 

[Domingo Halliburton]

5222 Addison St, Philadelphia, PA 19143 | Compass

5222 Addison St, Philadelphia, PA 19143 is a townhouse not currently listed. This is a 4-bed, 2-bath, 1,690 sqft property and last sold on 2023-03-29 for $220,000.

www.compass.com

I'm familiar with this market.

I don't hate that price. I bet it sells.

 

[ogc163]

I'm familiar with this market.

I don't hate that price. I bet it sells.

The price is solid, it's the price decreasing 100k in less than 3 months that's the surprising to me.

 

[Conan]

The price is solid, it's the price decreasing 100k in less than 3 months that's the surprising to me.

I'm not sure why you are surprised.

 

[ogc163]

 

[ogc163]

 

[Scholar]

Seller agents randomly emailing me

 

[FAH1223]

 

[Scholar]

Boomers going to hold this L selling to millennials

Powell

 

[Skooby]

Boomers going to hold this L selling to millennials

Powell

Not just millennials. There are still Gen Xers who don't have homes.

 

[Regular_P]

I HAD to buy a few months ago.

 

[Domingo Halliburton]

Had a listing agent bytching about how he hasn't had a house sit for multiple days in this ritzy Borough for the last 2 or 3 years until now.

 

[Domingo Halliburton]

I HAD to buy a few months ago.

I mean if you got a good rate I wouldn't be mad.

 

[mastermind]

I HAD to buy a few months ago.

Same