It’s been a sellers market for years, but now it is extreme due to record low inventory. With the great economy we had and low rates a lot of renters found themselves in a position to purchase. Now we see a lack of sellers due to concerns over economy/job security, combined with people fleeing urban areas/blue states. This results in the low inventory and competing offers on every single property. Winning offers aren’t even offering full list price, they’re usually significantly over list price, no sellers help and buyers waving inspections just to get it.
During the housing crash the china government bought alot of the foreclosed houses. Trump jjst made it so it illiagal to own so those house are going back on the market.
I live in NY. People have been leaving the city and heading up state in such large numbers that at one point you couldn’t find any uhauls to rent. People have been buying houses based on pics they saw online.
People are all not sure what to do next
They’re moving to the suburbs, not Mars
It’s been a sellers market for years, but now it is extreme due to record low inventory. With the great economy we had and low rates a lot of renters found themselves in a position to purchase. Now we see a lack of sellers due to concerns over economy/job security, combined with people fleeing urban areas/blue states. This results in the low inventory and competing offers on every single property. Winning offers aren’t even offering full list price, they’re usually significantly over list price, no sellers help and buyers waving inspections just to get it.
During the housing crash the china government bought alot of the foreclosed houses. Trump jjst made it so it illiagal to own so those house are going back on the market.
you know it is a bubble, when 'buy-houses-for-cash' is willing to pay me WAY more than I'd ever pay for my own house...
I live in NY. People have been leaving the city and heading up state in such large numbers that at one point you couldn’t find any uhauls to rent. People have been buying houses based on pics they saw online.
Idk, but my friend in NM says he's selling a ton, and in Texas they are selling like crazy.
it is a bubble - own my house free and clear - can't wait for the crash to pickup a new rental for cheap!
Were dying to get out of wa state...who knows maybe God will take us out of here in the summer
Lots of Wa state people on TD it seems. Bet Culp was robbed.
Oh absolutely! King county ruined it for us. Inslee didnt even campaign one bit..like he was so sure its fixed for him
people are moving to phoenix and boise by the thousands... the seattle people are the worst
Holding Pattern