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Existing-home sales tumble to a 2½-year low as buyers give up
marketwtch.com ^
| Aug 22, 2018 10:53 a.m. ET
| Andrea Riquier
Posted on 08/22/2018 5:43:38 PM PDT by BenLurkin
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1
posted on
08/22/2018 5:43:38 PM PDT
by
BenLurkin
To: BenLurkin
calling BS on this.
No way this is true in north GA.
2
posted on
08/22/2018 5:45:54 PM PDT
by
Blueflag
(Res ipsa loquitur: non vehere est inermus)
To: Blueflag
I hope to have the old pad on the market soon and be rid of it.
If anyone is looking around NE Columbia in the burbs, I might have something for you.
3
posted on
08/22/2018 5:47:30 PM PDT
by
wally_bert
(Terrific! Terrific? Harve Nyquist never ordered any radials.)
To: BenLurkin
In my city, homes are going for asking price and more the first day on the market. It’s crazy - wish I could sell but I want to stay in the same neighborhood so it is pointless.
4
posted on
08/22/2018 5:49:21 PM PDT
by
peggybac
(Government is about force. It always has been about force.)
To: Blueflag
Well, if so, it wouldn’t be the first time the NAR had to...ahem...restate its numbers.
5
posted on
08/22/2018 5:49:29 PM PDT
by
mewzilla
(Has the FBI been spying on members of Congress?)
To: Blueflag
Where I live it has slowed way down.
Too much inventory, including my House.
My escape from CA is being delayed by the slowdown.
6
posted on
08/22/2018 5:49:45 PM PDT
by
Kickass Conservative
(The way Liberals carry on about Deportation, you would think "Mexico" was Spanish for "Auschwitz".)
To: BenLurkin
For years, the Realtors have been warning that many would-be buyers, particularly at the lower end of the market, are being priced out. See California...That's exactly what has been happening for a long time now.
7
posted on
08/22/2018 5:50:48 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: BenLurkin
NOT IN SOUTHERN CALIFORNIA
8
posted on
08/22/2018 5:52:22 PM PDT
by
onyx
(JOIN 300 CLUB BY DONATING $34 MONTHLY! TRUMP'S WAY IS THE WIINNING WAYT)
To: onyx
If it is true, GOOD, it means prices aren’t getting ridiculously out of range with what buyers can offer and sellers will adjust to what the market will actually bear.
9
posted on
08/22/2018 5:54:28 PM PDT
by
jyo19
To: BenLurkin
The media trying to put a bad spin on the economy. Of course it was way better under Ovomit.
10
posted on
08/22/2018 5:55:05 PM PDT
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: BenLurkin
This is a post tax reform market now. State and local taxes play a part as well.
11
posted on
08/22/2018 5:59:26 PM PDT
by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: BenLurkin
Left wing Market Crap will be spinning bad news all the way to the midterms .
Huge Lefties own it .
12
posted on
08/22/2018 6:00:04 PM PDT
by
ncalburt
(Gop DC Globalists out themselves ever ti)
To: wally_bert
13
posted on
08/22/2018 6:00:10 PM PDT
by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: Blueflag
Sure, lots of retirees leaving Florida for N. Ga or other retirees heading there from other states as well. Invade and conquer.
14
posted on
08/22/2018 6:01:56 PM PDT
by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: MichaelCorleone
Yes, I took it for granted.
Long day and there was a good episode of Alice on Antenna TV so I was off my game.
15
posted on
08/22/2018 6:02:43 PM PDT
by
wally_bert
(Terrific! Terrific? Harve Nyquist never ordered any radials.)
To: Blueflag
Its true in bigger markets. One of the problems is that people are paying inflated prices to buy properties to rent them as VRBOs. Go to any realtor site and youll see - if its in a remotely desireable area - the monthly income potential listed. You dont make $10,000 a month renting to real people, you make it on providing an unregulated, unanswerable commercial business in a residential neighborhood. And thats why potential residents cant afford anything in my town.
The owners of these properties dont even live here, some of them have never even seen the properties but just collect checks from their management agent, and in the meantime, entire neighborhoods are being destroyed. Heck, entire towns. No residents, no town. Drunken wedding parties do not make up the difference.
16
posted on
08/22/2018 6:03:27 PM PDT
by
livius
To: BenLurkin
Certainly not true in the Houston area. It’s going gangbusters.
17
posted on
08/22/2018 6:04:23 PM PDT
by
chaosagent
(Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
To: wally_bert
18
posted on
08/22/2018 6:06:03 PM PDT
by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: Blueflag
To: MichaelCorleone
It was the episode where Flo leaves Phoenix.
20
posted on
08/22/2018 6:06:55 PM PDT
by
wally_bert
(Terrific! Terrific? Harve Nyquist never ordered any radials.)
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